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Stable Money App is Real or Fake | Stable Money Review | Is Stable Money app safe for investment?

November 17, 2023

Stable Money App is Real or Fake ?

Stable Money is a legitimate financial technology company that operates a fixed-deposit (FD) investment platform in India. It is not a scam or a fake app. The company is registered with the Securities and Exchange Board of India (SEBI) and partners with several reputable banks to offer FD products.

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Here are some of the reasons why Stable Money is considered a legitimate company:

  • SEBI registration: Stable Money is registered with SEBI, which is the regulatory body for the securities market in India. This means that the company is subject to certain regulations and oversight, which helps to protect investors.

  • Partnership with reputable banks: Stable Money partners with several reputable banks to offer FD products. This means that your FD is held directly with a bank, and is not subject to any risk from Stable Money itself.

  • Insurance protection: Deposits with Stable Money are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of the Reserve Bank of India (RBI). This means that your deposits are protected up to ₹5 lakhs in case the bank fails.

  • Positive user reviews: Stable Money has a good reputation among users, with many positive reviews on Google Play and other platforms.

Of course, there is always some risk involved in investing, and FD investments are no exception. However, Stable Money is a legitimate company that appears to have taken steps to protect its investors.

Here are some additional things to keep in mind before investing with Stable Money:

  • Read the terms and conditions carefully: Before investing with any company, it is important to read the terms and conditions carefully. This will help you to understand the risks involved and make sure that you are comfortable with them.

  • Diversify your investments: Don't put all of your eggs in one basket. Diversify your investments across a variety of asset classes to reduce your risk.

  • Seek professional advice: If you are in doubt about whether or not to invest with Stable Money, you should seek professional advice from a qualified financial advisor.

I hope this information is helpful.

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