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IndusInd Bank launches two digital banking units

23 Aug 2022 Evaluate

IndusInd Bank has launched two Digital Banking Units (DBUs) at Jalandhar (Punjab), and Chengalpattu (Tamil Nadu) to commemorate the 75th Year of India's Independence. This announcement is in line with the recent Digital Banking Unit advisory, to accelerate and widen the reach of digital banking services in the country.

The DBUs will offer a gamut of Digital, Do It Yourself (DIY) journeys. This includes the instant opening of Savings & Current Accounts, Term Deposits, instant processing of Personal and Business loans, KYC updates, DIY Credit Card journeys, internet banking, and account statement generation.

Customers will also be able to deposit and withdraw cash through a Cash Recycler. To assist the customers in their DIY journeys, banking experts will be available during standard banking hours. These experts will also guide, support, and educate the customers. Certain services like cash withdrawal/ deposit and internet banking will also be available 24x7 for the convenience of customers.

IndusInd Bank is one of the fastest-growing banks in the banking sector in India.

Peers
Company Name CMP
HDFC Bank 708.00
ICICI Bank 1379.15
Axis Bank 1247.50
Kotak Mahindra Bank 418.70
Indusind Bank 977.80
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