Finozen is an app launched by an alumnus from IIM , Madras named Varun Gupta, in which you can go with a small amount of investment say 500Rs and you can track the status of your interest on your app daily, there is no lock in period . I am the user of finozen from past one year. My experience with finozen was really a good one that not expressed in words. Customer service was also good to handle with your problems.Benefits : In bank while you seeking for Entire amount deposited in a one go and get good interest , you generally go with FD with lock in period of one year, three year or more and you get interest of 6.5 to 6.8, if you are young . If you are old then you get interest around 7 percent and you will only take your money after maturity period but in finozen you will get interest of 7 to 9 percent with no lock in period.I think a deposit of 500 Rs a month was not a big deal.