What is compounding frequency of different FDs?
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.
Related Articles
Which FDs are insured by RBI?
Thank you for writing to us. All deposits with nationalised and private banks are insured by DICGC, a subsidiary of RBI. FDs on Stable Money with Utkarsh Small Finance Bank and Shivalik Finance Bank FDs are insured for up to ₹5 Lakhs. As per RBI, any ...
Which FDs require Video KYC?
Video KYC is a one-time bank-required process to approve your FD as per RBI regulations. Video KYC is needed if you - 1. Book your first FD with Utkarsh SF Bank of above ₹90,000 or a tenure of more than 1 year. 2. Book your first FD with Shivalik SF ...
Which FDs do not require Video KYC?
Video KYC is a one-time bank-required process to approve your FD as per RBI regulations. Video KYC is NOT needed if you - 1. Book your first FD with Utkarsh SF Bank for 1 year tenure and the amount is ₹90,000 or less. 2. Book your first FD with ...
Is there a monthly payout option available with FDs?
Is there a monthly payout option available with FDs?
How much amount can I invest in FDs?
How much amount can I invest in FDs?