Why Fixed Deposits Have Charmed Generations of Indian Households

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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…

Is current account a liability or an asset for banks?

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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…

5 Differences between a Current Account and a Savings Account

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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…

Know about the reward points structure for the Legend credit card

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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…

Why to pledge jewellery & take a Gold Loan?

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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…