Monthly Archives: June 2024
Responsible management of credit cards is crucial for maintaining your financial health. One key aspect of credit card management is understanding the outstanding amount. Let’s understand in detail the outstanding amount in credit cards, its implications, and how to manage it. Outstanding Amount Meaning in Credit Card The outstanding amount is the amount a cardholder…
In the ever-evolving landscape, digital current accounts are becoming more accessible and convenient to manage finances. However, current accounts often come with a certain transaction limit to ensure security and prevent frauds to maintain the overall stability of banking operations. Let’s delve deeper into understanding daily transaction limits and how users can navigate them to…
A current account is a type of bank account primarily used for day-to-day financial transactions. Current accounts are intended for frequent transactions such as deposits, withdrawals, and payments unlike savings accounts, which are designed for saving money over time and often offer interest on deposits. Just like opening a traditional bank account, there are specific…
Managing finances has never been easy but thanks to online banking in the digital age of today, it is getting more and more convenient. With just a few clicks or taps, you can access your current account from anywhere, any time and check your balance, transfer funds, or review transactions. Business owners, merchants and retailers…
Online banking has become an indispensable part of our lives, especially for businesses, in today’s digital age. IndusInd Bank like other banking institutions in India, offers online current accounts tailored to meet the diverse needs of businesses. One of the key charges that account holders need to be aware of is non-maintenance charges applicable when…