Stable Money Review: How to Make the Most of Your Idle Money

Stable Money Review

Stable Money app is one of India’s most popular fixed deposit booking apps. This app can be your one-stop destination for booking FDs and Bonds. It simplifies the complexity of booking FDs through banks. Furthermore, it can give you additional returns in the form of various vouchers. Stable Money provides a platform for managing multiple fixed deposits (FDs) with various banks in one place. The platform connects users to different banks but does not handle the actual FDs.

Here are Some Important Highlights from the Stable Money Platform:

  • Users can invest large amounts; those investing over 10 lakhs receive a dedicated relationship manager.
  • They have expanded their partnerships with more banks, such as Suryoday SF Bank, to offer higher interest rates which can go up to 9.50% which is huge.
  • The referral program is similar to a multi-level marketing scheme as of now, which may not be attractive to everyone. But, Stable Money programs can be trusted due to their previous positive records.
  • Tracking FD rates is simplified by Stable Money, especially for hard-to-access small finance banks.
  • Currently, only a few small finance banks such as Fincare, Utkarsh, and Shivalik are available. The DICGC insures up to 5 lakh rupees per bank, but claiming this insurance can be a lengthy process.
  • Interest rate claims can be misleading due to the calculation methods on some NBFCs like Shriram Finance on the platform. Before making any transactions, calculate the returns yourself.

Benefits of Using Stable Money

We have grasped the main points of the stable money platform. Now, let’s discuss the benefits of using this in a concise summary below:

  • Stable Money is considered India’s first digital fixed-return investment platform as the platform offers FDs, debt mutual funds, and bonds.
  • Users can compare FDs of over 200 banks in India and book easily without physically visiting to branch.
  • The KYC process is very simple, taking less than 60 seconds to book an FD online.
  • If you book fixed deposits of less than 1 lakh rupees, you do not have to undergo video KYC. Now, this is also a plus point of booking FD through the Stable Money app.
  • Investments made via Stable Money directly go to the banks and NBFCs, not to Stable Money. They are just the mediators or aggregators. They do not hold or manage your funds, reducing the risk associated with third-party handling of finances.

Understanding DICGC Insurance

The full-form of DICGC is – Deposit Insurance and Credit Guarantee Corporation.

  • Each bank depositor is insured up to ₹5,00,000 (including principal and interest) in case of the bank’s liquidation or other relevant events.
  • Deposits on different bank insured separately.

DICGC Approved Bank List:

Public Sector Banks:

  • State Bank of India (SBI)
  • Punjab National Bank (PNB)
  • Bank of Baroda (BOB)
  • Canara Bank
  • Union Bank of India
  • Indian Bank
  • Bank of India (BOI)
  • Central Bank of India
  • Indian Overseas Bank (IOB)
  • UCO Bank
  • Bank of Maharashtra
  • Punjab & Sind Bank

Private Sector Banks:

  • HDFC Ban
  • ICICI Bank
  • Axis Bank
  • Kotak Mahindra Bank
  • Indusind Bank
  • Yes Bank
  • Federal Bank
  • Bandhan Bank
  • RBL Bank
  • South Indian Bank
  • Karur Vysya Bank

Foreign Banks Operating in India:

  • Citibank
  • HSBC Bank
  • Standard Chartered Bank
  • Deutsche Bank
  • DBS Bank
  • Barclays Bank
  • Bank of America
  • BNP Paribas
  • JPMorgan Chase Bank
  • Bank of Tokyo-Mitsubishi UFJ

Regional Rural Banks:

  • Andhra Pradesh Grameena Vikas Bank
  • Bihar Gramin Bank
  • Maharashtra Gramin Bank
  • Kerala Gramin Bank
  • Punjab Gramin Bank
  • Rajasthan Marudhara Gramin Bank
  • Uttar Bihar Gramin Bank

Cooperative Banks:

  • Saraswat Cooperative Bank
  • Shamrao Vithal Cooperative Bank
  • TJSB Sahakari Bank
  • Cosmos Cooperative Bank
  • Bharat Cooperative Bank
  • Janata Sahakari Bank
  • Abhyudaya Cooperative Bank

Small Finance Banks:

  • AU Small Finance Bank
  • Ujjivan Small Finance Bank
  • Equitas Small Finance Bank
  • Jana Small Finance Bank
  • Suryoday Small Finance Bank
  • Shivalik Small Finance Bank
  • Fincare Small Finance Bank
  • ESAF Small Finance Bank

Payments Banks:

  • Paytm Payments Bank
  • Airtel Payments Bank
  • India Post Payments Bank
  • Fino Payments Bank

Is the Stable Money App Safe?

The Stable Money app is currently considered safe and transparent. As previously mentioned, when you invest through this, your funds go directly to the banks and NBFCs, not to Stable Money itself. Stable Money acts solely as a mediator or aggregator and does not hold or manage your funds. This reduces the risk associated with third-party handling of finances.

Is Stable Money RBI Approved?

Many of our visitors have asked whether the Stable Money app is approved by the RBI. Let me clarify that the Stable Money app does not require an RBI license as long as it does not handle money directly. The app serves as a platform that provides information from various banks and allows users to book fixed deposits (FDs). All the banks listed on the app are officially approved by the Reserve Bank of India (RBI), ensuring reliability and regulatory compliance.

Is Stable Money App Real or Fake?

Based on our research, the Stable Money app appears to be safe to use as we haven’t found any evidence of fraud or deception. Feel free to use it for your investment needs without any worries! If you have any complaints regarding the app you can always mail them at [email protected]. They surely help you to solve your issues.


In conclusion, if you’re a fan of fixed-income instruments, you might want to give the Stable Money platform a try for booking FDs and Bonds to earn a decent income. All banks offering the FD scheme here are DICGC-approved, and your money is directly invested in the banks. Just compare and calculate the returns before placing your order on Stable Money.


What is Stable Money?

Stable Money is a digital platform in India specializing in booking fixed deposits (FDs) and bonds from various banks and NBFCs.

How does Stable Money work?

Users can compare FDs from over 200 banks, book online without visiting branches, and manage multiple FDs through one platform.

Is Stable Money safe to use?

Yes, Stable Money is safe as it acts as a mediator. Your investments are directly routed to banks and NBFCs, reducing third-party risk.

What are the benefits of using Stable Money?

It simplifies FD booking, offers a quick KYC process (under 60 seconds for FDs < ₹1 lakh), and provides access to competitive FD rates.

Does Stable Money handle my funds?

No, Stable Money does not hold or manage your funds. They facilitate transactions between you and the banks/NBFCs.

How does DICGC insurance work with Stable Money?

Each depositor is insured up to ₹5,00,000 per bank (including principal and interest), ensuring protection in case of bank failure.

Which banks and NBFCs are partnered with Stable Money?

Partners include major banks and small finance banks like Suryoday, Fincare, Utkarsh, and Shivalik, offering competitive interest rates.

What are the disadvantages of using Stable Money?

Users may face GST charges (3% on purchases), varying interest rates from NBFCs, and a limited selection of small finance banks.

Is the referral program trustworthy?

The referral program operates like a multi-level marketing scheme, which may not appeal to all users, but Stable Money has a positive track record.

How can I contact Stable Money customer support?

For assistance or complaints, you can email [email protected]. They are responsive and aim to resolve issues ASAP!

More Articles:

About the Author: Mahammad Sakil Ansari

The owner and lead editor of BEPINKU.COM. Learned Digital Marketing at IIT Kharagpur. He holds bachelor's and master’s degrees in English from Vidyasagar University and Rabindra Bharati University, respectively. He's also known as one of India's top website designers, enjoys biking, and has a passion for music.