Product Details
Bank Name
IndusInd Bank
Account Name
IndusInd Select Savings 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 -World Select Debit Card
Account Opening Fees
0
Debit Card Charges
0
Annual Maintenance Fees
0
NEFT Charges
Free
Minimum Account Balance
INR 50,000
IMPS Charges
Free
Fees and Charges of
IndusInd Select Savings Account
IndusInd Select Savings Account
Special Features
Eligibility Criteria
Benefits
Features, Eligibility and Benefits of
IndusInd Select Savings Account
Pros & Cons of
Pros
Account can be opened digitally.
Unlimited free withdrawals on all ATMs. Upto 3 free movie tickets in a year.
Currency mark-up for 1%.
Annual discount worth INR 7200 on Swiggy.
Annual discount worth INR 7200 on BigBasket. Free debit card with multiple features.
6x reward points on shopping. Free Demat for 1 year
Cons
IndusInd Select Savings Account
IndusInd Select Savings Account
The account comes loaded with a number of value add features. However, the account offers low interest rate. It can be considered by individuals who are looking for a good package 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