IndusInd Bank Limited
A private sector bank's startup banking bundle for companies under 10 years old.
IndusInd Bank Limited at a glance
| Address | Maharashtra, India |
|---|---|
| Programmes | 1 standing programme |
| Official website | www.indusind.bank.in |
Programs IndusInd Bank Limited supports
Programs this organisation funds, run by others. · 1 open now · 0 past
Programmes they run
Standing programmes at IndusInd Bank Limited, separate from the funding calls above.
A startup banking bundle with a current account, waived maintenance charges for three years, and founder services.
Best for: Early-stage startups under 10 years old.
What you get, who can apply and how to applyHide details
Indus StartUp Banking is a banking programme from IndusInd Bank for early-stage startups. It pairs a Startup Current Account with beyond-banking services.
What you get
- Three-year waiver on non-maintenance charges
- Free cheque book, complimentary Platinum Business Debit Card
- Free fund transfers by NEFT, RTGS and IMPS
- Free payment gateway and POS installation
- Banking suite for collections, payments and account services
- PIONEER lounge access in eight cities
Who can apply
- Startups under 10 years of vintage
- LLP, private or public limited company, OPC or registered partnership
- Proof of startup recognition, such as DPIIT recognition or an incubator, accelerator or investor letter
How to apply: apply through the bank's website page, or email startup.banking@indusind.com.
How to apply to IndusInd Bank Limited
Choosing this route
- Check that your company was incorporated within the last 10 years.
- Check that your entity type is one the bank accepts: LLP, private or public limited company, OPC, or registered partnership.
- Have proof of startup recognition ready, such as DPIIT recognition or an incubator, accelerator or investor letter.
How to apply
- Apply through the bank's website page for the Startup Current Account.
- Or email startup.banking@indusind.com.
Fees
- The bank publishes a schedule of charges on the account page. Check it before opening the account.
About IndusInd Bank Limited
IndusInd Bank Limited is a private sector bank headquartered in Mumbai. It runs Indus StartUp Banking, a banking programme for early-stage startups in India, launched in August 2025.
How the programme works
The programme bundles a Startup Current Account with banking and non-banking services for founders. The bank describes it as built for growth from seed to unicorn, covering both banking and non-banking needs of new businesses.
Who can apply
Startups under 10 years of vintage can apply. The entity must be a Limited Liability Partnership, a private or public limited company, a One Person Company or a registered partnership. Founders should hold some proof of startup recognition, such as DPIIT recognition, an incubator or accelerator certificate, venture capital or angel funding, or a recommendation letter from a startup ecosystem partner.
What is included
The account carries a three-year waiver on non-maintenance charges, free cheque book issuance, a complimentary Platinum Business Debit Card, and free fund transfers by NEFT, RTGS and IMPS. Founders also get a Grande savings account offer, access to a suite of APIs for collections, payments and account services, and a free payment gateway and POS installation.
Beyond banking
Beyond the account, the bank offers access to offers on taxation, legal, ERP and HRMS tools, and startups can use PIONEER lounges in eight cities for client and investor meetings.
Who runs it
IndusInd Bank Limited runs the programme. The bank says it has strategic partnerships with AIC STPINEXT, DPIIT Startup India and IIM Lucknow EIC.
Frequently asked questions about IndusInd Bank Limited
What is IndusInd Bank Limited?
IndusInd Bank Limited is a corporate based in Maharashtra.
What does IndusInd Bank Limited do?
IndusInd Bank Limited is a private sector bank headquartered in Mumbai. It runs Indus StartUp Banking, a banking programme for early-stage startups in India, launched in August 2025. The programme bundles a Startup Current Account with banking and non-banking services for founders.
Where is IndusInd Bank Limited located?
IndusInd Bank Limited is based in Maharashtra, India.
What programs does IndusInd Bank Limited run?
IndusInd Bank Limited runs Indus StartUp Banking (Startup Current Account).
How do I apply to IndusInd Bank Limited?
- Check that your company was incorporated within the last 10 years. - Check that your entity type is one the bank accepts: LLP, private or public limited company, OPC, or registered partnership. - Have proof of startup recognition ready, such as DPIIT recognition or an incubator, accelerator or investor letter. - Apply through the bank's website page for the Startup Current Account.
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