What is the Business Model of Stable Money App?

You can browse and compare options from over 200 trusted banks in India with Stable Money. No more spending hours visiting different banks – Stable Money puts everything at your fingertips. Like relaxing on your couch you can open a FD with any bank you want.  They partner with banks registered with RBI, and your investment is completely safe and secure.

How Stable Money Makes Money?

For the users, it is very important to know about the business model of Stable Money. If their earning process is legit then only users will gain trust in the company. Based on their business model, we can see that Stable Money mainly works as a Fixed Deposit (FD) marketplace. They mainly earn in two ways.

• Commission on FDs: Stable Money might earn a commission from partner banks for every FD booked through their platform. This commission is a percentage of the total FD amount. 
• Lead generation charge: Banks might pay Stable Money a fee for generating leads, which are potential customers interested in FDs.  

Stable Money attracts a large pool of potential FD investors and connects them with banks. Banks benefit from wider outreach and potentially lower customer acquisition costs.

Stable Money App Subscription

Based on the information available on Stable Money’s website and app description, it doesn’t seem to have a subscription model.  The app itself is free to download and use for comparing FD rates and booking fixed deposits. There’s no mention of any paid features or tiers within the app.  

How does Stable Money work? 

Stable Money acts as a marketplace to connect you with different banks offering Fixed Deposits (FDs) in India. Here’s a breakdown of how it works:

Finding the right FD:

•  Stable Money allows you to compare FD interest rates across over 200 banks and NBFCs (Non-Banking Financial Companies). 
•  You can filter based on factors like tenure (duration of the deposit), the amount you want to invest, and the desired return.

Booking your FD:

Once you’ve chosen a bank and FD scheme, you can initiate the FD booking directly through Stable Money’s app. They partner with the financial institutions to facilitate the online booking process.

Managing your FDs:

•  Stable Money provides a platform to manage your FDs booked through them.
• You can likely track the progress and maturity dates of your deposits.
•  You can ‘Switch’ or ‘Break’ the FD anytime you want through the app. To learn about these terms you should once go through the official website of Stable Money.

It is safe to invest because Stable Money itself doesn’t hold your funds. When you book an FD, your money goes directly to the chosen bank. They use high-tech security measures to protect your data while using the app.

Referral Program in Stable Money App

You can refer your friends to Stable Money using your unique link. When they sign up and book a fixed deposit (FD) through your link, you’ll get a reward. There’s no limit to how many friends you can refer, but the total amount you can earn is capped at ₹1,50,000. Just keep in mind that you’ll only get rewarded once per friend, and it takes 90 days to receive your payout. Anyone can be your referral except people who already have a Stable Money account. Remember, if a referred friend withdraws their FD early, you won’t get the reward for them and any future benefits from their activity.

FAQs