HomeGENERALHow To Invest Money | EasyPlan

How To Invest Money | EasyPlan

At the end of every month, 50% of the working youth in India end up saving nothing. Further, 70% of people have agreed that they do not even have an ‘emergency fund’. So for instance, if any one of them drops their phone on the ground and breaks it, they would not even have the money to buy a new phone. To avoid such situations we have a great new investment platform called EasyPlan for you and how to invest money?

7 Reasons for not being able to save and invest money:

People often give the below mentioned 7 reasons for neither saving nor investing money:

  1. No goal in life: Unable to recognize any goal for which they would save or invest.
  2. Minimum affordable investment: You have a small amount of money to invest but the minimum investment amount is high for you.
  3. Minimum lock-in period/low liquidity: You fear to invest because your money would get locked for a certain period of time and you won’t be able to use it before it’s maturity.
  4. Penalty payment: If you withdraw your invested money before maturity period then you will attract penalty/interest on it. If you have invested your money in a recurring deposit and you couldn’t invest money in a certain month then also you could be penalized for late or no investment.
  5. Fear of risk: The fear of risk forces us to step back from investing. Fear of not getting the desired return or fear of losing the money is the prominent risk which we fail to take up.
  6. Too many paperwork and formalities: Investment requires submitting too many papers, which makes us lazy to initiate it.
  7. Too many options: In India, there are a variety of options for investing your money such us stock market, mutual funds, fixed deposit, etc. So many options confuse you to choose the most suitable one for you.

We have come up with a solution for your above 7 problems! The solution will not only help you save money but will also channelize the savings into investment. The time taken will be less than 2 minutes, and you can do it sitting at home.

EasyPlan – Your New Investment Solution

This savings and investment has become possible with the help of an application named “EasyPlan”, which is a chat based application. The artificial intelligence called ‘Easybot’ asks you a few questions (basically your personal details). While chatting with the bot you will not even understand that you have already filled up the form in the process. Moreover, you can automatically enrol for savings and investment option with them.

Download EasyPlan for android and iOS from the affiliate links and receive 100 credit for free!

Features of EasyPlan App:

As said above, EasyPlan solves the afore-mentioned investment problems. But, along with that, it also flaunts these amazing features:

  1. For instance, you have no clue about your goal for investing. The bot asks you about your goal for investment at the very beginning. It can be anything like buying an expensive phone or a bike, jewellery, etc. This way the bot comes to know about your goal.
  2. EasyPlan application only asks for Rs. 100 as an investment at the time of registration and for subsequent investments the amount can be as low as Re 1 with no ceiling on the upper limit.
  3. EasyPlan also gives you 24×7 withdrawal facility. You do not have to keep your money invested with EasyPlan for a certain period of time. You can withdraw your money as per your need from EasyPlan without paying any penalty.
  4. There is no penalty fined for late payment of premium, non-payment of premium or even early withdrawal from investment.
  5. If you withdraw your money without achieving your goal then you will not be charged any penalty. If you do not invest money for a certain number of days or months then also no penalty would be charged on you. You can invest any amount at any point of time.
how to invest money

Additional Features of EasyPlan App:

  1. Your fear of low or no return on your investment also has a solution on the EasyPlan app. The app invests your money in ICICI Prudential Liquid Growth Low-Risk Mutual Fund, which is a short-term debt based fund with 91 days recoverability. As per the recent statistics, this fund has suffered a loss only for 2 days out of the last 4095 days.
  2. The average rate of return of this fund has been 7.20% in the last 13 years, which is twice the bank interest rates and also higher than most of the banks’ fixed deposit rates. Under this app, the investor earns interest every day, i.e., the interest is calculated on your daily investment and not on a monthly, quarterly or yearly basis.
  3. The app has all the flexibilities and advantages of a bank. You can invest or withdraw money at any point in time and you earn twice the interest paid by a bank.
  4. The app involves no paper-work submission.
  5. EasyPlan only invests in one fund and the investor can easily keep track of his investment.
  6. The app is available in 3 different languages – English, Hindi and Gujarati.
  7. Unlike banks, no amount will be auto-debited from your bank account. Per your wish, you can invest money through Debit Card, UPI Transfer or Net Banking. Your investment would only happen when you manually give your premium.
  8. The app reminds you of the investment if you do not invest for a long period of time.
  9. You can invest in multiple goals at any point in time.

Make sure to download the EasyPlan app for Android and iOS via the affiliate links to receive Rs 100 credit automatically into your account.

Find another interesting method to make money via the Meesho App.

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