NBFC Loan: Know what it is, its benefits and more

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 …

What is Mobile Banking? Definition, How It Works, Types & Advantages 

Mobile banking is a digital banking service that allows you to access your bank account and complete financial transactions using a mobile phone or tablet. Through a bank’s official app, SMS, USSD, UPI or WhatsApp banking, you can check your balance, transfer money, pay bills, manage cards, download statements and raise service requests without visiting a branch.  In simple words, mobile banking helps you carry your …

Retail Loan: What is it, its 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 …

What is e-Mandate: Get a snapshot of its process, 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 …

What is CIF Number? CIF Full Form, Meaning & How to Locate It?

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 …

IndusInd Bank Toll-Free Number – 24×7 Support for Credit Card & NRI Customer

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 …

IndusInd Bank FD Interest Rates 2024

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.  …

What is Demand Draft (DD)? Meaning, Types, Charges & How to Make One 

A Demand Draft (DD) is a secure prepaid banking instrument used to transfer money to a person, business, institution or government body. It is commonly used for college fees, exam fees, application payments, property transactions, tender deposits and business payments where the receiver wants assured funds. Since the amount is paid to the bank before the DD is issued, there is almost no …

Account Payee Cheque: How to Write & How to Deposit in 2026

An account payee cheque is also known as a crossed check, which has two parallel lines mentioned on the top left. Between the two lines, you need to write ‘A/C payee’. Irrespective of many digital options, cheques are one of the popular ways of making financial transactions. One of the main reasons for choosing cheques …