PhonePe now offers fixed deposit booking and daily recurring deposit options, enabling users to compare and invest digitally through partner banks and NBFCs on its app.
The move is aimed at making investing in FDs more accessible
Aug 06, 2026
12:20 pm
What's the storyLeading digital payments platform PhonePe has launched a new feature on its app - the ability to book fixed deposits (FDs) with partner banks and non-banking financial companies (NBFCs).
The move is aimed at making investing in FDs more accessible by digitizing the process.
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