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Blog Collection

How Digital Technology Has Revolutionised the Online FD Opening Process

Posted on Wednesday, September 27th, 2023 | By IndusInd Bank

How Digital Technology Has Revolutionised the Online FD Opening Process

From hassle-free online booking and document submission to instant approvals, the adoption of digital technology has transformed the online FD opening process and made financial planning convenient for customers. Opening a fixed deposit FD account at a bank was once considered tedious and time-consuming. It involved multiple visits to the bank, a tonne of paperwork,…

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Category : Investment

Navigating Senior Citizen Fixed Deposits: A Comprehensive Guide

Posted on Wednesday, September 20th, 2023 | By

Navigating Senior Citizen Fixed Deposits: A Comprehensive Guide

Summary: From higher interest rates and guaranteed returns to tax advantages, senior citizen fixed deposits provide a range of benefits for a stable financial path after retirement. As people get closer to retirement, the way they manage their finances changes. While the income flow from jobs may decline, focus often shifts to finding ways to…

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Category : Investment

What Is the Importance Of CBDT?

Posted on Monday, August 21st, 2023 | By IndusInd Bank

What Is the Importance Of CBDT?

The importance of CBDT lies in ensuring effective tax collection and maintaining tax compliance for the country’s economic growth and development. Taxation is an essential aspect of every nation’s economic structure. It is a crucial source for the government to fund public services, infrastructure development, and social welfare programmes. The Central Board of Direct Taxes…

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Category : Investment

Is CBDT Tax Direct or Indirect?

Posted on Saturday, August 5th, 2023 | By IndusInd Bank

Is CBDT Tax Direct or Indirect?

The Central Board of Direct Taxes (CBDT) is a statutory body under the Department of Revenue in the Ministry of Finance. CBDT oversees the complete administration of direct taxes in India through the Income Tax Department. Pay your direct taxes to CBDT with IndusInd Bank’s smooth payment process. Central and State Governments in India collect…

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Category : Investment

Pros & Cons of FD Laddering

Posted on Thursday, July 27th, 2023 | By IndusInd Bank

Pros & Cons of FD Laddering

Fixed deposit laddering is a strategic investment technique that involves dividing your investment into schemes with varying maturities. This is done to improve liquidity and optimise returns at fixed FD interest rates. Apply for FD schemes with varying tenures at IndusInd Bank to optimise FD rates of return. Fixed Deposits (FDs) are by far one…

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Category : Investment

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