IndusInd Bank Share Price in Focus; Introduces Overdraft and Cash Credit Linked Corporate Credit Card for Businesses

IndusInd Bank has launched a corporate credit card linked to customers’ existing Overdraft (OD) and Cash Credit (CC) accounts, as per an exchange filing dated September 11, 2026.  

The product is available to eligible business customers across India. The card uses the sanctioned OD or CC limit for payments, meaning businesses do not need a separate credit limit for card transactions.  

The bank said this also removes the need for a separate billing cycle and standalone reconciliation. 

Business Payments Through Working Capital Accounts 

The card can be used for online and offline payments, including routine business expenses, vendor payments, and other operational spending. Transactions are settled directly against the sanctioned OD or CC facility. 

The arrangement links day-to-day card spending with existing working capital facilities. The bank said this is intended to make cash-flow tracking and expense management simpler while reducing manual reconciliation work. 

Daily Transaction Limits Can Be Changed 

The card comes with controls for managing business spending. Cardholders can set or modify daily transaction limits as required. 

It also provides centralised expense management, allowing businesses to track spending through a single facility. The card supports real-time use of the sanctioned OD or CC limits. 

RuPay, Mastercard and Visa Networks 

The card will be offered through the major card networks in India — NPCI’s RuPay, Mastercard and Visa. PropelGo Technologies is providing the product platform. 

IndusInd Bank announced the launch on September 11, 2026. The bank said the product is aimed at combining payments with existing working capital arrangements rather than maintaining separate credit facilities for card usage. 

IndusInd Bank’s Customer Base 

As of June 30, 2026, IndusInd Bank had around 42 million customers. Its network comprised 3,137 branches and banking outlets and 2,853 ATMs, with coverage extending to 1.60 lakh villages across India. 

Read More: Adani Ports Share Price in Focus; Receives SEBI Settlement Order Concerning Former Executives! 

IndusInd Bank Share Price Performance  

As of September 11, 2026, 3:30 pm, IndusInd Bank share price closed at ₹978.20, a 1.52% decrease from the previous closing price. 

Conclusion 

The OD/CC-linked card brings business payments within existing sanctioned working capital limits. It also includes transaction controls and centralised expense management for eligible customers. 

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