Procedure to open an NRE account online
Posted on Saturday, March 9th, 2024 |
(Please ensure to use the Apply Now, Apply Today , Apply today with IndusInd Bank Call-To-ActionA Non-Resident External account is a type of bank account that can be opened by Non-Resident IndiansNRIs to manage their earnings and investments in India. The process of opening an NRE account onlineis quite simple. The advantages of an NRE…
Read moreTips on How to Recharge FASTag in 3 Different Ways
Posted on Friday, March 8th, 2024 |
Summary: Mandated by the Indian government, FASTag simplifies toll payments, saving precious time and fuel for commuters. To ensure your wallet has sufficient funds for toll payments, recharge your FASTag online and offline with IndusInd Bank in three simple ways. If you do not own a FASTag, apply through IndusInd Bank’s official portal for smooth…
Read moreHow to Choose the Ideal Tenure for Your Loan Against Property
Posted on Thursday, March 7th, 2024 |
Summary: When applying for a loan against property, a critical decision that you need to make is selecting the tenure. This decision influences not just your monthly EMIs but also the overall cost of borrowing. Contrary to popular belief, opting for the maximum tenure offered by your lender may not always be the best choice…
Read moreThe Major Benefits Of An NRE Account Deposit
Posted on Wednesday, February 28th, 2024 |
As the global economy continues to be in a state of flux, more and more individuals are looking to invest their money somewhere safe and secure. If you are an NRI looking to take advantage of high-interest rates on foreign deposits in India, a Non-Resident External (NRE) account deposit may be the solution you’ve been…
Read moreWhy Do Banks Need Special Approaches To Manage NRI Banking?
Posted on Tuesday, February 27th, 2024 |
As Non-Resident Indians (NRIs) increasingly look for investment opportunities in their home country, banks must develop special approaches to cater to this segment’s unique needs and preferences. IndusInd Bank offers different types of NRI bank accounts that NRIs can choose from. As the world becomes increasingly globalised, more and more people are moving across the…
Read moreKnow the Different Types of Credit Scores
Posted on Monday, February 26th, 2024 |
In India, credit scores have a substantial influence over various financial transactions, from securing loans to renting accommodations. Understanding the diverse range of credit scores prevalent in the country empowers individuals to manage their finances effectively. Let’s delve into the various types of credit scores. CIBIL Score The Credit Information Bureau (India) Limited, commonly known…
Read moreWhat are FASTags, and How Can It Help to Track a Vehicle?
Posted on Monday, February 26th, 2024 |
FASTags facilitate quick and convenient toll payments across state and national highways in the country. First introduced in 2014 as a cashless model to allow digital payments at toll booths, it uses Radio Frequency Identification (RFID) technology to automatically deduct payments from the linked prepaid account. Using this technology, FASTag can also help businesses and…
Read moreGuidelines to Transfer Money from Abroad to India
Posted on Saturday, February 24th, 2024 |
NRI remittances are transfers of money from abroad to India through authorised providers approved by the Reserve Bank of India. Such transfers are known as “inward foreign remittances” or “inward remittances.” For instance, if you live in London and regularly send money to your family in India, the money they receive every month would be…
Read moreHow will FASTag mandating affect India?
Posted on Friday, February 23rd, 2024 |
FASTagis an easy-to-use tag affixed to your vehicle’s windshield. It eliminates the need to pay in cash at state and national highway toll booths, streamlining the travel experience. Mandated for four-wheelers in 2021, FASTag has since resulted in many benefits for Indian consumers – reduced congestion, traffic, and waiting times. Apply for a FASTag with…
Read moreInternational Money Transfer Tips Every NRI Should Know
Posted on Thursday, February 22nd, 2024 |
Are you an NRI looking to make international money transfers? Whether sending money to family or investing in a business opportunity, navigating the world of international money transfers can be overwhelming. Fortunately, there are several essential tips and best practices that every NRI should know to make the process as simple and cost-effective as possible….
Read more6 Tips for Using Credit Cards While Travelling
Posted on Wednesday, February 21st, 2024 |
Summary: Credit cards are the ideal travel companions for frequent travellers. These tools make financial management easy while offering convenience and a range of perks. However, it’s important to exercise financial prudence while using them. This includes understanding and utilising card benefits, setting spending limits, avoiding excessive cash withdrawals, and choosing credit cards that offer…
Read moreBest Forex Cards in India All You Need to Know
Posted on Monday, February 19th, 2024 |
Summary: From hassle-free international transactions and competitive exchange rates to easy cash withdrawals from ATMs, the Indus Multicurrency Forex Card ensures financial flexibility abroad. If you are an avid traveller and conduct transactions in foreign currencies frequently, you need a reliable financial management solution. Among the options available, forex cards have emerged as a popular…
Read moreForex Card or Cash Which is Better
Posted on Thursday, February 15th, 2024 |
Summary: While cash offers a sense of familiarity in a foreign land, Forex cards are more secure and efficient. They protect you against exchange rate fluctuations and are widely accepted across stores, restaurants, and ATMs. With the Indus Multicurrency Forex Card, users can also enjoy added perks like instant SMS alerts, online tracking, and greater…
Read moreBest Credit Cards for Utility Bill Payments
Posted on Friday, February 2nd, 2024 |
Credit cards have become an indispensable tool in personal finances as they provide numerous benefits. Among various expenditures, utility bills occupy a recurring and significant position. Leveraging credit cards for utility bill payments not only streamlines the payment process but also enables financial flexibility and convenience. Let’s explore the features and benefits of some of…
Read moreHow much credit utilisation is good and will help improve my credit score?
Posted on Tuesday, January 30th, 2024 |
Embarking on the journey to understand credit utilisation opens doors to a world where managing your finances wisely becomes a powerful tool for shaping a robust credit score. In this blog, we’ll unravel the meaning behind an ideal credit utilization ratio, offering you insights into how this metric can significantly influence your creditworthiness. Read this…
Read moreUnderstanding the Relationship Between Premium Banking Services and High Net Worth Individuals
Posted on Saturday, January 27th, 2024 |
Indian banks perform two primary functions – receiving deposits and providing credit. Besides these, a bank typically issues drafts, transfers funds, offers foreign exchange services, and helps your funds grow, albeit at a low rate. Anyone can avail of all these banking services by physically visiting their banking partner’s nearest branch or connecting with them…
Read moreBike Loan – Instant Approval for Your New Bike Purchase
Posted on Wednesday, January 24th, 2024 |
Two-wheelers are a popular and favoured mode of transportation in India, serving as a reliable mode for daily commuting, and navigating congested traffic. However, the initial expense of purchasing a two-wheeler can sometimes pose financial challenges. If you wish to own a bike, a two-wheeler loan could be a convenient solution to financing your dream…
Read moreExplore Premium Banking Services in India – Accounts, Features and Benefits
Posted on Friday, January 19th, 2024 |
Indeed, a regular bank account will suffice if you want to save funds and keep track of your spending. However, if you want better perks, more convenience, and a seamless banking experience, you should get a premium banking account with your banking partner. Most banks in India will offer their premium banking services if you…
Read moreKnow How HNIs are Using Mutual Funds to Grow Their Wealth
Posted on Tuesday, January 16th, 2024 |
For decades, High Networth Individuals or HNIs have preferred to invest in physical assets, direct stocks, and equity with an aim to maximise returns. However, changing the financial landscape, most of these individuals are actively moving towards financial assets for wealth creation. Indeed, mutual Funds have emerged as the biggest player in this field, offering…
Read moreThe Best Savings Options for Pensioners
Posted on Wednesday, January 10th, 2024 |
Retirement, an important milestone in your life, is a time to relax and spend quality moments with family and friends. This is also a time when financial stability is essential. In India, as a pensioner, you have an array of options to choose from to place your surplus savings. The challenge lies in finding the…
Read more