Indus Select Savings Account - Family Savings Account

How can I make Indus Select my Salary Account?

Simply share your Indus Select Savings Account details with your company HR to start getting your salary in your Indus Select Savings Account. (Please ensure you have completed your Video KYC).

What are the additional benefits of making Indus Select your Salary Account?

Get your AQB (Average Quarterly Balance) requirement waived off (i.e. 0 Non-Maintenance Charges) on making Indus Select your Salary Account. Customers with minimum salary credit of INR 75,000 monthly will be eligible. You can enjoy this privilege as long as you are using Indus Select as your Salary Account. For other Indus Select benefits.

What is an Indus Select Savings Account?

The Indus Select Savings Account is a premium bank account offered by IndusInd Bank. It is more than just a place to store your funds - it is a gateway to a world of privileges. With the Indus Select Savings Account, you enjoy benefits such as cashback, discounts, free movie tickets, lifestyle offers, and more.

What are the benefits of an Indus Select Savings Account?

The Indus Select Savings Account offers a host of benefits, including:

• Cashback on shopping with the Select Debit Card
• Discounts on locker fees
• Free movie tickets via BookMyShow.
• Complimentary airport lounge access (with the Signature Select Debit Card)
• Unlimited free ATM withdrawals
• Discounts on dining, travel, and shopping
• Complimentary insurance coverage (with the Signature Select Debit Card).

What are the documents required for opening an Indus Select Savings Account?

To open the Indus Select Savings Account, you will need to provide:

• A filled-out account opening form (with sign/e-sign)
• KYC documents (as required under the bank’s KYC guidelines)
• A copy of the PAN Card and Aadhar card.

In case of multiple account holders, all individuals must sign the account opening form. 

What is the eligibility criteria for opening an Indus Select Savings Account?

Eligibility for the Indus Select Savings Account requires maintaining specific balances, such as a minimum balance of ₹50,000-1,00,000 in a savings account (single individual), ₹1,00,000 in a household-grouped savings account, ₹3,00,000 in combined savings and current accounts, and ₹10,00,000 in savings and fixed deposits.

What is the difference between Savings Account and Indus Select Savings Account?

While a standard savings account offers basic banking services, the Indus Select Savings Account provides enhanced features and privileges. So, you enjoy higher savings through cashback and discounts, complimentary insurance, free family accounts, airport lounge access, and personalised banking services, which makes it a more premium offering.

What are the fees and charges for opening an Indus Select Savings Account?

The fees and charges for an Indus Select Savings Account are nominal. Specific charges depend on the services used, such as locker fees or foreign ATM withdrawals. Detailed information can be found in the Schedule of Charges.