FinoZen: Now don't let your money sit idle in your bank account



Hi Guys,

My name is Varun and I am the founder of an app - “FinoZen” (

Post demonetization all big banks have drastically reduced the rate of interest being offered on fixed deposits and the current rate is between 6.5% - 7.5% pa on a 1 year fixed deposit. As many people have deposited their entire cash in bank account, it’s likely that their money will either sit idle in the bank account or will get locked away in fixed deposit at a lower interest rate. However, if one wishes to earn higher interest (upto 8.5% pa) on their idle money in bank and without any lock-in, there is an option available in terms of ultra-short term debt fund/liquid fund. These are a type of mutual funds which are relatively very safe to invest in, however are lesser known because they give very low commission to the intermediary. These types of funds usually generate higher returns than fixed deposits while maintaining liquidity i.e. no lock-in and no TDS (tax deduction at source) and hence are extremely relevant for any person who has an active bank account or invests money in fixed deposits.

FinoZen is a mobile app using which any Indian PAN Card holder can easily invest their money in an ultra-short term debt/liquid fund. While it takes multiple days to open an account with banks, with FinoZen one can just download the app from Google Play Store and start investing in as low as 3 mins. Moreover, we also provide a functionality of instant withdrawal of investments in the bank account and one can start investing with as low as Rs. 500. So, if one have any extra cash in their bank which they don’t need it that day, invest it through FinoZen, let it grow for as long as they want and withdraw back instantly whenever needed.

We are a registered with Association of Mutual Funds of India/SEBI and our license no. is ARN-107100.

Following is the link to download the app:, do try it out and let me know here if you have any questions!