The Impact of RBI’s Interest Rate Changes on Fixed Deposits

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Summary: RBI’s repo rate directly impacts fixed deposit interest rates. A high repo rate increases the cost of borrowing for commercial banks, leading to high interest rates on both customer loans and deposits. On the other hand, a low repo rate reduces the interest rate on loans and deposits. However, with IndusInd Bank, customers can…

Tax Saving Fixed Deposits A Smart Way to Save and Grow Your Wealth

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Summary: Tax-saving fixed deposits are a secure option to save on taxes while earning guaranteed returns. With a fixed interest rate, a 5-year lock-in period, and tax benefits, these fixed deposits offer predictable growth and stability.   Managing your money is crucial to building a secure financial future. Many individuals find it challenging to grow…

Credit Card Chargeback vs Refund

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If you use a credit card, you may often encounter situations where you need to reverse a purchase. This may be because you are dissatisfied with the product/service or there has been an error with that particular transaction. In such a situation, what you should do is file for a chargeback or a refund.  While…

How to Make Credit Card Bill Payment Online & Offline

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Paying your credit card bill on time is crucial for maintaining a strong credit score and avoiding late fees or penalties. Thanks to digital advancements in banking, one can now make their credit card bill payment online too. Alongside, there are still the conventional, offline methods of credit card bill payment for those who prefer…

Credit Cards with Zero Joining and Annual Fee in India

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In the rapidly evolving financial landscape of India, credit cards have transitioned from being a luxury to a necessity. They offer convenience, reward programs, and the ability to build a credit history. This makes them indispensable tools for managing personal finances. However, the joining and annual fees associated with credit cards can be a deterrent…