Fixed Deposit(FD) is a nice way to earn more with your savings. Prior to save money in your savings account, you can earn little more interest with FD.
Recently, Google has partnered with Fintech startup Setu to start FD services within their platform. As per report, the interest rate is set at a maximum rate of 6.35% per annum. The interested customers would need to sign up through Adhar authentication, with the help of OTP.
The time period will start from 7-29 days, 30-45 days, 46-90 days, 91-180 days, 181-364 days, and 365 days. The lowest starting interest rate will be 3.5 percent and highest will 6.5 percent for 365 days.