Indus Digi-Start: Digital Savings Account

What is a digital savings account?

A digital savings account is a savings account opened online using video KYC without having to visit a physical branch in an easy, fast, and secure way. With 100% paperless process, an individual can open a digital savings account with zero balance and manage their funds from anywhere, at any time. What’s more, the attractive savings account interest rate will help your money grow!

What is the difference between saving and a digital saving account?

A digital savings account differs from a regular savings account in terms of the convenience it offers when opening an account. To open a regular savings account, you have to visit your nearest branch to fill in the application and get started.
With IndusInd digital savings account, you can bid farewell to the hassle of physically visiting the bank and filling up the paperwork.
Both accounts provide attractive rate of interest

How do I apply for a digital savings account?

You can apply for a digital high interest savings account online. Follow a 100% secure and paperless application process – Choose an account number of your choice, enter your details, fund your account with initial funding and complete the KYC process on a video call. Open an online digital savings account to save and manage your funds and enjoy attractive interest rate savings account.

What interest rates does IndusInd Bank offer on Digital Savings Accounts?

Indus Digi-Start, our zero balance digital savings account, offers you the one of the most attractive savings account interest rates!

How do I transfer funds using my Digital Savings Account?

Digital savings account with zero balance offers you easy access to all the banking services such as online transfers, withdrawals, remittances, and more.
With a digital savings account, you can transfer funds through internet banking services, Indus mobile banking app, or through UPI via other payment apps. The ease of managing and transacting funds online is what makes opening a digital savings account a convenient choice. What’s more, the higher rate of interest on savings account is the icing on the cake!

What is the monthly balance that I have to keep in a digital savings account?

With IndusInd Bank, you no longer have to worry about maintaining a minimum balance when you opt for a digital savings account opening. The Indus Digi-Start savings account is a zero balance digital savings account that comes with no monthly balance restrictions. Only initial funding of Rs 20000 is required for this account. This makes it a great option in terms of flexibility and convenience.

How do I open a digital savings account?

Open a digital saving account to enter a world of exciting deals and benefits; transfer funds online, shop, pay at local stores using your debit card and earn great discounts. For online digital savings account opening, you need to submit your PAN card, Aadhaar card and complete the KYC process on a video call.

What are the different steps involved in opening a Digital Savings Account?

You can open a digital savings account in just four easy steps with IndusInd Bank. We offer a secure, fast, and paperless process for digital savings account opening. Follow these simple steps to get started-

• Provide your valid Aadhaar number linked with your mobile number and a copy of the PAN card
• Fill in the application with the required details
• Fund your Account
• Complete the video-KYC with our representative

And done! Now you can save, transact, shop online, and more with your online digital savings account. We provide attractive saving bank interest rates, allowing you to earn more on your savings!

How is the Savings Account Interest Rates Calculated?

The savings interest rates are calculated on a daily basis i.e. on the daily maintained closing balance in your savings account by IndusInd Bank in accordance with Reserve Bank of India directives. The interest amount calculated is also rounded off to the nearest rupee. Please to take a look at our range of interest rates.