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

 

[sasha]

Has anyone with A/C opened in OCt-22 received statement with 0 Balance / Wavier of NMAB mentioned

 

[hakunamatata]

Has anyone with A/C opened in OCt-22 received statement with 0 Balance / Wavier of NMAB mentioned

Not yet!

 

[Francis@Aj]

Not yet!

Same here yet to receive the kit also , any idea when the statements will be sent?

 

[srichaitanya]

Yes select account you'll get 0 MAB

Thank you. How to apply for Select Account with 0 MAB?

 

[Wealth is my birth right!]

Thank you. How to apply for Select Account with 0 MAB?

Take branch help they have to input some code while opening the account

 

[TheTrickySid]

What is the difference between the debit card of exclusive account and partner account... Both offer visa signature card I guess...???

I have both cards they are exactly same, also look exactly same just exclusive dc has exclusive written on it while partner dc has nothing written on it.

The only difference is in usage
Partner: 1.5L ATM withdrawals/3L Online & 1Free international ATM withdrawal.

Exclusive: 2L ATM withdrawals/4L Online & Unlimited international ATM withdrawal along with zero forex

 

[TheTrickySid]

Is Indus the only bank to ever come with such offer - zero balance account and LTF DC after initial high deposit? Or has it been done by other banks in the past? I remember ICICI Pocket Savings account (not to be confused with Pocket wallet/prepaid card which they have now). That was a rare 0-balance true savings account from ICICI. (I know about ICICI Wealth account but that is TOO HIGH, I went to ask at my branch and they were like "Sir you can't afford it, it's like 30 lakhs initial deposit" and shooed me off.)

The initial funding is negotiable it depends on how better you can negotiate.
I've opened ICICI wealth with 5L initial funding last month.

 

[Batmanbaba]

I have both cards they are exactly same, also look exactly same just exclusive dc has exclusive written on it while partner dc has nothing written on it.

The only difference is in usage
Partner: 1.5L ATM withdrawals/3L Online & 1Free international ATM withdrawal.

Exclusive: 2L ATM withdrawals/4L Online & Unlimited international ATM withdrawal along with zero forex

Unfortunately I have to go with partner account as exclusive removed from offers.... Was waiting for the amount and the offer is gone now... I don't need international transactions so I guess partner account will be only option... Can we hold both partner and exclusive account together in future...?? Is there any difference in pre approved offers for credit card in both accounts...???

 

[TheTrickySid]

Unfortunately I have to go with partner account as exclusive removed from offers.... Was waiting for the amount and the offer is gone now... I don't need international transactions so I guess partner account will be only option... Can we hold both partner and exclusive account together in future...?? Is there any difference in pre approved offers for credit card in both accounts...???

Yes you can hold both accounts together.

I am not sure about the pre approved cc coz I don't have any experience regarding it but the bank considers partner account a normal account whereas exclusive account as a premium account coz the exclusive and pioneer account have same customer care service department along with priority query resolution for both variants and different customer care department for the rest of the accounts.


So I think the exclusive account might have more chances of pre approved offer.

 

[avishj]

What is the difference between the debit card of exclusive account and partner account... Both offer visa signature card I guess...???

There are quite a few of them, check the bank page below:

Get Visa Signature Partner Debit Card with Rewards & Benefits - IndusInd Bank

With the IndusInd Bank Visa Signature Partner Debit Card, earn up to 6X reward points for every Rs 200 spent. Along with that, get Rs. 6,000 worth of annual movie tickets. Apply now!

www.indusind.com

Rewards & Benefits of VISA Signature Exclusive Debit Card - IndusInd Bank

With the IndusInd Bank World Exclusive Debit Card, enter in a world of privileges. Access exclusive benefits such as personal and air accidental coverage. Apply now!

www.indusind.com

 

[TheTrickySid]

Unfortunately I have to go with partner account as exclusive removed from offers.... Was waiting for the amount and the offer is gone now... I don't need international transactions so I guess partner account will be only option... Can we hold both partner and exclusive account together in future...?? Is there any difference in pre approved offers for credit card in both accounts...???

Weren't you aware of the offer last month??

 

[avishj]

Weren't you aware of the offer last month??

I think they were waiting for the amount to come in hand to write the cheque.

 

[Batmanbaba]

Weren't you aware of the offer last month??

I was short of 4 lakh....... Was waiting for nov as indusind extends every offer... They extended but removed the exclusive account

 

[TheTrickySid]

I was short of 4 lakh....... Was waiting for nov as indusind extends every offer... They extended but removed the exclusive account

Yes I also predicted the extension of the offer
But removing select and exclusive account was unpredicted 😢

 

[Wealth is my birth right!]

I have both cards they are exactly same, also look exactly same just exclusive dc has exclusive written on it while partner dc has nothing written on it.

The only difference is in usage
Partner: 1.5L ATM withdrawals/3L Online & 1Free international ATM withdrawal.

Exclusive: 2L ATM withdrawals/4L Online & Unlimited international ATM withdrawal along with zero forex

Main difference between two are the zero markup fee on foreign spending under exclusive account card

 

[vatsalhk]

Would anyone have screenshot of the October offer by any chance? If yes, please send here or DM. On website they've replaced the page with Nov offer.

@bhavyegoel if you have please provide.

Thanks a ton in advance!

 

[aryanraj]

Would anyone have screenshot of the October offer by any chance? If yes, please send here or DM. On website they've replaced the page with Nov offer.

@bhavyegoel if you have please provide.

Thanks a ton in advance!

Here here is the attached pdf for the indusind october offer.

 

[Francis@Aj]

Received my kit today

 

[Batmanbaba]

Here here is the attached pdf for the indusind october offer.

Would anyone have screenshot of the October offer by any chance? If yes, please send here or DM. On website they've replaced the page with Nov offer.

@bhavyegoel if you have please provide.

Thanks a ton in advance!

Even if u try to get exclusive by showing this pdf.... They have made changes on server side... Now only the November specific accounts are shown in the tab of bank officials... I visited the branch today that by luck if I can get exclusive under same offer

 

[aryanraj]

Even if u try to get exclusive by showing this pdf.... They have made changes on server side... Now onky the November specific accounts are shown in the tab of bank officials... I visited the branch today that by luck if I can get exclusive under same offer

Hi, i visited the bank on Nov 1, they were offering Partner account using double IP but i asked only to go with 0 MAB Exclusive and they were just keep repeating both accounts are same but it is not.

He also showed one partner account having double IP applied. But My Goal was DELITE OR EXCLUSIVE.

I was about to go and open Delite and the account manager asked me to wait and talked with Branch manager and said we can try using Double IP for exclusive and they put the same in while filing the application. Said, It worked. The application is filed with 4Lakh initial deposit but the cheque is still not cleared but i received email that welcome kit is being generated also the application form pdf.

In pdf the product type show is INDIVIDUAL SAVINGS but card type is Signature EXCLUSIVE Card.

Now, i have keep repeated the same, 0 MAB EXCLUSIVE ACCOUNT both in the front of Account and Branch Manager, if any amount get deducted, i will write to Nodal officer as i have made 4 Lakh initial deposit as a proof.

Could you really confirm the "Server Side changes", is the promo box not visible? I was able to see Promo and Referral box(left blank) while filing.