Interest rates go up to 8% per annum, depending on the institution and tenure selected. All partner banks and NBFCs are offering an additional 0.5 percentage point interest for senior citizens, while Shriram Finance is extending up to 0.5 percentage point extra interest for women investors.

According to Amazon Pay, customers can open fixed deposits starting from Rs 1,000. The facility is available through partnerships with two non-banking financial companies (NBFCs), Shriram Finance and Bajaj Finance,

Amazon Pay has announced the launch of fixed deposits (FDs) on its platform. The move is a milestone for the firm’s expansion into Indian financial services. Th

Amazon Pay expands its financial services by launching fixed deposits, offering up to 8% interest starting from Rs 1,000.

Amazon Pay has introduced the benefit of Fixed Deposits. Amazon Pay has partnered with two prominent NBFCs, Shriram Finance and Bajaj Finance and five.

Amazon Pay has expanded its financial services portfolio by allowing users to invest directly in fixed deposits (FDs) starting from as low as Rs 1,000. To roll out the offering, the payments platform has partnered with several non-banking financial companies (NBFCs), including Shriram Finance and Bajaj Finance, along with five other institutions.