DBT Bureau
Pune, 12 Sep 2026
IndusInd Bank announced the launch of an Overdraft (OD) and Cash Credit (CC)-linked Corporate Credit Card designed to give businesses greater control over cash flows, improve operational efficiency and enable smarter utilisation of sanctioned credit limits.
The proposition enables the card to operate directly through 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 spending with core working capital lines, the solution enables businesses to manage liquidity more efficiently while ensuring greater 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 utilisation of sanctioned limits
- No separate credit limit or billing cycle – simplifying cash flow tracking
- Strong transaction controls – enabling cardholders to set or modify daily transaction limits at any time
- Centralised expense management – aiding better control and transparency
- Operational efficiency – reducing manual processes and reconciliation efforts
- Flexible usage – supporting routine business expenses, vendor payments and operational spending
The OD/CC-linked Corporate Credit Card enables seamless online and offline payments by drawing directly from sanctioned OD or CC limits, providing greater convenience and stronger financial discipline.
The card will be launched on major card networks in India, including NPCI–RuPay, Mastercard and Visa. The product platform will be powered by PropelGo Technologies.
