FinoZen-Watch Your Money Grow
No one actually is! Many bank account holders assume that this is how banks operate and do not look for other options.
But, there are several investment approaches which give good returns on your money, in the range of 7+%
* interest per annum.
Is your hard earned money sitting idle in banks accruing very less interest rate?
Each and every individual who utilize banks to save their money thinks on how their savings can earn higher interest rate and raise the deposited amount considerably. Well, with banks, it's not possible. So, they eventually settle for the same bank and keep saving more and more of their money in the bank, unaware that they can get higher interest rates in other investments.
This mainly happens because of two reasons:
★ Either the depositors are not aware of other investment strategies
★ Or they might be content with what their interest returns are on their savings account or fixed deposits
This is where FinoZen mobile app can assist you by giving you access to high income returns on your investments . With FinoZen app, your investments can earn an interest of 7% to 9+%
* on an annual basis .
FinoZen App Highlights
✪ Gain 7% to 9%
* interest rate per annum✪ Interest on your amount gets credited in your account on a DAILY basis✪ Paperless activation
- Submit photos through app & get your account activated✪ Track investments and withdrawals anywhere & at anytime, right in the app itself✪ Invest using internet banking or any debit card✪ Instant withdrawal to bank account✪ Receive transactions in your inbox as PDF✪ Excellent Customer Support✪ No TDS for investments✪ Save over 3 years time & you get indexation benefit (Negligible tax payout)
What problem are we solving?
Most of us aren’t regular investors and hence more often than not whatever money we have keeps lying idle in savings bank account or at best will get locked away in fixed deposits .
To solve the same problem we created FinoZen using which your money gets invested directly in your name on a pre-selected Liquid/Ultra-Short Term Debt Mutual Fund, which gives you
☆ daily returns☆ safe as savings bank deposit (as they also invest in govt. securities etc.),☆ can be withdrawn anytime i.e. no lock in like FDs.
What is our business model?
This service is free for users because we get a very minimal commission from mutual fund company upto to the tune of 0.05% per annum i.e. if you deposit Rs. 10K with us for a year, we get Rs. 5 (while you as an investor can make upto Rs. 850!) and if you deposit Rs. 10K for 1 day, we get Rs. 5/365 = 1.4 Paise!
Why don’t I know about liquid funds till now and why does everyone say that mutual funds are subject to market risk while you are saying that it’s very safe?
Simply because liquid funds pay lowest commission in the Industry, while we get only Rs. 5 (for your 10K investment over a year), an equity mutual fund (which is completely dependent on market risk) can fetch upto Rs. 200, hence any normal mutual fund advisor will usually suggest you an equity fund for a long term investment.
Liquid funds are the lowest risk funds and have been traditionally used only by big companies to park their money for short period (1 day to 3 years) now we are bringing the same functionality for an individual investors.
Why don’t we give multiple funds to select from?
Because all liquid funds give similar returns ranging from 7%
- 9+%*, and we don’t want to complicate the process of investing at all (we wanted to keep it as simple as an e-commerce buy), we pre-selected the liquid fund for a user following certain parameters. It is mentioned in our “Fund Selection Process” in FAQ.
I still have a few questions. How can I get in touch with you?
Email: [email protected]: +91–9206073021
*
- Based on Returns of FY 15-16
Category : Finance
Reviews (25)
Worst app. They take 1 month to change bank account details. 1st they send a wrong bank acc change form. On writing a bad review they decline their mistake. Next they finally send the correct form. After giving them all the correct details and documents they still keep asking have you submitted the details everytime I call. Then they say ur process will be done by the end of this week. Then they behave rudely on phone. It's been a month my bf has requested for bank acc change. I don't want any apologies from finozen. I want them to get the process done asap. People just don't go for this app. You will face a lot of trouble while withdrawing. My 28k have been blocked in this app since a month.
I've been using this app for, maybe two years or more. Earlier, the minimum investment amount was Rs500. Now, I see that it's been made Rs100. That's good! Now you are also claiming insta-withdrawal facility. But in the last 2-3 years I've never been allowed to avail insta-withdrawal. What's the criteria for that? I normally park my loan EMI amounts in finozen and have to withdraw it 5-6 days before the EMI due date. Insta-withdrawal facility would've allowed me to keep my money in finozen for a longer period of time. Kindly give an advice.
0 🌟 If possible. not working at all. sign-up and sign-in. nothing working properly. then how you can serve your customers properly. Highly not recommend one. 💀 Do not download, Do not use
Hi I'm un able to create account into this app, it's keep rotating , even though after sending mail to support team no response.. worst app
finozen gives a message on screen saying their services will be stopped from 20th jan 2019. I applied for total withdrawal. Waiting to see what happens. i gir my full money back to my account next.
I did not know my bank account is updated or not i am unable to withdrawl my amount. I am trying to call customer care all time getting unreceive. Customer Support is not there and atleast receive the call and clear the Complaint.
Customer support is worst, cannot withdraw money instantly, mailed to Finozen about 10 days ago but no response. There is no support over call.
I have forgot my password and I have tried like hundred times to resety password but I never get the OTP to reset it..! please resolve!
This is really a very good app guys. Investment is very easy with finozen. Thanks finozen because he gaves me a great returns in one month upto 9%. Really it is awesome.
worst one I couldn't login its say credentials wrong in that case no otp is coming either to email r my number worst app the finozen team either u see this review first try resolve this type of issues
hi finozen team ,at Mobile app one msg showing that this service will not assessable after 20 th January 2019 convert your service in reliance simple app what means this please respond.
No.1 worst app i'm loss the money 2,00,000 before 2years back I'm trying login issue. my password is correct but not login It's very too fraud company Don't invest here
can't signup, when try to contact through it's web version it redirect to groww mf flatform with error of 404..I think they sold it to groww mf
i am not able to login and despite of sending many mails nobody is responding. fraud app.
There support is worst ,I'm not able to reset password. App is worst
Can't sign up. It shows sign up failed. Call us.
I am vary disappointed this application useful but my this app nothing to open some before days and finozen helpline number not to work
We are not able to sign up sign up gets failed every time.please improve it
Excellent app. I never ever seen this type apps. Very very good app for investing
This app is amazing app , i like it this app , this is good app , investment is very easy , great returns is months, but why this app is closed ? Tell me same app name
Very very poor app ...i never seen app like this...its completly time waste,data waste...better stop this app
Waste of time.. Amount will be debited from ur bank a/c.. But does not reflect on ur finozen a/c... customer support also very very bad...
Unable to login. And cannot reset password.
I added on 22/10/2018 Rs. 20k through debitcard the amount was deducted from account but still not refkecting to my finozen account
It was working fine before October 2018. I earned interest and it was credited daily to my account n I withdrawn as well. I loved this app. But yesterday I faced an issue. 25001 amount deducted from my bank account but was not showing any transaction history in app and no message I got as I used to get earlier. I tried support as well but every time machine says our support is unavailable. So I emailed them as well but they didn't reply as well. Then I post a message on LinkedIn with attaching CEO n company name then I got reply.