Difference Between Fixed Deposit and Life Insurance

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Two popular options often come to mind when planning for a secure financial future: life insurance and fixed deposits (FDs). While both serve to protect your finances, they have distinct purposes, advantages, and features. Knowing these differences is crucial. It will help you make an informed decision that matches your financial goals. In this blog,…

Fixed Deposit: Nominee vs Legal Heir

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Investing in fixed deposits (FDs) is popular for those seeking stability and guaranteed returns. However, understanding the roles of nominees and legal heirs in the context of FDs can be confusing. A common issue for many investors is the uncertainty about who will receive the FD (Fixed Deposit) funds in the event of their demise….

How to Download a Fixed Deposit Interest Rate Certificate?

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Fixed deposits are a popular investment. They offer good returns over time. However, if these returns exceed a threshold amount, they’re taxed. In that case, banks deduct the tax at source as per the Income Tax Act of 1961. For investors, the Tax Deducted at Source (TDS) certificate is important. It shows the tax deduction…

How Does a Fixed Deposit Account Work

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One of the best options for people seeking guaranteed returns is a fixed deposit. A fixed deposit account guarantees interest on the money deposited for a specified tenure. This means that the funds sitting idle in your savings account can generate higher returns if you open a fixed deposit. But how do FDs work, and…

What is the Fuel Surcharge Waiver on a Credit Card?

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Summary: A fuel surcharge waiver reduces or eliminates the fuel surcharge imposed on credit card transactions. It offers various benefits to credit cardholders, like cost savings, convenience, enhanced benefits, and more. With IndusInd Bank’s assortment of feature-rich credit cards, customers can further enhance their fuel spending and enjoy a variety of other perks. Credit cards…