Let's be honest. We've all been there. Your salary hits the bank, you feel rich for about 48 hours, and then... poof.
Between UPI, Swiggy, bills, and that one "treat yourself" moment, your bank account looks confused by the 15th of the month.
It's frustrating, right? You want to save, but it feels like a chore. Old-school saving meant FDs and forms. But what if saving could be automatic, invisible, and even a little fun?
That's where money saving apps come in. These are not just boring saving apps; they are your new financial partners. They help you build a piggy bank in the digital world.
You're not just looking for a random saving application; you're looking for the best app for managing money that's safe, simple, and actually helps you grow your wealth.
So, What’s wrong with my bank?
That's the big question! Your savings account is great. for parking money. But it's terrible at growing it (a tiny 2-3% interest?). Plus, it's too easy to spend.
Modern apps to help save money flip the script:
- They Automate: They save for you. You don't have to remember to save.
- They Use Micro-Savings: They save tiny amounts (like ₹5 or ₹10) that you won't even miss.
- They Offer Better Returns: Instead of sitting in cash, your money goes into assets like digital gold or mutual funds, which have the potential to grow much faster.
You need good apps for managing money that work for you. So, let's find the one that fits your life.
Our Top Money Saving Apps in India
| App Name | Key Benefits | Rating (out of 5) | No. of Users (Approx.) |
| Jar | Automates savings, invests spare change in 24K Digital Gold. | 4.7 ★ | 4 Crore+ |
| Paytm | All-in-one app for payments, banking, and investing. | 4.7 ★ | 50 Crore+ |
| PhonePe | Convenient saving/investing from your main UPI app. | 4.5 ★ | 60 Crore+ |
| Groww | Very user-friendly, great for beginner MF & stock investors. | 4.8 ★ | 10 Crore+ |
| Fi Money | Zero-balance account, "Smart Deposits," automated saving rules. | 3.8 ★ | 1 Crore+ |
| Jupiter | Zero-balance account, "Pots" for goals, 1% rewards. | 4.3 ★ | 1 Crore+ |
| CRED | Saves money via cashback & rewards for paying credit card bills. | 4.8 ★ | 5 Crore+ |
| ET Money | Tracks all investments, "Genius" advisory, detailed reports. | 4.4 ★ | 1 Crore+ |
| Gullak | Automates savings into digital gold, "Gold SIPs." | 4.7 ★ | 10 Lakh+ |
| Kuvera | 100% free (no commissions) for direct Mutual Funds. | 4.3 ★ | 10 Lakh+ |
| Siply | Micro-savings for beginners, vernacular support. | Not listed | Not listed |
| Deciml | Automates spare change investing into Mutual Funds or FDs. | Not listed | Not listed |
| CashKaro | Earns real cash (not points) for online shopping. | 3.9 ★ | 1 Crore+ |
| Money View | Auto-tracks all bank/card spends, shows you where you overspend. | 4.8 ★ | 5 Crore+ |
| Walnut (by Axio) | Effortless expense tracking, bill reminders, splits bills. | 3.8 ★ | 1 Crore+ |
Discover the most reliable apps that genuinely help you earn real money in India this year.
Which Saving Application Is for You?
1. Jar
If you miss the feeling of dropping coins into your "piggy bank," Jar is for you. It's India’s #1 cash saving app built on a simple idea: save spare change.
- How you grow: Jar links to your UPI and transaction SMS. Every time you spend, it "rounds up" the amount to the nearest ₹10 (e.g., an ₹82 payment = ₹8 saved) and automatically invests that spare change. It's saving without even thinking.
- The safety check: Your money is 100% secured. It's invested in 99.99% pure 24K Digital Gold, which is stored in fully insured, high-security vaults.
- The Best Part: You're not just saving cash; you're accumulating gold. As the price of gold appreciates over time, your wealth grows. You can withdraw as cash or get gold delivered.
2. Paytm
You know Paytm for payments, but it's also a powerful save money application.
- How you grow: It's an all-in-one app. You can pay bills, and in the next tap, buy Digital Gold, set up an FD, or invest in Mutual Funds via Paytm Money.
- The safety check: Paytm Payments Bank is RBI-regulated, and Paytm Money is SEBI-registered.
- The Best Part: You can earn fixed interest from FDs or market-based returns from MFs and gold.
3. PhonePe
Like Paytm, PhonePe has grown from a UPI app to a financial "super app."
- How you grow: It's convenient. You can start investing from the app you already use for 90% of your transactions.
- The safety check: RBI-licensed for UPI/wallet and SEBI-registered for its investment services.
- The Best Part: Offers a range of investments, including MFs, Digital Gold, and high-interest savings options.
4. Groww
One of the most popular places in India to invest directly. It's great if you want to go on after saving.
- How you grow: The UI is really clean and easy to use. This is a great place for beginners to start with Mutual Funds or FDs.
- The safety check: It is a broker that is registered with SEBI and employs 128-bit SSL encryption.
- The Best Part: Mutual funds, stocks, and interest on FDs all give you profits that are based on the market.
5. Fi Money
Fi is a "Neobank," which means it only does business online. It works with Federal Bank. It's made for people who know a lot about technology and want to save, spend, and invest all in one spot.
- How you grow: You can set up automatic savings with its "FIT Rules." For example, you could say, "Save ₹100 every time I order from Swiggy." It also features "Smart Deposits," which are quite versatile.
- The safety check: It's not a bank, but its partner (Federal Bank) is regulated by the RBI. DICGC protects your money up to ₹5 Lakh, just like any other big bank.
- The Best Part: Gives high interest on its "Smart Deposits" and makes it easy to get to mutual funds.
6. Jupiter
Fi's biggest rival is Jupiter, which is also working with Federal Bank. The goal is to make managing money easy and fun.
- How you grow: The "Pots" function is great. You can make different "Pots" for your goals, such "Goa Trip" or "New Phone," and they will store automatically.
- The safety check: Like Fi, it works with a bank that is regulated by the RBI (Federal Bank), and your deposits are safe.
- The Best Part: You may easily invest in FDs or MFs and get 1% back on your Debit Card or UPI purchases.
7. CRED
CRED is different. It's a saving app for those who use credit cards. It helps you save money by rewarding you for... paying your bills.
- How you grow: Manages all your credit cards in one place. You get reminders so you never miss a due date.
- The safety check: Highly secure with strong data encryption.
- The Best Part: This is a money-saver. You get assured cashback, "CRED coins," and exclusive deals every time you pay your credit card bill.
8. ET Money
From the Times Group, ET Money is a powerful wealth management app. It's like having a financial advisor in your pocket.
- How you grow: It can track all your external investments in one place. Its "Genius" feature gives you investment recommendations.
- The safety check: SEBI-registered and backed by a trusted brand.
- The Best Part: You earn market-based returns on MFs. Its free tracking also helps you spot and fix bad investments.
9. Gullak
Similar to Jar, Gullak is another fantastic save money application focused on gold. It promotes saving small amounts daily.
- How you grow: It offers "Gold SIPs" and other saving "triggers," like saving a small amount every time you order food online.
- The safety check: Also invests your savings in 24K insured digital gold.
- The Best Part: Your savings grow with the market price of gold.
10. Kuvera
Kuvera is for people who want to invest for the long run. Its major strength is that it promises not to charge commissions.
- How you grow: You can use it to buy Mutual Funds for free. No fees, no commissions.
- The safety check: it's registered with SEBI.
- The Best Part: You make more money by not paying commissions, which means more of your money stays invested and grows.
11. Siply
Siply is a micro-savings app focused on making saving accessible to everyone. It’s very simple and even supports regional languages.
- How you grow: Designed for absolute beginners. You can start saving with as little as ₹1.
- The safety check: A registered and trusted company in the financial services space.
- The Best Part: Offers savings in Digital Gold and other simple investment instruments.
12. Deciml
Deciml is a strong new rival in the micro-investing industry. It's another software that helps you invest your spare change.
- How you grow: It's easy to use, automatic, and lets you put your spare change into mutual funds or fixed deposits.
- The safety check: SEBI has registered it and it works with banks and other financial institutions that are known to be safe.
- The Best Part: MFs can give you market-based returns, while FDs can give you fixed-interest returns.
13. CashKaro
This is a cash saving app that saves you money when you spend. CashKaro is India's largest cashback and coupon app.
- How you grow: Before you buy anything online (Amazon, Flipkart, Myntra), you go through CashKaro. You get all the normal discounts plus real cash.
- The safety check: A trusted partner for 1,500+ sites, backed by investors like Mr. Ratan Tata.
- The Best Part: You get real cash (not points) for shopping, which you can transfer to your bank.
14. Money View
This app saves you money by showing you where it's all going. It’s a smart expense tracker.
- How you grow: It automatically tracks your spends by securely reading your transactional SMSes. It gives you a clear picture of your financial health.
- The safety check: Data is encrypted and not shared. It only reads transactional messages.
- The Best Part: It's profitable in a different way. It saves you money by showing you exactly where you're overspending (e.g., "Wow, I spent ₹4,000 on Zomato!").
15. Axio's Walnut
Walnut is one of the first and greatest ways to keep track of your expenses in India. It's a must-have when making a budget.
- How you grow: Keeps track of your expenses without any work, detects hidden bank fees, and reminds you to pay your bills.
- The safety check: SMS data is read and processed with very high security standards.
- The Best Part: The best approach to save money is to stick to a budget.
Start your online earning journey with simple, practical methods that actually work for beginners.
What's the Real Best App for Managing Money?
The truth? The best app for managing money is the one you will actually use.
You don't need to download all 15. Start with one.
- If you're a total beginner who struggles to save, start with an app like Jar. It's automatic, simple, and you'll be shocked at how fast your digital "gullak" fills up.
- If you want to understand your spending, get a tracker like Money View.
- If you're ready to invest, try a platform like Groww.
Stop looking for the "perfect" timing or a massive "lump sum." You may start saving money right away by downloading one of these applications and spending just ₹10. Your future self will be grateful.
