What is a Pension Plan and How It Works?
High inflation and lack of social security initiatives in the country are two of the biggest reasons why one should invest in pension plans.
Make your wishes come true! Set an iWish flexible Recurring Deposit to plan for your higher education, vacations, wedding, buying a gadget or anything you dream of.
iWish is a unique online flexible Recurring Deposit where you create goals to save for your dreams. It works like a Recurring Deposit which gives you added flexibility of depositing any amount at any point in the tenure.
Looking for a dream vacation, new bike or some jewellery? Set a goal amount and a completion time to save it, start saving and investing every month or whenever you have extra funds.
Also, earn interest rates like Recurring Deposits (RD) or Fixed Deposits (FD).
|Features||Fixed Deposit||Recurring Deposit||iWish Flexible RD|
|Wish Focused Saving|
|Track Wish Progress|
|No penalty for missed payments||NA|
|Can I save for multiple wishes|
|Deposit Amounts||Fixed One-Time Amount||Fixed Monthly Amount||Any Amount|
|Deposit Dates||One-Time Deposit||Fixed Monthly Deposit Date||Any Time|
iWish Chhota Savings is an enabler which helps you reach the target amount faster by rounding off your day-to-day transactions such as fund transfer or bill payments and auto investing the amount in your respective iWish.
You can enable this for any one iWish. There are now three round-off options available — Rs 50, Rs 100 and Rs 500. With this feature, you can now save up for your dreams while spending money. Click here to know more.
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It’s time to catch up, celebrate and bond with your friends and family. It’s time to exchange gifts. If you find yourself having a little extra amount of money, received as gifts, why not put it to better use, than having it lying around in your drawer?
With so many expenses I couldnt save for the things I wanted especially the trip to South Korea that I had been planning forever. Thats when I tried iWish and once I opened one for myself, before I knew it, I had managed to save enough for my bookings