Can I make monthly investments in FD?
Thank you for reaching out to us. Currently we don't have RDs on the platform; but we have just started and are open to suggestions!
However, should you want to: you can book small FDs every month. Once you complete your VKYC with any Bank on our platform or make one booking with Bajaj/Shriram: the next time you're on the app it takes less than a minute to book an FD with them. This is because Aadhaar verification and other steps are reduced once done with respective banks. Maybe you could give it a shot but we understand it's not the same as auto-debit from account.
Hope this helps!
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Why should I invest in FD on Stable Money?
Stable Money is you home for safe investments, with easy access to most sought after FD rates. Built with dedication by people like you, who have tried, tested and seasoned on investment journey of 20+ years. We know you need a stable companion for ...
Can I withdraw my FD before maturity?
Yes, you can withdraw your FD before its maturity. The withdrawal criteria may be different depending on the bank. See details below: Utkarsh Small Finance Bank Withdrawal allowed: After 7 days, Invested amount: No penalty, Interest earned: No ...
Can I pay with someone else's bank account for my FD?
No, you must make sure to pay from your own bank account when booking your FD. As per the bank's compliance, we verify that the bank account belongs to the same person whose PAN and Aadhaar are used to book the FD.
Can I open a minor FD?
Currently, FD booking for minors is not possible from the Stable Money app.
Can I start a NRI FD?
Currently, FD booking for NRIs is not possible from the Stable Money app.