I already have an account with the bank, can I book FD from Stable Money?

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!
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    • Who has my money when I invest in FD on Stable Money?

      When you invest, your money is directly sent to the bank. Your money stays and compounds with the bank until your FD has matured or upon your withdrawal. Stable Money never holds any of your funds. When you withdraw, the bank will send the maturity ...
    • 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 ...
    • 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.
    • 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 book a joint account FD?

      No, currently Joint FDs cannot be booked via the Stable Money app. Only Individual FDs are available.