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Blog Collection

Swift and IFSC Code: Differences

Posted on Thursday, September 5th, 2024 | By

Swift and IFSC Code: Differences

SWIFT and IFSC codes are two types of codes essential for financial transactions. While SWIFT codes are used for international financial transactions, IFSC codes are used when transferring money from one bank to another.   Each type of code has its distinct characteristics and is used in different contexts. It is important to know the differences…

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Category : Savings Account

Understanding the Differences Between Savings and Investment

Posted on Wednesday, July 31st, 2024 | By

Understanding the Differences Between Savings and Investment

Everyone looking forward to secure their future financially must know the definitions of savings and investments. Savings, while crucial, may not be enough. There are arguments to be made in favour of investing by those focused on long-term goals.   But, what are savings and investment and how are they different?  Both savings and investment form…

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Category : Savings Account

What Are The Different Types Of Bank Accounts?

Posted on Friday, July 19th, 2024 | By

What Are The Different Types Of Bank Accounts?

Banks and financial institutions provide a variety of account options to meet the different needs of their customers. To make the most of your bank account, you must select the right option.   From everyday transactions to long-term savings, each type of bank account serves to help people and businesses manage their money effectively. If you…

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Category : Savings Account

What is the Full Form of VPA? What is VPA in UPI?

Posted on Friday, July 19th, 2024 | By

What is the Full Form of VPA? What is VPA in UPI?

The Unified Payment Interface (UPI) system has become considerably popular over the last few years. One can split bills with friends, pay merchants to buy groceries or recharge their phone with just a few clicks. UPI has revolutionised the way people make payments and handle financial transactions.   The ease and convenience of UPI make it…

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Category : Savings Account

What is a Savings Account? How Does it Work?

Posted on Thursday, July 18th, 2024 | By

What is a Savings Account? How Does it Work?

A savings account is crucial for managing your finances effectively. You can save for various purposes while having easy access to your funds. Choosing the right bank, such as IndusInd Bank, ensures that your savings account is more than a place to park your money. It is one of the pillars for securing your financial…

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Category : Savings Account

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