IndusInd Bank Becomes Official Banking Partner of PGTI

IndusInd Bank has unveiled its collaboration with the Professional Golf Tour of India (PGTI) as its official Banking Partner. This alliance is designed to elevate the banking experience for Ultra High Net Worth Individuals (UHNIs) and High Net Worth Individuals (HNIs) through the PIONEER Program.

Shivam Last updated on February 25th, 2025 02:21 pm

IndusInd Bank has announced its partnership with the Professional Golf Tour of India (PGTI) as its official Banking Partner. This collaboration aims to enhance the banking experience for Ultra High Net Worth Individuals (UHNIs) and High Net Worth Individuals (HNIs) under the PIONEER banking program. The partnership aligns with IndusInd Bank’s commitment to integrating lifestyle experiences with premium banking services, particularly in the field of sports.

Key Highlights of the Partnership

Official Banking Partner of PGTI: IndusInd Bank will support PGTI events throughout the tournament.
Strengthening India’s Professional Golfing Landscape: The bank’s involvement will help expand golf’s reach in India.
Leadership at PGTI: Kapil Dev (President) and Amandeep Johl (CEO) lead the tour, which includes 20+ tournaments annually.
Exclusive Engagement for PIONEER Customers: Special activities and participation opportunities for premium banking clients.

PIONEER Banking Services

Wealth Management: Mutual funds, alternative products, sovereign gold bonds, NPS, and legacy planning.
Personal & Business Banking: Comprehensive financial solutions tailored for HNIs and UHNIs.
Golf Benefits for PIONEER Credit Cardholders: Select golf lessons offered to premium customers.

Statements from Key Leaders

Sumant Kathpalia (MD & CEO, IndusInd Bank)

Emphasized that the bank integrates lifestyle experiences with banking.
Stated that golf aligns with IndusInd Bank’s philosophy of providing an enriched customer experience.

Kapil Dev (President, PGTI)

Highlighted the similarities between golf and cricket as sports of discipline.
Called IndusInd Bank a “lifestyle bank” and an ideal partner for PGTI.

IndusInd Bank’s Commitment to Sports

‘IndusInd for Sports’ Initiative (Launched in 2016):
Supports various sports in India.
Focuses on customer engagement, employee participation, and community development.
Impact on Indian Sports: The partnership is part of the bank’s strategy to support diverse sporting initiatives beyond golf.

Summary/Static	Details
Why in the news?	IndusInd Bank Becomes Official Banking Partner of PGTI
Objective	Enhance banking services for HNIs & UHNIs while promoting professional golf.
PGTI Leadership	Kapil Dev (President), Amandeep Johl (CEO).
PGTI Tournament Scope	Over 20 professional golf tournaments annually.
Exclusive Banking Services	PIONEER banking offers wealth management, personal & business banking, and NRI banking.
Golf Benefits for Customers	Special golf lessons for PIONEER credit cardholders.
Statements from Leaders	Sumant Kathpalia emphasized lifestyle banking; Kapil Dev highlighted the synergy between cricket and golf.
IndusInd for Sports	Initiative launched in 2016 to support Indian sports.