Devaluation INDUSIND select - Non maintenance charge

[Raaghul5]

I have been having Indusind select savings account linked with legend card for a year now. I have never been charged non-maintenance charge so far. But strangely, I got a sms today that asked me to maintain balance failing which I'll be penalized with non-maintenance charge. Should I be doing anything at all with regards to this?

Is everyone getting the same message? Or am I the only one who got this message?

Have they updated anything in the recent SOC for select account? Any insights would be highly appreciated.

 

[Das.N]

Going by the trend, I think they will remove it by next quarter and notify through emails and updated SOB.

Then we will get rid of this bank by closing their account

 

[Sahil_07]

Then we will get rid of this bank by closing their account

Also that shit legend card

 

[lohithbunny4]

I received this message few months ago as well and I ignored it too... cut to Sep 2025, a couple days back my Select savings account was debited for 1062 Rs for non maintenance of minimum balance. I hold an active legend CC also a confirmation email from customer care saying the same. I emailed the screenshots to reachus@indusind.com today asking for a refund. Let's see how it goes!

 

[sarcasm99]

I received a SMS last month and I have been raising it in Twitter since then and now yesterday charges were deducted and they are asking to go to the branch and merge it even after mentioned that It was done 2 years ago... Still no positive response .. dropped them mail waiting for reply


I think its for them who have migrated to indie platform and there is no option for account and card link like in earlier app... Just an assumption

 

[s1t2y3a3m6]

So anyone here who still not onboarded inde app and for charged non maintenance ?

 

[Raaghul5]

Received this response

 

[SurajitK]

Got charged a total of INR 910.35 as per The Great Indusind (Select Account) Scam Festival. Now account balance Is INR -842.36. Dropped a mail and got response from them. Let's see what happens. 😒

 

[SurajitK]

For my friends who have asked for a template, here you go:

Dear Indusind Bank Team,

Name -
Customer ID -

I am long-term holder of Indusind Legend credit card and have been holding the Indusind Select Savings Account no. ........... for a few years.
Even though the Indusind Select Account has Average Quarterly Balance requirement of Rs. 50,000/-, Indusind Bank (as per its official 'Schedule of Benefits' or 'S.O.B.') offers waiver of minimum balance requirement for the Indusind Select Account to holders of Legend credit card, provided the two (credit card and savings account) are linked with one another.
By following such requirements, I have been using the aforesaid Select account along with the Legend credit card linked to each other and have been enjoying the benefits of Indusind Select Account without having to maintain any minimum Average Quarterly Balance.
But on ...../09/2025, despite having the Legend credit card as an active credit card, my aforesaid savings account was wrongly charged for non-maintenance of minimum balance. Before such charges my account had credit balance of Rs. ...../- (Rupees .........) only and now, as of writing this email, the account has a negative balance of Rs. ........../- only as per Net Banking. (Refer to screenshot and S.O.B. document attached below)
I therefore request your good office to look into this matter and reverse the charges immediately, as per your official Schedule of Benefits for Select Savings Account and make sure this incident does not get repeated.
Please note that your immediate action in this matter is highly solicited and failure to reverse the charges would compel me to raise this issue with the Banking Regulatory Body/Banking Ombudsman for compensation of mental harassment and trauma caused by wrongful acts of Indusind Bank.