Personal Banking

Gives you the maximum benefits at zero balance requirements.

  • Free ATM Card
  • 5 Free domestic other bank ATM transactions in a month

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Small zero balance savings account

Indus Small Account brings you a host of benefits with very minimum requirements. You can avail all banking facilities and services at zero balance requirement and simplified documentation.

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Features & Benefits

Small savings account features & benefits

  • Simplified process
    • Hassle free and convenience in Banking at ZERO minimum balance*!
    • Easy account opening process with simplified documentation
  • ATM Card
    • Get an ATM card free
    • Convenient Access to account
    • Access IndusInd Bank ATMs across India for cash withdrawals, cash/ cheque deposits, VISA Credit Card bill payment, balance enquiry, mobile top-up and other miscellaneous requests, all for free
    • 5 Free Domestic Other Bank ATM transactions in a month (Cash withdrawal, Balance enquiry, PIN change OR Mini Statement)
  • Banking as per your convenience
    • Direct Withdrawal facility – weekly once
    • 365 days banking at select branches
    • Toll Free contact centre access to our Service Staff
    • w.e.f 1st July, NEFT/RTGS charges are waived off across Branches and other channels.
  • Internet Banking
  • Statements & Nomination
    • Half yearly statements, monthly statement through email
    • Free nomination facility

* As per BSBDA guidelines of RBI

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Small savings account eligibility

The following can open an Indus Small Account:

  • Resident Individuals above 18 years of age
  • Balance requirement
  • Zero minimum balance

For an Indus Small Account the following conditions are applicable: -
a) The aggregate of all credits in a financial year does not exceed rupees one lakh
b) The aggregate of all withdrawals and transfers in a month does not exceed rupees ten thousand
c) The balance at any point of time does not exceed rupees fifty thousand
At any point in time, if the above conditions are not met, the Account Holder will be required to provide additional documents for KYC completion; else, the Bank will be entitled to close the account.

Non – Maintenance charges
No charges on non-maintenance of minimum Average Quarterly Balance
Note: - Foreign remittance shall not be allowed to be credited into a small account.

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Small savings account documentation

The following documents will be needed to open the Indus Small Account

  • An Account Opening Form Duly Filled
  • One passport size self-attested colour photograph
  • The prospective customer should visit the branch and affix his/ her signature/ thumb impression in the Account Opening Form in front of the Branch Manager or Manager Customer Service and Operations

Limitations of Small account:

  • The aggregate of all credits in a financial year should not exceed rupees one lakh
  • The aggregate of all withdrawals and transfers in a month should not exceed rupees ten thousand; and
  • The balance at any point of time should not exceed rupees fifty thousand

Important instructions:
Operations in a small account will be allowed initially for a period of twelve months with the relaxed provisions. In case the customer visits the branch within twelve months of account opening and provides evidence of having applied for any officially valid documents, then Bank will allow operations for a further period of twelve months. If the customer fails to submit officially valid documents within the stipulated period, Bank will review the relaxation provisions.

Foreign remittance is not allowed to be credited into a small account.

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No Restriction Or Compromise. Only Quality Banking!

I was looking for a bank that offers maximum facilities with less or no restrictions as far as transactions and minimum balance is concerned. Indus small savings account was, therefore, the account for me. To open a savings account with the reputed IndusInd Bank, and getting the best-in-the-class facilities, there was nothing more I could ask for.

Umesh Thakkar, Chandigarh, April 10, 2016


An effectively structured zero balance account

I wanted to open a saving account so that I can move around without carrying unnecessary cash and make my payments online. But at the same time, I did not want the restrictions of any minimum balance requirement. That is why I decided to open savings account with IndusInd bank because it effectively caters to all my banking requirements.

Vinit Jain, Bangalore, April 9, 2016


A Bank That Serves The Needs Of Common People

My Indus small savings account provides me with top grade banking comforts without the condition of maintaining a minimum balance. This is especially exciting for small investors like me who have very little to fall back on. Moreover, IndusInd Bank is very transparent with their policies and procedures and gives best services to its customers

Girish Datar, Pune, April 8, 2016


Access To Prominent Banking Facilities For Small Savers

Since I am a student and do not have much of an income, most of my money comes from stipends. But I do like to save. IndusInd Bank has made savings possible for me through its IndusInd small savings account. This account allows me to save without the stress of maintaining a minimum monthly balance. Thanks, IndusInd Bank!

Amit Jethwani, Delhi, April 7, 2016


Loads of Banking Facilities And Zero Balance Requirement

For small savers like me, the zero balance IndusInd small savings account comes as a boon. All banking facilities and services are made available at ‘NIL’ balance requirement. What’s more? The bank also provides me with 365 days banking, free NEFT & RTGS along with direct withdrawal facility and other banking conveniences.
Nilesh Mathur

Nilesh Mathur, Jaipur, April 6, 2016



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