IndusInd Bank Launches OD/CC‑Linked Corporate Credit Card to Simplify Cashflows and Boost Business Efficiency

A pioneering solution enabling seamless spending, tighter control, and smarter utilization of working capital

Chandigarh : IndusInd Bank today, announced the launch of an Overdraft (OD) and Cash Credit (CC) linked Corporate Credit Card designed to give businesses greater control over cashflows, improved operational efficiency, and smarter utilization of sanctioned credit limits.

This revolutionary proposition enables the card to operate directly on the customer’s existing OD or CC account - eliminating the need for separate credit limits, billing cycles, or standalone reconciliation. By integrating day‑to‑day business spends with core working capital lines, the solution enables businesses to manage liquidity more efficiently, while ensuring complete transparency and control over expenses.

Commenting on the launch, Jagdeep Mallareddy, Executive Director IndusInd Bank said: “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. This launch reflects the Bank’s continued focus on leveraging digital capabilities to deliver innovative solutions that empower businesses and MSMEs to scale with confidence.”

Key features of the card include:

• Direct linkage to OD/CC account - enabling real‑time utilization of sanctioned limits
• No separate credit limit or billing cycle - simplifying cash flow tracking
• Strong transaction controls - enabling card holders to set/modify daily transaction limits anytime
• Centralized expense management - aiding better control and transparency
• Operational efficiency - by reducing manual processes and reconciliation efforts
• Flexible usage - for routine business expenses, vendor payments, and operational spends

The OD/CC‑linked Corporate Credit Card enables seamless online and offline payments by drawing directly from sanctioned OD or CC limits, delivering greater convenience and stronger financial discipline. The card will be launched on major card networks in India i.e. NPCI – RuPay, Mastercard, Visa and the product platform will be powered by PropelGo Technologies.