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

 

[epeter07]

Same here.. Did the same thing yesterday but in the email I somehow got the pdf stating
account variant exclusive
Minimum balance requirement 100000
Initial funding 100000
Did you get the same.?
I too deposited 4 lac check

Looks like a generic one. For me showing 200000, may be because in metro.

 

[sasha]

1L/2L varies for branch area wise.

Regarding confirmation for A/c is in scheme cc is asking to mail. Not confirming over call.

 

[TheTrickySid]

1L/2L varies for branch area wise.

Regarding confirmation for A/c is in scheme cc is asking to mail. Not confirming over call.

Just ask them what's the required mab showing in their system for the account

 

[avishj]

I have an upstox 3in1 account. Demat not active anymore. My RM denied to upgrade it to exclusive account and map under my new exclusive account giving some technical reason. Can you please ask your RM that is it possible to change the variant of Upstox 3 in 1 account? Thanks.

I will check on this, but I am not sure about this.

 

[Wealth is my birth right!]

Just ask them what's the required mab showing in their system for the account

many of their branches have no idea about 1l or 2l even in metro i've my exclusive but maintaining 1l only so far no charges levied.
If they charge i go to ombudsman that there's no clarity to client.

 

[avishj]

Just ask them what's the required mab showing in their system for the account

Didn't they say that MAB is not changed but NMC won't be charged?

 

[Rahul Gupta]

Didn't they say that MAB is not changed but NMC won't be charged?

yes

 

[TheTrickySid]

Didn't they say that MAB is not changed but NMC won't be charged?

Yes but I also have partner account opened in May under same promo code "Double IP"
And this account shows no required mab in their system.

 

[sasha]

Just ask them what's the required mab showing in their system for the account

I called she checked a lot many offers and after a lot discussions she mentioned its a 0 balance account in system.

 

[TheTrickySid]

Recieved my welcome kit
Account open on 27 evening.

 

[Bodhi]

It's been 24 hours still account is debit freeze branch official asking for a week time as I hold another account with them. Is this is a norm or should I contact to nodal @Bodhi @HyperBeast

In my case, they took quite some time because of the verification process (so I was told). But from what I recall bank personnel mentioned that 2 working days are good enough.

 

[Bodhi]

Recieved my welcome kit
Account open on 27 evening.

Which card did you opt for - Visa or MasterCard and why?
Also, is the cashback offer on points applicable for both variants?
@HyperBeast
@avishj

Thank you

 

[TheTrickySid]

Which card did you opt for - Visa or MasterCard and why?
Also, is the cashback offer on points applicable for both variants?
@HyperBeast
@avishj

Thank you

Didn't get the option to select card network, so recieved Visa.
Would have selected MasterCard if would have given a choice.

Cashback offer applicable on both variants.

 

[manikP]

Didn't get the option to select card network, so recieved Visa.
Would have selected MasterCard if would have given a choice.

Cashback offer applicable on both variants.

Actually MasterCard variant has very less lounge locations available.

 

[TheTrickySid]

Actually MasterCard variant has very less lounge locations available.

Yes but I already have plenty of visa cards for lounge 😅

 

[Bodhi]

Didn't get the option to select card network, so recieved Visa.
Would have selected MasterCard if would have given a choice.

Cashback offer applicable on both variants.

Thank you @HyperBeast

I requested them, and so was given a choice between Visa Signature and Master.

 

[avishj]

Yes but I also have partner account opened in May under same promo code "Double IP"
And this account shows no required mab in their system.

I called she checked a lot many offers and after a lot discussions she mentioned its a 0 balance account in system.

Really got to get this in confirmation. Will email exclusive banking.

 

[avishj]

Recieved my welcome kit
Account open on 27 evening.

Same, 27th Evening, got kit in the morning

 

[avishj]

Which card did you opt for - Visa or MasterCard and why?
Also, is the cashback offer on points applicable for both variants?
@HyperBeast
@avishj

Thank you

They are only giving Visa out based on the info I have, points should be valid on either, not sure why network would play a role here

 

[avishj]

Thank you @HyperBeast

I requested them, and so was given a choice between Visa Signature and Master.

Interesting, I couldn't see this, atleast not within the app.