How to Choose the Ideal Tenure for Your Loan Against Property
Posted on Thursday, March 7th, 2024 |

Summary: When applying for a loan against property, a critical decision that you need to make is selecting the tenure. This decision influences not just your monthly EMIs but also the overall cost of borrowing. Contrary to popular belief, opting for the maximum tenure offered by your lender may not always be the best choice…
Read moreThe Major Benefits Of An NRE Account Deposit
Posted on Wednesday, February 28th, 2024 |

As the global economy continues to be in a state of flux, more and more individuals are looking to invest their money somewhere safe and secure. If you are an NRI looking to take advantage of high-interest rates on foreign deposits in India, a Non-Resident External (NRE) account deposit may be the solution you’ve been…
Read moreWhy Do Banks Need Special Approaches To Manage NRI Banking?
Posted on Tuesday, February 27th, 2024 |

As Non-Resident Indians (NRIs) increasingly look for investment opportunities in their home country, banks must develop special approaches to cater to this segment’s unique needs and preferences. IndusInd Bank offers different types of NRI bank accounts that NRIs can choose from. As the world becomes increasingly globalised, more and more people are moving across the…
Read moreKnow the Different Types of Credit Scores
Posted on Monday, February 26th, 2024 |

In India, credit scores have a substantial influence over various financial transactions, from securing loans to renting accommodations. Understanding the diverse range of credit scores prevalent in the country empowers individuals to manage their finances effectively. Let’s delve into the various types of credit scores. CIBIL Score The Credit Information Bureau (India) Limited, commonly known…
Read moreWhat are FASTags, and How Can It Help to Track a Vehicle?
Posted on Monday, February 26th, 2024 |

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…
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