IndusInd Bank Forex Card

The IndusInd Bank Forex Card is a simplified payment solution for frequent flyers. It is a tool that helps you manage payments in foreign currencies without any hitches. With IndusForex, you can get a forex card that you can use to transact in foreign currency abroad.

 

This card protects you from foreign exchange rate fluctuations and is available in 14 different currencies. Read on to know more about how you can get an IndusInd Bank Forex Card and all the other details you need to know about it.

Features of IndusInd Bank Forex Card

The following are some of the features and benefits that you get to enjoy with the IndusInd Bank Forex Card

Available in 14 Currencies

The IndusInd Bank Forex Card allows you to transact in fourteen currencies - Euro (EUR), Great Britain Pound (GBP), United States Dollar (USD), Canadian Dollar (CAD), Australian Dollar (AUD), New Zealand Dollar (NZD), Hong Kong Dollar (HKD), Singapore Dollar (SGD), Saudi Riyal (SAR), Arab Emirates Dirham (AED), Japanese Yen (JPY), Swiss Franc (CHF), Thai Bhat (THB), South African Rand (ZAR).  

Accepted Worldwide

<p>This forex card is accepted worldwide, allowing you to book hotels, flight tickets, etc., for any travel destination. It does not charge any extra fees for these international bookings and payments. Additionally, you can enjoy duty-free shopping at domestic airports with zero point-of-sale charges.&nbsp;</p> <p>&nbsp;</p>

Secured Payments

For every payment that you make using your IndusInd Bank Forex Card, you receive an instant transaction alert to your registered contact. This feature makes it safe, and payments are secured.

Account Statement Tracking

With IndusInd Bank Forex Card, you can also get to track your spending and balance in real time from their website. It allows you to manage your budget easily.

Easy Purchase and Loading

Thanks to the IndusInd Forex portal, you can instantly apply for and load/reload your forex card. You can reload your card by filling in the required details on the portal, which takes not more than a few minutes.

Insurance Covers with IndusInd Bank Forex Card

Along with your IndusInd Bank Forex Card, you’re provided with the following insurance covers for free of cost: 

Coverage

Sum Insured

Fraudulent Charges (Lost / Skimmed / Stolen / Cloned) 

₹2 Lakhs

Purchase Protection

₹1 Lakhs

Air Accident 

₹10 Lakhs 

Loss of Baggage (checked-in) 

₹50,000 

Loss of Passport 

₹20,000 

ATM Assault 

₹50,000 

Disclaimer: The above-mentioned rates are subject to change at the Forex card issuer’s discretion. 



Fees and Charges Applicable to the IndusInd Bank Forex Card

The following table presents IndusInd Bank Forex Card charges and other associated fees:

Particulars

Applicable Fees and Charges

Issuance Fee

₹300

Reload Fee

₹100

Re-issuance of Card Fee

₹100

Encashment Charges

₹100

Inactivity Fee

US$3 every quarter after remaining inactive for 18 months

Eligibility Criteria for an IndusInd Bank Forex Card

To be eligible to apply for an IndusInd Bank Forex Card, you need to fulfil any one of the following requirements:

  • You must be a citizen of India planning to travel abroad

  • You must be a parent of a student planning to travel abroad

  • Expatriate residing in India

Documents Required for an IndusInd Bank Forex Card

When applying for the IndusInd Bank Forex Card, you will be required to submit the following documents:

  • A copy of the first and last page of your passport

  • PAN card or Form 60

  • Travel-related documents

Rewards Program on IndusInd Bank Forex Card

IndusInd Bank Forex Card provides VISA offers in multiple countries. Please visit the IndusInd Bank's home page for latest offers. One of the best parts of using an IndusInd Forex Card is that you do not have to pay any additional charges for POS transactions if done in the loaded currency. You will also save on currency conversion charges as compared to a credit or debit card. 

So, if you want to make your international travel simplified, you can apply for this card.

Terms and Conditions

To learn more about the terms & conditions, click below:

 

IndusForex T&C

IndusInd Bank T&C

Disclaimer

“The Forex Services are provided by IndusInd Bank which is an RBI licensed bank. The content on this site has been provided for general information the information as provided does not constitute an invitation to invest or buy. 

 The information and materials contained herein are subject to change. If the said content contains any mistakes, omissions, inaccuracies and typographical errors, etc. Bajaj Finserv Direct Limited assumes no responsibility thereof. Those who would like to have additional information may contact the IndusInd Bank. The information and materials contained herein, are provided "as is," and "as available”. The forex services will be carried out on platform of IndusInd Bank and Bajaj Finserv Direct Limited has no role in it and assumes no responsibility for same”.

 

Bajaj Finserv Direct Limited is only acting as lead referral of IndusInd Bank for Forex services as is being provided by IndusInd Bank.

Read More

FAQs About the IndusInd Bank Forex Card

Do I need an IndusInd Bank account in order to apply for the IndusInd Bank Forex Card?

No, you can apply for an IndusInd Bank Forex Card even if you do not have an account with IndusInd Bank. All you have to do is log in to the IndusForex portal and apply

Can I use my IndusInd Bank Forex Card in India?

No, you cannot use your IndusInd Bank Forex Card in India, Nepal and Bhutan.

Where can I use my IndusInd Bank Forex Card?

You can use your Forex card to withdraw money at international ATMs. Other than that, you can also swipe it at POS machines to purchase anything from merchant outlets. Lastly, it also allows you to make online transactions for your international purchases.

Can I start using my card once I receive my card kit?

No, you will need to wait for 24 hours in order to get your card activated. You will receive an activation alert via an SMS on your registered mobile phone when your card is activated. You can start using your card after receiving this SMS.

Apply for a Forex Card Online Today | 14 Currency Options | Enjoy Zero Currency Conversion Charges Apply Now
Home
active_tab
Loan Offer
active_tab
Download App
active_tab
Credit Score
active_tab