Monthly Archives: September 2022
CIBIL score is one of the eligibility criteria taken into account by banks when considering an application for loan against property. The score has a bearing on aspects such as interest rate, loan amount, and processing time. The term “CIBIL score” has, in recent years, entered everyday conversations. Simply speaking, your Credit Information Bureau (India)…
Although you can apply for an instant personal loan online nowadays, obtaining one with a low credit score might be challenging but not impossible. Experts advise you to keep a healthy credit score, make your payments on time, and in general keep good financial habits to increase your borrowing capacity in the long run. It often happens…
Everybody works hard to live a comfortable life after retirement, but due to the rise in living costs simply relying on your savings may not be enough. Hence, you must plan and explore different investment options that can secure your future. Balanced Advantage Fund or BAF is one such investment option that can offer great…
Your choice of credit card should be determined by your personal needs & goals. IndusInd Bank offers a host of credit cards, each with unique offers to meet different lifestyle requirements. Choosing a credit card is never as simple as it sounds. While every credit card gives the card holder financial freedom and flexibility, all…
Owning a house is a milestone that most aspire to achieve, and the easiest way to get one to your name is to take a home loan. Even though home loans are more accessible than ever, banks still consider many factors before approving a home loan application. If a lender has rejected your home loan,…
A systematic withdrawal plan or SWP is an attractive investment feature with mutual funds using which investors can withdraw from their current investment portfolio in the form of a fixed amount at fixed intervals. Although SWP is the most commonly used, it is also the most misunderstood approach to investment. Therefore, it is imperative to…
Having a commercial vehicle can add a lot of value to businesses. From mining instruments including excavators, and bull dozers among others, to material handling equipments including cranes, and trucks, among others commercial vehicles are vital for businesses to operate with ease. But commercial vehicles whether new or used are expensive, which is why some…
After slogging for a week in the office, are you also spending two Saturdays a month standing in bank queues? Is supervising your finances getting more complex and tedious amidst your busy schedule? It does not have to be his way. By opting for digital banking, you can minimise the time and effort you put…
Based on Radio Frequency Identification Technology, FASTag has digitised toll payments, providing convenience and easing road journeys. It is easy to apply for and get IndusInd FASTag. FASTag is a tag that is fixed on the windscreen of vehicles to enable electronic toll collection. Based on Radio Frequency Identification (RFID) Technology, FASTag was introduced by…
IndusInd PIONEER offers premium services that aim to provide a holistic banking experience to a select group of our customers. From traditional banking to wealth management combined with unparalleled customer experience, PIONEER products provide everything that you could ever want from a premium banking experience It offers some exclusive banking privileges including premium accounts, customized…
Big-ticket purchases can easily burn a hole in your pocket and interfere with your financial planning. While you can always pay for big-ticket purchases using your savings, it is best to use a credit card for expensive purchases. The reason is you can easily convert your credit card transactions into EMIs which will be easy on your…
Personal loans provide great support when you need funds for a financial emergency or a planned event like a wedding, vacation, or home renovation. The application process for a personal loan is quick and simple. You can also choose to apply for a personal loan online. The process is 100% paperless and convenient. As a…
A savings account is one of the simplest and most secure ways to park your funds. But if you have any apprehensions about opening a savings account, you should not because their benefits outweigh their drawbacks. This article will walk you through some such advantages. But first, let us see some disadvantages of savings accounts…
Fixed deposits are an excellent way to invest your money and grow your wealth. They’re the best option when you don’t want to take market risks because they’re a safe form of investment. They function similarly to liquid funds and can also be liquidated prematurely. They offer a secure way to invest excess funds. Besides,…