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
Annual Maintenance Fees
0
Minimum Account Balance
INR 50,000
Debit Card Charges
0
NEFT Charges
Free
IMPS Charges
Free
Fees and Charges
IndusInd Select Savings Account
Special Features
Eligibility Criteria
Benefits
Features, Eligibility and Benefits
Pros & Cons
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
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