Established in the year 1994, IndusInd Bank is considered the new-generation Indian bank. The bank offers various banking services including transactional, commercial, and retail. The bank offers a wide range of IndusInd savings account to meet your personal needs. In this post, we will discuss the IndusInd Online Savings account.
Here you will get all the information about Indus Delite saving account. We will discuss its features, benefits, documents requirement, IndusInd interest rate, and eligibility criteria. We will also guide you on “how to open an IndusInd online savings account?”
Table of Contents
IndusInd Saving Account (Indus Delite)
IndusInd Bank comes up with its latest offering of IndusInd Online Saving account. You can easily open your IndusInd saving account in few minutes from the comfort of your home. You can open this Aadhaar e-KYC based account without any physical documentation. And there is no need to visit the bank branch, not even once.
You can also transfer your money online as part of the account opening process. Subsequently, you can access it through the Indus Mobile App.
Features of IndusInd Saving Account
The key features of the Indus Delite saving account are listed below:
1. Earn up to 5% IndusInd savings account interest rate on this account.
2. Have the option to make it a Zero Balance Account.
3. Easy and quick account opening using Aadhaar and PAN.
4. Options to choose a personalized account number.
5. You can get your personalized debit card by choosing the image you want to set as the backdrop of your debit card.
6. At the time of opening it, you can also set up your mobile banking and UPI credentials.
7. Fingerprint banking facility.
8. Withdraw cash in the denomination of your choice at any ATM of IndusInd.
9. You can use WhatsApp banking services.
10. Get various discounts on food, cabs, and bills from the All-In-One store on IndusMobile.
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Benefits of Indus Delite Account
The following are some benefits of the IndusInd online saving account:
1. You can choose your account number.
2. No charges for IMPS/NEFT/RTGS transactions.
3. Get your balance and transaction alerts on WhatsApp.
4. Enjoy the discount on the locker facility.
5. Enjoy sweep FD (Fixed Deposit) facility.
6. Get access to Tapzo a store for Cab Booking, Food Ordering, and many more on the Indus Mobile app.
7. No charges for cash withdrawal and cash deposit up to Rs.2 lakh.
8. Fingerprint banking facility on Indus Mobile application.
Click here to open Indus Delite Account Online
IndusInd Savings Account Interest Rate 2021
The bank offers the following IndusInd savings account interest rate:
1. Daily balance up to Rs.1 lakh – 4.00% per annum.
2. Daily balance above Rs.1 lakh and up to (including) Rs.10 lakh – 4.00% per annum.
3. For daily balance above Rs.10 lakh – 5% per annum.
4. For IndusInd interest rate on the amount above Rs.1 Crore, please contact your branch or RM (Relationship Manager).
Note: These are the interest rate as of June 11, 2021.
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Eligibility Criteria
1. All resident Indians.
2. Age should be more than 18 years.
Note: You must not be holding an existing IndusInd savings account or current account.
Documents Required
1. Aadhaar card
2. PAN card
3. While opening it, you must be carrying your registered mobile number registered with your Aadhaar card.
How to open an IndusInd saving account online?
1. Visit the official website of IndusInd Bank. Click here.
2. Click on the “OPEN YOUR ACCOUNT NOW” tab.
3. Next, enter your mobile number. Your mobile number automatically becomes you’re a/c number. However, you can change it to any other 10 digit number of your choice. Click on the “continue” tab
4. Now you will receive an OTP on your mobile. Enter the received OPT in the space provided and click on the “verify” tab to proceed further.
5. Next, enter your PAN number and Aadhaar number. Click on the check box to accept terms and conditions. Click on the “Send Verification Code” tab. Enter the received OTP.
6. Here, fill in all the required personal and professional details.
7. Next, choose the branch of your choice.
8. Here you need to fill in your nominee details. Click on the “Continue” tab.
9. Next, choose your account type. Here, you can check the details of the accounts offered.
10. Now set your digital access like UPI Id and net banking credentials.
11. Now you have an option to complete your KYC through video call.
12. If you will complete your KYC via video then it will remain valid for 12 months. And you have to complete your KYC before the completion of one year. Note that the limit will be up to Rs.1 lakh only without full KYC.
13. Next, accept terms and conditions and complete the funding as per the chosen account type.
14. Once your payment is successful, your debit card and welcome kit will be sent to your address within a week.
Click here to open Indus Delite Account Online
Frequently Asked Questions
1. What is the interest rate of IndusInd bank?
IndusInd savings account interest rate is 4% to 5% per annum.
2. Can I open an FD/RD with this IndusInd saving account?
Yes, you can open an FD/RD but only after completion of face to face KYC verification process.
3. What is the interest rate on FD in IndusInd bank?
Click here to check the interest rate on FD in IndusInd bank.
4. Will I get a cheque book with this account?
No, there is no cheque book with this type of account. However, to apply for a cheque book, you need to complete face-to-face KYC verification.
Click here to open IndusInd Online Savings account.
Final Thoughts
IndusInd savings account comes with various benefits like account opening online, zero balance account option, good IndusInd interest rate, and many more. The bank has been using modern technology in its products and services. Therefore, if you want to avail the above mentioned benefits then consider opening Indus Delite saving account online.
Note: This post was originally published on June 12, 2021 and has been completely updated for accuracy and comprehensiveness.
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