Paytm Payments Bank customers can avail high-returns for linked Fixed Deposits
We have partnered with Induslnd Bank to introduce a first-of-its kind facility to create a linked Fixed Deposit. Just like any other product from our end, our Fixed Deposit offering will prioritize convenience and flexibility. If your balance exceeds Rs 1 lakh by the end of day, we will automatically sweep it out and start a Fixed Deposit. This will offer you a hassle-free and paperless saving experience while boosting your savings and earnings potential.
You can also redeem your deposit instantly, anytime without paying any pre-closure or miscellaneous charges and can earn up to 6.85% annual interest.