IndusInd Bank has launched an Overdraft (OD) and Cash Credit (CC) linked Corporate Credit Card. This new product aims to provide businesses with enhanced control over cash flows, improved operational efficiency, and smarter utilization of working capital. The card directly links to existing OD or CC accounts, simplifying management and offering greater transparency.
IndusInd Bank Introduces Innovative Corporate Credit Card
IndusInd Bank announced today, September 11, 2026, the launch of a pioneering Overdraft (OD) and Cash Credit (CC) linked Corporate Credit Card. This innovative financial instrument is designed to empower businesses by offering them greater control over their cash flows, boosting operational efficiency, and enabling smarter utilization of their sanctioned credit limits.
Key Features and Benefits
The OD/CC linked Corporate Credit Card offers a unique proposition by operating directly on the customer’s existing OD or CC account. This eliminates the need for separate credit limits or complex reconciliation processes. Key features highlighted include:
- Direct linkage to OD/CC accounts for real-time utilization of sanctioned limits.
- No separate credit limit or billing cycle, simplifying cash flow tracking.
- Strong transaction controls, allowing cardholders to set and modify daily limits.
- Centralized expense management for improved control and transparency.
- Operational efficiency by reducing manual processes.
- Flexible usage for various business expenses, including vendor payments.
Enhanced Financial Management for Businesses
The card facilitates seamless online and offline payments by drawing directly from sanctioned OD or CC limits, thereby enhancing convenience and financial discipline for businesses. This new product will be available on major card networks in India, including NPCI RuPay, Mastercard, and Visa, and will be powered by PropelGo Technologies.
Jagdeep Mallareddy, Executive Director at IndusInd Bank, commented, “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.”
The card is now available to eligible IndusInd Bank business customers nationwide. Further details can be found on the bank’s website.
About IndusInd Bank
IndusInd Bank Limited has been a key player in the Indian banking sector for over 32 years, driving progression and innovation. The bank offers a wide range of products and services, including microfinance, personal loans, debit/credit cards, SME loans, and advanced digital banking facilities, catering to diverse customer segments.
Source: BSE
