IndusInd Bank Statement – Easy Ways to Download & Access Your Account Statement

Let us suppose Rani accessed her IndusInd Bank statement someday. This is what she discovered:

• Physical Statement: ₹50 fee for a physical copy.
• ATM Withdrawals: She employed 6 ATM withdrawals at another bank. The initial 5 were free, but the 6th one cost her ₹20.
• International Withdrawal: She conducted an international transaction of ₹30,000 and incurred ₹125 as the ATM withdrawal fee.
• Overdraft Charge: OOPS! She overspent her limit and was charged a ₹1,200 overdraft charge.

Isn't it amusing how these charges creep up on you so fast? Keeping a regular check on your statement can warn you ahead of time. With IndusInd's several methods of viewing your statement, you can keep things under control easily!

What is an IndusInd Bank Statement?

An IndusInd Bank statement reflects all transactions (withdrawals, deposits, transfers, and fees) in your account for a given period, typically a month. It allows you to monitor your finances, identify mistakes, and control your budget. The statement contains your account summary, transaction information, and fees. Examples are current account statements, credit card statements, and e-statements, which are electronically sent in PDF format.

How to get an IndusInd Bank Statement?

1. Here’s the step-by-step process on how to download the IndusInd Bank Statement via Net Banking:

1. Visit the official website of IndusInd Bank Net Banking.
2. Click on the ‘Continue to Indusnet’ option in the middle of the page.
3. Enter your User ID and click on the ‘Sign In’ option.
4. Once you are successfully logged in, you will be redirected to the homepage.
5. Click on ‘Accounts’, the 1st option in the navigation bar.
6. Select ‘Savings and Current Accounts’ from the drop-down menu.
7. Click on the ‘Statements’ option under Savings and Current Accounts.
8. You’ll see 3 options: ‘Mini statement’, ‘Download Adhoc Statement’, and ‘Download Monthly Statement’.
9. Select any one option according to your preference.
10. Scroll down a bit and click on the ‘Download as PDF’ option.

2. Here’s the step-by-step process on how to download the IndusInd Bank Statement via the IndusInd Mobile App:

1. Download the ‘IndusMobile: Digital Banking’ app from the Google Play Store or the Apple App Store.
2. Install the application on your device.
3. Open the app and enter your User ID and MPIN to log in.
4. Once logged in, you’ll be redirected to the homepage.
5. Click on the ‘Accounts’ option.
6. Select the specific account for which you want to download the statement.
7. Click on the ‘View Statement’ option.
8. Select the start and end dates for the statement.
9. After selecting the dates, click on the ‘Download’ option to get the statement as a PDF.
10. If you choose ‘Email Statement’, the statement will be sent to your email.

3. Here’s the step-by-step process on how to download the IndusInd Bank Statement via SMS:

Register your mobile number: Make sure the mobile number you're using is registered with your IndusInd Bank account. If it's not registered, you won't be able to get the mini statement via SMS.

2. Launch your SMS application: Open the text message application on your mobile phone registered with your bank account.

3. Type "MINI": In the message body, type the word "MINI" (without quotes).

 Send the message to 9212299955: Once you’ve typed "MINI," send the text to the number 9212299955, which is the dedicated number for receiving the mini statement.

5.  Receive your mini statement: Within moments, you’ll receive an SMS from IndusInd Bank containing the details of your recent transactions. This includes information like deposits, withdrawals, and balances.

This service allows you to check your recent transactions at any time, providing a quick and easy way of keeping you in touch with what's happening in your account.

4. Here’s the step-by-step process on how to download the IndusInd Bank Statement via missed call:

Ensure your mobile number is registered: Make sure the number you're calling from is registered with your IndusInd Bank account.Call the toll-free 

number: Dial 18002741000 using your registered mobile number.

3. 

Disconnect after a few rings: Allow the phone to ring a couple of times, and then hang up.

Get your balance through SMS: An SMS with your account balance will be sent to you soon.

This is a quick and convenient method of knowing your balance at any time without having to log in to your bank account.

Understanding the IndusInd Bank Statement:

An IndusInd Bank savings or current account statement gives you a comprehensive report of all your account activities over a given time, usually one month. It has details of deposits, withdrawals, fees, as well as other account operations, which help you maintain your finances properly. Your statement shall contain the following:

1. Account Information:

• Bank Details: This has the name, address, and contact information of IndusInd Bank.
• Account Information: Your details, like your name, address, and account number.
• Statement Period: The dates from and to which the transactions included in the statement have been made.

2. Statement Summary:

• Opening Balance: Your account balance at the beginning of the statement period.
• Deposits: This indicates all the money that has been credited into your account in the statement period.
• Withdrawals: The aggregate amount of money debited against your account.
• Interest: Any interest earned on your account balance.
• Charges: Any bank charges or fees applied to your account.
• Closing Balance: The final balance at the end of the statement period, once all transactions have been cleared.

3. Transaction Details:

• Date of Transaction: This displays the actual date that every transaction was made.
• Description: A short description of every transaction, e.g., "ATM Withdrawal" or "Online Transfer."
• Amount: The monetary amount of the transaction (either debit or credit).
• Balance After Transaction: Your remaining balance after every transaction.

4. Other Information:

• Mini Statement: Your concise statement indicating recent transactions, which you can obtain through ATMs, SMS, or internet banking.
• E-statements: You may also opt to receive your statement in electronic format via email.
• Online Banking (IndusNet): Access your statements and account through IndusInd's online banking facility.
• Phone Banking: Utilise phone banking facilities to access your balance and last transactions.
• SMS Banking: Access your balance and transaction history through SMS banking.
• Customer Service: IndusInd Bank's customer service can be contacted in case of any query or problem with your statement.

Why Reviewing Your Bank Statement is Important?

• Monitor Expenditures: Periodically reviewing your statement enables you to know your expenditures and areas of possible savings.
• Identify Mistakes: Tracking your statement enables you to identify any mistakes, unauthorised transactions, or fraud at an early stage.
• Budget Planning: Going through your statement enables you to plan your budget and control your finances.
• Keep Records: Maintaining a record of your transactions is crucial in tax filing and other financial considerations.

By checking your bank statement frequently, you are able to have your finances in good condition, be able to look at areas you could improve and avoid any upcoming issues.

What are the Charges on the IndusInd Bank Statement?

Here is the information about the charges on the IndusInd Bank statements in a table format:

Let’s understand it with an example:

Suppose Rani has an account with IndusInd Bank and gets her monthly statement. 

• She gets a ₹50 charge for getting a physical statement one day. 
• She also gets a ₹20 charge for an ATM withdrawal at a different bank after she uses her first five free withdrawals. 
• Rani also paid an international bill of ₹30,000 and got a ₹125 charge for the overseas ATM withdrawal. 

Finally, she realised there is an overdraft of ₹1,200 charge. Watch out for the accumulation of charges.

IndusInd Bank Mini Statement vs Full Statement:

Here is a comparison of the IndusInd Bank Mini Statement and Full Statement in a table format:

Common Issues and Troubleshooting Related to IndusInd Bank Statement:

Here is the detailed explanation of potential issues with IndusInd Bank account statements in a table format:

Conclusion:

It is extremely crucial to check your IndusInd Bank statement periodically to control your finances and stay away from unexpected fees. Understanding how to download your IndusInd Bank statement through net banking, mobile banking, or SMS is crucial for managing your finances. Additionally, being aware of the fees for ATM withdrawals, overdrafts, and foreign currency transactions can help you avoid unexpected charges and trouble. 

Verifying your statement regularly allows you to catch discrepancies, unauthorised transactions, or errors before they get out of control. And you can remain in charge of your finances and budget and financial objectives. Whether you would like to utilise the mini statement for instant cheques or the full statement for detailed information, IndusInd makes it easy to manage finances. So don't be surprised by a bill – remain up to date and in charge!

FAQs related to IndusInd Bank Statement:

Q1: How can I contact IndusInd customer care?

You can easily reach IndusInd Bank customer care 24/7 through Phone Banking at 1860 500 5004 or +91 22 4406 6666. Alternatively, you can also email us at reachus@indusind.com for assistance.

Q2: How can I check my bank statement?

You can check your complete bank statement and account details, such as account number, IFSC code, and customer ID, through your bank’s mobile app, internet banking portal, or physical passbook.

Q3: How do banks verify bank statements?

Banks usually ask borrowers for their two most recent bank statements. The bank or mortgage company then contacts the borrower’s bank to verify the provided information for accuracy.
 

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