Pioneer Banking: New wealth management platform of IndusInd Bank

IndusInd Bank on Friday announced that it has launched a wealth management platform called Pioneer Banking for its high net worth customers.

According to reports, Managing Director & CEO of IndusInd Bank, Romesh Sobti said that they have come up with an innovative service for their valued customers by launching Pioneer banking platform. The bank further said that with this service, the customers would be able to control their wealth-related decisions in a better way.

In a BSE filing, the private sector bank informed that the Pioneer customers would be entitled to the following benefits and privileges:

·        No charges on non-maintenance of minimum balance.

·        No transaction charges.

·        Customers can link up to ten family members or business accounts and can share the same benefits with them.

·        Complimentary access to Pioneer lobbies for conducting bank-related meetings.

·        Free doorstep banking up to Rs 4 lakh per day.

·        Customers can also avail services of dedicated wealth managers and investment specialists to cater their financial requirements.

·       Last but not the least; customers would be entitled to several lifestyle benefits and a Premier World debit card, through which they can avail world-class privileges in India and abroad.

At 2.54 pm on Friday, the stock of IndusInd Bank is trading at Rs 1,319.15, down by 0.98 per cent against its previous close of Rs 1,332.15 on BSE.