IndusInd Bank has announced the launch of the Capital Gains Account Scheme (CGAS), effective March 26, 2026. This scheme allows customers to securely park long-term capital gains—arising from the sale of assets like property—until they are reinvested, helping them avail necessary tax exemptions under the Income-tax Act, 1961. The bank will offer both Type A Savings Accounts and Type B Term Deposit Accounts to suit various reinvestment horizons.
IndusInd Bank Introduces Capital Gains Account Scheme
IndusInd Bank announced on March 26, 2026, the introduction of the Capital Gains Account Scheme (CGAS). This facility is designed to provide a secure and compliant mechanism for customers to hold unutilized capital gains funds while they finalize decisions for reinvestment, ensuring compliance with statutory timelines for availing tax exemptions under the Income-tax Act, 1961.
Scheme Acceptance and Eligible Assets
The launch follows authorization received from the Central Board of Direct Taxes (CBDT). Under CGAS, IndusInd Bank will accept deposits of proceeds resulting from the sale of various eligible capital assets. These assets include residential properties, flats, farmhouses, agricultural land, urban land, and land situated in Special Economic Zones (SEZs).
Account Options Available
The Bank is offering two distinct account structures under CGAS to cater to different customer needs:
- Type A – Savings Account: Provides flexible options for deposits and withdrawals, carrying applicable savings interest rates without any minimum balance requirement.
- Type B – Term Deposit Account: Offers fixed-tenure deposits with a minimum deposit threshold of ₹10,000, providing higher returns aligned with specific reinvestment timelines.
The scheme is accessible to eligible customers across authorized non-rural branches, including resident individuals, Hindu Undivided Families (HUFs), non-individual entities, and Non-Resident Indians (NRIs).
About IndusInd Bank
IndusInd Bank has been redefining banking for over 31 years. As of December 31, 2025, the Bank serves approximately 42 million customers through 3,120 branches/banking outlets and 3,063 ATMs, achieving extensive reach across India.
Corporate Ratings Snapshot
IndusInd Bank maintains robust credit ratings reflective of its financial stability:
Domestic Ratings Highlights:
- CARE A1+ for Certificate of Deposits.
- CRISIL A1+ for certificate of deposit program / short term FD programme.
- IND AA+ for Issuer Rating by India Ratings and Research.
International Rating:
- B1 for Senior Unsecured MTN programme by Moody’s Investors Service.
Source: BSE
