What is Total Relationship Value in a Savings Account?

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Summary Total Relationship Value represents the combined value of assets and banking products you hold with a bank. It may include balances in your savings account, fixed deposits, recurring deposits, investments, and other eligible products. A higher TRV can help customers access premium banking services and relationship-based benefits. Bank look at multiple things when you…

Boost Your Returns: The Power of Laddering Fixed Deposit Investments

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Summary Fixed deposit laddering involves spreading your funds across multiple FDs with different tenures instead of locking them into a single FD. This approach maximises returns, improves liquidity, and reduces interest rate risks. IndusInd Bank offers attractivefixed deposit interest rates along with flexible tenure options, auto-renewal features, and a 100% online application process. Fixed deposits…

Difference Between a Certificate of Deposit and Fixed Deposit

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Summary A certificate of deposit and a fixed deposit are both popular debt instruments that offer assured returns for a specified tenure. Certificates of Deposit, which are controlled by the RBI, have a maximum investment period of 12 months and offer a comparatively higher rate of interest. Fixed deposits are known for their flexibility in…

What are the New UPI Payment Rules in 2026?

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Summary UPI remains free for customers for most everyday transactions, including person-to-person (P2P) transfers and merchant payments up to ₹2,000. From October 15, 2026, a 0.4% MDR applies to certain merchant transactions above ₹2,000, with a maximum cap of ₹300 per transaction. The MDR framework primarily affects the merchant payment ecosystem and is not a…

Fixed Deposits for Senior Citizen: How to Use Sweep in/Sweep Out Facility?

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Summary Sweep-In/Sweep-Out facility links a savings account with a fixed deposit. Senior citizens can earn FD interest rates on surplus balances and the auto-reverse sweep facility provides seamless access to funds when required. Senior citizens may be eligible for preferential FD interest rates offered by banks. It is suitable for retirees seeking both accessibility and…