Zero Balance Account or Normal Account: Which to Choose & Why
Posted on Wednesday, October 25th, 2023 |
The choice between a standard account and a zero balance account depends on your individual financial needs, ability to maintain a minimum balance, and preference for particular banking features and services. A savings bank account offers a secure platform for keeping your money and letting it grow steadily. Whether you are saving for the future…
Read moreFive Benefits of a Zero-Balance Savings Account No One Told You About
Posted on Friday, September 29th, 2023 |
Using a savings account is a hassle-free experience but you must maintain a minimum average balance. A zero-balance savings account allows you to use your funds without worrying about minimum balance requirements. IndusInd Bank presents Indus Delite, a zero-balance savings account with no minimum balance requirement and marked by competitive interest rates, cashback and deals,…
Read moreIndus Delite: A Savings Account Tailored for Modern Banking Needs
Posted on Wednesday, July 26th, 2023 |
From the process of opening to operating, the Indus Delite Savings zero balance Account comes with a gamut of specific and general features and benefits that make it apt for modern banking needs. It is difficult to say whether the banking sector has transformed itself to fulfil evolving customer needs, or the banking needs of…
Read moreImportance of Zero-Balance Account for Low-Income Individuals
Posted on Friday, May 26th, 2023 |
A zero balance account is important for low-income individuals for the following reasons: a) there is no minimum account balance requirement b) interest rates are attractive c) it gives access to a multitude of banking services d) it is easy to open with simple eligibility criteria e) there are exclusive deals & offers to be…
Read moreBenefits of Zero Account Opening Online for Small Business Owners
Posted on Thursday, May 11th, 2023 |
The key benefits of opening a zero balance account for small business owners are: saves costs, simplifies book-keeping, saves time & facilitates transactions with ease, offers extra benefits, and is easy to open. Get maximum benefits with minimum costs with the Indus Delite zero balance account. For an overwhelming majority of micro and small businesses,…
Read moreWhat are the Benefits of Having Multiple Savings Accounts
Posted on Friday, April 21st, 2023 |
Saving money is a fundamental financial habit that empowers you to create a safety net for emergencies, invest in your future, and achieve financial milestones. A savings account serves as a foundation for building a strong financial portfolio and helps you inculcate disciplined saving habits. Let’s first understand a bit more about savings account. A…
Read moreHow to Avoid Common Savings Account Mistakes
Posted on Thursday, April 20th, 2023 |
Savings are an essential part of personal finance and play a vital role in achieving financial security. Saving money allows you to build an emergency fund for unexpected expenses, invest in your future, and achieve long-term financial goals, such as buying a house or retiring comfortably. Savings also provide a safety net during tough economic…
Read moreBasic Savings Account (BSBD) – The pros and cons of Zero Balance Savings Account
Posted on Saturday, January 14th, 2023 |
If you’ve ever browsed online for a zero-balance savings account, you may have come across basic savings bank deposits, or the BSBD account. The basic savings account offers certain minimum facilities, free of charge, without any requirement of minimum balance. It was designed to provide most basic banking services to the impoverished section. Apart from…
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