Invest business surplus without choosing a fixed maturity date. Pazy brings company KYC, fund comparison and investment tracking into one digital workspace.
Choose a deposit tenure.
Contractual returnNo fixed maturity date.
Market-linked returnRedeem units for that amount.
Keep the rest invested.
Finance teams at these businesses use Pazy.
SprintoOSMOS
Corporate treasuries have parked short-term cash in liquid funds for years, and the headline return is the smallest reason. Four things change when surplus sits in a liquid fund instead of an FD.
An FD needs a tenure, and short ones pay the least: HDFC Bank pays 2.75% for 7 to 14 days against 6.25% for a year. A liquid fund has no tenure. Money stays in for exactly as long as it is idle.
Source: HDFC Bank FD rates, under ₹3 crore ↗Break an FD early and banks cut the rate by 0.5% to 1% for the whole period, and pay nothing under 7 days. A liquid fund’s exit load is capped by SEBI at 0.0070% for the first six days and is nil from day seven.
Source: SEBI graded exit load, Oct 2019 ↗Redeem ₹40 lakh for salaries and keep the rest invested. An FD has to be broken, or waited out, to get at part of it.
Source: SEBI investor FAQ ↗Above ₹5 lakh, an FD is exposure to one bank. A liquid fund holds T-bills, certificates of deposit and commercial paper from many issuers, each maturing within 91 days, with at least 20% in cash and government securities. You can also split surplus across fund houses.
Source: RBI deposit insurance FAQ ↗| What matters | Current account | Fixed deposit | Liquid mutual fund |
|---|---|---|---|
| Minimum tenure | None | 7 days | None |
| Early exit | Instant | Rate cut 0.5% to 1%* | No exit load from day 7* |
| Partial withdrawal | Spend as needed | Break the deposit | Redeem any amount |
| Access | Instant | At maturity | Usually T+1* |
| Where the money sits | One bank | One bank | Many issuers, across fund houses |
| Return | 0% interest | Fixed rate for the tenure | Market-linked |
Start with liquid funds. Explore other categories as your cash horizon changes.
Invests in securities maturing the next business day.
Compare the portfolio, risk and access terms against your cash needs.
Mutual funds aren’t only for individual investors or long-term equity investing.
of liquid and money-market mutual-fund assets were held by institutional investors.
Source: AMFI · August 2025, page 4The investment choice is one decision. How much work it creates for your finance team is another.
| The task | Broker / dealing desk | Pazy Treasury |
|---|---|---|
| Company KYC | Paper forms. Follow-ups. | Digital checklist |
| Fund choice | Desk suggestions | 4,000+ funds to compare |
| Approvals | Calls & emails | Roles, limits & approvals |
| Portfolio updates | Ask for statements | Holdings in one view |
| Redemption | Call the desk | Request online |
| Accounting | Manual entries | Tally / ERP sync* |
| Cash visibility | Separate tools | Cash + funds + payables |
Check documents, compare options and review holdings before you chase anyone for an update.
See submitted, missing and correction-required documents against one checklist.
Compare risk, performance and access terms, rather than choosing on a return figure alone.
See your holdings valued at the latest published NAV, with the valuation date and order status.
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BSE StAR MFTransaction platform
Security credentials published by Pazy
View the security centreRegistered bank account
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Company folio and fund units
Pazy facilitates your investment. Your invested principal is not pooled in a Pazy account. The one-time ₹5,000 fee is a separate service payment.
Three clear steps to Treasury access. Your investment amount is a separate decision.
Share company and contact details.
No paymentSubmit documents, resolve corrections and wait for approval.
Approval requiredOnce KYC is approved, pay once and your Treasury account is ready.
No recurring chargesBank proof · Company PAN · Board resolution / authorisation · Signatory details · Account-opening form
Requirements vary by entity; additional KYC and beneficial-owner information may be needed.Pay once, after your company’s KYC is approved.
Your investment amount is separate.
One-time feePaid once.
₹5,000Recurring chargesNo monthly or annual fee.
NoneReturns, access, risk and fees. Get clear on each one.
It may, but there is no guarantee. Compare the actual FD rate with the fund’s performance, expenses, tax treatment and risk. Past fund performance does not predict future returns. The reason to consider a liquid fund is its combination of return potential and flexible access, rather than a promise of a higher rate.
Yes. Liquid funds invest in short-term debt and money-market instruments, but their value can fall. Credit, interest-rate and liquidity risks remain. They are not bank deposits and have no capital guarantee. Review the scheme’s Riskometer and documents before investing.
Liquid and overnight funds typically pay redemption proceeds on the next business day, subject to the scheme’s terms, cut-offs and processing. Holidays and exceptional conditions can delay access. Confirm the specific timeline before investing money needed for payroll, tax or other commitments.
No. You can evaluate liquid funds for new surplus or cash from an FD as it matures. Keep essential operating and emergency cash available. Decide the allocation using your cash-flow needs and company investment policy.
Pazy Treasury’s starting point is ₹5 lakh of business surplus. This should be money available after operations, known commitments and a contingency buffer. Scheme minimums and suitability still apply.
Only a one-time fee of ₹5,000, with no recurring charges. You pay it once your company’s KYC is approved. Your investment is separate; fund expenses and any exit loads are set by the fund house.
Corrections appear against the required document so you can resubmit it. You pay the one-time ₹5,000 fee only after approval.
Pazy acts as the mutual-fund distributor and facilitates transactions via BSE StAR MF. Fund units are held in your company’s folio with the fund house and registrar. Pazy does not pool your investment principal in its own account. The one-time ₹5,000 fee is separate from invested money.
Digital company KYC. Clear fund information. One view of your holdings.
From ₹5 lakh surplus
Only one-time fee of ₹5,000. No recurring charges.