Amazon Pay launches fixed deposits: Here’s how you can open one

Amazon Pay now offers Fixed Deposits, partnering with Shriram Finance, Bajaj Finance, and five banks. Customers can open FDs from Rs 1,000 digitally, accessing multiple institutions without separate accounts. Interest rates reach up to 8% annually, with additional benefits for senior citizens and women investors. This move aims to enhance savings returns and build a comprehensive financial ecosystem.

Amazon Pay launches fixed deposits: Here’s how you can open one
Amazon Pay now offers Fixed Deposits, partnering with Shriram Finance, Bajaj Finance, and five banks. Customers can open FDs from Rs 1,000 digitally, accessing multiple institutions without separate accounts. Interest rates reach up to 8% annually, with additional benefits for senior citizens and women investors. This move aims to enhance savings returns and build a comprehensive financial ecosystem.