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If u r a fan of the tata ecosystem u can do fd through Tata neu app also. They give extra 250 neucoins cashback and that fd counts for tier upgrade.

@TripleAce Yes, thanks for reminding, i completely forgot about the DIGC insurance, will keep that in consideration.
Also, I don;t think laddering will work right now because rate cuts, hehe. What do you think?

@aayusharyan if u dont have slice app yet then u r losing money on the table. Neat user interface with 8.5% fd interest. DM if u need referral bonus

@Dr.AMAN Yes, thanks for recommendation, I just checked Tata Neu, there rate of interest is max 8.2% for 5 years FD, Stable money is giving 8.25% for 3 years. So, I'd take cash over coins anyday, lol.

As you asked for slice SFB:

8.5% is good, better than Stable money. Will try this. Thanks.

@aayusharyan Which bank is it in stable money?

@Dr.AMAN It is also Slice. Wow.
So, I guess this is how Stable money is making their stable money, lol.

Then instead of going through stable money better open slice account and do the fd. Ur fd will add to the trv and u might qualify for the 3% CB on their rupay credit card

@aayusharyan - FD laddering is helpful in my case as there’s 1-2 FDs maturing every month and cash flow is stable.
I have not done any FD since the last 3-4 months because the current funds are parked in IDFC which gives a pretty good interest.
The only FD I did recently - That damned WOW story I told you about 😝😝

Yes, I too used to do laddering, but due to some events in 2023, i had to break those. Thankfully that's what a safety net is for.
Now, I am stable enough to restock my emergency funds. but this damn RBI is cutting rates now.

Stable Money has option to apply in various banks. Airtel Thanks, Flipkart Super Money app also has various FD options

@hitirfan yes, but I have a question, based on my research, i found that for each bank, i need to do KYC separately, is it true?

@aayusharyan - Rate cuts are not bad especially when you’re planning to get a home or car loan.
Only saving and not enjoying your life is a crime 😅
Get a Beemer 🤩

@hitirfan - Yes, VKYC for each bank!!

I did one ABCD - FD of 3 lac via Arindam referral 3 months back there is no extra cashback received @tharun , and before that he was promoting like anything and was responding to me on telegram, now he is not at all responding even after reading my msgs, so not trusting him....

@TripleAce Well yeah, my home loan EMI reduced, so i am happy about that.
Next, Beemer loan... Hehehe

@TripleAce So, if I have to do VKYC for each bank, and Stable money is not giving the best deals, then why to use it even...
Just use it as a catalog then i guess.

Bhai, Stable Money is just the platform and the FD is done with the respective bank only. Banks do KYC if you don’t have an account.

@aayusharyan VKYC for each bank once