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How to Become a KYC Compliant Savings Account Holder: KYC via Bank Visit or Video KYC
Posted on Monday, September 11th, 2023 |
Opening a savings account is a crucial step towards managing your finances effectively. However, before you can enjoy the benefits of a savings account, you need to become KYC (Know Your Customer) compliant. KYC is a mandatory process that helps banks verify the identity and address of their customers. In this blog, we will explore…
Read more5 benefits of maintaining a higher balance in your savings account
Posted on Monday, September 11th, 2023 |
In the realm of financial management, the significance of upholding a minimum balance within your savings account cannot be underestimated. What might initially appear as a minor action can, in fact, lead to noteworthy gains. Embark with us on a journey to uncover the compelling array of benefits that sprout from maintaining a minimum balance…
Read moreThe Different Types Of Savings Accounts In India: Which One Should You choose?
Posted on Monday, September 11th, 2023 |
Saving money is a crucial aspect of financial well-being and a gateway to achieving your financial aspirations. It is a practice that fosters not only fiscal responsibility but also provides a safety net for unexpected expenses and future goals. A well-chosen savings account can be your best buddy on this financial journey. IndusInd Bank offers…
Read moreTop 5 savings account security features
Posted on Friday, September 8th, 2023 |
The digital world of banking has increased the convenience of managing your savings account. But it has also necessitated the importance of ensuring its security. You must employ relevant security-related measures to safeguard the money parked in your savings account. Let us discuss the top 5 essential security features of savings accounts, highlighting the reasons…
Read moreImportance of Emergency Funds: Building & Maintaining One
Posted on Thursday, September 7th, 2023 |
Financial security is a fundamental aspect of a stable and stress-free life. One key component of financial security is having an emergency fund. In this blog, we will explore the importance of emergency funds, discuss how a savings account can assist in building and maintaining one, and introduce the benefits of IndusInd Bank Online Saving…
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