Overview
We understand that a successful enterprise requires constant attention and support. Partnering with you in this venture, we at IndusInd Bank are pleased to present to you - Indus Textile. It is a current account which has been designed especially for your business needs in the textile industry. While you tend to your customers, leave all your banking requirements to our team of specialised professionals, thereby giving you the freedom to grow your business and take it to the next level.
Click here to know more about our USPs.
Features of Indus Textile Current Account
Cheque Transaction
Free* at par payable cheque book
Cash Withdrawal
Freedom to withdraw cash* from any of our branches across India
Fund Collection
Collect your funds at any of our 250 locations by depositing cheque at the same location
Net Banking
Easy access to your account through our electronic access points: Net Banking, Phone Banking and Mobile Alerts
Cash Collection
Cash Collections at Textile Locations: Deposit free cash up to a specified limit* at over 81 identified textile locations
No Charges
Nil cheque return (outward) charges upto 10 cheque per month at IndusInd Bank location
Indus Textile Current Account Fee & Charges
| Average Monthly Balance requirement | Rs. 60,000 |
| Charges for Non-Maintainance of AMB (Monthly) | Rs. 800 per month |
| Cheque Leave Issuances (Payable At Par) | 150 cheque leaves free per month |
| Charges on additional usage1 | Rs. 2 per leaf |
| Local Cheque Deposit | Free | ||||||||||
| Cheques Deposited at Any location of Indusind bank for clearing in same location | Free | ||||||||||
| Outstation Cheque Deposit on Indusind Location | Free | ||||||||||
| Outstation Cheque Deposit on Non-Indusind Location |
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| Funds Transfer (Between any Indusind Bank Branches) (Online/through Branch)2 | Free | ||||||||||
| Funds Transfer (Between any Indusind Bank Branches) (Online/through Branch)2 | Free |
| Payments through payable at par cheque | Free |
| DD/PO (At Branch Locations) | |
| Free Limit | Rs. 50 lacs per month |
| Charges on Additional usage | Rs. 1/1000 Min Rs. 25 Max Rs. 10,000 |
| DD/PO (Correspondent Bank Location) | |
| Free Limit | Rs. 10 lacs per month |
| Charges on Additional usage | Rs. 2/1000 Min Rs. 100 Max Rs. 15000 |
| DD/PO (Non-Correspondent Bank) | Rs. 3/1000, Min Rs. 100 Max Rs. 15000 |
| NEFT/ RTGS/ IMPS | Free |
| Cash Deposit at Home Location | |
| Free Limit (Home Location) per month3 | Rs. 5,00,000 per month |
| Additional Charges on incremental deposits | Rs. 3/1000 (Minimum Rs. 50/- per transaction) |
| Free Cash Deposit at Non-Home Textile Location per month3 | Rs. 2,00,000 free per month, exceeding that Rs. 4/1000 (Minimum Rs. 50/- per transaction) |
| Cash Withdrawal | |
| Cash Withdrawal (Home Location) | Free |
| Cash Withdrawal (Non-Home Location)4 | Free |
| Cash Withdrawal (ATM's) IndusInd Network | Free |
| Cash Withdrawal Other ATMs | Free 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 ATM's | Rs. 125 |
| Cash Withdrawal Limit by Debit Card | Refer Standard Schedule of Charges for Debit Card |
| Stop Payment (Single Cheque) | Rs. 100, Nil Charges if requested through Net banking/Mobile banking/IVR |
| Stop Payment (Series Cheque) | Rs. 150, Nil Charges if requested through Net banking/Mobile banking/IVR |
| Cheque Return (Inward) For Financial Reasons | Upto 2 instruments per month- Rs.350 per instrument. On 3rd & 4th instrument - Rs.500 per instrument. 5th Instrument onwards- Rs.750 per instrument |
| Cheque Return (Outward) IndusInd Location | Free upto 10 cheque returns beyond which charge of Rs. 50 per cheque |
| Cheque Return (Outward) Other Locations | Rs. 100 per cheque+ Out of pocket Expenses |
| Internal Transfer Return Charges | NIL |
| NACH / ECS Return | Rs. 200 |
| Debit Card | |
| Gold / Titanium Debit Card | Rs. 249/- (Issuance, Replacement, Supplementary Card & Annual Charge) |
| Platinum Business CHIP Debit Card | Rs. 699/- (Issuance, Supplementary Card & Annual charges) Rs 249/- for Replacement |
| Non-financial Transactions - Other Bank ATMs in India^ | Free |
| Balance Inquiry Outside India | Rs. 20 per transaction |
| POS Limit on Debit Card | Limit as per Debit Card Taken, Refer Standard schedule of charges for Debit Card |
| Email Statement (Daily) | Free |
| Adhoc Statement printed | Rs. 10 per page |
| Cash Delivery / Pickup (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 / Pickup (Beat delivery) per month | |
| Till 1 lacs | Rs. 2,000 |
| 1 - 2 lacs | Rs. 3,000 |
| 2 - 5 lacs | Rs. 5,500 |
| 5 - 10 lacs | Rs. 9,000 |
| 10 - 20 lacs | Rs. 16,000 |
| > 20 lacs | Contact Branch |
| Cheque Pickup (Beat) per month+ | Rs. 50 per instance |
| Cheque Pickup (On call)+ | Rs. 500 |
| 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 deposit at Home location: Rs. 3/1000 minimum Rs.50/-, Non-Home Location: Rs. 4/1000 minimum Rs. 50/-. |
| 4 Standard Charges for cash withdrawal at Non-Home Location is Rs. 2.5/1000 minimum Rs. 50 |
| ^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 |
Cash Collections Locations
Indus Textile cash collections locations
Textile Locations where you can deposit free cash.
| Andhra Pradesh | Jammu & Kashmir | New Delhi | West Bengal |
| Ananthpur
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Srinagar
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New Delhi
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Durgapur
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| Guntur
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Karnataka | Orissa
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Kharagpur
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| Hyderabad
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Bangalore
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Bhuvaneshwar
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Kolkatta
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| Vijayawada
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Mangalore
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Pondicherry | Tamil Nadu |
| Vishakapattanam
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Mysore
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Pondicherry
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Chennai
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| Warangal
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Madhya Pradesh | Punjab | Coimbatore
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| Assam | Bhopal
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Amritsar
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Erode
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| Guwahati
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Gwalior
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Bathinda
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Hosur
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| Chandigarh | Indore
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Jalandhar
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Karur
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| Chandigarh
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Jabalpur
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Ludhiana
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Madurai
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| Chattisgarh | Kerala | Mohali
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Salem
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| Bilaspur
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Ernakulam
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Phagwara
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Tirupur
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| Raipur
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Kannur
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Rajasthan | Trichy
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| Goa | Kochi
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Ajmer
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Vellore
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| Panjim
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Kottayam
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Bhilwara | Uttar Pradesh |
| Gujarat | Kozhikode
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Jaipur
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Agra
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| Ahmedabad
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Thiruvananthapuram
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Kota
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Allahabad
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| Gandhidham
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Thrissur
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Jodhpur
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Bareily
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| Jamnagar
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Maharashtra | Udaipur
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Lucknow
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| Mehsana
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Aurangabad
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Bareily
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Kanpur
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| Rajkot
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Kolhapur
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Lucknow
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Noida
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| Silvassa
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Mumbai
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Kanpur
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Varanasi
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| Surat
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Nagpur
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Noida
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Durgapur
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| Vadodara
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Nashik
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Varanasi
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Kharagpur
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| Valsad
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Pune
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Kolkatta
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| Vapi
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Thane
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| Haryana |
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| Hissar
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| Karnal
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| Panchkula
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