Bank rate card
What does IndusInd Bank charge an exporter?
This is IndusInd Bank's published trade and forex rate card, reproduced head by head from the bank's own schedule dated Effective from 1st May 2026. 23 charge heads are published and 0 are not. The source document is linked at the foot of this page.
By Aaryan Kakani · · 3 min read
What does IndusInd Bank charge on an export transaction?
Every head below is reproduced from the schedule linked at the foot of this page. Amounts are as published; nothing has been converted, averaged or inferred, and charges are exclusive of 18% GST unless the schedule says otherwise.
| Charge head | What IndusInd Bank publishes |
|---|---|
| Inward remittance / export proceeds | Rs 300 per remittance (listed under non-trade remittances); export proceeds attract bill realisation charge 0.12% flat, min Rs 1,000 |
| FIRC, FIRA and e-BRC | FIRC issuance Rs 100 (listed under non-trade remittances); e-BRC Nil; manual BRC Rs 100 per bill; duplicate BRC Rs 300 |
| Export bill regularisation (direct dispatch or advance received) | GR/shipping bill regularisation 0.0625% flat, min Rs 750 per shipping bill (FBC/advance payment docs received for regularisation; bill realisation 0.12%, min Rs 1,000 also listed) |
| Export bills on collection | Bill realisation (LC or non-LC) 0.12% flat, min Rs 1,000 + courier Rs 1,000 international / Rs 500 national |
| Export bill purchase, discount or negotiation | Document negotiation/purchase/discount fees (under LC, INR and FCY) 0.25% flat, min Rs 1,200 |
| Extension of realisation period | Rs 2,000 (approval for extension of time) |
| Write-off or reduction in value | Rs 2,000 (invoice reduction / write-off / change of buyer approval) |
| Crystallisation | Not stated |
| Return of an unpaid export bill | Rs 2,000 + other bank charges |
| Export LC advising | Rs 1,500 + OPE; amendment Rs 500 + OPE; pre-advice Rs 500 + OPE |
| Export LC confirmation | Commitment 0.15% per qtr, min Rs 1,000; usance above 10 days 0.15%, above 90 days 0.30% per qtr, min Rs 1,000; plus country risk premium |
| Overdue bill follow-up | Overdue unfinanced export bills: Nil up to 3 months from overdue date, thereafter Rs 500 per qtr (first follow-up free) |
| SWIFT | Rs 500 (tracer/remittances); LC issuance/amendment Rs 1,000 |
| Courier | International Rs 1,000; national/local Rs 500 |
What does IndusInd Bank charge on imports, guarantees and other forex services?
| Charge head | What IndusInd Bank publishes |
|---|---|
| Advance or direct import remittance | 0.125%, min Rs 1,000 + SWIFT Rs 500 |
| Import bills on collection | Collection bills 0.2%, min Rs 1,000; direct bills 0.125%, min Rs 1,000; + SWIFT Rs 500 |
| Import LC issuance | Issuance commission 0.2%, min Rs 1,000; sight 0.15% per qtr, min Rs 1,000 (usance 0.15%/0.30% per qtr) + SWIFT Rs 1,000; cash-backed 0.10% per qtr |
| IDPMS / Bill of Entry | Import delay payment (beyond 180 days from shipment) Rs 1,000 |
| Bank guarantee | Performance/SBLC 2.0% p.a., min Rs 2,500; financial/SBLC 2.50% p.a., min Rs 2,500; 100% cash-backed 50 bps lower, min Rs 1,000; SWIFT Rs 1,000 |
| Other outward remittance | A2 (other than imports) Rs 1,000 per remittance + SWIFT Rs 500 |
| Forward contracts | Processing Rs 250 per contract + stamp charges; early delivery Rs 250 + swap |
| Commission in lieu of exchange | 0.125%, min Rs 100 where no exchange benefit accrues (incl. Credit to EEFC account) |
| Certificates, NOC and AD code letter | NOC processing Rs 500; bank certificate for IEC Rs 500; true copy certification Rs 50; GR waiver Rs 1,000 per certificate |
How does IndusInd Bank compare with the other banks?
Ordering is arithmetic on published figures across the 36 banks whose schedules could be re-checked against their source file, using the entry-tier charge a small-ticket exporter actually meets. It is not a view on which bank to use.
| Charge | IndusInd Bank | Where that sits |
|---|---|---|
| Export bill regularisation, per shipping bill | ₹750 | 13th cheapest of 29 banks that publish it |
| e-BRC or BRC | Free | 6th cheapest of 23 banks that publish it |
| FIRC or FIRA issuance | ₹100 | 8th cheapest of 30 banks that publish it |
| Inward remittance, per credit | ₹300 | 21st cheapest of 30 banks that publish it |
| Export bills on collection, entry tier | ₹1,000 | 19th cheapest of 35 banks that publish it |
| SWIFT, per message | ₹500 | 14th cheapest of 36 banks that publish it |
IndusInd Bank does not sit in the cheapest five on any of the six heads measured here. An exporter filing 20 shipping bills a month, pulling an e-BRC for each and taking 20 payment credits, would pay ₹2,52,000 a year on these published heads alone. A merchant exporter lodging 10 collection bills a month with 10 certificates and 10 credits would pay ₹1,56,000. See all 38 banks side by side.
What else does IndusInd Bank's schedule say?
Landing page: https://www.indusind.bank.in/in/en/personal/schedule-of-charges.html#trade-and-forex (also lists Indus Dollar One trade charges, Gift City pricing and archives). Charges exclusive of taxes; FX conversion tax at actuals; OPE extra. Processing inward remittance without account number/incomplete details Rs 1,000; agency commission remittance Rs 250 + SWIFT Rs 500. Indus Exim Basic trade current account (QTP USD 20,000; eff. 1 Aug 2026): inward remittances Free, FIRC Free, BRC Free, export bills for collection/under LC Rs 500, advance export bills Rs 500/bill, import advance/direct/collection Rs 500, non-trade ORM Rs 250, SWIFT Rs 250, intl courier Rs 1,000, export LC advising Rs 600, CLE 0.125%, QTP shortfall penalty 0.30% of deficit.
Where does this rate card come from?
| Provenance | Detail |
|---|---|
| Schedule date, as the bank prints it | Effective from 1st May 2026 |
| Bank type | Private |
| Checked | 19 September 2026 |
| Source document | Open IndusInd Bank's published schedule |
The source document was re-downloaded from IndusInd Bank on 19 September 2026 and compared by SHA-256 against the copy these figures were read from. It matched exactly, which means the figures here are what the bank was publishing that day rather than a stale cache.
What should I read next?
- Every Indian bank's export charges, compared All 38 rate cards in one table.
- Which bank is best for e-commerce exporters? The same schedules read head by head for marketplace sellers.
- Which bank is best for B2B exporters? LC advising, collection, crystallisation and guarantees.
- FIRC and BRC guide for Indian exporters What each certificate is and when you need one.
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Update history
- First published.