Can I pay for my FD with NRE / NRO account?
No. Currently, booking an FD using an NRE or NRO bank account is not supported.
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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.
I already have an account with the bank, can I book FD from Stable Money?
Yes, you can book an FD from the Stable Money app irrespective of having an existing bank account with the bank. If you already have an account with the bank, your KYC process will be shorter!
Is there a savings account opened for me when I book an FD?
We do not open a new savings account for you if you book an FD with any Bank or NBFC. You do not even need to have an existing relationship with the bank to book FD from the Stable Money app.
What happens after my FD is matured?
Thank you for reaching out to us. After your FD matures, the FD provider will credit your maturity amount directly to the same bank account from where you paid. Hope this helps!
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 ...