IndusInd Account Frozen

[amitkumar759875]

I opened one month before an Indus Advantage account which they were opening through Indus Credit Card. After one month they blocked the account. I also visited the branch they were clueless why the account was frozen. They said it will take 10 days and they need to personally verify the address. Can anyone assist what can be done here to speed up this.

 

[ToxicOp]

Visit ur nearest Branch
50k for single
100k for family banking
If u have legend cc then it's 0 MAB

Visit ur nearest Branch
50k for single
100k for family banking
If u have legend cc then it's 0 MAB

For how many days have you used your indus Digi-start account? Have you faced any account freeze problem. And what kind of transaction have you done in Digi-start?

 

[Fini7777]

For how many days have you used your indus Digi-start account? Have you faced any account freeze problem. And what kind of transaction have you done in Digi-start?

My Experience with IndusInd Bank's Digi-Start Account​

I've been using my Digi-Start account for over two years without any account freeze issues. Most of my transactions involved UPI payments and credit card bill payments.

I opened this account online via video KYC, but shortly after, I had to visit a branch to update my signature. I believe this step ensured my account remained active and prevented any blocking issues.

However, recently, I started facing problems with UPI transactions. UPI apps were unable to fetch my account details, and UPI payments stopped working altogether.

A Horrible Branch Experience​

Recently, I visited a branch to open an Indus Select account for my mother (who already had a Delite account). Unfortunately, the experience was frustrating, raising further concerns about their services.

Points to Keep in Mind When Dealing with IndusInd or IDFC Banks​

Based on my experience, here are a few tips for managing accounts with these banks:

1. Avoid Using Them as Your Primary Account
   These accounts may not be reliable for regular transactions.
2. Keep Transactions Within Your Declared Annual Income
   Ensure your accumulated transactions in a year don't exceed the annual income you declared during account opening.
3. Visit a Branch at Least Once
   Perform at least one transaction at your nearest branch to keep your account active.
4. Avoid UPI or Bill Payments
   These banks are not the best choice for UPI or frequent bill payments.
5. Avoid Issuing Cheques for IP
   Instead, use debit cards or net banking for IP payment.
6. Use These Accounts Primarily for FDs or Investments
   They are better suited for fixed deposits or specific investment purposes.
7. Declare a Higher Annual Income
   If you wish to do more transactions, ensure you declare a sufficiently high annual income during account setup.

Thread 'Worst Experience with Indusind Bank select Account Opening'

Jul 4, 2024

I opened a Delite AC for my mother online but not completed VKYC after few days I visited branch and opened Indussind select AC and gave 2L IP cheque and req for the closure of Delite SB AC
But the amount was debited and not credited in Indusind Select AC

They said that due to that delite AC is active the money is not cleared and they raised the req for clearing from their end waiting for the Approval from RH

it's been 7 days but the RH is not responding to mail sent by BM it seems

I'm so frustrated What is the link between that select and delite accs as I've given cheque for indus...

• Fini7777
• Replies: 44
• Forum: Bank Account

• 

Thread 'facing Multiple issues with Indusind bank savings account and INDIE Account'

Dec 3, 2024

Hi, I've been facing multiple issues with my IndusInd Bank savings account and Indie account.

Recently, I updated my registered mobile number in the bank's records, and ever since, the issues have escalated, causing me immense frustration. I hold Indus Select and Indie accounts with IndusInd Bank.

Issues:​

1. UPI Not Working:
   
   • I have been unable to reset my UPI PIN despite multiple attempts. Unlike other apps, Paytm doesn't even display my Indus Select account.
   • I’ve tried various methods like using Aadhaar and debit card details, but...

• Fini7777
• account indie indusind indusind bank indusind bank savings account savings savings account
• Replies: 28
• Forum: Bank Account

•