Monthly Archives: November 2022
MSME, you might have heard it in the news or in a discussion with your colleagues – but what really are MSMEs? MSMEs are micro, small, and medium-sized businesses that work in the service industry or the production, processing, manufacturing, and preservation of goods. According to the provisions of Micro, Small & Medium Enterprises Development…
Nupur works at a marketing firm and needs to meet agencies, designers, and clients for dinners and lunches often. Being a foodie since childhood, it’s one part of the job she loves the most. She has always been confused about which instant credit card to apply for online which can give her massive discounts on…
As technology continues to evolve, we’re more reliant on digital means than ever. The onset of digital revolution in India began with the ‘Digital India’ programme, launched in July 2015. With an aim to transform India into a digitally-enabled economy, the programme focused on making technology accessible and affordable for each and every citizen of…
FASTag comes with several benefits, including facilitating easier and more convenient road trips. Only one FASTag can be used for one vehicle. A great way to explore new places at a leisurely pace, road trips have an undeniable appeal for those overcome by wanderlust. Today, thanks to FASTag, serpentine vehicle queues are no longer a…
Did you ever try applying for a loan or a credit card? Do you know what is the first thing that any bank or lender checks about you? Yeah, you guessed it right – it’s the Credit Score. A credit Score is a 3-digit number that ranges from 300 to 900 and reflects your creditworthiness….
As per RBI, the banking sector in India is well regulated with 12 public sector banks, 22 private banks, 46 foreign banks, 56 regional rural banks, 1485 urban cooperative banks and 96,000 rural cooperative banks. This signifies that as an Indian citizen, you will definitely come across multiple banking terminologies that are difficult to comprehend. …
A Visa Platinum Debit card from IndusInd Bank comes loaded with an array of benefits that let you enjoy lifestyle privileges even as you spend. Used and accepted all over the world, Visa Debit cards are issued by banks and other financial institutions, and use money directly from your bank account. There are several types…
Although commonly seen as synonymous, there are several differences between an ATM Card and a Debit card. An ATM card comes with limited features while a debit card is a multi-functional card offering a host of services & features. People often mistakenly believe an ATM card and Debit card to be the same thing. Since…
The FD calculator is an online tool that uses a simple formula to give you an instant estimate of your FD maturity amount. The IndusInd Bank FDcalculator helps investors make an informed decision before they invest funds in an FD. One of the most basic financial instruments offered by banks, a fixed deposit (FD) lets…
How many times in a day do you come across the word ‘budget’? Often, right? You must have heard your family talking about budgeting and saving money since forever. There’s a plethora of information available online giving tips and tricks on creating a monthly budget and building a corpus for the future. But is budgeting…
Indigenously developed and launched in India, the RuPay debit card offers a number of unique advantages as compared to other debit cards. RuPay was launched in 2012 by the National Payments Corporation of India (NPCI) as part of the Reserve Bank of India’s mission to have an open, indigenous, and multilateral system of payments. Aimed…
Earning money for a comfortable and easy life is just one part of the story. The second part of the story begins when you start investing that money for a secure future, especially for your life post-retirement. As a senior citizen, you need to plan your finances in a way that gets you good returns…
Wondering how a Current Account works? How is it different from a Savings Account? What are the benefits of a Current Account? Well, you are at the right place. Just sit tight and read through the article to know all about it in detail. Unlike a Savings Account that is meant for saving money, a…
The battle between one or multiple savings accounts isn’t new. While some experts recommend having basic savings account for hassle-free management of your finances, others strongly advocate having multiple accounts to manage different financial goals effectively. But do you need to have multiple savings accounts? If you believe multiple accounts are for people with a…
There are three ways to activate a debit card: via an ATM machine, via netbanking, and via phone banking. Each method includes a set of simple, hassle-free steps. Today, anyone who opens a savings or current account at a bank is provided a debit card that is given as part of the welcome kit. A…
Like any other Indian middle-class individual, Mehul also grew up learning the importance of savings and investment. So when he hit the one-year mark at his first job, he decided it was finally time to start investing in a fixed deposit account with IndusInd Bank to meet his long-term financial needs. He would be earning…
If you’re looking to store and grow your funds, getting a basic, no-frills savings bank account is sufficient. But even this account requires some oversight to maintain a prescribed minimum balance. Imagine you could deposit funds into your account, withdraw them whenever required, and transfer them without the hassle of maintaining the minimum balance. All…
Several debit cards offered by IndusInd Bank come with attractive rewards and cashback programmes. These reward points can subsequently be redeemed for exciting gifts and cashback. There was a time when rewards and cashback offers were associated only with credit cards. However, certain debit cards nowadays do come with reward points and cashback programmes. IndusInd…