Why should One go for an Online Current Account?
Posted on Sunday, June 30th, 2024 |
In today’s fast-paced world, time is the essence which determines whether a product can be considered the king of convenience. With everything being replaced by digital platforms, traditional banking methods are being rapidly replaced by their digital counterparts too. Online current accounts are one such innovation gaining immense popularity in recent years. IndusInd Bank Online…
Read moreWhat are the average monthly balance required in online current account?
Posted on Sunday, June 30th, 2024 |
Online banking is a term that has become increasingly popular, offering convenience and accessibility to users worldwide. Current account, amongst the various types of accounts available, stands out as a key financial tool for businesses, entrepreneurs, and individuals needing frequent transactions and flexibility in managing their finances. However, Average Monthly Balance (AMB) is one of…
Read moreHow can you get a FSSAI license made for your business?
Posted on Sunday, June 30th, 2024 |
In the dynamic landscape of the dynamic food industry of India, compliance with regulations is of paramount importance to ensure consumer safety and trust. Obtaining the Food Safety and Standards Authority of India (FSSAI) license for your food business is one such crucial requirement. It not only legalizes your operations but also signifies your commitment…
Read moreHow can you get a Shop and Establishment certificate (SNEC) made for your business?
Posted on Thursday, June 6th, 2024 |
Setting up a shop in the bustling world of entrepreneurship can be an exhilarating endeavor and obtaining a Shop and Establishment Certificate (SNEC) is one crucial administrative task. It is not only a legal requirement in many jurisdictions but also a testament to your business’s legitimacy. So, without further delay let’s delve into the process…
Read moreHow can you get a GST certificate made for your business?
Posted on Thursday, June 6th, 2024 |
Staying compliant with regulatory norms is of paramount importance in the dynamic landscape of business operations. One such crucial requirement is obtaining a Goods and Services Tax (GST) certificate, especially for businesses operating in India. It basically serves as a proof of registration under the GST regime. Just like a current account, a GST certificate…
Read moreKnow about Online Current Account Charges and Limits: Cash Deposits and Withdrawals
Posted on Monday, June 3rd, 2024 |
In the ever-evolving landscape, digital current accounts are becoming more accessible and convenient to manage finances. However, current accounts often come with a certain transaction limit to ensure security and prevent frauds to maintain the overall stability of banking operations. Let’s delve deeper into understanding daily transaction limits and how users can navigate them to…
Read moreDocuments Required to Open an IndusInd Bank Online Current Account
Posted on Monday, June 3rd, 2024 |
A current account is a type of bank account primarily used for day-to-day financial transactions. Current accounts are intended for frequent transactions such as deposits, withdrawals, and payments unlike savings accounts, which are designed for saving money over time and often offer interest on deposits. Just like opening a traditional bank account, there are specific…
Read moreHow can you Access your Online Current Account?
Posted on Monday, June 3rd, 2024 |
Managing finances has never been easy but thanks to online banking in the digital age of today, it is getting more and more convenient. With just a few clicks or taps, you can access your current account from anywhere, any time and check your balance, transfer funds, or review transactions. Business owners, merchants and retailers…
Read moreNon-maintenance charges on online current account with IndusInd Bank
Posted on Monday, June 3rd, 2024 |
Online banking has become an indispensable part of our lives, especially for businesses, in today’s digital age. IndusInd Bank like other banking institutions in India, offers online current accounts tailored to meet the diverse needs of businesses. One of the key charges that account holders need to be aware of is non-maintenance charges applicable when…
Read moreApply for an Online Current Account in simple steps
Posted on Monday, June 3rd, 2024 |
In the realm of economics, a current account encapsulates various transactions involving goods, services, income, and transfers between businesses in a country and its international counterparts. This blog delves into what a current account is and how opening a current account with IndusInd Bank can elevate your business banking experience. We will also take a…
Read moreWhat are the Transaction Limits on an Online Current Account?
Posted on Wednesday, April 17th, 2024 |
Current accounts are essential for bank account holders and businesses as they offer different transactional and financial facilities. However, you must understand the current account transaction limit and restrictions before signing up for one. A limit on current accounts maintains the overall stability of the banking system, prevents fraud, and ensures security. This blog will…
Read moreHow Can I Earn Interest with Auto-Sweep Facility on an Online Current Account?
Posted on Wednesday, April 17th, 2024 |
Current accounts are the bank accounts used by large and small businesses. These accounts help companies carry out business transactions. Open a current account online if you own a business and regularly transfer large sums of money. One of the different facilities banks offer for account holders is the current account with a sweep facility….
Read moreExploring UPI: Can Current Account Holders Utilise It?
Posted on Wednesday, April 17th, 2024 |
Payments are an important aspect of banking. In earlier days, most bank transactions were made by visiting banks and filling out a form, but the process has got much faster now. The Unified Payments Interface (UPI) transformed global transactions just as the internet revolutionised computing. Convenience and fast-paced technology led to millions of transactions worth…
Read moreDo’s and Don’ts of Getting a Current Account
Posted on Wednesday, March 6th, 2024 |
Whether you’re a seasoned businessman or a budding startup owner, you would agree that you need a current account to manage your finances effectively. In simple terms, a current account serves as a financial hub for businesses, allowing seamless transactions, overdraft facilities, and other services. With a myriad of banks available to open current accounts…
Read moreChequebook: Why It Still Matters in a Digital World
Posted on Wednesday, March 6th, 2024 |
Cheques are common payment instruments that make transactions simple for customers. Despite the rise of digital banking, cheques are still a crucial part of the banking industry. They are used for a variety of transactions, from small to large amounts. In this blog, we will look at why cheques still matter in the banking industry…
Read moreWhy Growing Businesses Should Go For Current Accounts with Dynamic Cash Deposit Limits
Posted on Wednesday, March 6th, 2024 |
The need for financial agility and flexible banking has never been greater. For growing businesses in India, efficiently managing their finances and cash flow is essential. While we are moving towards digital banking, the importance of cash and related transactions cannot be undermined, especially for businesses that directly deal with end customers. One innovative banking…
Read moreThe Importance of Overdraft Facility in Current Account
Posted on Wednesday, March 6th, 2024 |
Current accounts serve as a cornerstone of banking for millions of business owners across India. You use these accounts to receive client payments, pay bills, and manage everyday transactions. Yet, nestled within this familiar framework lies a feature that holds significant importance over your financial well-being: the overdraft facility. Essentially, an overdraft facility acts as a…
Read moreHow are Current and Savings Account Different – All You Need to Know
Posted on Wednesday, February 28th, 2024 |
Imagine you’re saving up for a big trip. Your current account is like a piggy bank, slowly filling up with spare change. It’s convenient for everyday expenses but doesn’t grow much. On the other hand, your savings account could be like a treasure chest, where your money can grow over time. Most people do not…
Read moreHow to Deal with Low Balance in Your Current Account?
Posted on Monday, February 12th, 2024 |
For any business, having robust cash flows and optimizing working capital is crucial for smooth operations and growth. However, several businesses struggle with low or negative balances in their current accounts at times, restricting their ability to meet financial obligations and invest for the future. Let’s delve deeper into understanding the key reasons behind the…
Read moreAll You Need to Know about Current Accounts
Posted on Monday, February 12th, 2024 |
What is a current account for you? Ask this, and you will hear different stories. For a business owner, it’s a lifeline for daily transactions. A budding entrepreneur might see it as a distant concept linked to future ambitions. Even a freelancer may see it as a way to handle numerous payments. Each perspective highlights…
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