IndusInd Bank has launched an Overdraft (OD) and Cash Credit (CC) linked Corporate Credit Card, designed to give businesses greater control over cash flows, improved operational efficiency, and smarter utilization of their sanctioned credit limits.
The card operates directly on a customer’s existing OD or CC account, eliminating the need for a separate credit limit, billing cycle, or standalone reconciliation process. By integrating everyday business spending with core working capital lines, the solution allows businesses to manage liquidity more efficiently while maintaining full transparency and control over expenses.
Commenting on the launch, Jagdeep Mallareddy, Executive Director at IndusInd Bank, said businesses today are looking for smarter, more integrated financial solutions that simplify operations while offering greater control over cash flows, and that the new card addresses this by extending the utility of sanctioned working capital limits directly into payments. He added that the launch reflects the Bank’s continued focus on leveraging digital capabilities to deliver innovative solutions that help businesses and MSMEs scale with confidence.
The card offers direct linkage to a business’s OD or CC account for real-time utilization of sanctioned limits, removes the need for a separate credit limit or billing cycle, and gives cardholders the ability to set or modify daily transaction limits at any time. It also enables centralized expense management for better oversight and transparency, reduces manual processes and reconciliation efforts, and supports flexible use across routine business expenses, vendor payments, and operational spends.
The card enables seamless online and offline payments by drawing directly from sanctioned OD or CC limits and will be available on major card networks in India, including NPCI’s RuPay, Mastercard, and Visa, with the product platform powered by PropelGo Technologies. It is now available to eligible IndusInd Bank business customers nationwide.
IndusInd Bank has been redefining banking for over three decades, serving a diverse base of stakeholders including government entities, PSUs, retail customers, and large corporations, with product offerings spanning microfinance, personal loans, debit and credit cards, SME loans, digital banking, NRI services, vehicle financing, and ESG-linked financial products.
As of June 30, 2026, the Bank served around 42 million customers through 3,137 branches and banking outlets and 2,853 ATMs, reaching 1.60 lakh villages across India, supported by its ‘Digital 2.0’ strategy and offerings like INDIE, its digital banking platform.
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