Launched in September 2023, Stable Money is India’s 1st digital platform, focusing on fixed-income investment securities. It is one of the most reliable fintech marketplaces offering Indian investors access to different fixed deposit schemes, debt mutual funds and bonds. Keep reading to find out more information about this online investment platform.
What Are the Services Offered by Stable Money?
Here is a list of services you can avail by downloading the Stable Money App.
1. Online FD Booking in Banks
Through Stable Money, FD investors get to compare interest rates provided by several leading banks and financial institutions in India. Moreover, the Stable Money App streamlines the process for individuals to book FD schemes, allowing them to start their investment within just 3 minutes while avoiding the hassle generally associated with the traditional documentation process.
2. Online Tax Saver FD Bookings in Banks
Stable Money has come up with a tax-efficient investment avenue, making tax planning a more attractive approach for Indian investors. Such individuals can easily invest in tax-saving FDs offered by some popular banks or NBFCs in India and gain tax benefits worth ₹1.5 lakhs in a financial year.
3. Check Your Credit Score Online
Besides FD booking, you can also utilise the Stable Money platform to access credit-related services such as checking and monitoring credit scores online. This will help you determine your financial health instantly if you plan to apply for a loan.
The Stable Money App is readily accessible online and can be easily downloaded from your preferred device, be it Android or IOS. Get the download links below and kickstart your financial journey through this app.
4. Loans Against Securities (Coming Soon)
Stable Money is gearing up to introduce a Loan Against Securities (LAS) facility, intending to offer additional financial assistance to investors. This upcoming feature will enable individuals to pledge their existing securities held with various banks or financial institutions.
5. Bonds (Coming Soon)
Other than the above-mentioned services, Stable Money is also planning to launch its Bonds Platform. For more updates and information, users are encouraged to stay tuned to the Stable Money website.
How to Download a Stable Money App?
Is Stable Money App Safe and Secure?
The following are the features that contribute to Stable Money being considered a safe and secure platform.
- All the banks that have partnered with Stable Money are regulated by the Reserve Bank of India (RBI).
- Moreover, these banking partners are insured by RBI’s DICGC subsidiary up to ₹5 lakhs.
- Upon maturity, Stable Money facilitates a direct transfer of the FD investment from the partner bank to the investor’s bank account.
- The Stable Money team places the utmost priority on user data security, thereby maintaining a robust and advanced technological backend.
Which Are the Banks and NBFCs Available to Book FD on the Stable Money App?
Let us take a look at the list of banks and NBFCs offering online fixed deposit bookings via the Stable Money App.
Banks
- Utkarsh Small Finance Bank Limited
- Fincare Small Finance Bank
- Shivalik Small Finance Bank
Non-Banking Financial Companies
- Bajaj Finance Limited
- Shriram Finance
What Is the Golden Ticket Program on the Stable Money App?
The Golden Ticket Program of Stable Money is an exclusive club for potential investors who can invest more than ₹3 lakhs in the FD schemes. In return for this investment, the platform offers the following benefits.
- Chance to win an iPhone 15
- Assistance from a dedicated Relationship Manager, taking care of all your investment needs
- Early access to new launches, be it product or services
- Get invited to exclusive events, such as podcasts & AMAs, with industry experts
Final Word
With Stable Money, you can embark on a secure investment journey starting from streamlined FD bookings to reaping benefits from bonds and loans against securities. Download the app today to enjoy a diverse range of features without any hassle or worries.
FAQ
No, you cannot get a regular loan from the Stable Money App. However, you can get a loan against mutual funds, a facility which will be launched shortly.
Yes, FD investors can easily withdraw their funds via the Stable Money App anytime upon completing the lock-in period.
Yes, an FD investor can compare the interest rates offered by the different banks and NBFCs at once through the Stable Money App.
The Stable Money App assists investors in selecting an appropriate FD scheme by recommending the best options, tailored to their investment horizon, age group, and investment amount.
