The IndusInd Bank Forex Card is a simplified payment solution for frequent flyers. It is a tool that helps you manage payments in foreign currencies without any hitches. With IndusForex, you can get a forex card that you can use to transact in foreign currency abroad.
This card protects you from foreign exchange rate fluctuations and is available in 14 different currencies. Read on to know more about how you can get an IndusInd Bank Forex Card and all the other details you need to know about it.
The following are some of the features and benefits that you get to enjoy with the IndusInd Bank Forex Card
This forex card is accepted worldwide, allowing you to book hotels, flight tickets, etc., for any travel destination. It does not charge any extra fees for these international bookings and payments. Additionally, you can enjoy duty-free shopping at domestic airports with zero point-of-sale charges.
Along with your IndusInd Bank Forex Card, you’re provided with the following insurance covers for free of cost:
Coverage |
Sum Insured |
Fraudulent Charges (Lost / Skimmed / Stolen / Cloned) |
₹2 Lakhs |
Purchase Protection |
₹1 Lakhs |
Air Accident |
₹10 Lakhs |
Loss of Baggage (checked-in) |
₹50,000 |
Loss of Passport |
₹20,000 |
ATM Assault |
₹50,000 |
Disclaimer: The above-mentioned rates are subject to change at the Forex card issuer’s discretion.
The following table presents IndusInd Bank Forex Card charges and other associated fees:
Particulars |
Applicable Fees and Charges |
Issuance Fee |
₹300 |
Reload Fee |
₹100 |
Re-issuance of Card Fee |
₹100 |
Encashment Charges |
₹100 |
Inactivity Fee |
US$3 every quarter after remaining inactive for 18 months |
To be eligible to apply for an IndusInd Bank Forex Card, you need to fulfil any one of the following requirements:
You must be a citizen of India planning to travel abroad
You must be a parent of a student planning to travel abroad
Expatriate residing in India
When applying for the IndusInd Bank Forex Card, you will be required to submit the following documents:
A copy of the first and last page of your passport
PAN card or Form 60
Travel-related documents
IndusInd Bank Forex Card provides VISA offers in multiple countries. Please visit the IndusInd Bank's home page for latest offers. One of the best parts of using an IndusInd Forex Card is that you do not have to pay any additional charges for POS transactions if done in the loaded currency. You will also save on currency conversion charges as compared to a credit or debit card.
So, if you want to make your international travel simplified, you can apply for this card.
No, you can apply for an IndusInd Bank Forex Card even if you do not have an account with IndusInd Bank. All you have to do is log in to the IndusForex portal and apply
No, you cannot use your IndusInd Bank Forex Card in India, Nepal and Bhutan.
You can use your Forex card to withdraw money at international ATMs. Other than that, you can also swipe it at POS machines to purchase anything from merchant outlets. Lastly, it also allows you to make online transactions for your international purchases.
No, you will need to wait for 24 hours in order to get your card activated. You will receive an activation alert via an SMS on your registered mobile phone when your card is activated. You can start using your card after receiving this SMS.