If you are considering applying for an IndusInd Bank credit card or already have one, this article will prove to be very useful for you. IndusInd Bank credit cards, whether physical or virtual, are quite popular in our country. These credit cards are extremely useful as they not only offer a line of credit but also provide rewards for various spending. While having a credit card is essential, it is important to know all about its fees, features, and disadvantages. IndusInd Bank provides many credit cards in association with Visa, Mastercard, Amex, and the National Payments Corporation of India (NPCI). In this article, we will discuss all about the issuance and conduct policy of IndusInd Bank credit cards.

IndusInd Bank Credit Cards Issuance and Conduct Policy

List of IndusInd Bank Consumer Credit Cards

Here are some of the top IndusInd Bank credit cards and the card networks they are issued on.

Cards Platform
Super Premium Cards
Indulge Visa
Crest Mastercard
Celesta American Express
Pioneer Legacy Visa and Mastercard
Pioneer Heritage Metal Visa and Mastercard
Solitaire Mastercard
Premium Cards
Pinnacle Mastercard
Iconia Visa and Iconia
Mass Affluent Cards
Legend Visa and Mastercard
NEXXT Visa and Mastercard
Mass Cards
Aura Edge Visa and Mastercard
Platinum Visa, RuPay, and Mastercard
Duo Visa
Samman Credit Card RuPay
E-Pay Amex
Co-Branded IndusInd Credit Cards
EazyDiner Signature Visa
EazyDiner Platinum Visa
Club Vistara Explorer Visa
IndusInd Bank Avios Visa
Poonawalla IndusInd Bank eLITE RuPay
IndusInd Bank Tiger Visa
InterMiles Odyssey and Voyage Amex and Visa

General Eligibility for IndusInd Bank Credit Cards

IndusInd Bank credit card applications are approved if they meet the credit evaluation guidelines and the terms and conditions set by the bank’s policies. If an application fails to meet one or more credit criteria, the customer is communicated about the same. Below are some of the most basic criteria one must fulfill to be eligible for an IndusInd Bank credit card.

  • Minimum: 18 years Maximum age: 70 years for IndusInd Bank credit cards.
  • The residential PIN codes should be within the bank’s list of approved locations.
  • If applying for a Secured card, it is acceptable to be located in a non-serviceable area as long as the bank has a retail branch nearby.
  • To be eligible for an IndusInd credit card, one must have a minimum monthly income of at least Rs. 20,000. Additionally, acceptable credit behavior and scores, as per the bank’s internal policies, will be considered.

IndusInd Bank Credit Limit Increase (CLI)

Review of Credit Limit: IndusInd Bank regularly checks your credit limit based on how you use and repay your credit, any late payments, your credit history, and other factors.

Increasing Credit Limit: Those who want a higher credit limit can submit their income documents to request one. If approved, your limit will be increased with your consent.

Staying Within Limits: According to RBI rules, the bank must ensure that any credit limit increase or enhancement should be done with the explicit permission of the cardholder.

Decreasing Credit Limit: The bank can also lower the credit limit based on your repayment behavior. This decrease can be either permanent or temporary.

Cardholders can lower their credit limit by requesting IndusInd Bank to process the request accordingly.

How Can You Pay Your IndusInd Bank Credit Cards Bill?

Those who wish to clear their outstanding IndusInd Bank credit card balance can do so with one of these channels.

  • Netbanking
  • IndusMobile
  • Phone Banking/IndusInd Cheque
  • INDIE App
  • Direct Debit/ECS/NACH
  • PayU/Paytm/CRED
  • PhonePe
  • Ethera
  • BBPS
  • Cheque/Cash Deposited at Branches

Credit Card Closure

Here are some scenarios that might lead to the closure of the credit card account.

Voluntary Closure: Those with IndusInd Bank credit cards can be required to close their credit accounts via various official channels, like reaching out to customer care. The bank will acknowledge your request and try to retain you as a customer. If no solution is reached, the card will be closed within 7 working days as long as the outstanding balances are paid. If not, the bank will compensate you according to RBI guidelines.

Bank-Initiated Closure: If you violate any terms and conditions, the bank can close your credit card. They will inform you about the closure, and you must pay any remaining balance.

Inactivity-Based Closure: If you don’t use your card for a long time, the bank might close it after trying to provide you offers so that you use it again. They will inform you before closing the card.

If there is any remaining balance in your closed credit card account, the bank will transfer it to your linked savings account or request your bank account details to refund the balance. All About IndusInd Bank Credit Cards Issuance and Conduct Policy 2024

Bottom Line

While some aspects of the IndusInd Bank credit card conduct have been covered in this article, more details can be found in the official document. It is best suggested to go through it if you have any concerns regarding your own IndusInd Bank credit cards, or if you plan to apply for one, then it is a good idea. If you have any questions regarding IndusInd Bank credit cards feel free to ask in the comments below.

Write A Comment