StockWatch
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Private Sector Bank
New Launch11 Sept 2026, 01:22 pm

IndusInd Bank Launches OD/CC Linked Corporate Credit Card

AI Summary

IndusInd Bank has launched a new Overdraft (OD) and Cash Credit (CC) linked Corporate Credit Card. This innovative solution allows businesses to directly utilize their existing OD or CC accounts for payments, eliminating the need for separate credit limits and simplifying cash flow management. The card integrates daily business expenses with working capital lines, offering enhanced control, transparency, and operational efficiency. It supports major card networks including RuPay, Mastercard, and Visa, and is powered by PropelGo Technologies. The card is now available nationwide to eligible business customers.

Key Highlights

  • Launches OD/CC linked Corporate Credit Card for businesses.
  • Integrates spending with existing working capital limits.
  • Enhances cash flow control and operational efficiency.
  • Supports RuPay, Mastercard, and Visa networks.
  • Aims to empower MSMEs with scalable financial solutions.