Indus Delite is a Zero Balance saving account Offred by Indusind Bank. This acc
ount is opened instantly by simply completing the online application. This saving account also comes with Platinum Plus Debit Card, which has fantastic benefits like 5% cashback when you shop on Amazon or Buy1 Get1 Free on Movie tickets. Here is an Indus Delite account review.What’s Ahead
Key Highlights
- Its Zero Balance saving account.
- You can earn up-to 6% interest on Saving Bank account balance.
- The Account opening process is paperless and completely digital.
- Complimentary insurance of Rs. 35.5L with your Platinum Plus debit card.
- 6x Rewards on your Debit Card Spends.
- 5% cashback when you shop on Amazon.in.
- Get Free e-statements to track of your finances with complimentary monthly e-statements.
- Exclusive offers on such as free movie tickets, dining promotions, shopping discounts and more.
Pros and Cons of Indus delite account
Pros
- Do not need to maintain minimum balance.
- 6% interest rate on saving account balance.
- You can earn 6x rewards on debit card spend.
- Complimentary insurance of Rs. 35.5L with your Platinum Plus debit card.
- 5% cashback when you shop on Amazon.in.
Cons
- You need to have Rs.10,000 as initial funding.
- Platinum Plus Debit Card has a high annual fee of Rs.1.000.
Full Review
Here is the full review Indusind bank delite account
(1). Fees & Charges
When you open Indus Delite with Indusind Bank, all applicable charges are disclosed upfront by the bank. You can check all fees & charges applicable by visiting the Schedule of Charge for the account variant. However, for your conveyance, the significant charges are disclosed below.
Charges | Amount |
---|---|
AMB Requirement | NIL |
NMC Charges | NIL |
NMC Charges | Rs.10,000 |
Debit Card | Rs.1,000 or Rs.249 |
Issuance of Duplicate PIN | Rs.20 |
Cash Withdrawals | Free 5 withdrawals at Own ATM |
Foreign Currency Charges | 2% |
Daily Cash Withdrawal Limit | Rs.1,00,000 |
Daily POS Limit | Rs.2,00,000 |
Balance Certificate | Rs.100 |
DD – Issuance | Rs.300 per Rs.1,000 |
(2). Features
Indus Delite is a Zero Balance account, so the Major features of this account are, there are no charges for non-maintain of balance. Other features of this account are below.
- Zero Balance requirement
- You can open this account by Aadhaar card & PAN card instantly
- Cashback on major e-commerce platforms
- 6x Rewards on your Debit Card Spends
- 15% off on the best of restaurants by indusmoments.com
- Fabulous offers on Travel, Fashion & Shopping
(3). Platinum Plus Debit Card
One of the Best Features of this saving account is Its Debit Card. However, you need to pay Rs.1,000/-+GST as Annual Charges of this Debit Card. Here is everything in detail about Platinum Plus Debit Card.

#. A. Charges
- Issues Charges: Rs.1,000/-
- Annual Charges: Rs.1,000/-
# B. Benefits
- Movie Tickets: Worth Rs.3,000
- Cross Currency Mark-up: 2%
- Higher Daily Limits :Rs.1,25,000/- ATM ; Rs.2,00,000/- POS (Point-of-Sale)
- Buy One Get One offer that can be availed once per month for a maximum value of Rs.250 each; up-to 12 times in a year (on-first-come-first-served basis).
- Valid for ticket price of up-to Rs.250 when booked through bookmyshow.com.
# C. Other Benefits
- Lost Card Liability: Rs.3,00,000/-
- Air Accident Insurance: 30,00,000/-
- Personal Accident Insurance: Rs.2,00,000/-
- Purchases protection: Rs.50,000/-
(4). Rewards and Benefits
Indusind bank has a loyalty Program for IndusInd Bank customers. You can earn rewards points even if you use a Debit card for ATM/Cash-withdrawal. Here are the details in the table.
Your Monthly Spends | Points per Rs. 200 |
Upto Rs. 5,000 | 2 |
Between Rs. 5,001- to Rs.10,000 | 3 |
Between Rs. 10,001- to Rs.20,000 | 4 |
Between Rs. 20,001- to Rs.40,000 | 5 |
Above Rs. 40,001 | 6 |
What are the better alternatives to an Indus delite Zero savings account?
We have analyzed a variety of Zero Balance savings that can provide you with a better value in comparison to this saving account. These include the following:
- Indus Digi-Start
Bottomline: Indus delite savings account ?
Indus Delite- Zero Balance Saving Account is a good saving account. You can open this account without having any tension to maintain the balance in the account. However, the Platinum Plus Debit Card’s annual charges are slightly high compared to other saving account Debit Card charges. You have to trade-off between features of this debit card with Annual charges.
Do you have Indus Delite- Zero Balance Saving Account or thinking of opening soon ?, Share your experience in the comment section below.