Indus Exclusive Savings Account

One such bank that has followed suit is the IndusInd Bank. IndusInd Bank has launched the Indus Exclusive Savings Account which comes with a number of privileges for the account holder, making it ideal for wealth management.

Features and Benefits of the Indus Exclusive Savings Account

1. The IndusInd wealth management gives every Indus Exclusive Savings Account holder regular reports and updates of the industry. With this valuable information, one can choose their investment safely and wisely.
2. To make sure you keep a tab on how you’ve spent your money the last month, every month the bank issues e-statements. Now, one can track their cash flow.
3. Notifications when one makes a transaction or money is credited to their savings account. With this, the account holder can keep track of their outstanding balance.
4. The Check-On-Check service helps customers keep a track of the checks he/she has issued with the help of the e-statement.
5. Every Indus Exclusive Savings Account holder has the benefit of insurance that comes with the account. The insurance covers areas such as lost card liability, air accident, death or disability, etc.
6. With the help of the Visa Global Assistance service, once can make use of the cash replacement or emergency disbursement of cash in the case of an emergency when travelling abroad.
7. Every account holder can get the help of a certified relationship manager who could assist the customer with investment planning, choosing an insurance policy and deciding on which foreign exchange service to trust with their money.
8. Free Lifetime Platinum Exclusive debit card at the time of opening the savings account.
9. Account holders are not charged a transaction fee for withdrawals from ATMs across the country.
10. No processing fees when shopping at merchant establishments.
11. Indus Exclusive Savings Account holder can make a group account by merging all family accounts into one. By doing so, managing the wealth of the family becomes easier.
12. ‘Buy one get one free’ offer when buying tickets from Bookmyshow.
13. Luring discounts on locker rental fees for the first year of holding the account.
14. Flat 20% off on loan processing fees.
15. No maintenance charges for Demat accounts for the first two years of holding the account.
16. An Indus Exclusive Savings Account holder can enjoy the benefit of enhanced withdrawal limit and spending limit per day.
17. 2.5% waiver on petrol surcharge.
18. Through the 5X Reward program, an account holder can redeem points on every transaction, use them for purchases or opt for cash back for the accumulation of the points. For auto-cashback, each point is equivalent to Rs.50 paise. One can use it as miles as well, where 2 points is equivalent for every JP mile.
    1. For transactions made up to Rs.5,000, 1 point is earned for every Rs.100 spent.
    2. Over Rs.5,000, 2 points are earned for every Rs.100 spent.
    3. For transactions made between Rs.10,000 and Rs.20,000, 3 points are earned for every Rs.100 that is spent.
    4. For transactions made between Rs.20,000 and Rs.40,000, a customer can earn 4 points for every Rs.100.
    5. 5 points for every Rs.100 that is spent can be earned for transactions above Rs.40,000.

One has to choose their redemption option when signing up.