Terms & Conditions for Account Grouping Program

I have fully understood the Account Grouping Program, its features, eligibility criterion, benefits and Schedule of Charges as defined on www.indusind.bank.in. I confirm that details mentioned herein are correct including 'Relationship with Primary Account holder’. I understand that failure to maintain the prescribed relationship criterion across all of the Grouped Accounts, may lead to applicable balance non-maintenance charges or conversion of our accounts to a lower/ previous variant. In scenario where Group is disbanded when Primary Account ceases to exist or is not part of the Group, add-on accounts may get converted to a lower/ previous variant and may lead to applicable non-maintenance charges as per the SOC. In the event of failure to group the account, the add-on account will continue to have a balance requirement and may be liable of AMC in case of non-maintenance of balance. I understand that I have to maintain a Group Quarterly Balance as per the Product SOC, as available on indusind.com across all grouped accounts and shall not raise any claim and/or dispute in this regard, of any kind.

I give my consent to IndusInd Bank to use, share and disclose the communication contact details as per the consent clause hosted under the Bank’s Terms & Conditions