An initiative of NATIONAL INTERNET EXCHANGE OF INDIA & DIGITAL EMPOWERMENT FOUNDATION

Best Fixed Deposits using internet, SMS and IVR

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Description

Way2goals cuts the information clutter to guide our users make intelligent choices. This is in tune with our goal to develop a Financially Educated Community that will make informed choices in building a financially secure tomorrow, today!. Our website has tools and built-in filters, which not only saves time for our users but, also helps plan for better returns with minimal risk. For e.g. Our Best FD Applications helps our users earn more on their Fixed deposits by choosing the highest paying FD. We understand that internet access is not available all the time, to all the people, hence we have made Fixed Deposit Rate information service available through SMS/IVR. More than 90% of the Indians who have surplus save in Bank Fixed Deposits. There is no easy source of information available at one place. Way2Goals provides it in a single place. The information is customized so that end users can find not only interest rates, but the maturity value of their fixed deposit. They can also find out their real returns after adjusting for taxes and inflation. Our Interest Rates service provides interest rate information of over 50 banks at their fingertips.

What do we deliver?

We update the information on the website twice a week. Our users access the information on the internet or using SMS/IVR interface provided.

Whom we deliver?

Any person who has some surplus and wishes to find the best place to save part their money in Bank Fixed Deposit.

How is the project unique?

Our company is focused on ensuring that we use technology for the benefit of our end users. We provide unbiased information. Unlike most media which encourages one to spend we encourage our users to save. Since we are not selling financial products we are unbiased. We have 100% interest in helping our users reach their goals.

Roadmap

Long term Vision: Provide financial planning to everyone. Make it fully computerized ( simple and yet powerful). Currently we are providing information about fixed deposits in a single place. Roadmap: To extend the service to other financial products such as mutual funds, loans, credit cards, personal loans, insurance, PPF, National Pension System etc. Internet penetration in India is very low, so we provide the information via SMS/IVR so that every mobile user can access the information. Making information available to everyone who has a mobile phone(There is no need for expensive smart phones). Over 80% of the internet content in India is in English. By making the information available on IVR and Hindi we increase the reach of the information. We intend on developing ready to use solutions to Small and Medium enterprises who can’t afford to get customized solutions developed from large IT and MNC companies.

Contact

Way2Goals Software India Private Limited
Anand Bhairat
A2 404, Shriram WhiteHouse, 6th main,15th Cross R.T.Nagar Bangalore 560032
URL/Website – http://www.way2Goals.com

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