InCred Money: Best FD App 1.15

InCred Money is a comprehensive platform designed for intelligent investing in high-interest Fixed Deposits regulated by the RBI. The platform is utilized by over 150,000 users with assets under management totaling ₹1,250 crore. InCred Money features an intuitive interface, expert insights, and a wide range of investment options.

Reasons to Consider InCred Money:

• Trust and Regulation: InCred Money has garnered the trust of over 150,000 users and an assets under management exceeding ₹1,250 crore. The platform boasts a flawless track record of on-time payments. Fixed Deposits on InCred Money are overseen by the Reserve Bank of India.
• Accessible Investment Opportunities: InCred Money provides access to multiple Fixed Deposits all within one application. Users can invest in high-interest FDs offered by banks and NBFCs without the need to open a new bank account, facilitating portfolio diversification in less than 5 minutes.
• Expert Guidance: A dedicated team of financial experts simplifies the investment process on InCred Money, offering the necessary guidance and insights for making informed decisions and achieving financial success.

If you require more reasons to invest:

• Explore high-interest fixed deposits provided by banks and NBFCs.
• Up to ₹5 lakh insurance by DICGC on Bank Deposits per PAN per bank.
• Receive an Amazon voucher worth ₹250 upon booking your initial bank FD.
• No necessity to open a new Savings Bank Account for FD investments.
• A seamless investment process that takes less than 5 minutes.
• A completely digital process avoiding traditional paperwork hassles.
• Exceptional customer support ensuring a smooth investment experience.
• No defaults recorded to date.

The process for booking an FD on the InCred Money App is as follows:

1. Sign up utilizing your Aadhar-linked mobile number.
2. Compare and select from the best high-interest FDs offered by Banks and NBFCs.
3. Select the tenure and enter the amount as per your preference.
4. Provide your Aadhaar and PAN number details.
5. Complete the booking by making the required payment.

What are Fixed Deposits?

Fixed Deposits (FDs) are financial tools offered by banks and financial institutions where individuals deposit a specified amount of money for a fixed period at a predetermined interest rate. In return, investors earn interest at a set rate until maturity, at which point the institution returns the original principal along with the interest accrued. Fixed deposits are also known interchangeably as term deposits.

InCred Money offers high-interest fixed deposits through an entirely paperless investment process that is deemed safe and secure.

Who can issue Fixed Deposits in India?

• Scheduled Commercial Banks: All scheduled commercial banks in India, inclusive of Public Sector Banks, Private Sector Banks, Foreign Banks, Cooperative Banks, and Small Finance Banks such as SBI, ICICI Bank, HDFC Bank, Utkarsh SF Bank, Shivalik SF Bank are authorized to offer fixed deposits, overseen by the RBI.
• NBFCs: Non-Banking Financial Companies with specific authorization and investment-grade ratings granted by approved credit rating agencies can issue FDs. These institutions undergo stringent regulatory processes set forth by the RBI. NBFCs like Bajaj Finance Ltd. and Shriram Finance Ltd. issue Corporate Fixed Deposits that closely resemble bank fixed deposits.

How to become an InCred Money Pro?

Invest ₹5 lakh in FDs to attain the status of an InCred Money Pro Member. Once you achieve this status, exclusive benefits await:

• Early Access to all new Corporate Bond launches
• Dedicated Relationship Manager
• Invitations to Exclusive Events, Workshops & Webinars

Join our thriving community of investors on InCred Money to grow your finances securely. Your financial well-being is of utmost importance, and we aim to empower your money holdings effectively. Embark on your enhanced investment journey today. 🚀

If you have any questions, queries, or suggestions, please feel free to contact us at [email protected]. 📧