The How, What & Why Of Rounding Up & Daily Deposits

Let’s talk about the two main ways that our users can micro invest using the Deciml App.

Think of this read as a crash course! – 5 minutes to take you through everything about Deciml’s key micro investing options – Round-Up Investing and Daily Deposits.

Please note that while your current Round-Up Limit and Daily Deposit Limit are set at ₹10, you can increase both of these limits at any point in time.

Let’s start with Round-Up Investing –

Round-up investing is a form of micro investing that allows you to invest with every spend!

Let us explain this with an example –

Let’s say you spend ₹126 on a cup of coffee before work.

With Deciml’s round-up investing feature – your ₹126 will get rounded up to the next 10 i.e. ₹130 and the spare change of ₹4 will get automatically invested.

You’ll start earning interest the very next day, and your gains will start reflecting in your Deciml app after a couple of day depending on how much you’re investing!

Round-Up with Deciml

Here’s how it works with Deciml –

Step 1 – Set up auto-pay with Deciml.

Step 2 – Set a Round-Up Limit (It’s set to ₹10 by default, but you can increase it all the way up to ₹100!)

Step 3 – Let Deciml automatically invest with every spend.

Starting to invest with every spend is that simple. But we thought you might need a little help understanding the round-up limit aspect a bit better. This table might help!

Amount Spent	Round-Up Limit	Round-Up Amount	Round-Up Investment
₹125	₹10	₹130	₹5
₹125	₹20	₹140	₹15
₹125	₹30	₹150	₹25
₹125	₹40	₹160	₹35
₹125	₹50	₹150	₹25
₹125	₹60	₹180	₹55
₹125	₹70	₹140	₹15
₹125	₹80	₹160	₹35
₹125	₹90	₹180	₹55
₹125	₹100	₹200	₹75

Your round-up limit means your transaction will be rounded off to the nearest multiple of that limit.

The Wrong Assumption – You might think that if you spend ₹137, and your Round-Up limit is 20, then you will invest ₹13 more and have a total spend of ₹150.

The Correct Calculation – But in fact, for a ₹137 spend the next multiple of 20 is 140, so the difference, i.e., ₹3 will be invested for you, making your total spend of ₹140.

We know what you’re thinking now – about that round figure! What happens when your transaction is a round number like ₹10 or ₹20 ? Will nothing get invested? Let’s take a look at another table, shall we?

Amount Spent	Round-Up Limit	Round-Up Amount	Round-Up Investment
₹130	₹10	₹140	₹10
₹130	₹20	₹140	₹10
₹130	₹30	₹150	₹20
₹130	₹40	₹160	₹30
₹130	₹50	₹150	₹20
₹130	₹60	₹180	₹50
₹130	₹70	₹140	₹10
₹130	₹80	₹160	₹30
₹130	₹90	₹180	₹50
₹130	₹100	₹200	₹70

So you see – a round figure spend only means a round figure investment! If your round-up limit is ₹30, and you have spent ₹130 – it will be rounded off to ₹150 (the nearest multiple of 30!). ₹20 will be invested for you in this case.

Random trivia: The most popular round-Up limit on Deciml is ₹30.

That’s more or less everything you need to know about how Round-Up investing through Deciml works.

Now let’s dive into Daily Deposits –

Deciml’s Daily Deposit feature allows you to select an amount that you would like to invest on a daily basis. This is completely different from the round-up investing feature – Your Round-Ups will not affect your Daily Deposit limit in any way.

Here’s how you can set up Daily Deposits with Deciml –

Step 1 – Set up auto-pay with Deciml.

Step 2 – Set a Daily Deposit amount (It’s set to ₹10 by default, but you can increase it all the way up to ₹500!)

Step 3 – You’re all done! 🙂

So, for example, if you set up an auto-pay mandate to deposit ₹100 everyday (₹3000 a month – pretty amazing, right!), then this amount will be deducted from your account every single day and will be invested on your behalf.

Just like with Round-Ups, you start earning interest the very next day on your Daily Deposits and start seeing gains when you stay invested for a few days or weeks (depending on the amount you’re investing!).

That pretty much sums up Daily Deposit with Deciml.

Random Trivia: The most common Daily Deposit used by Deciml investors is ₹100.

We’ll leave you here with some key benefits of both these methods of micro investing through the Deciml App –

Round-Up Investing Benefits	Daily Deposit Benefits
You are investing with every spend. So the spending will hurt a little less! 🙂	You are investing every day without lifting a finger and there’s no better feeling! 🙂
Investing small amounts over a period of time can add up to significant sums if you stay invested for longer – it is the key to unlocking the full potential of compounding!	There is no pressure to save up huge lump sums to start investing. You can start with as little as ₹10 per day – it’s really about habit-building, folks!
You can change your Round-Up limit at any time.	You can Pause and Resume your Daily Deposits at any time.

These two options of micro investing are ideal for newbie investors who just want to start by dipping their toe in the ocean that is the world of finance. It offers young investors an opportunity to start investing as soon as they start earning, in a hassle-free, digital, and routine manner.