Build Your Emergency Fund with Some of The Best Savings Accounts

Posted on Wednesday, November 29th, 2023 | By IndusInd Bank

IndusInd Bank offers a range of savings accounts, each with unique features and benefits, to help you set up an emergency fund and prepare for life’s unexpected expenses.

Achieving financial security is an aspiration for many individuals. However, we live in a world filled with unpredictability and sometimes have to cope with medical emergencies, job losses, or unforeseen expenses. Creating an emergency fund becomes essential in such circumstances. Having a savings account is crucial for building an emergency fund. It offers a safe place to deposit your money and watch it earn interest over time. IndusInd Bank offers a wide selection of savings accounts designed to assist you in building your emergency fund. Explore key features of some of IndusInd Bank’s finest savings accounts to kickstart your journey towards financial security.

Indus Select Savings Account

This savings account is an excellent choice for individuals seeking a premium banking experience. With this account, you can enjoy customised services and unmatched privileges that are tailored to your lifestyle. Listed below are the key features of this account:

1. Free zero balance account that covers up to 4 family members.
2. Complimentary insurance coverage worth INR 35.5 lakhs.
3. Savings worth INR 34,200 through cashback, discounts and free movie tickets.
4. 50% discount available on small/medium lockers for the first year.

Indus Digi-Start Savings Account

This savings account is a convenient option for individuals looking to manage their finances digitally. With features like online account opening and the ability to bank from anywhere, this account offers a hassle-free banking experience. Highlighted below are the main features of this account:

1. No minimum balance requirement.
2.  Fantastic offers and discounts on debit cards.
3. Complimentary insurance cover worth INR 1.5 lakhs.
4. Earn up to INR 1000 worth of annual reward points when you use your Titanium Debit Card for monthly expenses of INR 35,000.

Indus Diva Women Savings Account

This savings account is designed to meet the unique financial requirements of the new-age woman. With special banking privileges, offers on lifestyle spending, and convenient digital banking services, this account enables women to take control of their finances. Here are some prominent features of this account:

1. Free zero balance account that covers up to 2 family members.
2. Complimentary insurance cover valued at INR 35.5 lakhs.
3. Savings worth INR 23,000 through cashback, discounts and free movie tickets.
4. 35% discount on small and medium-sized lockers.

Indus Young Saver Savings Account

This customised savings account has been created to meet the changing demands of today’s youth. It aims to teach youngsters the value of savings and handling their finances wisely. Here are the primary features of this account:

1. Customised debit card to withdraw money or make online purchases.
2.  Personalised chequebook for hassle-free offline payments.
3. Earn up to INR 1000 worth of annual reward points when you use your Gold Debit Card for monthly expenses totalling INR 35,000.
4. ATM withdrawal limit of INR 50,000 with Gold Debit Card.

Indus Multiplier Max Savings Account

This account offers the flexibility of a savings account and the benefits of greater returns on fixed deposits. The primary features of this account include:

1. The minimum balance requirement is INR 10,000.
2. Balance above INR 20,000 will be automatically converted into Fixed Deposits (FDs), which offer higher and better interest rates.
3. Complimentary insurance cover worth INR 1.5 lakhs.
4. Fantastic offers and discounts on travel, fashion and shopping.

Why Choose an IndusInd Bank Savings Account to Build an Emergency Fund?

The features mentioned above prove IndusInd to be the best bank for savings accounts. Here are some additional benefits of savings accounts that truly simplify and enhance your banking experience with IndusInd Bank:

• My Account My Number – Flexibility to choose your account number
• Account updates via a video call with our branch and relationship manager
• Omnipresent banking with mobile, WhatsApp, Alexa, and Facebook
• Access to fingerprint banking with our mobile app
• Facility to shop, pay bills, book cabs, and order food on our IndusMobile app
• Innovative banking features like choosing your preferred currency notes, cash withdrawal without a debit card, and easy tracking of your cheques
• Automating recurring payments with our e-mandate facility

Experience the ultimate convenience with the online savings account opening process at IndusInd Bank! Apply today!

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.