Amazon Pay Relaunches FDs: Earn Up to 8% Interest, Invest in 2 Minutes!

Personal Finance
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News18•05-01-2026, 15:31
Amazon Pay Relaunches FDs: Earn Up to 8% Interest, Invest in 2 Minutes!
- •Amazon Pay reintroduces Fixed Deposit (FD) investment option directly on its app.
- •Offers significantly higher interest rates, up to 8%, compared to major banks' 6-7%.
- •Partners with small finance banks and NBFCs like Suryoday Bank, Utkarsh SF Bank, Slice SF Bank, Shriram Finance.
- •Investment process is quick (2 minutes), fully digital, and FDs up to 5 lakh are DICGC secured.
- •Provides diverse options for tenures, with some offering instant withdrawal and special benefits for women.
Why It Matters: Amazon Pay now offers easy, high-interest FDs from partner banks, beating traditional bank rates.
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