Indusind Nexxt

Product Overview

Eligibility Criteria

✔️ Applicant must be an Indian resident.

✔️ Age: 21 to 65 Years.

✔️ Salaried or Self-Employed Individual.

✔️ Minimum Monthly Income: ₹20,000+.

✔️ Good CIBIL Score (750+ preferred).

✔️ Subject to IndusInd Bank's credit assessment and verification process.

Features and Benefits

✔️ India's First Interactive Credit Card with 3 Payment Modes:

Credit
EMI
Reward Points Redemption

Switch payment mode directly through the buttons on the card.

✔️ Convert purchases into EMIs instantly.

✔️ EMI Tenure Options:

6 Months
12 Months
18 Months
24 Months

✔️ Special EMI Interest Rate of 12% p.a. with no processing fee on eligible transactions.

✔️ Earn 1 Reward Point for every ₹150 spent on eligible retail transactions.

✔️ Reward Points Never Expire.

✔️ Complimentary Priority Pass Membership.

✔️ Complimentary Airport Lounge Privileges.

✔️ Complimentary Concierge Services.

✔️ Buy 1 Get 1 Movie Ticket Offers on BookMyShow.

✔️ 1% Fuel Surcharge Waiver across fuel stations in India.

✔️ Travel Insurance Benefits including:

Lost Baggage Cover
Delayed Baggage Cover
Lost Passport Cover
Lost Ticket Cover
Missed Connection Cover

✔️ Contactless Payment Technology.

Fees & Charges

✔️ Joining Fee: ₹10,000 + GST.

✔️ Annual Fee: Nil.

✔️ Add-on Card Fee: Nil.

✔️ Interest-Free Period: Up to 50 Days.

✔️ Finance Charges: 3.83% per month (46% p.a.).

✔️ Forex Markup Fee: 3.5%.

✔️ Cash Advance Charges: 2.5% of amount withdrawn or ₹300 (whichever is higher).

✔️ Late Payment Charges: As per applicable statement balance slabs.

Documents Required

✔️ PAN Card

✔️ Aadhaar Card / Passport / Driving Licence

✔️ Address Proof

✔️ Income Proof (Salary Slip / Form 16 / ITR)

✔️ Bank Statements (Last 3–6 Months)

✔️ Passport Size Photograph

✔️ Additional documents as required by IndusInd Bank.

FAQs

Q1. What is unique about IndusInd Nexxt Credit Card?

Ans. It is India's first interactive credit card that allows users to switch between Credit, EMI, and Reward Point payment modes using physical buttons on the card.

Q2. What is the joining fee?

Ans. The card comes with a one-time joining fee of ₹10,000 + GST and no annual fee thereafter.

Q3. What reward rate does the card offer?

Ans. Cardholders earn 1 Reward Point for every ₹150 spent on eligible retail transactions.

Q4. Can I convert purchases into EMIs instantly?

Ans. Yes, purchases can be converted into EMI directly using the EMI button on the card with tenure options up to 24 months.

Q5. Do reward points expire?

Ans. No, reward points earned on the card do not expire.

Terms & Conditions

✔️ EMI conversion is available on eligible transactions only.

✔️ Reward redemption is governed by IndusMoments Reward Programme terms.

✔️ Fuel surcharge waiver is applicable on eligible fuel transactions only.

✔️ Insurance benefits are subject to policy terms and conditions.

✔️ Approval is subject to IndusInd Bank's internal credit policy and verification process.