• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

INDIE , the IndusInd's SUPER APP - for existing SB A/C holders

Apply For Lifetime Free IDFC First Credit Card
Reader mode
SSV

SSV

TF Reserve
Contributor
VIP Lounge
Guys and Gals,

Today I opened an INDIE account ... App version: 1.1.36

Background: Currently I have the following relationships with IndusInd.
1) Exclusive Bank Account
2) Legend CC
3) Pinnacle CC
4) Fixed Deposit

Process:

After giving, mobile no, OTP, PAN, Aadhar and OTP again.. the account was created instantly in a jiffy ... Extremely smooth ..
No profile detials are required, No VKYC required.. it is showing KYC status as Verified...
Funded 50K via UPI... got Megastar immediately and Virtual DC generated immediately and ordered Physical Visa Signature card for free..

Observations:

1) My Indie account number is : 18 XXXXX XXXXX = my mobile number with 18 prefix. IFSC Code : INDB0000004
2) My Exclusive bank Account no: 15 XXXXX XXXXX = my mobile number qith 15 prefix . IFSC + my local branch
3) All my existing credit cards ( Legend, Pinnacle) are shown in Indie, surprisingly, it is showing an extra Pinnacle MC World Contactless CC as another CC
4) All my Fixed Deposits are shown in Indie..
5) Showing INDIE virtual DC
6) MISSING: My Exclusive account Visa, MC and Platinum DCs are not shown in Indie yet.. Probably they slowly migrate them into Indie at a later stage...
7) A Link to open the legacy IndusInd mobile APp

With this, my suspicion is turning into reality...

I think moving forward INDIE will be the face of IndusInd's technology..
the current IndusInd mobile will be slowly phased out ...

More importantly, the current Select, Exclusive account holders.. no need to worry about your accounts...
They will be kept as it is.. They wont be replaced with INDIE account.. They will be there...


The objective:
So , in effect I will have the following, in an ideal case scenario:

1) 0 AMB Exclusive Account
2) 0 AMB Indie Megastar Account
3) 2L Indie FD
4) Legend CC LTF
5) Pinnacle CC LTF
6) 3 Exclusive DCs - Visa, Master and Platinum - LTF
7) Indie Visa Signature DC - LTF

That's the plan.. Lets see how it pans out...

FAQ - INDIE account & Tiers such as MegaStar

FAQ INDIE YOUniverse | INDIE by IndusInd Bank

Experience the limitless possibilities of digital banking with INDIE by IndusInd Bank . Explore more in FAQ INDIE YOUniverse.
indie.indusind.com indie.indusind.com

FAQ - INDIE Debit Card

FAQ Debit Card | INDIE by IndusInd Bank

Enjoy the convenience of a virtual debit card, apply for a numberless debit card online, and explore the possibilities of seamless digital banking.
indie.indusind.com indie.indusind.com

A few screen shots...of INDIE App after account opening

1716461590835.jpeg 1716461531988.jpeg






1716461456504.jpeg 1716461491708.jpeg



1716461563909.jpeg 1716461512104.jpeg
 
Last edited:
Apply For LTF AU LIT Credit Card
Sort by date Sort by votes
SSV said:
Are you asking me??
If Yes,

I am also having serious thinking whether to maintain two accounts in IndusInd.. or one or none..

They are currently having an extremely pressure cooker situation organisation-wise..
I will take a call just before this financial year ends.. ie. in March.. and let you know.. Please wait until then.. I will assess these accounts in 2 months time ..

Look at this they are under serious pump , share price wise in the last one year.. lost ~ 40% , which is massive..

We need to wait and see how they play the ball here..

I will be re-evaluating my banking relationhip with them in the next quarter..

View attachment 78970
Click to expand...
Actually, I was planning to transfer all my FDs to IDFC after maturity and break the relationship with Indusind, However, I noticed a similar trend with IDFC as well it's down by around 26% over the last year.

Let’s see what happens, but TBH, IDFC's IT infrastructure and online customer service are very good.
 
Upvote 0 Downvote
SSV said:
Are you asking me??
If Yes,

I am also having serious thinking whether to maintain two accounts in IndusInd.. or one or none..

They are currently having an extremely pressure cooker situation organisation-wise..
I will take a call just before this financial year ends.. ie. in March.. and let you know.. Please wait until then.. I will assess these accounts in 2 months time ..

Look at this they are under serious pump , share price wise in the last one year.. lost ~ 40% , which is massive..

We need to wait and see how they play the ball here..

I will be re-evaluating my banking relationhip with them in the next quarter..

View attachment 78970
Click to expand...
Yeah, they (along with other private players) took a hit due to the microfinance debacle. However, I don't think there are/will be any systemic concerns with the bank. I hope they don't go full berserk like Axis to increase revenue. They have been the turtles of private sector banking and I hope they keep playing to their core strengths, slow but steady and dependable. I have Indie, Exclusive and Pioneer accounts with them and though they have their quirks, overall they have been good if not great.
 
Upvote 0 Downvote
dvader said:
Yeah, they (along with other private players) took a hit due to the microfinance debacle. However, I don't think there are/will be any systemic concerns with the bank. I hope they don't go full berserk like Axis to increase revenue. They have been the turtles of private sector banking and I hope they keep playing to their core strengths, slow but steady and dependable. I have Indie, Exclusive and Pioneer accounts with them and though they have their quirks, overall they have been good if not great.
Click to expand...
100% agree with all your statements and I too strongly believe that IndusInd play the game to their core strengths.. that’s why I will wait for another quarter and see how they start reacting to their situation.. at this point of time I have no major complaints against them and hence continuing with all current products , two sb accounts and three CCs
 
Upvote 0 Downvote
Reader mode
You must log in or register to reply here.
Back
Top