In an era where convenience meets innovation, Flipkart-backed fintech company Super.money has introduced a groundbreaking fixed deposit product named SuperFD. This scheme offers users an easy, digital, and paperless way to secure their savings with an impressive interest rate of up to 9%. The best part? Users can invest from the comfort of their homes using UPI, eliminating the need to visit a bank to open an account.
Key Features of SuperFD
SuperFD isn’t just a traditional fixed deposit scheme; it’s packed with modern features designed to provide maximum benefits:
- High Returns: Earn up to 9% interest on your deposits.
- Low Investment Threshold: Start your FD with as little as ₹100.
- DICGC Insurance: Deposits are insured up to ₹5 lakh, providing peace of mind.
- Free SuperCard: Enjoy 5% cashback on every purchase using the card.
- Multiple Bank Options: Choose from five RBI-approved banks to book your FD.
- Quick and Paperless: Complete the process in just 2 minutes with a fully digital interface.
How to Get Started with SuperFD
Follow these simple steps to book your fixed deposit:
- Download the App:
- Go to the Google Play Store or App Store and download the Super.money app.
- Choose Your Bank:
- Select your preferred bank from the five RBI-approved options available in the app.
- Complete eKYC:
- Verify your identity digitally via the app’s eKYC process.
- Set Your Deposit Amount:
- Enter the amount you want to invest (minimum ₹100).
- vKYC (Optional):
- If additional verification is required, complete the vKYC process for identity authentication.
Benefits of SuperFD
Feature | Benefit |
---|---|
Interest Rate | Earn up to 9%, higher than many traditional FDs. |
Starting Amount | Start with as little as ₹100, making it accessible to all. |
Insurance Coverage | ₹5 lakh insurance via DICGC for added security. |
Cashback on Spending | 5% cashback with the free SuperCard, enhancing your savings further. |
Hassle-Free Process | Fully digital and paperless, complete FD booking in 2 minutes. |
Why Choose SuperFD?
SuperFD is perfect for anyone looking for a simple and high-return savings option without the hassle of visiting banks or dealing with paperwork. The integration of UPI with traditional banking products marks a significant shift towards modern financial convenience.
Prakash Sikaria, Founder and CEO of Super.money, stated, “Our goal is to bring UPI into traditional banking products. SuperFD is fully digital, ensuring users can book their FD in just two minutes.”