Best Daily Savings Apps in India to Automate Your Savings

Saving is a necessary money habit that helps to achieve security and financial freedom in the long run. Many individuals find it difficult to save money regularly as they lack plans or discipline. This is where a daily savings app comes into play. A daily savings app makes saving automatic by assisting users in tracking expenditure and offering valuable insights into financial management, thus making saving convenient.

Today, we will look at the top savings app features to find the right one to save money in India, how they work, and what one should look for when selecting the best app to save money.

What is a Daily Savings App?

A daily savings app is an app that is programmed to save automatically by putting small amounts of money aside on a regular basis. The apps consider your spending behavior and income levels to suggest personal savings plans so that the task becomes easy and convenient.

Benefits of Using a Savings App

• Automation: Saves money automatically without human involvement

• Financial Insights: Monitors spending and gives saving advice

• Secure Transactions: Provides secure and encrypted savings

• Goal-Based Savings: Saves for financial goals earlier

Best Indian Savings Apps to Save Money Without Effort

1. AI-Powered Savings Apps

jUMPP – AI-Powered Smart Savings

jUMPP is a popular daily savings app in India that leverages AI-based insights to enable smart saving. It provides:

• Smart suggestions for savings based on spending

• Secure UPI and bank integrations

• Automatic savings with custom financial goals

• Expense tracking to manage finances effectively

Gullak – Auto-Savings through UPI

Gullak is a save money app that connects with UPI accounts to transfer small amounts automatically to a savings account. They have features such as:

• Round-up savings from daily spending

• UPI-based micro-saving alternatives

• Zero charges for withdrawals

Fi Money – Goal-Based Savings

Fi Money is a top savings app that has intelligent saving facilities such as:

• Automated savings transfers to savings pots

• Expense categorization and analysis

• No minimum balance

2. Bank-Linked Savings Apps

Kotak 811 – High-Interest Digital Savings

Kotak 811 offers a zero-balance digital savings app with good interest rates. Customers can:

• Open an account online in minutes

• Earn competitive interest on savings

• Access a broad spectrum of banking services

SBI YONO – Banking and Savings Integrated

SBI YONO is a well-liked savings app that integrates banking and digital savings, with:

• One-tap savings transfers

• Access to SBI fixed deposits

• Budget tracking tools

3. Investment-Based Savings Apps

Scripbox – Mutual Fund-Based Savings

Scripbox enables the investment of savings in mutual funds. The benefits are:

• Investment planning by AI

• Low-risk savings in mutual funds

• Disciplined saving through auto SIP

Moneyview – Savings Plans According to Your Needs

Moneyview is one of the best save money apps that offers:

• Intelligent budgeting

• Instant tracking of savings