Amazon Pay Relaunches FD with Up to 8% Interest: Invest Digitally from Home!
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Moneycontrol•05-01-2026, 18:42
Amazon Pay Relaunches FD with Up to 8% Interest: Invest Digitally from Home!
- •Amazon Pay re-introduces Fixed Deposit (FD) feature, offering up to 8% interest.
- •Partnership with small finance banks and select NBFCs provides higher returns than traditional banks.
- •Investment process is fully digital via the Amazon app, allowing FD booking in minutes.
- •Interest rates vary by tenure: up to 7.25% for 1-year, 7.5% for 2-year, and 8% for 5-year FDs.
- •Bank FDs are secured up to ₹5 lakh by DICGC; check NBFC credit ratings before investing.
Why It Matters: Amazon Pay now offers a convenient digital platform for FDs with competitive interest rates up to 8%.
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