Yes, it is safe. Shivalik SF Bank is regulated by the RBI, and deposits are insured up to ₹5 lakh by the RBI's wholly owned subsidiary, DICGC. The bank has 164 branches, over ₹2,500 crore in assets under management, and more than 8 lakh customers.

RDs let you invest a fixed amount monthly into a single deposit account. Upon maturity, your total investment plus interest is credited to your savings account. Each installment earns interest based on how long it remains in the deposit.

You can withdraw your FD anytime after 7 days of booking on the Stable Money app.

Follow these simple steps to withdraw your FD:

1. Go to Passbook.
2. Click on your bank FD, or go to My Investments and select your specific FD.
3. Scroll down and tap on Break FD.
4. Confirm your withdrawal bank (or choose a new one).
5. Tap Continue on the Rate of Interest display.
6. Slide to withdraw your FD amount.

Your invested amount will be credited to your chosen bank by the end of the next day.

Shivalik SF Bank allows investments through both UPI and Net Banking.

UPI: If you choose UPI as the payment method, you can book an FD of up to ₹1 lakh. All popular UPI apps are supported, including Paytm, Google Pay, PhonePe, and many others.

Net Banking: For transactions of ₹80,000 or above, you can use Net Banking as the payment option. All major banks support Net Banking services.