IndusInd Tiger's Maharaja Club rate goes from 2:1 to 1:1

IndusInd has fed Air India's Maharaja Club since June 2025, but the lifetime-free Tiger converted at 2:1. From 1 June 2026 it converts at 1:1, the rate Pioneer Private already had.

1 Jun 2026

What changed

Better for you 1 Jun 2026

Improvement · IndusInd Bank

Before

Tiger Reward Points → Maharaja Club at 2:1, the ratio Air India printed when IndusInd joined in June 2025

After

1:1, the rate Pioneer Private already had, capped at 25,000 Reward Points a calendar month through IndusMoments

See it with every other change

The card this affects

IndusInd Tiger

IndusInd Bank

₹32,000 a year at ₹75,000 a month

Keep

IndusInd joined Air India’s Maharaja Club in June 2025, in the same batch as AU and YES. The launch table, which Air India’s French-locale partner page still prints, gave the lifetime-free Tiger 2:1: two Reward Points for each Maharaja point. Pioneer Private was the only IndusInd card at par.

LiveFromALounge reports that Tiger’s rate went to 1:1 from 1 June 2026, and Air India’s current IndusInd table now prints Tiger at 1:1 beside Pioneer Private.

Tiger → Maharaja Club	Before 1 Jun 2026	From 1 Jun 2026
Ratio	2:1	1:1
Value per point at our ₹0.80 Maharaja mark	about ₹0.40	about ₹0.80
Monthly cap (IndusMoments)	25,000 Reward Points	25,000 Reward Points

The plumbing did not change. Transfers go through IndusMoments in multiples of 100, with a 500-point minimum, a ₹100 redemption fee and a 25,000-point cap each calendar month. Nothing moved on IndusInd’s other cards: Pinnacle, Heritage and Indulge stay at 2:1 and Legend at 4:1.

Our take: this doubles what a Tiger point is worth as miles, and it does so on a card with no fee. Tiger’s slab earn means light spenders still mint few points, so the cap only matters if you spend heavily. Transfer what you will fly with, before you need it.