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Indusind bank Exclusive/Select savings account

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Trailblazer
valkarie
Hi dimers

I wanted to open IndusInd bank exclusive/select savings account. I want to avail 20% bigbasket offer with this debit card. Someone has said me opening an exclusive account will fetch  me a card which gives 20% discount.
But seems like opening an exclusive account is not feasible because it demands hefty deposit amount ( around 2 lakh).

Is there any alternate way to open this savings account without depositing such  huge amount.

P.s. I want to open this account for the sake of bigbasket offer only, other than that I don't have any other need with this account.

Thanks in advance.

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47 Comments  |  
16 Dimers
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Post Mogul Post Mogul
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open indus select account online with 50k initial deposit but for select mab is 50k .
 While opening online it doesn’t give exclusive option only select account shows as of now

Cool Cool
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Does it require E-kyc or kyc with Aadhaar OTP is enough to open this account?

Deal Cadet Deal Cadet
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Get IndusInd Pinnacle credit card. It comes LTF. 

And then you can open Exclusive bank account with 0 MAB

Trailblazer Trailblazer
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How long will it take to open an exclusive account after i receive this pinnacle card? Suppose if I recieve this pinnacle card next week then can I apply for exclusive account next week itself.

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Blogger Blogger
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Pinnacle credit card will give us 0 bal Exclusive account and Legend card will give us 0 bal Select account.

In both these case, while opening the account we have to deposit the required amount, but it can be withdrawn once the credit card is successfully linked to the savings account.

Trailblazer Trailblazer
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Thanks for the info. Now iam little confused!

1.Which card should I apply now Legend or pinnacle, which one is better?

2.Also in terms of offers which savings  account is better? exclusive or select.

3.How can I know the exact deposit amount for opening these accounts(exclusive/select), didn't found anything written on the indusind site about this
4. What is the salary criteria for pinnacle and legend?

@gautam2usa226
@Scorpion

please help me out with these queries.   

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Deal Cadet Deal Cadet
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Apply indusind legend card which is LTF, once approved then open select account with funding 50k. You have to link legend card to the select account then account will become 0 bal account

Trailblazer Trailblazer
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Select account also gives the 20% bigbasket offer or only exclusive account gives it.

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Talk-Of-The-Town Talk-Of-The-Town
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7 days before I applied for indusind bank savings account through online by depositing 50k. While appling it's a zero balance account and No debit card fee... Today received card it's showing MAB of 50k/quater to be maintained...

Can anyone suggest me what to do now???

Talk-Of-The-Town Talk-Of-The-Town
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IMG20240207125537
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Savings Mentor Savings Mentor
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My BigBasket offer goes waste every month. You can use my Exclusive account debit cards. Of course on first cum first serve basis so anyone else already uses Visa, you can use 2nd Mastercard. If both cards used, then sorry. DM for details

Blogger Blogger
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Do u hold both Visa and Mastercard variant debit cards for single account??

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Trailblazer Trailblazer
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Any site or platform offering legend/Pinnacle as LTF? Please do share @anon2 @gautam2usa226 @Scorpion

Deal Cadet Deal Cadet
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We can get legend LTF by applying directly from the official website.

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Deal Lieutenant Deal Lieutenant
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1000072764

Getting this error.

I had a Paytm FD with my secondary number .

Any help please.

If we can do it online without visiting branch

Deal Lieutenant Deal Lieutenant
Link Copied

Me too getting same error. Any solution?

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Benevolent Benevolent
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Guys my 50k got stuck. I was opening the account online but on the last step to fund account I paid the amount via UPI but instead I got the error below.

Now even if resume the application it still asks me to fund the account. Anyone have faced this??

Screenshot20240619-205551

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