• Save Smart with FD returns from Banks without new Bank A/C
• Track & Manage Deposits with an FD Management Dashboard
*Gurugram, 23 Oct 2024:* MobiKwik (ONE MOBIKWIK SYSTEMS LIMITED), one of India's largest digital financial services platforms, has rolled out an Instant Fixed Deposit (FD) product on its mobile app, in partnership with Small Finance Banks (SFB). The product aims to simplify the savings process for its users.
MobiKwik Fixed Deposits allows users to start investing with as little as Rs 1000 and earn up to 9.5% returns p.a. without opening a new bank account. Users can choose a tenure ranging from 7 days to 60 months depending on their convenience. Premature withdrawals are allowed subject to variations in interest rates as outlined in the terms and conditions of the issuer.
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