Smart Saver

What is Smart saver?

Finzace has launched a fixed income Investment product in partnership with RBI regulated NBFC-P2P, TRANSACTREE TECHNOLOGIES PRIVATE LIMITED Imagine being able to start saving with just Rs.100, and earning a fantastic 10% annual interest rate, credited daily, with complete flexibility for redemption. It’s an hyper-liquidity investment option to save big.

Standout features of Smart Saver

RBI Approved P2P investment instrument

In Partnership with NBFC-P2P
Lendbox

Transactions are safeguarded by ICICI trustee

How to get started

Step 1

Download Finzace Mobile app

Head to the Play Store or the App Store

Step 2

Sign up & Complete your Kyc

Create your investment account with the Finzace

Step 3

Add funds to wallet

Deposit your chosen amount into your ICICI escrow account.

Step 4

Start saving now

Click on Smart Saver and begin your investment journey.

Step 5

Start earing 10% returns Per Annum

Interest will be credited on daily basis.

Frequently Asked Questions

What's a Smart Saver?

Smart Saver is a new and highly liquid investment plan, for easy and hassle-free investing.

How safe is my investment?

Finzace has collaborated with RBI-registered NBFC-P2P, Transactree technologies pvt ltd to develop Smart Saver and it is approved and regulated by the Reserve Bank of India (RBI).

How much can I invest in Smart Saver?

You can start investing by Rs. 100 (minimum) and go up to Rs. 10L (maximum)
Note: You will need to provide a net-worth certificate for investing above 10L & upto 50L

How much returns will I get?

You will get 10% annual returns from investing, for example, if you invest 1,00,000 you will receive 27rs daily, 833rs monthly & 10,000 yearly interest.

When will I start getting my returns/interest?

You will receive interest on your investment amount calculated after 3 days from the investment date on a daily basis and you may withdraw the interest or principle anytime from our app.

Is there a lock-in period for my investment?

No, There’s no lock-in period in smart saver, you may withdraw your invested principle or accrued interest whenever you want.

How to withdraw my invested funds?

Your returns will be credited in the “wallet” section; you can either re-invest the funds or directly withdraw the money to your bank account.

How much time will it take to process Withdrawals?

It takes 24-48 bank working hours for funds to reflect in your bank account.

How secure is my transactions?

The money you invest is safeguarded in a trusted ICICI escrow bank account, and the funds are expertly managed by an RBI-regulated trusteeship.

What documents are required to invest?

You will need to provide your KYC Pan Card, Aadhar card, & bank account details or cancelled cheque to start investing with Finzace.

How to invest?

1. Sign Up:
Create your investment account with the Finzace App
2. Complete KYC:
A few quick steps to complete your KYC (Know Your Customer) requirements in just quick few minutes.
3. Add Funds:
Deposit your chosen amount into your wallet managed by ICICI escrow account.
4. Invest:
Click on Smart Saver and begin your investment journey.

Where is my money invested?

Your monies are invested in Peer to Peer lending loans, which are approved after 200+ data checkpoints of the borrowers and are diversified into as low as 100 rs per loan.