Indusind Bank Non Mantainence Account Offer

[bhavyegoelbhavyegoel is verified member.]

Indusind Bank is offering a non mantainence waiver offer on all of its accounts which are placed equal to lower than its Exclusive account for an initial high value account opening cheque which gives you host of benefits. With an exclusive account you get
1) Lockers on Discount with 1st year complete locker fee waiver!
2) Attractive Interest Rates
3) 20% off on BigBasket
4) Zero Forex Markup Debit Card
5) 20% off on Swiggy on Weekends
6) BMS BOGO Offer
7)Upto 0.92% cashback on monthly spends of ₹1,13,000 per month using Exclusive Debit Card - If you have a signature exclusive debit card and if you spend 1.13L (single transaction) you can earn 0.92% flat cashback (in form of reward points, redeemable against cash).

Account variant and required initial funding-



Offer period- 1st Oct to 31st Oct, 2022.

Offer valid till 31st October 2022. Go rush as this is the best time to get a non mantainence premium account for life. The initial funding is very small IMO for the benefits offered. #NotSponsored

Offer Link https://www.indusind.com/in/en/personal/offers/savings-account-festive-offers-tnc.html

 

[sharad007]

No one asked for credit card on based on this exclusive account relation will there be any LTF card offered ? @TechnoFino what is your view for opening this account ?

 

[avishj]

No one asked for credit card on based on this exclusive account relation will there be any LTF card offered ? @TechnoFino what is your view for opening this account ?

I did ask them. My RM informed till last month, they had an offer where they were giving all cards LTF with no joining fees as vouchers were not available. Now, I asked them for Pinnacle LTF w/out Joining, she called CC guy and confirmed that it is not possible at the moment, but Legend LTF w/out Joining Fees is possible and later after 5-6 months, she said free upgrade she can do to Pinnacle.

 

[Kartik155555]

Open a seperate account and this time ask for exclusive before 31st oct

You will get both the partner and exclusive at 0 mab

I need to open a joint account then? Or single account could be opened?

Can I request bank to stop the cheque payment. Cause the cheque has not been submitted today it will be processed by tomorrow.

Fight with him for this. Ask to give exclusive or upgrade existing to Exclusive under this offer. But i doubt upgradation with offer possible. Better create second account exclusive & close the Partner one. All this only if u have extra funds. If given by cheque ask him to use same cheque for Exclusive & close Partner immediately. If deposited & not cleared yet. Request for stop cheque in current back. This way u will have funds to open exclusive.

Fight with him for this. Ask to give exclusive or upgrade existing to Exclusive under this offer. But i doubt upgradation with offer possible. Better create second account exclusive & close the Partner one. All this only if u have extra funds. If given by cheque ask him to use same cheque for Exclusive & close Partner immediately. If deposited & not cleared yet. Request for stop cheque in current back. This way u will have funds to open exclusive.

Bank manager is saying i can't close the account which has not been opened. It's still in processing state? Is he lying or this type of request could be full filled?

 

[TheTrickySid]

I need to open a joint account then? Or single account could be opened?

Most probably yes

I did ask them. My RM informed till last month, they had an offer where they were giving all cards LTF with no joining fees as vouchers were not available. Now, I asked them for Pinnacle LTF w/out Joining, she called CC guy and confirmed that it is not possible at the moment, but Legend LTF w/out Joining Fees is possible and later after 5-6 months, she said free upgrade she can do to Pinnacle.

Is the card offered solely based on exclusive account??

 

[Francis@Aj]

In August month I closed my IndusInd Iconia Amex card, can I apply through this exclusive account or will have to wait?
When will I get to know the RM details, got SMS and email for registered kit was generated yesterday 28th October?
Closed the card due to limit.
any pointers will be helpful, thanks in advance.

my Rm said that it is a fee waiver and QAB will be shown as 1/2 lakh depending on city but non maintenance charges won't be deducted.

They offered me indusind legend cc with 2 lacks limit 😑

Was the card offered at the time of account opening or later.

 

[anonymuos]

No one asked for credit card on based on this exclusive account relation will there be any LTF card offered ? @TechnoFino what is your view for opening this account ?

I asked when I opened Exclusive account today with 4 lakh cheque. I was told to wait for few months then pre-qualified LTF credit card will be offered. They didn't say which one though.

 

[Rahul Gupta]

Was the card offered at the time of account opening or later.

next day.

 

[avishj]

Is the card offered solely based on exclusive account??

You can get it otherwise, but it's much much harder for Pinnacle

 

[Wealth is my birth right!]

I asked when I opened Exclusive account today with 4 lakh cheque. I was told to wait for few months then pre-qualified LTF credit card will be offered. They didn't say which one though.

Mostly LTF legend u will get but ask for pinnacle which is better than legend.

 

[sasha]

What is the difference between Exclusive and Partner account?
Bank Manager was interested only in Partner account. He said both accounts have same debit card and more accounts can be grouped in Partner account.

 

[TheTrickySid]

What is the difference between Exclusive and Partner account?
Bank Manager was interested only in Partner account. He said both accounts have same debit card and more accounts can be grouped in Partner account.

He's telling wrong info
Exclusive is better than partner
And 4 accounts can be grouped under partner and 6 accounts can be grouped under exclusive

 

[sasha]

He's telling wrong info
Exclusive is better than partner
And 4 accounts can be grouped under partner and 6 accounts can be grouped under exclusive

Pls share the difference between these two

 

[TheTrickySid]

Pls share the difference between these two

Open a Joint Savings account For Couples, Joint Bank Account | IndusInd Bank

Want to open joint bank account online? Apply for Indus partner savings account, a joint account for couples, to receive discounts on food & movie tickets. Learn more on our website.

www.indusind.com

Indus Exclusive Savings Account Online - IndusInd Bank

Indus Exclusive Savings Account is a premium banking programme with top-of-the-line benefits and offers. Priority banking, free locker & Demat, airport lounge access, and more benefits.

www.indusind.com

 

[EasyMoney]

@Wealth is my birth right! How long will it take for the reward points to be credited after the transaction date on the signature DC

 

[Rahul Gupta]

ok guys now after 3 days of account opening, i can do transactions now.

 

[anonymuos]

Pls share the difference between these two

One thing that Exclusive account's page lists is 0% Cross Currency Mark-up. Very useful for international transactions.

Another difference I see on the Indus website is Free Demat for 2 years in Exclusive vs just 1 year in Partner account.

 

[Harrypotter]

My branch personal is telling that if add on family account is opened for exclusive account we need to maintain 2 lakh. Is that true whether non maintainance waiver doesn't applicable for add on account @HyperBeast

 

[Bodhi]

My branch personal is telling that if add on family account is opened for exclusive account we need to maintain 2 lakh. Is that true whether non maintainance waiver doesn't applicable for add on account @HyperBeast

I'd like clarity on this too, please @avishj
Thank you

 

[TheTrickySid]

My branch personal is telling that if add on family account is opened for exclusive account we need to maintain 2 lakh. Is that true whether non maintainance waiver doesn't applicable for add on account @HyperBeast

I guess it's wrong info
Add on accounts always share the features of head account without any need to maintain extra.
In this case the head account will be 0 mab.

Not pretty sure but no seperate balance requirement is asked in any add on accounts.

Look at the image it's clearly says free zero balance account for family.

 

[Rahul Gupta]

Mostly LTF legend u will get but ask for pinnacle which is better than legend.

i asked them for pinnacle but they said i have to pay joining fees🙄