IndusInd Bank Contactless Corporate Credit Card

The IndusInd Bank Contactless Corporate Credit Card is crafted specifically for meeting the contemporary needs of businesses. This corporate credit card presents a fresh approach to managing finances, overseeing employee expenditures, and streamlining the reconciliation process. Despite its simplicity, lacking features like reward points or significant privileges, the card compensates with advantages such as travel perks, insurance coverage, and a waiver on fuel surcharges.

Key Highlights of IndusInd Bank Contactless Corporate Credit Card

1. Priority Pass Program Membership Option:

  • Access to the Priority Pass Program available.
  • Membership option provided.

2. Employee Insurance Coverage:

  • Insurance coverage offered for employees.

3. Lost Card Liability Protection:

  • Protection against lost card liability included.

4. 1% Fuel Surcharge Waiver:

  • 1% fuel surcharge waiver applicable.

5. 24X7 Customer Service Support:

  • Round-the-clock customer service assistance available.
  • Support from customer service officials during emergencies.

Features and Benefits of IndusInd Bank Contactless Corporate Credit Card

The IndusInd Bank Contactless Corporate Credit Card offers several features and benefits:

1. Travel Benefits:

  • Enjoy 2 complimentary domestic lounge visits per quarter through the Visa Lounge program, providing amenities such as gourmet meals, comfortable seating, free Wi-Fi, widescreen TVs, and bar services.
  • Corporates have the option to offer their employees a membership to the Priority Pass Program, granting access to over 700 Airport Lounges worldwide.

2. Insurance Benefits:

  • IndusInd Contactless Corporate Credit Card provides comprehensive insurance coverage for counterfeit fraud, protecting against unauthorized use of stolen card details.
  • Lost Card Liability ensures coverage for fraudulent transactions post-reporting the loss of the card to the bank.

3. Fuel Surcharge Waiver:

  • Receive a 1% fuel surcharge waiver for all transactions between Rs. 400 and Rs. 5,000 made with the IndusInd Bank Contactless Corporate Card at fuel stations across India.

4. Other Benefits:

  • Consolidated Payment: Corporates can make a single consolidated payment and allocate it to all employees’ cards. The company is responsible for making one payment to the bank, as indicated on the Corporate consolidated statement.
  • 4th Line Embossing: Customize the card with the company name embossed as per requirements.
  • 24×7 Customer Service: Access round-the-clock customer service for any inquiries or assistance.

IndusInd Bank Contactless Corporate Credit Card Fees and Charges

Explore the fee structure for the IndusInd Bank Contactless Corporate Credit Card and discover the financial advantages that come with it.

  1. Annual Fee: Rs. 999
  2. Interest-free Period: Up to 50 days
  3. Foreign Currency Mark-up: 3.5%
  4. Cash Advance Charges: Not Applicable
  5. Balance Enquiry at other bank ATMs: Rs. 25
  6. Late Payment Charges:
  • Up to Rs.100: Nil
  • Between Rs.101 to Rs.500: Rs.100
  • Between Rs.501 to Rs.1,000: Rs.350
  • Between Rs.1,001 to Rs.10,000: Rs.550
  • Between Rs.10,001 to Rs. 25,000: Rs.800
  • Between Rs.25,001 to Rs.50,000: Rs.1,100
  • Above Rs.50,000: Rs.1,300

Documents Required for IndusInd Bank Contactless Corporate Credit Card

To apply for the IndusInd Bank Contactless Corporate Credit Card, you will typically need to provide the following documents:

  • The issued card is under the company’s name, requiring documentation to verify its identity, address, and income.
  • Required documents may comprise:
  1. Company License
  2. Company Registration Papers
  3. Profit and Loss Statement
  4. Balance Sheet
  5. Bank Statement
  6. Acknowledged Income Tax Return (ITR)
  • Additional documents might be requested by the bank as deemed necessary.

How To Apply for IndusInd Bank Contactless Corporate Credit Card?

Follow these steps to apply for the IndusInd Bank Contactless Corporate Credit Card:

1. Apply for the IndusInd Bank Contactless Corporate Credit Card through online or offline channels for your convenience.
2. Offline Application:

  • Visit the nearest YES Bank branch.
  • Bring all necessary documents.
  • Fill out the physical application form at the branch.

3. Online Application:

  • Contact the bank through Phone Banking at 1860 267 7777 (toll-free) for assistance.
  • Send an email to [email protected] to initiate the online application process.

Frequently Asked Questions (FAQs) –

1. How can I apply for the IndusInd Bank Contactless Corporate Credit Card?

You can apply online or offline. To apply offline, visit your nearest IndusInd Bank branch with required documents and fill out the physical application form. For online application, contact the bank through Phone Banking or email.

2. What documents are required for the offline application process?

Necessary documents include identification proof, address proof, income proof, and any other documents specified by the bank.

3. Can I apply for the card through Phone Banking?

Yes, you can. Call the 24X7 Customer Service officials at the toll-free number 1860 267 7777 for assistance in applying for the card.

4. How do I initiate the online application process via email?

Send an email to [email protected] expressing your interest in applying for the Contactless Corporate Credit Card. The bank will guide you through the online application steps.

5. What are the key features of the IndusInd Bank Contactless Corporate Credit Card?

Features may include contactless payments, reward programs, expense management tools, and customized credit limits for corporate needs. Check with the bank for specific details.

6. How long does it take for the credit card application to be processed?

Processing times can vary. Contact the bank for information on the current processing timelines.

7. Is there an annual fee for the Contactless Corporate Credit Card?

Details about fees, including annual fees, may vary. Check with the bank or refer to the terms and conditions for accurate information.

8. Can I track the status of my Indusind Contactless Corporate Credit Card application online?

The bank may provide an online tracking system for application status. Inquire with the bank about the available options for tracking.

9. What security features are offered with the Indusind Bank Contactless Corporate Card?

Security features may include chip technology, PIN protection, and real-time transaction alerts. Confirm with the bank for a comprehensive understanding of security measures.

10. How can I report a lost or stolen Indusind Bank Contactless Corporate Credit Card?

Immediately contact the IndusInd Bank credit card customer care service through the provided helpline numbers to report the loss or theft and request card blocking.