All About Rounding Up

But how does round-up investing with Deciml work?

Once you have set up autopay with Deciml, you can select what multiple of 10 you want to round up to, which can be anything from ₹10 to ₹100. And that’s all. Now for every transaction, your spending will be rounded up to your chosen limit, and the round-up amount will get invested on your behalf.

Let’s take a better look at what we mean by Deciml Round-Up Limit by taking a look at this table with the 10 different Round-Up limits – 

When we say your transaction will be rounded up, it will be to the next multiple of your limit.

The Wrong Assumption – You might think that if you spend ₹131, and your Round-Up limit is 20, then you will invest ₹19 more and have a total spend of ₹150. 

The Correct Calculation – But in fact, for a ₹131 spend the next multiple of 20 is 140, so the difference, i.e., ₹9 will be invested for you.

It might look a bit confusing, but thankfully – you don’t need to do all of these calculations. Deciml does it all, and that too – automatically!

While we let you mull over this, we’ll quickly address one last question that we have heard from some of our users:

If my transaction amount is a round figure, will nothing get invested?

Let’s say your Deciml Round-Up Limit is ₹10, and you’ve spent exactly ₹130 – in that case, the whole ₹10 will be invested in that transaction. Let’s go back to the table with 10 different Round-Up Limits, this time with ‘Amount Spent’ already being a round number – 

So do not worry if your transaction is a round number – it simply means that then your investment will also be a round number! 

Feeling a little more confident in your understanding of Round-Up investing with Deciml? If you’re not there yet, the only thing left to do is for you to try it out now!