Start with Rs. 500, earn interest regularly by investing in Reliance Money Manager Plan and withdraw instantly 24X7 back to your bank account. Invest now through FinoZen!
FinoZen is an investment app using which your idle money can make 8%+ interest pa without any lock-in & with high safety/security. Your money will grow regularly and you can withdraw it instantly 24X7 back to your bank account. You can start with as low as Rs. 500. So, there is no need to keep money in savings account or digibank or payment bank anymore! Keep it in your FinoZen account & withdraw whenever required.
FinoZen App Highlights
Gain 7% to 9%* interest rate per annum – one of the best investment app in India
Money gets invested in Reliance Mutual Fund (Money Manager Plan) – Now Simply Save with Reliance Mutual Fund
FinoZen works like a mobile wallet just that in FinoZen your money grows regularly instead of staying idle and you can withdraw your money back to your bank account anytime instantly without penalty!
Track investments and withdrawals anytime. Moneyview inside your FinoZen account.
FinoZen will become your best Personal Finance and Money Manager app
3 min. completely paperless account creation (Online KYC Registration)
1st completely legitimate earn money app for ios. Now earn money online completely safely and securely with FinoZen
No TDS for investments and indexation benefits after 3 years. Cleartax advantage.
Invest using internet banking or any debit card
Instant withdrawal to bank account
Excellent Customer Support
Completely online 2 min. KYC or eKYC
Is your hard earned money sitting idle in savings account or digibank or airtel payment bank or Kotak - 811 & Mobile Banking accruing low interest rate?
FinoZen gives you access to high returns on your idle money. With FinoZen app,you can simplysave and your idle money can earn an interest of 7% to 9+%* pa. Ease of usage of FinoZen is like any e wallet app. FinoZen is as straight forward to use as an e commerce app. Now, earn money online!
What is FinoZen business model?
This service is free for users because we get a very minimal commission from mutual fund company to the tune of 0.05%-0.25% per annum i.e. if you deposit Rs. 10K with us for a year, we get Rs. 5 - 25 (while you as an investor can make upto Rs. 850!). FinoZen is tied up with MF Utilities (MFU), CAMS (myCAMS), KARVY and NSE NMF.
The banks that are supported for investments:
Axis B, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara B, Central Bank, Citibank, Dena Bank, HDFC B, HSBC, IDBI B, IndusInd B, Kotak Mahindra B, Punjab National B (PNB), Punjab and Maharashtra Co Op B, Saraswat B, State Bank of India (SBI), Standard Chartered B, Union Bank of India, Vijaya B, Yes B
Not Supported: Airtel Payment Bank, DBS, Citi Bank
Why don’t I know about liquid mutual funds by now and are they subject to market risk?
Liquid mutual funds pay lowest commission in the Industry, while we get only Rs. 5-25 (for your 10K investment over a year), an equity mutual fund (which is completely dependent on market risk) can fetch upto Rs. 200, hence any normal mutual fund advisor will usually suggest you an equity fund for a long term investment.
Liquid mutual funds are lowest risk funds and have been traditionally used by companies to simply save money for short period (1 day to 3 years) now we are bringing the same functionality for an individual investors. You can earn money online on a regular basis from these funds.
Other apps providing similar simply save service: MyUniverse, FundsIndia, Scripbox, ETMoney, Aditya Birla My Universe, BankBazaar, paisabazaar, ET Money,
I still have a few questions. How can I get in touch with you?
Based on returns of FY15-16