Product Launch Details
IndusInd Bank announced successful integration with the Employees' Provident Fund Organisation (EPFO), under the Ministry of Labour & Employment, Government of India. The integration enables employers and establishments to make Provident Fund (PF) contributions seamlessly through the EPFO portal using IndusInd Bank's digital banking platforms.
Platform Integration
- Corporate Internet Banking (Indus Direct)
- Mobile Banking application INDIE for Business (MSME digital banking platform)
The integration allows organizations to select IndusInd Bank directly on the EPFO portal and complete their Provident Fund contributions in a secure and efficient manner. This brings one of the country's widely used statutory payments onto the Bank's digital rails.
Target Market and Customer Benefits
The solution is designed for:
- Employers and establishments requiring PF contribution services
- MSME customers through the INDIE for Business platform
- Corporate customers using Corporate Internet Banking
The integration provides a convenient payment experience while helping organizations meet their statutory obligations with ease, marking an important milestone in IndusInd Bank's growth journey.
Bank Background Information
As of March 31, 2026, IndusInd Bank serves approximately 42 million customers through:
- 3,136 branches/banking outlets
- 2,870 ATMs
- Coverage across 1.62 lakh villages across India
The Bank leverages technology through its 'Digital 2.0' strategy, ensuring multi-channel delivery and robust digital infrastructure. IndusInd Bank holds clearing bank status for major stock exchanges BSE and NSE, settlement bank status for NCDEX, and is an empanelled banker for MCX.