IndusInd eSvarna Corporate Credit Card launched: Benefits, fees & how to apply

IndusInd Bank eSvarna Corporate Credit Card is launched and it is said to be India’s first RuPay corporate credit card. The IndusInd Bank Corporate Credit Card is built on the RuPay network and comes with several exclusive perks & rewards from luxurious travel experience, UPI functionality, lounge access to more. In this article, we will be sharing complete details of the new IndusInd RuPay Corporate Credit Card perks and benefits to corporates as well as employees. Also, find steps on how you can apply for the IndusInd Bank Corporate Credit Card online.

IndusInd Bank launched its eSvarna Corporate Credit Card on December 28th, 2023 through a press release.

Speaking on the announcement, Mr. Soumitra Sen, Head – Consumer Banking and Marketing, IndusInd Bank, said, "At IndusInd Bank, we always believe in being one step ahead for offering service that exceeds the customers’ expectations. The introduction of India's first 'Corporate Credit Card' on the RuPay network is a testament to our constant endeavour in elevating customer experience.”

Some days back, Axis Bank also launched its Axis Privilege Credit Card with American Express and it offers some good benefits too. Check it out here:

The IndusInd Bank brings a number of benefits for employees from complimentary lounge access, fuel surcharge waiver and insurance coverage. Here is the complete list of IndusInd eSvarna Corporate Credit Card benefits & perks for employees or cardholders:

• Complimentary 8 domestic & 2 international lounge visits per year.

• A fuel surcharge waiver of 1% at all fuel stations on transactions between Rs. 400 to Rs. 4000.

• Insurance Coverage in case of counterfeit fraud of up to INR 15 lacs, lost card liability & travel insurance

• Link your IndusInd Bank Rupay Corporate Credit Card to UPI

Get complete details here: IndusInd Bank Corporate Credit Card Benefits (Official)

You might also want to check out our article on best Lifetime-Free credit cards in India with lounge access:

While employees who frequently travel for business purposes might find the IndusInd Bank corporate credit card useful, there are some perks for the corporates.

• Designated Relationship Manager

• Easily download Individual as well as Consolidated e-statements

• 4th Line Embossing (company name & employee identity gets printed on the card)

• Dedicated customer service

• Interest Charge: Not Applicable

• Interest-Free Period: Corporate Card - Up to 50 Days

• Purchasing Card: Up to 45 Days

• Late Payment Charges: Up to 3% of Total Outstanding

• Cash Advance Charges: 3.35% If Applicable

• Overlimit Fee: 2.5% or a minimum of ₹500

• Cheque return charges: ₹250

• Outstation cheque fee: ₹250

• Reissue of duplicate statement: ₹100 per statement (Beyond 3 months)

• Fee on DCC: 1%

• Balance Enquiry at Non-IndusInd Bank ATM: Rs.25

• Foreign Currency Mark: Up 3.5% (GST applicable at the current rate, as notified by the

• Ministry of Finance, Government of India)

• Railway Booking Surcharge As Applicable

• Fuel Surcharge: Waiver 1% (subject to Min Rs.10) (waived for transactions between Rs.400 – Rs.4,000, Service Tax on fuel surcharge as per standard rate shall be applicable and borne by the customer)

• Cash Payment At Branch: Rs.100

• GST: 18% (applicable on all fees, interest and other charges)

• Charge-slip Request: Rs.300

• Usage charge at Priority Pass lounges: Up to US$27 per person per visit

• Processing Fee: Upto 1% of the Sanctioned limit

Read the official IndusInd Bank Corporate Credit Card fees & charges PDF

To apply for the IndusInd Bank eSvarna Corporate Credit Card, all you need to do is reach out to the IndusInd Bank official email ID and customer care number. Find the complete details on how to apply for the IndusInd Bank Corporate Credit Card.

Do consider checking out our IndusInd Bank Offers page to grab some latest deals & make some savings

While December is coming to an end soon, you might still want to read our article on the list of bank FD rates that have been recently revised in December 2023