Amazon Pay Relaunches FD Service: Earn Up to 8% Interest, Higher Than Banks!

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News18•05-01-2026, 17:03
Amazon Pay Relaunches FD Service: Earn Up to 8% Interest, Higher Than Banks!
- •Amazon Pay reintroduces Fixed Deposit (FD) service, offering higher interest rates than traditional banks.
- •Invest digitally from home via the Amazon Pay app, with a quick two-minute booking process.
- •Earn up to 8% interest, significantly more than the 6-7% offered by major banks like SBI and HDFC.
- •Partnerships with Suryoday Bank, Slice Bank, Utkarsh SF Bank, Shriram Finance, Shivalik SF Bank, and Bajaj Finance.
- •FDs are DICGC insured up to Rs 5 lakh, ensuring safety; includes benefits for seniors and instant withdrawal options.
Why It Matters: Amazon Pay now offers convenient, high-interest FDs digitally, making savings more rewarding and secure.
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