Choosing Savings Accounts for Specialized Use Cases

Posted on Friday, March 10th, 2023 | By IndusInd Bank

Whether you’re looking for a savings account to save your earnings, grow them, or receive the returns from your investments, IndusInd Bank has a savings account for you. Visit our website, choose a savings account, and apply today to enjoy all the benefits.

Savings accounts have long been seen as a beginner-friendly financial product, as they carry no risks and provide stable interest. Most people use a single savings account throughout their life for a range of reasons. This includes:

• Accumulating earnings
• Creating an emergency fund, or
• for investments

And this is why more often than not, they limit the earnings they can get from them.

At IndusInd Bank, we offer savings accounts for specialised use cases – including investing and digital transactions. Each of these accounts comes with unique perks and tailor-made benefits. Which accounts are these? Read on to find out.

IndusInd Bank Specialized Savings Accounts

#1. PIONEER Banking and Wealth Management Account

If you’re a high-net-worth individual, looking for a savings account that offers top-of-the-line lifestyle privileges and priority customer service? Then your search ends with our PIONEER banking and wealth management program. 

Not only do you benefit from no non-maintenance charges, no transaction charges, but you also get complimentary discounts on locker charges. Along with that, you get access to free doorstep banking services, a complimentary feature loaded debit card with a 10 Lac spending limit, and a slew of other rewards and benefits befitting your lifestyle. 

Whether you need a new chequebook, passbook or TDS certificate, you never have to pay any charges for them. And the best part? When you are a PIONEER client, you can also group and share these benefits with your loved ones. 

Built on trust and transparency and following a relationship driven approach to banking, PIONEER client’s get dedicated relationship managers and wealth management services. This includes access to a tailor-made investment program considering your risk appetite and financial goals, product assistance and regular portfolio reviews to ensure that the investments are on track with your wealth related goals 

#2. Indus Max Active Savings Account

Use your savings account to make electronic bill payments, purchases and, occasionally, investments? Then you need to get an Indus Max Active Savings account.

You can set standing instructions for credit card bill payments, utility payments, investments and even recurring deposits through an eNACH mandate. Not just that. You can get higher returns on your recurring deposits and FDs with this account and even avail of non-maintenance charges waivers when you spend over a specific limit.

The Indus Max Active Savings account truly helps you save by giving you benefits on shopping when you use the Platinum Plus debit card, dining and attractive offers on shopping, fashion and travel. Moreover, you also get a 25% discount on your locker for the first two years.

Over to You

At IndusInd Bank, we understand every individual uses his/her savings account for different purposes. This is why we created unique Savings Accounts for specialised use cases to provide you with all the benefits you need.

For instance, high net-worth individuals can get a PIONEER account for premium benefits and tailor-made wealth management services; while those who make regular digital transactions for bill payments can benefit from the convenience of an Indus Max Active savings account.

Whichever account you choose, you can send an application for it online via our website. The application process is entirely online, quick and simple too! Apply now!

Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.