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Benefits of FCNR Account
Posted on Tuesday, December 12th, 2023 |
FCNR accounts provide NRIs with a secure, risk-free investment choice, offering fixed interest rates and protection from forex fluctuations. With an FCNR account, you can enjoy tax exemptions in India, along with the convenience of free and full repatriation. With high return and flexible tenure options, FCNR deposits are a favourable option for NRIs to…
Read moreNRE Account Vs Normal Savings Account
Posted on Monday, December 11th, 2023 |
RBI’s FEMA regulations restrict NRIs from using traditional savings accounts and mandate the use of specialized NRE accounts to manage foreign income in India. Unlike regular savings accounts, the NRE account allows foreign currency deposits, full and free repatriation of funds, and is tax-free. With IndusInd Bank’s hassle-free, easy online savings account, NRIs can manage…
Read moreHow to Get a Loan Against Property Without Difficulty
Posted on Sunday, December 3rd, 2023 |
A loan against property offers an excellent way to fund significant expenses such as setting up a business, financing higher education, or paying for unexpected medical expenses. IndusInd Bank offers a loan against property of up to 80% of the value of your property, with flexible tenures of up to 20 years. Other benefits include…
Read moreWhat is the CIBIL Score Required for a Bike Loan?
Posted on Thursday, November 30th, 2023 |
A 750+ CIBIL score can help you secure a two-wheeler loan with greater ease. You are likely to enjoy a lower bike loan interest rate and more favourable terms. IndusInd Bank two-wheeler loans are marked by attractive interest rates, flexible repayment tenures, wide-ranging loan amounts with up to 95% on-road finance, and quick & hassle-free…
Read more5 tips To Avoid Defaulting On Your Personal Loan
Posted on Tuesday, November 28th, 2023 |
A personal loan can help you deal with various financial situations, including medical emergencies, wedding expenses, children’s education, etc. While personal loans are ideal for various needs, responsible management is crucial to avoid default. Defaulting on a personal loan harms your credit score and can lead to financial and legal troubles. Below are five essential…
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