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Amazon Pay users can now do more than just pay bills and shop online. The company has launched a fixed deposit service that lets customers invest in FDs through the app, with returns going up to 8%.

What Is a Fixed-Rate Certificate of Deposit? A Fixed-Rate Certificate of Deposit, often referred to as a Fixed-Rate CD, is a type of time deposit offered by banks and credit unions. When an individual ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Financial institutions have devised ...

Fixed-Rate and Variable-Rate Certificates of Deposit (CDs) stand out as two widely sought-after forms of time deposit provided by banks, each presenting distinct advantages to investors. A Fixed-Rate ...

Amazon Pay has introduced the benefit of Fixed Deposits. Amazon Pay has partnered with two prominent NBFCs, Shriram Finance and Bajaj Finance and five banks—Shivalik Small Finance Bank, Suryoday Small ...

Risk-averse investors in general and senior citizens in particular prefer to invest their hard earned money in bank fixed deposits. Even for most of the relatively suave investors, bank FDs still ...

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 ...

A linked NRE account keeps inward remittances straightforward. Principal and interest from the deposit are typically ...

*Including additional premium of 50 bps under ”SBI We-care” deposit scheme. (Source: SBI website) SBI has lowered the interest rate on fixed deposits with a tenure of 2 years to less than 3 years by 5 ...

Axis Bank has introduced new fixed deposit (FD) rates, effective from January 15, 2026. For domestic fixed deposits of less ...

The RBI has reduced the repo rate by 25 basis points to 5.25%, marking the fourth cut this year. This move is expected to lead to further interest rate reductions on fixed deposits, impacting new ...