[2024] *INDmoney Reviews Latest: Start SIP with just Rs.10

With all about the INDmoney review, it’s an awesome, 360 finance management super app that helps its users save, analyze, plan and invest accordingly. Not only that INDmoney provides users with a hand-holding AI mentorship on tracking the ratio between their financial goals and income/expenses. 

Through 0 brokerages, INDmoney App users can start SIP as low as Rs.10, FD with Rs. 50/day and buy US stocks from $1, and win FAANG stocks on tracking and referring.

How to invest in US stocks from India

What is INDmoney?

The INDmoney Platform makes users’ tasks very easy. It lets users pay zero (0) commission to save, plan and invest with their family with its innovative features such as SIP in Us stocks, Mutual Funds investing, NEO banking, Deposits, and Financial life tracking and management. 

For its advanced handy and beginner-friendly features has INDmoney quickly grown to 5 Million users since its launch in 2019.  

The platform is available for Indians and users of the USA. The mission and vision of INDmoney attract the FIIs. A total of $143Mn has been invested in this superfamily investing platform by reputed foreign institutional investors including Tiger Global, Steadview Capital, Dragoneer, and sixteenth Street Capital. 

Pros and cons of INDmoney✔️

Pros of INDmoney

• Get FREE US stock on users’ first US stock investment.
• Zero Commission for INDMoney account opening
• Online, Paperless, one-minute safe KYC Process
• Zero INDmoney charges for Indian Stock account opening
• Zero Fees or Charges for US stock account opening
• INDmoney charges users zero for Account maintenance
• Zero Trading Charges
• Exclusive super saver account, powered by SBM bank account opening charges is zero
• Generate FREE credit score
• Mutual Funds charges and fees are zero
• ZERO brokerage commission
• Zero charges for switching your Mutual funds from regular to direct
• INDmoney Fixed Deposit account opening charge is Zero
• Highly secured Platform: INDmoney provides users Website, Android and iOS Apps
• 3-level customer services: Customer Service Help desk, Level-1 escalation if users do not get resolution of their queries from customer care executives, And Management Escalation services for those who are not satisfied with the resolutions by any of the above desks.
• What’s App Notification updates are available
• SMS notification updates are available
• You can easily your INDmoney account at any time. 

To download INDmoney App, visit Google Playstore or Please CLICK on ‘DOWNLOAD INDmoney’

And get TESLA, Amazon and Google Stock worth RS. 1000 for FREE

Cons of INDmoney

• You can’t invest in Indian stocks directly in INDmoney
• Though you can place FD in INDmoney super saver FD by using the website or mobile app, you can’t place Fixed Deposit in Shree Transport Finance and Bajaj Finance Limited on INDmoney Website.
• You can’t do Intraday, Future, and option tradings in Indian stocks.
• No facilities to apply for Indian IPOs.

INDmoney US Stocks Review

INDmoney is a very handy and popular platform to invest in 5000+ US (NASDAQ) stocks, ETFs. So, if you’re searching for how to invest in US stocks, you will find the process step-by-step in this INDmoney review. 

INDmoney makes US stock market is the easiest to explore. To invest in US stocks, what we, the retail investors need are provided by INDmoney

INDmoney Review: US stock section

US stock section in INDmoney is very well categorized for the ease of the users, specially for beginners.  

• Explore Screeners
• Explore collection
• Explore theme
• Invest in top techs
• Invest in top ETFs

Under ‘Explore Screeners’ users can research, analyze and invest in 

• Profitable Mega Cap
• Identify Undervalued Tech companies
• Find high dividend US stocks
• Stocks which analysts pick
• Revenue rich stocks
• Mega cap but Low P/E stocks

This section is very special, because almost 99% of beginner investors do not know how to research, analyze and pick US stocks for successful investing. They visit multiple websites, stock screeners to analyze stocks. It is a very wearisome task for investors.

INDmoney solved this  

Under ‘Explore Collection’ US stocks are catgorized in a mind-blowing way

• US Stocks which are present in Warren Buffet’s portfolio
• International stocks which are present in George Soros’ portfolio
• Stocks which are present in Ray Dalio’s portfolio
• US stocks in which Cathie Wood invested
• Company stocks where Tiger Global invested.

Not only that but also more useful categories of US stocks are available here

• Top 20 tech US stocks
• Top brands of US stocks
• High growth US stocks
• Recommended stocks as per your risk profile
• US baskets
• High profit making companies
• Best US stocks to start SIPs

Once again a curated section has been provided by INDmoney and I am sure that you didn’t find this information before reading this INDmoney review. 

Next useful section is ‘Explore Theme’. Under this section users find top picked stocks like;

• E-commerce stocks
• Health care stocks
• Social Media Stocks
• Travel and Leisure stocks
• Metaverse stocks
• AI stocks
• Electric Mobility Stocks
• Sports stocks

INDmoney is the only platform that makes investors life even simpler than before. Now, a beginner can easily start investing in stock market through this INDmoney App and for this he/she do not need to consult with high-paying financial advisors.

US ETF Stocks:

One more useful section was added by INDmoney for US ETFs investors

Apart from US stock investing, Indians can now invest/buy US ETFs at 0 brokerage and Zero account opening charges.

INDmoney Mini Save

In this INDmoney Review, one more US stock related feature is very special and worth mentioning.

Users can save as little as Rs. 100 daily in a bank FD.

How to invest in US stocks market in INDmoney

INDmoney provides users 3 options for investing in US stocks with ease.

• Buy 1 or more than one stocks of any company
• Start a SIP in any US stock you like
• Buy a fraction of any US stocks, including any ETFs.

*Indian users can invest in Indian Rupees or US dollar and if any user like to invest in US dollar, he/she need not pay an extra single penny for that. 

How to open US stock FREE account with INDmoney

INDmoney provides users seamless experience that is why the sign up/log in process in INDmoney is as easy as a sip of coffee.

If you’re a window or MAC user, visit https://indmoney.com 

Click on ‘Login’. You will automatically redirected to next page. And No lengthy Signup process to do here.

Now Select your Country and Insert your Phone number. You will receive an Log in OTP. As soon as you insert the OTP, Your dash board will open.

Now you should Open your FREE US stock account and add money to wallet

After adding a deposit in your INDmoney wallet you can start

• Buy any US stock
• Buy fractional of a US stock
• Start SIP in any US stock
• Buy US ETFs
• Etc

You can also invest in US stocks through GROWW App

INDmoney App Review vs INdmoney Review

There are some limitations exist on website. Here is a comparison between INDmoney App and website

INDmoney Super FD (Fixed Deposit)

INDmoney Super FD is a high return (up to 8.80%) investment platform for those who don’t want to invest in stock markets or in mutual funds. 4 types of Fixed Deposit investments are offered by INDmoney. Partnered by

• Bajaj Finance Ltd
• SBM bank
• Shriram Transport Finance

About Bajaj Finance INDmoney FD:

• Interest rate: 6.6%-7.94% (+0.25% for 60+ aged)
• Tenure: 1 year to 5 Years
• Minimum Deposit: Rs.15,000.00
• Lock in period: 3 months
• CEO: Rajeev Jain
• Safety ratings: The company never defaulted. CRISIL FAAA/Stable and MAAA/

About SBM bank INDmoney Super FD

INDmoney super saver FD partnered by SBM bank is a RBI regulated global bank in India. Amount up to 5 Lakhs Fixed deposit is insured by Reserve Bank of India under DICGC scheme.

• Interest Rate: Up to 8.50% and extra 0.5% for an aged person of 60+
• Tenure: 1 month to 10 years (Instant withdrawal facility available and no lock in period)
• Minimum Deposit: Rs. 5000
• Lock in period: NA
• CEO: Mr. Sidharth Rawat

About Shriram Transport Finance Fixed Deposit

The finance company partnered with INDmoney offers the highest rate of interest on FD.

• Interest Rate: 6.74% to 8.80% (Extra 0.5% for 60+)
• Tenure: 1 year to 5 years
• Lock in period: 3 months
• Minimum Deposit: Rs. 5000
• CEO: Umesh G Revankar

In INDmoney review, we found that this online platform provides users a wide range of products and services and Fixed Deposit is one of them.

#Free US in INDmoney Refer and Earn

INDmoney, not only offers you a wide range of financial products and services but also to earn a passive income through its refer and earn policy. INDmoney mainly gifts US hot stocks in 4 conditions:

• Refer and Earn US stocks like; Amazon and Tesla stocks worth Rs. 1000
• Users Lucky IND Airdrop (Google Stocks)
• Award on auto-tracking loans (Netflix Stock)
• Award on auto-tracking investments (Google Stocks)

Though these are very little gifts, but good enough.

So, Download INDmoney App and register you will get FREE Amazon stock worth Rs. 1000

INDmoney Support, Customer care

In INDmoney website and App, users can communicate by writing to authority and add some attachments.

Final thoughts in INDmoney App Reviews

INDmoney is a not only good but one of the best super app or platform that provides users a wide range of financial products and services. This platform (INDmoney website, Android App and iOS app ) is mainly used for US stocks investment as well as starting SIP in US stocks/ETFs in Indian rupee or in US dollar.

Users can also buy fractional units of US stocks using this platform.

INDmoney charges 0 brokerage for US stocks/ETFs investment. Start SIP with just RS 10 & FD with just Rs. 50 daily on INDmoney.

INDmoney App gained popularity for its high quality services. This platform is mainly used by those who want to maintain all of their financials in one place.

Read here Pros and Cons of INDmoney

Avishek Das

I am a personal finance, stock market update, etc.-related blog post writer. Besides, I am a stock market trader. I invest in IPOs, stocks, Etc. I publish valuable posts and information here.