Digital Banking for Businesses

Connect Online is our integrated corporate internet banking platform that supports the transaction banking requirements of our customers across Cash Management, Trade Services & Remittances. Integrated with Single Sign-On, corporates can access both Cash Management & Trade Products using the same user interface and login sessions.

The following features are supported:

• Connect Online for Cash Management:
  • Real-Time Balance & Transactions Reporting
  • Quick Statement & Account Statement downloads
  • Payment Initiation (RTGS, NEFT, IMPS, Internal Funds Transfer, Bank Cheque & Corporate Cheques)
  • Bulk File Upload from your ERP
  • Online Cheque Book Requests
  • Fixed Deposit Initiation
  • Statutory Payments (Direct Taxes)
  • Comprehensive Payment Reports
• Connect Online for Trade Services:
  • Bank Guarantees (Initiation & Amendment)
  • Letters of Credit (Initiation, Amendment, Advising & Documents under LC)
  • Documents Under Collection (Export, Import & Inland Trade)
  • Outward Remittances
• Connect Online for Remittances:

Designed for Exchange Houses, Connect Online can be leveraged to send cross-border remittances into India for pre-approved purposes.

In addition to a rich user interface and comprehensive product support, the channel offers utmost security for enhanced user experience. Our security features include https with SSL, Payment file encryption (on request), online authorisation as per Board Resolution, distinct user roles and two-factor authentication. 

For corporates who wish to have a seamless integration, we can offer Connect Online SFTP as a value-added solution where payment files can be directly transferred to the Bank via secure connectivity.

Customer can opt to enforce online authorisation via Connect Online for added security and control. The channel combines the benefits of a seamless integration with online authorisation for enhanced process control and efficiency. 

Our all-new Corporate Mobile Banking App enables Banking On the Go for our corporate clients. Our clients can manage their payments, enquire real-time balances, request for a statement of accounts, view the payment status and view Trade Dashboard on the go. Leveraging on the security offered by phone devices, users can opt for biometric driven transaction authorisation in addition to the traditional MPIN driven authentication. 

We offer a rich API Banking experience for our clients across their receivables, payables and liquidity management requirements. At IndusInd, we truly believe API Banking brings in benefits of process automation, seamless interface, real-time transaction status update and enables corporates to re-engineer their operational processes with enhanced efficiency, transparency, speed and control. We offer a complete stack of API Banking for Account Statements, Disbursements and Electronic Receivables.

Customers who are interested in any of the above products can reach out to their Relationship Managers or drop an email to connectonline@indusind.com

PAYMENTS on Mobile

• Access account services – real-time balances, mini statements, All accounts view
• Initiate and Authorize your domestic payment
• Create / Modify / Approve Beneficiaries
• Authorise bulk payment files uploaded through IndusDirect web portal
• Inquiry of Payment Status and Beneficiary
• View Interest Certificate
• Stock Statement Submission

TRADE on Mobile

• Trade Dashboard
• View EDPMS and IDPMS outstanding
• Initiate Inward Remittance settlement
• Initiate Direct Import Remittance
• Initiate Direct Export Lodgment
• Initiate EEFC Transfer
• Apply for Pre Shipment finance
• Authorization of Trade transactions
• Regularize your EDPMS and IDPMS

• Initiate RTGS, NEFT, IMPS, cheques & drafts
• Upload files for bulk payments
• Real time balances & account statements
• Authorise payments as per board resolution

• Issue guarantees & letters of credit
• Settle inward remittances
• Initiate foreign currency payments
• Regularise bill of entry/shipping bill