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How an IndusInd Bank current account can help your business?
Posted on Monday, May 23rd, 2022 | By IndusInd Bank
For any business, having a current account is very important in order to conduct their day-to-day transactions with ease. A current account is a business bank account that has no cap on the number of transactions made daily and comes with a number of other benefits like the overdraft facility, free NEFT/RTGS & IMPS transactions, and internet banking.
With IndusInd Bank as your banking partner, you get many other features and benefits that can help your business manage its day-to-day transactions better. Here are some ways in which an IndusInd Bank current account can help your business:
Doorstep banking
When you are handling a business, visiting the bank frequently for those check and cash deposits is not something that you want to handle. For instance, IndusInd Bank’s Indus Max account, you get the feature of doorstep banking where you get up to 3 free check pickups every month through on call facility so that you can focus on what matters to you most.
Unlimited transactions and free NEFT/RTGS/IMPS
As a business, you will need to conduct a number of transactions every day through many different modes. The last thing that you need is to pay additional charges for these transactions. If you opt for Indus Max current account, there are no additional fees or charges associated with transactions conducted through NEFT/RTGS/IMPS modes so that your current account doesn’t become a burden on your business.
Auto sweep deposit
Another amazing feature that you get with the IndusInd Bank current account is that you can opt for auto sweep deposit, wherein any additional balance in your account over and above a specified limit automatically gets transferred to your fixed deposit account. This ensures that you are able to save money that can be used later for expansion and earn high returns on that money.
Free Demand Drafts
Are you tired of paying additional charges for your demand drafts? Not anymore. Some of the accounts such as Indus Max account, provide free demand draft issuance worth 25 Lacs at IndusInd Bank branches and that of 5 Lacs at any other correspondent bank locations every month. This will not only help you cut costs from your business but you will be able to manage your payments securely and promptly.
Low average monthly balance requirement
As a business, money is always scarce. You can always use additional money to fund your business’s requirements whether it is inventory or expansion plans or salaries, etc. Therefore, you need a business account that doesn’t involve locking up huge sums of money because of high average balance requirements.
Last words
With IndusInd Bank as your banking partner, you can be rest assured of quality service, transparency, and the best features on all of its products. In order to apply for a current account online with IndusInd Bank, click here.
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.
