Is easyplan legit?
Good work easyplan team.” Very trustworthy! “Clearly the best savings app in the PlayStore. Very trustworthy and gives a sense of accomplishment each time you save for your goals.
How does easyplan work?
Users use our conversational AI to get diversified mutual fund portfolios tailored to their goals. We also offer users a credit card secured by their investments, so they can earn return without losing liquidity. In terms of business model, we make commissions on the asset we manage, and interchange fees on the fund.
What is Finlok?
Finlok is a financial platform that helps people save money and avail hassle-free credit through a group savings-based financial model. This blog explores how the platform will help the low- and middle-income segments gain greater control over their finances.
Can I trust INDmoney?
We use your data only for the intended purpose and have strong access control and encryption policy for enhanced security. Here are a few measures we have undertaken to ensure your privacy and data protection: Your Data is safe with us.
Is INDmoney app safe to use?
INDmoney is 100% safe & secure.
Is INDmoney a broker?
“INDmoney is a platform and not a broker. It connects the local banking channel with the US brokers.
What is a good Xirr rate?
If you invest Rs 5 Lakhs for 20 years and get 15% annualized returns, you will be able to create a corpus of more than Rs 80 Lakhs. If you invest Rs 5,000 monthly through SIP for 20 years and get 15% XIRR on your investment, you will be able to create a corpus of nearly Rs 75 Lakhs.
What is STP in mutual fund?
Systematic Transfer Plan(STP) An STP is a plan that allows investors to give consent to a mutual fund to periodically transfer a certain amount / switch (redeem) certain units from one scheme and invest in another scheme of the same mutual fund house.
Can we trust INDmoney?
Security Measures. INDmoney is a finance app, so their platform should be extremely secured. They ask for accessing your email account – in order to read certain emails from certain senders. They need to access your email automatically in order to keep your investment tracking data updated.
What makes easyplan the best flight planning software?
EasyPlan is fast, easy and accurate. Being local and maintained by a dedicated team, the software also includes VFR reporting points, Special Rules Areas and VFR routing. More features of this fantastic Flight Planning Software include:
What kind of mutual fund can I open with easyplan?
When you sign up for EasyPlan, we will open a liquid mutual fund account for you with ICICI Prudential. A liquid mutual fund is a very low-risk fund that invests in loans to the government and large companies. Liquid mutual funds tend to grow 7 – 8% per year, which is more than twice what you earn in a regular bank account. IS IT SAFE?
Is there a penalty for not saving on easyplan?
No worries! EasyPlan is completely flexible, and will never charge you a fee or penalty for missing your weekly or monthly savings. If you don’t feel like you can hit your target in a given month, you can simply save a smaller amount, or skip the savings entirely.
Is it easy to save money with easy plan?
Easy plan makes saving for goals really easy and simple. The money you save gets invested in extremely safe funds which means your money even grows while you’re saving it. Best for millennials who want to save money without any headache and without the learning curve of understanding smart investing.