How can you level-up your FD investment?
An honest Q&A with me
I often joke that founders in the early stages are stand-ins for customer support.
The demand and love for FDs we’ve seen at Stable Money over the past twenty days have been beyond even our expectations. We have 30,000+ customers already 🥁
In fact, most of our team is on customer support ensuring that your questions are answered!
Today, I want to take some time out to have an honest conversation with you 🦋
Tell me honestly, why should I do an FD?
Fixed-return instruments are like the tree trunk of your portfolio. They’re the foundation for long-term growth.
With rates as high as 8.5% (quarterly), effectively an 8.77% annual yield, FDs deserve to be a top choice while building your portfolio.
At Stable Money, we’re bringing you the highest rates, that were not easily accessible before.
Your FD investment can now go neck to neck with many mutual funds and P2P investment options. This is a cosmic shift 🌟
Furthermore, it’s supported by the central bank’s policy! FD rates are the highest they’ve been in a decade so it’s the best time to double down on them.
I’m used to making FDs the old way, why should I book them on Stable Money?
You can easily invest in banks that offer the highest interest rates. It’s like when single-hall cinemas got turned into multiplexes!
The best part is that you can use your existing bank account. There’s no need to open a new current or savings account in different banks like you used to do…
Feels too good to be true? Check out what our customers say about their booking experience: https://bit.ly/bookingonstablemoney
What’s Stable Money’s relationship with banks?
You can think of us as the friend in the group that gets along with everyone! We help grow your wealth and we partner with banks to make your job easier.
When you invest via Stable Money, your money directly goes to the bank. In case of withdrawal or maturity of your FD, the bank will send the amount directly to your account.
Plus, your FD receipts will come from the bank as per usual.
How does the 5 lakh RBI insurance benefit me?
Every bank is RBI insured up to 5 lakh per bank. Since this includes small finance banks, you can put your money in banks offering you the best rates.
To make the best use of 5 lakh insurance, you can book multiple FDs in different banks from the Stable Money app.
You’ll still need only one bank account and you can track multiple FDs on the app 💯
Can I withdraw my money easily?
Of course, your money is entirely in your control.
Post the agreed-upon lock-in period, you can easily withdraw your money. Each bank has a different returns policy and they’re declared upfront on the bank pages in our app!
I wanted to write this newsletter personally for you, so if you have any questions or feedback, please do write to me at saurabh.jain@stablemoney.in
P.S. Thank you for the support so far ✨
Best,
Saurabh