Tata Digital has entered the retail investment sector with the launch of Fixed Deposit Marketplace on the superapp ‘Tata New’. The company said, now customers can make FDs with us at interest rates up to 9.1 percent without opening a savings bank account.
If you make a fixed deposit, then you are getting a great offer from Tata Group. Actually, Tata Digital has announced to enter the retail investment sector with the launch of Fixed Deposit Marketplace on the super app ‘Tata New’. On this occasion, the company said in a statement, now customers can make FD with us at interest rates up to 9.1 percent without opening a savings bank account.
The company said, “With Fixed Deposit Marketplace, we aim to democratise access to financial products like fixed-return deposits by offering higher interest rates from multiple trusted providers.
Starting from 1000 rupees
Gaurav Hazrati, Chief Business Officer, Financial Services, Tata Digital, said, “This easy and secure platform is designed to offer competitive interest rates. Through this, both experienced investors and newcomers will be able to invest easily.”
With credit protection too
The company said that customers can make an FD of at least Rs 1,000. The special thing is that in this fixed deposit, they will also get insurance of bank investment up to Rs 5 lakh by Deposit Insurance and Credit Guarantee Corporation (DICGC).
The company said that customers can choose from both banks and non-banking financial companies (NBFCs) like Suryoday Small Finance Bank, Shriram Finance, Bajaj Finance for a wide range of investment options like FDs.
These banks are also giving up to 9% interest on FD
- North East Small Finance Bank is offering 9 per cent interest on 3-year FD.
- Suryoday Small Finance Bank is offering 8.6 percent interest rate on 3-year FD.
- Utkarsh Small Finance Bank is offering 8.5 per cent interest on 3-year FD.
- Jan Small Finance Bank is offering 8.25 per cent interest on its 3-year FD.
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