Deciml app in India is an investment app that enables users to automatically and instantly invest the spare change from their online transactions and makes it easy and exciting for young Indians to begin their journeys of investing in India. 

How? 

By round-up investing! 

Deciml is a smart investment app in India that works on the basis of round-up investing. Round-up investing is the automatic rounding up of your online transactions to the next 10 (or multiple of 10 – whichever you choose), and the subsequent investment of the digital spare change. 

Say, for example, you ordered momos for dinner and paid ₹395 for it via your UPI app.
The Deciml app picks up this spent amount from the transaction SMS you receive from your bank – for which due permission is taken in advance from the user, automatically rounds it up to the next 10 – which is ₹400 in this case, and instantly makes an investment of the digital spare change of ₹5 on your behalf. 

Once you have set up the Deciml account, a small investment is automatically made after every small and big online transaction of yours.

In order to set up the Deciml app, users simply have to complete their KYC (Know Your Customer) process as mandated by the RBI and set up an AutoPay. 

At Deciml app in India, we have quickened both of these steps so that the whole set-up process takes no more than a couple of minutes and users can start their journey of smart investment in India immediately!

For KYC – users simply have to enter and verify their name, number and PAN.
It is also at this point that Deciml requests user permission to view transaction SMS only. No other SMS is read by the Deciml app, and no data is shared.
The AutoPay step has been simplified by enabling users to set it up quickly via their preferred UPI apps. Users can simply enter their UPI ID, accept the AutoPay request on their UPI apps and that’s it! 

The set-up process for the Deciml app is as easy and quick as that!

On completion of the set-up process for the Deciml app, users’ round-up investment limits are set to a default of ₹10 which they can edit and increase to a multiple of 10 whenever they want.

Besides rounding up, users of the Deciml app can also choose to continue their smart investments via Deciml Daily Deposits or make lump-sum investments. 

Deciml Daily Deposits allows users to make an automatic investment of as little as ₹10 on a daily basis, thus keeping their small investments consistent – even on the days that they don’t spend.
Lump-sum investments, on the other hand, empower young users to invest an amount as little as ₹100 whenever they want to. This way users get into the habit of investing and making the most of any extra amounts they may have, rather than leaving it be as is in their savings account.