Monthly Archives: January 2023
One of the few universally accepted truths is that it is easy to spend money and difficult to earn it. Earning a livelihood by the sweat of one’s brow often entails long work hours and little time to spare for family and friends. No wonder earning a passive income – an income generated while putting…
The Indus PROgress Savings Account is a bank account designed for self-employed professionals. Its specially curated features and benefits are aimed at meeting their financial needs and fulfilling their lifestyle aspirations. A savings account, as the name implies, is essentially a deposit account through which you can manage your savings, expenses, and investments. An overwhelming…
What is the first thing that comes to your mind when you hear the word ‘credit card’? Is it fear of debt or luxury of extra budget? Well, financial experts suggest credit card as a powerful tool to boost your financial health and become more disciplined with money. On the other hand, there’s a general…
Given the uncertain nature of life and the rising cost of living, the borrowing demand has increased significantly in the country. From medical emergencies to wedding expenses, there are numerous situations wherein people use various credit options available in the market. However, one borrowing option that has gained huge popularity over the last decade is…
IndusInd Bank provides a range of credit cards, each with unique features and benefits. But the two cards— the IndusInd Bank Platinum Aura Edge Credit Card and the Platinum Credit Card—offer you some of the best features and benefits out there. Both these cards offer all these benefits from welcome gift vouchers for leading brands…
The credit card PIN plays a crucial role in ensuring the safety of your credit card. IndusInd Bank lets you set/reset and generate your credit card PIN via several online and offline options with ease. Credit cards have fairly robust fraud protections that are often regarded as superior to those that come with debit cards….
A credit card has become nearly indispensable to modern lifestyles. With a new-age contactless feature, flexible reward plans, and a host of other benefits, the IndusInd Bank Platinum Aura Edge Credit Card epitomizes all that is good about credit cards. The use of credit cards has seen a surge in recent years, not least due…
A separate savings account helps you segregate savings from expenses. An easily accessible corpus of funds, it can help boost financial planning by enabling you to earn interest and invest with ease. While none can deny the joys of earning money, there is an equal – if not greater – pleasure in seeing that money…
A loan against property helps you raise immediate long-term funds for fulfilling various personal and professional needs. IndusInd Bank offers several benefits to borrowers including an attractive loan against property interest rate and longer repayment tenure. A type of secured loan, a loan against property allows an individual to avail of credit by mortgaging their…
Income from Fixed Deposit (FD) interest is taxable in India. Invest in IndusInd Bank’s tax-saving FD to save on taxes while enjoying an attractive rate of interest. Fixed deposits (FDs) have always been looked upon as a reliable source of investment in India. That explains why, despite the existence of a large number of instruments…
If you’ve ever browsed online for a zero-balance savings account, you may have come across basic savings bank deposits, or the BSBD account. The basic savings account offers certain minimum facilities, free of charge, without any requirement of minimum balance. It was designed to provide most basic banking services to the impoverished section. Apart from…
If you run a business and carry frequent and high-value transactions, then you must be aware of current accounts. A current account is meant for businesses & individuals who carry a significantly higher number of transactions with banks. Further, unlink savings account – a current account has a very high upper limit on daily transactions…
Contrary to popular belief, credit cards can be the best financial product for anyone to start their investment journey. They are no longer just plastic money because not only the cards allow you to make purchases on credit and pay your monthly bills all at once, but they also help you save more and get…
From security and convenience to access to cash and attractive rewards, availing a debit card with your savings account lets you enjoy a number of advantages. Popularly referred to as plastic money or plastic cash, debit cards have veritably revolutionised monetary transactions the world over. From the neighbourhood grocery store to international websites, the debit…
Buying a house is one of the biggest aspirations in our lives. For most of us, home loan is the only way to achieve this dream. While availing a home loan does not take as long; repayment of home loan is a lengthy affair – especially if the EMI is low and spread across a…
Indians continue to rely and look upon Fixed Deposits as risk-free investments that offer guaranteed returns. With an attractive interest rate and flexible tenure, IndusInd Bank FDs are a great option for risk-averse investors. Over the years, each generation evolves. There is a new set of identities born every 10 years. It’s reflected in art…
All businesses, banks and individuals have two main components in their balance sheet – assets and liabilities. Even you have your own assets and liabilities. Your assets are anything you may own outright – such as a car, a house, or cash in a bank account. Your liabilities are considered to be anything that you…
If you are wondering what is the difference between a current account and a savings account – after all, they are both bank accounts, you are not alone. A lot of us still don’t know the correct answer. To put it in laymen’s terms, a current account is meant for businesses, and a savings account…
Swati always wanted to apply for a credit card that allowed her to enjoy all the travel perks, so she could maximize her spending on travel. She decided to apply for the Legend Credit Card and found the right partner in it. She knew she will earn 1 reward point per INR 100 spent on…
A secured loan, a gold loan comes with low interest rates and flexible repayment tenures. With myriad advantages to borrowers, an IndusInd Bank gold loan is a swift and secure way to get instant access to credit, while ensuring the safety of your jewellery. Gold jewellery in India has traditionally been looked upon as an…