Benefits of Paying Bills Online with Current Account

Posted on Monday, May 1st, 2023 | By Indusind Bank

When it comes to managing your finances, paying bills is one of the most important tasks you need to keep up with. Fortunately, with technological advancements, it is now easier and more convenient than ever to pay your bills online using your current account. By using your current account to pay your bills, you can enjoy several benefits. 

Benefits of paying bills online using current account

It’s easy: Convenience is one of the most significant advantages of using your current account to pay bills. Instead of keeping track of multiple accounts and due dates, you can use your bank’s online platform to manage all of your bills in one place. This way, you can track your payment history, view upcoming bills, and make adjustments as necessary with just a few clicks. 

It saves time: Paying bills using your current account can also save you time. With automatic payments, you can set up recurring payments for your monthly bills, such as rent, utilities, and credit cards. This means you no longer need to write out a check or spend time making a payment every month, and you don’t have to worry about missing a payment deadline. 

It saves money: Another benefit of using your current account to pay bills is that it can save you money. Most banks offer free bill pay services, eliminating the need for stamps, envelopes, and checks. Additionally, some banks offer cashback or rewards for using their bill pay services, which can add up over time. 

It’s secure: Paying bills using your current account is also a secure method of payment. Banks use advanced security measures to protect your financial information, such as encryption and fraud detection. Plus, you can set up notifications to alert you when a payment is made or if there are any issues with a payment. 

It helps with credit score: Finally, using your current account to pay bills can improve your credit score. Your payment history is a significant factor in determining your credit score, and paying bills on time can help you maintain a good score. By using your current account to set up automatic payments, you can ensure that your bills are paid on time each month. 

How to pay bills online using current account

Paying bills online using IndusInd Bank Current Account is a convenient and straightforward process. To get started, you first need to have an active IndusInd Bank Current Account and be registered for net banking. Once you have logged into your net banking account, navigate to the ‘Bill Pay’ section and select the bill you want to pay. You will need to enter the biller details, such as the name, account number, and payment amount. You can then select your payment method, such as a one-time payment or setting up an automatic payment schedule.  

Review your payment details, and if everything looks correct, submit your payment. You will receive confirmation of your payment, and your bill will be paid promptly.  

With IndusInd Bank Current Account’s online bill payment feature, you can pay all your bills quickly and securely, saving you time and hassle. 

That’s not all! IndusInd Bank Current Accounts also come with:-  

• 100% digital banking via all-in-one Indus Merchant Solutions App 
• Business loans at attractive interest rates 

• Freedom to choose an account number you like 
• Premium doorstep banking services 
• Multiple solutions to accept digital payments seamlessly 

Click here to open your current account now and enjoy a fully digital account opening process with Video KYC! 

Conclusion:  

In conclusion, using your current account to pay bills offers numerous benefits, including convenience, time savings, cost savings, security, and credit score improvement. By taking advantage of these benefits, you can streamline your bill payment process, save time and money, and protect your financial information. If you haven’t already started using your current account to pay bills, now is the perfect time to get started. 

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.