Established in 1994 by Srichand P Hinduja, the name ‘IndusInd’ Bank was inspired by the Indus Valley Civilisation - one of the greatest cultural example of a combination of innovation with sound business and trade practices. IndusInd Bank has been redefining banking for the past many years and has been a force for progression and innovation, offering an elevated banking experience for its diverse range of stakeholders, including government entities, PSUs, retail customers, and large corporations. The Bank’s product offerings include microfinance, personal loans, debit/credit cards, SME loans, advanced digital banking facilities, affluent and NRI banking services, vehicle financing, and innovative ESG-linked financial products. The bank also caters to the growing Indian diaspora.  The bank leverages technology through its 'Digital 2.0' strategy, ensuring multi-channel delivery and a robust digital infrastructure. In each of its unique offerings that include ‘INDIE’ - the one-stop-shop for all things digital banking; innovation and customer centricity remain at the core. IndusInd Bank holds clearing bank status for major stock exchanges BSE and NSE, settlement bank status for NCDEX, and is an empanelled banker for MCX.

Business area of the bank

IndusInd Bank offers a comprehensive portfolio of financial products and services designed to meet the diverse needs of individuals, businesses, and institutions. Its portfolio spans microfinance, vehicle finance, diamond banking, and corporate solutions, each designed to serve a specific need while driving meaningful, lasting outcomes. The Bank operates in India including at the International Financial Service Centre in India (IFSC), at GIFT City (IBU).

The bank’s products and services

Accounts

• Savings Account
• Zero Balance Savings Account
• Salary Account
• Current Account

Deposit

• Fixed Deposit
• Sweep in / Sweep Out
• Recurring Deposit
• Senior Citizen Fixed Deposit
• Safe Deposit Lockers 

Loans

• Vehicle Loans
• Affordable Home Loans
• Loan Against Property
• Gold Loan
• Loan against Securities
• Home Loan
• Agri Loan
• Personal Loan
• Professional Loans to Doctors
• Medical Equipment Loan

Cards

• Credit Card
• Loan on Credit Card
• Duo Card
• Debit Card
• Commercial Cards
• Business Cards
• Forex Card
• E-Mandate on Debit Cards

Insurance 

• My Family & Me
• My Business

Investments 

• Mutual Funds
• Sovereign Gold Bonds
• Alternate Products
• Invest in Government Securities
• National Pension System
• ASBA

Payments Products

• Debit Card
• Prepaid Card
• Forex Card
• FASTag
• Quick Pay
• Bharat QR
• UPI BHIM IndusPay
• Digital Rupee (e?)
• IndusInd Bank UPI

Foreign Exchange

• Forex Card
• Fx-Retail – Online
• IndusForex-Online Forex Portal
• Outward Remittances 
• Inward Remittances

Financial Inclusion

• What is PMJDY
• Social Security
• Financial Literacy
• Business Correspondent Services

Awards and Accolades

• 2016-17: Triple A Awards, Hong Kong- best bank in India - PSU 2016-2017.
• 2017-2018: Triple A Awards, Hong Kong- best country solutions - Best e- solution, 2017- 2018.
• 2018: Triple A Awards, Hong Kong- best country solutions - capital market (Samco Securities) 2018.
• 2018: Triple A Awards, Hong Kong-best country solutions - cash management (Thomas Cook) 2018.
• 2018: Triple A Awards, Hong Kong- best payment and collection solution- (Financial services Bajaj Finance, Aditya Birla Capital and Ebixcash).
• 2018: Triple A Awards, Hong Kong- best payment and collection solution- New Economy (Star Agribazaar & Indofil Industries).
• 2019: Asia’s best partner bank, NBFIs segment for transaction banking IDC Financial insights- Singapore (2019).
• 2019: Best digital payment facilitator, World Digital Marketing Congress & CMO Asia 2019.
• 2019: Most innovative money transfer product- India digital awards IAMAI 2019.
• 2019: Best bank- Payment and digital initiative world BFSI Congress & awards.
• 2019: Triple A Awards, Hong Kong- best cash management solution for Asset triple A awards - Hong Kong 2019.
• 2020-21: Most Innovative Company” for Multi-cloud platform in Business Impact Awards 2020 - Economic Times and VMware.
• 2020-21: Outstanding Response to COVID-19, Branchless Banking” at the Global Retail Banking Innovation Awards 2020 – The Digital Banker.
• 2020-21: Received two awards at the Finacle Innovations Awards 2020 for technology implementations • Product Innovation • Transformation Excellence
• 2021-22: Best Saving Product’ Award by Financial Express at the FE Best Banks Awards 2020-21.
• 2021-22: Outstanding Digital CX - SME Payments’ for its Indus Merchant Solutions at CX Awards 2022.
• 2021-22: Global VMware Customer Excellence Award for Improved Customer Experience
• 2022-23: IndusInd Bank was awarded by ‘Governance Now’ under the category - ‘SME Connect’ for initiating ‘Indus Credit for Business’.
• 2022-23: IndusInd Bank was awarded the Best SCF Solution Award for various clients at The Asset Triple Asian Awards 2022.
• 2022-23: IndusInd Bank was adjudged as the Best Bank for ESG -India at the Asiamoney Best Bank Award 2022.
• 2023-24: IndusInd Bank was recognized for ‘Open API Banking with Omni channel experience’ at the Finnoviti Awards 2023.
• 2023-24: IndusInd Bank was recognized and awarded by Business World in two significant categories at the “BW Supply Chain Awards 2023. 
• 2023-24: IndusInd Bank was recognized as the Number 1 Financier, for consecutive two financial years.
• 2024-25: IndusInd Bank was recognized for ‘Customer & Program Impact’ at the Annual IBSi Digital Banking Awards 2024.
• 2024-25: IndusInd Bank won an award at Banking Frontiers Finnoviti Awards 2024 for INDIE digital Bank.
• 2024-25: INDIE by IndusInd Bank won The Most Effective 360-degree Marketing Campaign at the e4m Pitch BFSI Marketing Awards. The Bank was also recognized in the Most Effective Marketing for Credit/Debit Cards Category for Platinum RuPay Credit Card.
• 2024-25: INDIE won Silver Award in the BFSI category for INDIE Marketing Campaign and use of martech stack (Mo-Engage) enabling persona-wise personalized communication.

History and Milestones

2013

• IndusInd Bank launches Indus Forex Card
• Suzuki Two-Wheelers and IndusInd Bank tie up for Retail Finance
• IndusInd Bank enhances its core banking system to Finacle 10.2 version
• Best Bank Award Customer Management and Business Intelligence Initiatives among Small Banks 2012-13 by IDRBT

2014

• IndusInd Bank and American Express announce strategic partnership with the launch of the new IndusInd Bank Iconia American Express Card
• IndusInd Bank inaugurates India’s first Digital Branch at Rapid Metro station, Gurgaon
• IndusInd Bank and Jet Airways announce strategic partnership with the launch of the new Jet Airways IndusInd Bank Credit Cards
• IndusInd Bank launches Video Branch
• Awarded Best Mid-size Bank and Fastest Growing Mid-size Bank Business World - PwC Best Bank Survey 2014

2015

• Indusind Bank has inked an agreement with Worldpay to offer domestic acquiring services in India
• Indusind Bank has entered into an agreement to acquire Diamond & Jewellery financing business and related deposit portfolio of Royal Bank of Scotland N.V. in India
  
• Induslnd Bank launched the Chelsea FC Co-Brand Credit Card
• Induslnd Bank launches ''Onthego'' Social banking
• Indusind Bank completes acquisition of Royal Bank of Scotland’s Diamond & Jewellery Financing business in India
• IndusInd has launched customer responsive service called QuickPay, which allows its customers to send money instantly to their personal contacts and/or business parties through SMS, E-mail and social media platforms

2016

• IndusInd Bank partners with PayU India to revolutionize Digital Banking & Payments
• IndusInd Bank signs MoU with Indian army
• IndusInd Bank launches 'IndusInd For Sports'- a non-banking sports vertical
• IndusInd Bank opens IFSC Banking Unit at GIFT City
• Indusind Bank sings 3 year strategic agreement with IBM
• IndusInd Bank Paytm partners with Indusind Bank to offer financing options for booking of two-wheelers

2017

• IndusInd Bank enters into an agreement to acquire IL&FS Ltd’s Securities Services Subsidiary
• IndusInd Bank launches IndusForex.com - one stop portal for all foreign exchange needs
• IndusInd Bank partners with SunTec to roll out GST
• IndusInd Bank partners with one of India’s largest CNG provider for cashless payment solutions
• IndusInd Bank and Bharat Financial Inclusion Announce Merger

2018

• IndusInd Bank partners with Samsung to offer Samsung Pay services to its credit card customers
• IndusInd Bank signs a definitive share purchase agreement to acquire IL&FS Securities Services Ltd, the securities services subsidiary of IL&FS
• IndusInd Bank Limited receives ‘No-objection’ from NSE, BSE for merger of Bharat Financial Inclusion Limited with IndusInd Bank Limited
• IndusInd Bank launches ‘IndusInd Bank Duo Card’ - India’s first two chip debit cum credit card
• IndusInd Bank launches ‘IndusInd Bank Nexxt Credit Card’ - India’s first interactive Credit Card with buttons

2019

• IndusInd Bank launches co-branded credit card with PAYBACK
• IndusInd Bank partners with Government of Maharashtra and NPCI for ‘Mumbai Fintech Accelerator Programme’
• IndusInd Bank inaugurates two branches in Kolkata
• IndusInd Bank forays into Boisar; inaugurates a branch
• IndusInd Bank inaugurates a branch in Sadar Bazar, Delhi
• IndusInd Bank inaugurates a branch in Jewar, Uttar Pradesh
• IndusInd Bank launches the super-premium ‘IndusInd Bank Celesta American Express Credit Card’ with a host of exclusive features
• IndusInd Bank inaugurates a branch in Puducherry; its second in the city
• IndusInd Bank inaugurates a branch in Dehradun; its third in the city

2020

• IndusInd Bank introduces ‘PIONEER’ Banking - its Wealth Management platform
• IndusInd Bank records the ‘highest’ growth in brand value amongst top global banks
• IndusInd Bank deploys Mobile ATM in Ahmedabad
• IndusInd Bank expands its Video Banking platform; Launches ‘Video KYC’ for savings account and credit card customers
• IndusInd Bank launches India’s first mobile app based facility for opening current accounts in a paperless manner
• IndusInd Bank completes integration with CRMNEXT across all customer touch points