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Press ReleaseHow to Use Your Current Account to Manage Your Business Finances
Posted on Thursday, December 28th, 2023 |
In the dynamic world of business, where time is of the essence, having a quick and well-structured financial management strategy is crucial. Among the array of tools at your disposal, a current account can help you navigate the complexity of business finances. Opening a current account with IndusInd Bank simplifies the daily juggling of multiple…
Read moreMSME: What Kind of Businesses Are Tax Exempted?
Posted on Monday, June 26th, 2023 |
Taxation is an essential aspect of running a business, as it helps fund public services and infrastructure. However, certain businesses may be eligible for tax exemptions, allowing them to reduce their tax liabilities or even be completely exempt from paying certain taxes. In this blog post, we will explore the types of businesses that are…
Read moreMSME: Understanding GST and How to Apply for It
Posted on Monday, June 19th, 2023 |
Goods and Services Tax, popularly referred to as GST, is a comprehensive indirect tax levied on the supply of goods and services in the country. It has replaced multiple taxes such as central excise, service tax, VAT, and more, simplifying the taxation system and promoting a unified market across the country. If you’re a business…
Read moreMSME: What is Startup India Seed Fund Scheme?
Posted on Friday, June 16th, 2023 |
India’s startup ecosystem has witnessed tremendous growth in recent years, with a surge in innovative ideas and entrepreneurial ventures. Recognizing the importance of nurturing and supporting these startups, the Government of India has introduced various initiatives and schemes. One such initiative is the Startup India Seed Fund Scheme, which aims to provide financial assistance to…
Read moreWhat is a MSME Loan and who is eligible for It?
Posted on Thursday, June 1st, 2023 |
Micro, Small, and Medium Enterprises (MSMEs) play a vital role in the economic growth and development of any country. These businesses often require financial support to fuel their expansion, manage working capital, or invest in infrastructure. That’s where MSME loans come into the picture. In this blog, we will explore what an MSME loan is,…
Read moreHow to Get a Business Loan for a Franchise Business?
Posted on Wednesday, May 31st, 2023 |
Starting a franchise business can be an exciting opportunity for aspiring entrepreneurs. Franchises offer a proven business model, established brand recognition, and ongoing support from the franchisor. However, like any other business venture, financing is a crucial aspect that needs careful consideration. One common question that arises is whether it is possible to secure a…
Read moreWhy Having Multiple Current Accounts is good?
Posted on Friday, April 21st, 2023 |
Effectively managing finances is an essential and vital aspect of running a successful and thriving business. One financial strategy that you can utilize to your advantage is having multiple current accounts. While you may be hesitant to open multiple accounts, there are several benefits to consider. In this blog, we will discuss why having multiple…
Read moreDifferences Between Traditional and Online Current Accounts
Posted on Thursday, April 20th, 2023 |
The banking industry has undergone a significant transformation in recent years with the introduction of digitization. Online banking has become an integral part of the financial landscape, providing customers with faster, more convenient ways to manage their money. The digitization of the banking industry has also significantly impacted the small businesses in India. With the…
Read moreDocuments required to open a Current Account
Posted on Monday, March 27th, 2023 |
The business landscape in India is always evolving and becoming increasingly complex. In this context, managing a company’s finances can be a daunting task. One crucial aspect of financial management for businesses is managing their current account. A current account is a type of bank account that is designed for businesses to carry out their…
Read moreCan current account holders use UPI?
Posted on Thursday, March 23rd, 2023 |
Unified Payments Interface, popularly known as UPI, is a revolutionary payment system that has transformed the way people in India transfer money. It allows for seamless and instant transfers between bank accounts using a mobile application. UPI has made banking simpler, faster, and more secure. However, many people are still unsure about whether current account…
Read moreWill a current account be closed if it has zero balance?
Posted on Wednesday, March 22nd, 2023 |
The business sector in India has undergone a remarkable transformation over the past few decades and is now recognized as one of the most dynamic and diverse in the world. With a large and growing consumer base, a vibrant entrepreneurial ecosystem, and a favorable policy environment, India has become a hub for several industries, including…
Read more5 reasons why small businesses must have a current account
Posted on Friday, March 17th, 2023 |
India’s ever-growing business landscape has created a highly competitive environment for small businesses. With a large number of startups and small businesses vying for market share, it has become increasingly challenging for small businesses to differentiate themselves and succeed. Hence, managing finances effectively has become extremely critical for small businesses to survive this cut-throat competition…
Read moreHow do I close current account, if I don’t close what will happen?
Posted on Friday, January 6th, 2023 |
Your business keeps on evolving, and so do your banking needs. If your bank is not able to fulfil your banking needs, then it is not the right banking partner for your business. IndusInd Bank account holders enjoy comprehensive banking facilities that cater to the present business requirements and hold up for their future expansion…
Read moreDo banks pay interest on a Current Account?
Posted on Saturday, December 31st, 2022 |
Whether you are looking to save money or carry high volume transactions, banks offer a wide variety of accounts based on your requirements. These include savings accounts, salary accounts, current accounts, NRI accounts, etc. that you can access anytime, from anywhere with facilities like mobile and internet banking. You can transfer funds online, pay bills,…
Read moreHow to get a Loan on Current Account?
Posted on Thursday, December 29th, 2022 |
If you are running a business or planning to start a new one, then a current bank account is one of the most essential requirements. A current account is a type of deposit account that offers significantly higher number of transactions in terms of deposits and withdrawals. It’s key objective is to facilitate seamless transactions…
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