Mumbai, February 11: The JioFinance app has launched fixed deposit (FD) services from various banks and Non-Banking Financial Companies (NBFCs) on its platform. This innovation allows customers to compare and invest in different banks’ FDs without needing to visit multiple platforms.
The app features FDs from several institutions, including Unity Small Finance Bank, Suryoday Small Finance Bank, Bajaj Finance, Shriram Finance, Utkarsh Small Finance Bank, and Mahindra Finance. Users can filter options based on interest rates, with offerings of up to 8.15% annual interest available on the JioFinance app.
The entire process is fully digital, enabling users to book FDs in just a few minutes. Additionally, customers will benefit from an integrated dashboard that provides information on returns, maturity dates, and renewal reminders.
Surbhe S. Sharma, CEO of JioFinance Platform and Services Limited, stated, “fixed deposits are a popular savings option in the country, but customers often struggle to compare different FD options and track their investments. With the JioFinance app, we are simplifying the entire process of research, comparison, booking, and tracking, making it transparent and digital, so users can make better decisions aligned with their financial goals.”
My name is Ganpat Singh Choughan. I am an experienced content writer with 7 years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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