What is a Non-Callable Fixed Deposit?

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Do you want to invest in a fixed deposit but are worried about withdrawing it before maturity? A non-callable fixed deposit may be the correct option for you. But what exactly is it, and why must you consider it?  In simple words, a non-callable deposit is a kind of fixed deposit where the investor is…

Fixed Deposit Interest Calculation – Simple vs Compound Interest

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Investing your hard-earned money in the right investment avenue is crucial for financial growth, and Fixed Deposits (FDs) have long been a popular choice for several types of investors.   When you invest in an FD, your money earns a fixed amount of interest over a specified tenure. Banks calculate the interest on your FD in…

Pay Your Electricity Bill with a Credit Card

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Paying your electricity bill is a recurring task. But there is no bypassing it. However, if you want to simplify the process, you can choose to pay your electricity bill with a credit card. Doing so comes with several benefits – from earning reward points to better financial management. Also, with IndusInd Bank offering seamless…

How Does Credit Authorisation Work in Credit Card Transactions?

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If you use a credit card, you would be familiar with the concept of ‘credit card authorisation’. It is essential that you have a successful credit card authorisation when you make a payment through your credit card. Whether you are shopping online, booking a flight, or dining at a restaurant, your credit card must go…

Smart Spending: The Advantages of Using Credit Cards for Payments

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Personal finance is an important aspect of life that requires attention. Juggling various expenses with a limited income is tricky. With regular expenses, splurges, and surprises, a good credit card can help. Credit cards offer more than just a convenient way to pay. They provide features that help you manage your money efficiently. Also, they…