Overview
We cater to the banking needs of Trusts, Associations, Societies, Clubs, Section 25/8 companies, NGOs and the entities run by them such as Educational institutions, Hospitals and Religious institutions among others through a range of accounts and services to suit their requirements.
Benefits Indus TASC Account
My Account My Number
A first of its kind banking feature that gives you the freedom, flexibility and convenience to choose the account number of your choice.
Check-On-Cheque
Through our Check-On-Cheque, an industry first solution to reconcile your issued cheques, you can access image of cheques cleared in your monthly e-statement which helps in keeping track of your issued cheques and reconciliation.
Indus TASC Account
Indus TASC Savings Account is a specially designed value-added account that allows you to earn higher rate of interest on account balances.
Choose from a wide variety of account variants basis your transaction needs.
Flexible range of tenure to suit your investment plans with attractive Interest Rates
As per amended Foreign Contribution Regulation Act, 2010, 3 types of accounts can be held for FCRA purpose:
* FCRA Account - to be opened with State Bank of India, New Delhi Main Branch
* Another FCRA Account – only 1 account can be opened for transfer of foreign contribution from their FCRA Account held with SBI New Delhi Main Branch.
* FCRA Utilization Account – one or more accounts can be opened for utilizing the foreign contribution received in FCRA Account held with SBI New Delhi Main Branch or Another FCRA Account.
IndusInd Bank being a Scheduled Commercial Bank can be used for opening and maintaining Another FCRA Account or FCRA Utilization accounts.
CSGL Account: For your investments into permitted Government Securities/Treasury Bills.
Demat Account: For your investment into Stocks/Shares/Corporate Bonds/Debt Instuments
Collection Solutions
We can provide collections solutions to cater to all your requirements be it collection from your
- Premises
- Our branches
- Online collection.
- Option of Beat (daily) or On Call (on request) basis.
- Pickup pointwise MIS for cash collections & MIS for cheque collections, realizations & returns can be provided in customizable formats.
- Option of Wired, Wireless, Digital PoS & Android PoS terminals
- Accepts both Credit & Debit Cards.
- Multiple modes accepted: Credit/Debit Card, Net Banking & UPI
- Acceptance of all major cards: Visa/MasterCard/Rupay/Amex
Collection solution for RTGS/NEFT/IMPS transactions with identification of remitter through Virtual accounts.
- Facility to collect mandate based debits in an automated and efficient manner
- Each registered mandate is uniquely identified by Unique Mandate Reference Number (UMRN).
- Immediate collection through/transfer between any two bank accounts.
- Both Push & Pull options available to collect payments round-the-clock.
- Universal collection platform for all modes of payments (online & offline)
- Can be accessed through a single integrated network along with consolidated MIS
- Online fee slip generation with payment link is also available
- Data based validation can also be done with or without API (Application Programming Interface)
Payment Solution
We can provide payment solutions to cater to all your requirements be it payment to your vendors, cheque printing or salary payments to employees/teachers, cash delivery.
- Cheque printing capability at your premises.
- Printing can be done at multiple locations.
- No need for a specialized high end printer.
- Complete online file/transaction authorization.
- Option of Bulk file upload and Maker Checker.
- Payments processed through IndusDirect Corporate Internet Banking Platform.
- Capability to integrate directly with your existing software/ERP application
- Can be accessed through IndusDIRECT Mobile App.
- Solution for repetitive and periodic high volume electronic transactions.
- Simplified registration.
Value added services
Multi-city Payable-at-Par Cheque Book Facility
- Allows your cheques to be treated as local cheques across any of the centres around the country where IndusInd Bank is present.
Local Cheque Collection Facility
- Allows you to deposit cheques at any IndusInd Bank Branch and get the credit into the Account as per local clearing cycle.
Outstation Cheque Collection Facility
- Allows cheques drawn at IndusInd Bank locations to be collected faster.
Account Statements
- Daily/Weekly/Monthly statement as per your choice on your registered Email.
- Download statement through our Corporate Internet Banking as per your need and convenience.
Access your account round the clock through our Corporate Internet Banking platform
- Option of View/Transaction access.
- Multi-level authorisation can be designed as per your requirement.
Salary Accounts*
- No minimum balance accounts.
- Higher rate of interest on Savings Account.
- Video Branch: Live Video Call with your branch.
- Choice Money ATM: Get currency notes in denominations of your choice at IndusInd Bank ATMs.
- Unlimited number of transactions on IndusInd Bank ATMs.
- Family Banking - Extend privileges to your family members.
- Attractive offering on loans.
ATM
- Captive ATM at your premises*
* Subject to Terms & Conditions
E-Tendering & E-Auctions
- End-to-end solution.
- Includes collection of Tender Fee/EMD/Service Charges and automated refund of EMD.
- Completely automated process with no manual intervention, helping maintain confidentiality.
- Customized MIS can be provided.
- Supports multiple modes of collection like Net Banking, Payment Gateway, NEFT/RTGS.
Connected Banking - Tally
- Access to multiple accounts through a single login.
- Maker and Checker roles for enhanced security.
- Payments can be restricted to pre-registered beneficiaries.
- Capability to integrate directly with your existing software/ERP application.
Funding for Institute Buses
- Simple, transparent process that helps in funding your vehicle requirements.
- Funding up to 90% of on-road price.
- Attractive interest rates.
- Flexible repayment tenures up to 59 months.
- Loans available for all brands of vehicles.
- Flexible EMI structures.
- Quick disbursal and easy documentation.
- Funding done directly, no DSA involved.
Medical Equipment Loan
- Procurement of new and refurbished medical equipment.
- Refinancing on lien-free equipment.
- Balance transfer with tenor extension up to 2 years and top-up facility.
- Loan amount from ₹5 Lakhs up to ₹10 Crores without collateral.
- Loan tenure up to 6 years with attractive interest rates.
- All major medical equipment suppliers/manufacturers included.
Retail Forex Services
Wide range of Retail Forex Services with minimum documentation. Both Online and Offline modes available.
Our suite of Forex products includes:
- Indus Multi-currency Forex Card
- Inward Wire Transfer
- Outward Wire Transfer
- Indus Forex Online Portal
General Insurance
IndusInd Bank offers a wide array of insurance products, tailored to match your evolving needs.
Corporate
- Fire & Burglary Insurance for property
- Group Health Insurance
- Group Personal Accident Insurance
- Corporate Overseas Travel Insurance
Retail
- Motor Insurance for Institute buses
- Health Insurance (Individual/Family Floater Policies, Critical Illness Policies, Personal Accident Policies)
- Home Structure and Content Insurance
- Overseas Travel Insurance
- Student Travel Insurance