Monthly Archives: February 2024
In today’s fast-paced world, financial needs can arise unexpectedly. Whether it’s funding a dream vacation, renovating your home, or consolidating debt, a personal loan can provide the financial flexibility you need. If you’re considering applying for a personal loan with IndusInd Bank, it’s essential to understand the eligibility criteria and requirements to increase your chances…
FASTags facilitate quick and convenient toll payments across state and national highways in the country. First introduced in 2014 as a cashless model to allow digital payments at toll booths, it uses Radio Frequency Identification (RFID) technology to automatically deduct payments from the linked prepaid account. Using this technology, FASTag can also help businesses and…
NRI remittances are transfers of money from abroad to India through authorised providers approved by the Reserve Bank of India. Such transfers are known as “inward foreign remittances” or “inward remittances.” For instance, if you live in London and regularly send money to your family in India, the money they receive every month would be…
In times of sudden financial need, individuals often resort to withdrawing their savings and investments, including Fixed Deposits (FDs), which can result in significant losses due to premature withdrawal penalties and loss of interest earnings. This dilemma poses a challenge for those seeking immediate liquidity without sacrificing their investment returns. What is an overdraft against…
When we talk about planning our finances, we usually focus on making more money, keeping risks low, and securing what we own for the future. But sometimes, we forget about something important – what happens when the person who owns the account passes away. Dealing with the passing of a loved one is difficult, and…