A non-performing asset meaning states that a borrower has taken a loan and fails to repay the EMI on time. While lenders are lenient if you miss one or two EMIs, NPA can have some serious consequences for the borrower. The borrower can face a decreased credit score and lowered creditworthiness. On the other hand, …
Continue reading “What is a Non-Performing Asset? Important Facts to Know”
An NBFC loan is a quick solution to get the credit you need to cover personal expenses. NBFCs or Non-Banking Financial Companies are growing in popularity, thanks to fintech advancements and online lending platforms. These financial companies are also making credit more accessible to Indians, thereby promoting financial inclusion. Considering this, there are many advantages …
Continue reading “NBFC Loan: Know what it is, its benefits and more”
What is mobile banking? As the name suggests, mobile banking enables you to carry out banking transactions on your mobile device, be it a smartphone or a tablet. All you need to do is enable banking transactions is access the Internet. Mobile banking in India has spread across all demographics. According to one survey, 31% …
Continue reading “What is Mobile Banking? Get an overview of types, benefits and more”
A retail loan is a popular financing option that allows you to meet your needs stress-free. Getting such a loan expands your purchasing power. This way, you can make a small ticket or big-ticket purchases without worrying about funds at your disposal. Retail loan, meaning a loan offered to regular customers, offers you complete freedom …
Continue reading “Retail Loan: What is it, its types, benefits and more”
Knowing what is e-Mandate and its benefits can help you make payments more conveniently. Before the dawn of the digital era, you had to make payments in person or through cheques. Today, with a range of electronic payment options, you need not worry about writing a cheque or visiting your bank. You also need not …
Continue reading “What is e-Mandate: Get a snapshot of its process, benefits and more”
Planning a bank visit in 2026? Before you step out, it’s important to know when banks are closed. In India, bank holidays aren’t random; they follow an official calendar issued by the Reserve Bank of India (RBI). This bank holiday list 2026 includes national holidays, state-specific holidays, 2nd and 4th Saturdays and Sundays. Knowing the …
When you open a bank account, you receive multiple details like your account number, IFSC code, branch code and more. But there’s one important ID most people overlook—the CIF number. This 11-digit code stores your entire banking profile in one place and helps the bank identify you across all accounts and services. If you’ve ever …
Continue reading “What is CIF Number? CIF Full Form, Meaning & How to Locate It”
As an IndusInd Bank customer, you can now get quick assistance with your queries and concerns through 24×7 toll-free customer care numbers. Whether you need help with phone banking, credit card services or NRI banking, you can skip long processes and get instant solutions over a call. These helplines ensure round-the-clock support, making banking easier …
Continue reading “IndusInd Bank Toll-Free Number – 24×7 Support for Credit Card & NRI Customer”
The current IndusInd Bank Fixed Deposit interest rate makes it an attractive investment option. You can earn up to 8.25% interest on an FD with the bank. This makes your investment safe, giving you steady returns until maturity. So, along with capital appreciation, you can keep your savings protected from erosion due to market factors. …
A DD is one of the most reliable banking tools for secure money transfers. The DD full form is Demand Draft. It’s a prepaid instrument where the amount is deducted from your account at the time of issue. So there’s no risk of the payment bouncing later. Even with online payments becoming more common, DD …
Continue reading “DD Full Form & Demand Draft Meaning Explained – Complete Guide”