Mumbai, September 11, 2026: IndusInd Bank today, announced the launch of an Overdraft (OD) and Cash Credit (CC) linked Corporate Credit Card designed to give businesses greater control over cashflows, improved operational efficiency, and smarter utilization of sanctioned credit limits.
This revolutionary proposition enables the card to operate directly on the customer’s existing OD or CC account – eliminating the need for separate credit limits, billing cycles, or standalone reconciliation. By integrating day-to-day business spends with core working capital lines, the solution enables businesses to manage liquidity more efficiently, while ensuring complete transparency and control over expenses.
Commenting on the launch, Jagdeep Mallareddy, Executive Director IndusInd Bank said: “Businesses today, are looking for smarter, more integrated financial solutions that simplify operations, while offering greater control over cash flows. IndusInd Bank’s OD/CC linked Corporate Credit Card addresses this need by seamlessly extending the utility of sanctioned working capital limits into payments, driving higher operational efficiency for businesses. This launch reflects the Bank’s continued focus on leveraging digital capabilities to deliver innovative solutions that empower businesses and MSMEs to scale with confidence.”
Key features of the card include:
- Direct linkage to OD/CC account – enabling real-time utilization of sanctioned limits • No separate credit limit or billing cycle – simplifying cash flow tracking
- Strong transaction controls – enabling card holders to set/modify daily transaction limits anytime • Centralized expense management – aiding better control and transparency
- Operational efficiency – by reducing manual processes and reconciliation efforts • Flexible usage – for routine business expenses, vendor payments, and operational spends
The OD/CC-linked Corporate Credit Card enables seamless online and offline payments by drawing directly from sanctioned OD or CC limits, delivering greater convenience and stronger financial discipline. The card will be launched on major card networks in India i.e. NPCI – RuPay, Mastercard, Visa and the product platform will be powered by PropelGo Technologies.
The Card is now available to eligible IndusInd Bank business customers nationwide. To know more, visit: https://www.indusind.bank.in/in/en/personal/cards/commercial-cards/odcc-linked-credit-card.html
ABOUT INDUSIND BANK
IndusInd Bank Limited has been redefining banking for the past 32 years and has been a force for progression and innovation, offering an elevated banking experience for its diverse range of stakeholders, including government
entities, PSUs, retail customers, and large corporations. The Bank’s product offerings include microfinance, personal loans, debit/credit cards, SME loans, advanced digital banking facilities, affluent and NRI banking services, vehicle financing, and innovative ESG-linked financial products.
The Bank also caters to the growing Indian diaspora with representative offices in Dubai, and Abu Dhabi. As of June 30, 2026, IndusInd Bank serves around 42 million customers through 3,137 branches/banking outlets and 2,853 ATMs, reaching 1.60 lakh villages across India. IndusInd Bank leverages technology through its ‘Digital 2.0’ strategy, ensuring multi-channel delivery and a robust digital infrastructure. In each of its unique offerings that include ‘INDIE’ – the one-stop-shop for all things digital banking; innovation and customer centricity remain at the core. IndusInd Bank holds clearing bank status for major stock exchanges BSE and NSE, settlement bank status for NCDEX, and is an empanelled banker for MCX.
RATINGS
Domestic Ratings:
- CARE A1+ for Certificate of Deposits
- CRISIL A1+ for certificate of deposit program / short term FD programme
- CRISIL AA+ for Infrastructure Bonds program/Tier 2 Bonds
- IND AA+ for Issuer Rating by India Ratings and Research
- IND AA+ for Senior bonds program/Tier 2 Bonds by India Ratings and Research
International Rating:
- Ba1 for Senior Unsecured MTN programme by Moody’s Investors Service
