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Product Details
Bank Name
IndusInd Bank
Account Name
IndusInd Progress Saving Account
Account Type
Saving
Interest Rate
Upto 5 Lakh - 3%. Above 5 Lakh And Upto 10 Lakh 4%. Above 10 Lakh And Upto 25 Lakh: 5%. Above 25 Lakh And Upto 50 Lakh: 6%. Above 50 Lakh And Upto 5 Crore: 7%.
Free Debit Card
Yes
88.5
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
INR 25,000
Debit Card Charges
0
NEFT Charges
Free
IMPS Charges
Upto 1 lakh @ Rs 2.5 per txn
1-5 lakhs@Rs 10 per txn
Fees and Charges
IndusInd Progress Saving Account
Special Features
Quarterly voucher worth INR 750 for spending using your Debit Card for Merchant Payments over INR 75K in a Quarte
Eligibility Criteria
Indian resident above 18.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Free NEFT and RTGS.
Feature rich debit card.Unlimited ATM withdrawals.
6x reward on shopping.
Unlimited free ATM withdrawals.
Multiple offers on shopping online.. .
Cons
IndusInd Progress Saving Account Review
The account offers decent interest rate. The account also comes loaded with a number of value add features.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Account Opening and Procedure
How to open an Account?
Application Procedure
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