pulkit.gupta4444
KF Ace
Earlier, I had my emergency fund parked in the Mobikwik app,cred mint,ET Money, where I was earning 12%+ returns for a few months & immediate withdrawal in 24hrs. Unfortunately, due to RBI regulations, all investments have been halted, and now the funds are stuck in the app. I'm looking for guidance on two things:
How can I withdraw my lump sum amount from Mobikwik given the current situation?
Where can I now park my emergency fund to get better interest rates? Most rates I’m seeing are around 7%, which is much lower. I need an alternative where I can earn a good return and still have the flexibility to withdraw at any time, as this is my emergency fund.
How can I withdraw my lump sum amount from Mobikwik given the current situation?
Where can I now park my emergency fund to get better interest rates? Most rates I’m seeing are around 7%, which is much lower. I need an alternative where I can earn a good return and still have the flexibility to withdraw at any time, as this is my emergency fund.