IndusInd Bank Launches Overdraft and Cash Credit Linked Corporate Credit Card for Businesses
A pioneering solution enabling seamless spending, tighter control, and smarter utilization of working capital
City Air News
Sep 11, 2026 04:44
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Mumbai, September 11, 2026: 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.”
