How to easily open a savings account online with INDIE

It's your payday and you have just received your salary. With a single tap on your phone, you pay your bills, shop for groceries, book a restaurant for the weekend, and even invest in a mutual fund. All these actions take place in moments through the power of a savings account. But the benefits don't stop there. You can also earn attractive interest on your balance, convert surplus funds into fixed deposits, get rewards, and even set up auto debit for payments, all the while enjoying 24/7 liquidity.

But visiting a bank to open an account isn't everyone's first choice. And rightly so. Why would you go to a bank branch when you can achieve the same goal from your home? INDIE by IndusInd Bank brings this convenience to your fingertips. This digital banking app offers the simplicity and efficiency you need in your life. Let's find out how INDIE helps you open a savings account quickly with no hassle and transforms how you handle your finances with its valuable features.

Steps to open a savings account online with INDIE instantly

To open an online savings account with INDIE, the first step is to download the INDIE app from the App Store or Google Play Store. After that, you need to:

• Open your INDIE app and enter your mobile number for OTP verification
• Now, setup MPIN to safeguard your account details
• Enter PAN and Aadhar details for verification
• Once your Aadhar is verified, enter your details
• Complete your VKYC and fund your INDIE account to finish account setup

So, this is how the INDIE digital banking app helps you open a savings account online quickly from anywhere.

Multiple benefits of the INDIE digital banking app

INDIE offers a list of exclusive benefits to enhance your banking experience. These include:

• Customise your savings: Open an INDIE fixed deposit anytime by making a minimum deposit of ₹1,000 and enjoy flexible pay-out options.
  
  
• Better interest rates: Earn up to 6.75% per annum on your INDIE savings account and up to 7.50% per annum on Fixed Deposits.
  
  
• Leverage a line of credit: With INDIE, you can activate a line of credit up to ₹5 lakh and borrow money in multiple drawdowns. The best part? You have to pay interest only on the amount withdrawn.
  
  
• Investment options: Get low broking charges while trading on stocks, IPOs, F&Os and more  in partnership with Paytm Money.
  
  
• Manage money easily: With MoneyMate, track and manage expenses, set monthly budgets, and get alerts on overspending.
  
  
• High security: Avail a numberless card, one-time use virtual cards, dynamic PINs, and super OTP for enhanced security.
  
  
• Rewards: Earn INDIE Gems for various purchases with the freedom to pick different reward brands each month. 1 INDIE Gem = Rs. 1

Besides offering a 100% paperless and instant way to open a savings account online, INDIE provides a lot more benefits to simplify and personalise your banking experience.

The INDIE revolution in banking | Key takeaways

Now that you know how to open a savings account online with INDIE, you are ready to make the most of its benefits. A savings account plays an important role in managing your finances. It offers a safe place to make deposits, earn interest, build emergency funds, cover daily expenses, save for future plans, and more. INDIE by IndusInd Bank helps you streamline this prudent aspect of your life with its user-friendly digital platform and valuable features. So, enjoy the simplicity and security it brings to your finances and handle your savings even more efficiently.