Overview
Embark on your start-up journey with Indus Aspire Current Account. Enjoy hassle-free banking with a 6-month AMB waiver to seamlessly fuel your entrepreneurial dreams.
Features and Benefits - Indus Aspire Account
NIL AMB for the first 6 months from the date of Account opening
Free 100 Payable At Par Cheque Leaves in a month
Anywhere free Cash Deposits up to Rs.3 lac per month
Anywhere free Cash Withdrawals
Free DD/PO up to Rs. 25 Lakhs p.m., payable at IndusInd Branch locations
Free RTGS/NEFT/IMPS for easy payment solutions through branch and online mode
Indus Aspire Current Account Eligibility Criteria
Eligible for Newly Incorporated Entities*
* Partnership/ Limited Company / Limited Liability Partnership/ Trust / Associations, Societies, Clubs etc.
Fee & Charges of Indus Aspire Current Account
| Average Monthly Balance Requirement | NIL AMB for first 6 months from the date of Account opening. Rs. 25,000 AMB after 6 months of Account opening |
| Charges for Non-Maintenance (NMC) of AMB after 6 months of Account opening | Rs. 500 per month if AMB is >= 50% but <100% & Rs. 650 per month if AMB is <50% |
| Cheque Leave Issuances (Payable At Par) | 100 cheque leaves free per month |
| Charges on additional usage1 | Rs. 2 per leaf |
| Outstation Cheque Deposit | |||||||||||
| Payable at Non - IndusInd Bank Locations |
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| Cash Deposit at Home + Non-Home Location | |
| Free Limit per month | Rs 3 Lacs per month inclusive of Home and Non-Home location |
| Additional Charges on incremental deposits | Rs. 4/1,000 Min. Rs.50 |
| Cash Withdrawal | |
| Cash Withdrawal Other ATMs* | Free |
| Cash Withdrawal Outside India ATMs | Rs 125 |
| Cash Withdrawal Limit by ATM Card | Refer to Standard Schedule of Charges for Debit Card |
| DD/PO (At Branch Locations) | |
| Free Limit | Up to Rs. 25 Lacs per month |
| Charges on Additional usage | Rs. 1/1,000 Min. Rs 25 Max. Rs 10,000 |
| DD/ PO (Correspondent Bank Location) | |
| Free Limit | Up to Rs 5 Lacs per month |
| Charges on Additional usage | Rs. 2/1,000 Min Rs. 100, Max Rs. 15000 |
| DD/ PO (Non-Correspondent Bank) | Rs. 3/1,000 Min Rs. 100 Max Rs. 15,000 |
| Stop Payment | |
| Cheque | Single cheque Rs. 100, Series cheque Rs. 150 Nil Charges if requested through IndusNet/Indus Mobile/IVR |
| Cheque Return | |
| Inward for Financial Reasons | Up to 2 instruments per month Rs.350 per instrument. On the 3rd & 4th instruments Rs. 500 per instrument. 5th instrument onwards Rs. 750 per instrument. |
| Outward | IndusInd Locations - Rs. 50 per cheque Other Locations Rs. 100 per cheque + Out of pocket Expense |
| NACH/ECS | |
| NACH/ECS Returns | Rs.200 |
| Debit Card | |
| Gold/Titanium Debit Card | Issuance, Annual Charges, Replacement & Supplementary Card - Rs. 249/- |
| Platinum Business CHIP Debit Card | Issuance, Annual Charges, Supplementary Card - Rs. 699, Replacement Card Rs. 249/- |
| Balance Enquiry Outside India | Rs 20/- per Transaction |
| ATM/POS Limit on Debit Card | Limit as per Debit Card Taken. Refer to Standard Schedule of Charges for Debit Card |
| Account Statement | |
| Ad hoc Statement printed | Rs. 10 per page |
| Cash Delivery/ Pick-up (Per call)+ | |
| Till 2 Lacs | Rs. 150 |
| 2 - 5 Lacs | Rs. 250 |
| 5 - 10 Lacs | Rs. 400 |
| 10 - 20 Lacs | Rs. 800 |
| >20 Lacs | Contact Branch |
| Cash Delivery/ Pick-up (Beat Delivery) per month+ | |
| Till 1 Lacs | Rs. 2,000 |
| 1 - 2 Lacs | Rs. 3,000 |
| 2 - 5 Lacs | Rs. 5,000 |
| 5 - 10 Lacs | Rs. 9,000 |
| 10 - 20 Lacs | Rs. 16,000 |
| >20 Lacs | Contact Branch |
| Cheque Pick-up (on call) | Rs. 50 per call/ Instance |
| Cheque Pick-up (Beat) per month | Rs.500 |
| Collections | Local Cheque Deposit | Cheques deposited at any location of Indusind Bank for clearing in the same location | Funds Transfer within IndusInd Bank 2 | Outstation Cheque Deposit on Indusind Bank Location |
| Payments | "Anywhere Payment: Cheques paid at any location of Indusind Bank | Cash Withdrawal-Any IndusInd Bank Branch or ATM 3 | Funds Transfer within IndusInd Bank 2 |
| Other Services | Non-financial Transactions - Other Bank ATMs in India^ | Email Statement (Daily) | Dormant Account Activation Charges | Internal Transfer Return Charges | Account Closure Charges |
| NEFT / RTGS / IMPS | Branch | Online |
| IMPORTANT: If Average Monthly Balance is maintained less than 60% of the product selected, free limits will not be applicable and below mentioned Standard charges will apply. |
| 1. Standard Charges per cheque leaf is Rs. 2/- |
| 2. Standard Charges for funds transfer trasaction is Rs. 15/- per cheque |
| 3. Standard Charges for cash withdrawal at Non-Home Location is Rs. 2.5/1000 minimum Rs. 50 |
| 4. Standard Charges for Cash deposit at Home location/Non-Home Location:Rs. 4/1000 minimum Rs. 50/-. |
| *Free Monthly Cash Withdrawal Limit at Non-IndusInd Bank ATMs is capped at 50 transactions per month subject to Average Monthly Balance maintenance of Rs.10,000 in previous month. In case the Average Monthly Balance in previous month is less than Rs.10,000, then 5 transactions are Free. Cash Withdrawal transactions above the specified limits will be charged at Rs. 21 per transaction. | Cash Withdrawal outside India is Rs.125. |
| ^W.e.f. 20th December 2023, number of Non-financial ATM transactions i.e. Balance Enquiry, Mini-statement, PIN Change, Mobile Banking Registration, Cheque Book Request, Statement Request and Aadhar Number Seeding, etc. on Non-IndusInd Bank ATM is limited to 5 transactions per day. |
| +Available in Select Locations only |
| PAP- Payable At Par |
| GST as applicable on charges |