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Airtel Finance launches fixed deposits with attractive interest rates up to 9.1%. Invest seamlessly through Airtel Thanks App. Partnered with leading NBFCs & small finance banks.
Airtel’s Digital Arm Introduces Attractive Investment Option
Bharti Airtel, a major player in India’s telecommunications sector, has unveiled a new fixed deposit marketplace through its digital arm, Airtel Finance. This offering, boasting interest rates as high as 9.1% per annum, aims to provide customers with a secure and rewarding investment avenue.
Key Features
- Attractive Interest Rates: Airtel Finance is offering fixed deposits with industry-leading interest rates, reaching up to 9.1% per annum.
- Partnerships: The company has collaborated with various small finance banks and NBFCs, including Utkarsh Small Finance Bank, Shivalik Bank, Suryoday Small Finance Bank, and Shriram Finance, to provide these fixed deposit options.
- Seamless Digital Experience: Customers can conveniently book and manage their fixed deposits directly through the Airtel Thanks App, without the need to open a new bank account.
- Low Minimum Investment: With a minimum investment requirement of just INR 1000, this offering is accessible to a wide range of investors.
- Deposit Insurance: Bank FDs are insured up to INR 5 Lakh per PAN per bank by DICGC, ensuring a degree of security for investors.
- Flexible Withdrawal Options: Airtel Finance also offers fixed deposit options with withdrawal flexibility after seven days, addressing concerns about liquidity.
Airtel Finance’s Expanding Portfolio
This new fixed deposit marketplace further strengthens Airtel Finance’s growing suite of financial products, which includes personal loans, co-brand credit cards, co-brand Insta EMI cards, and gold loans. With plans to introduce business loans and secured lending products in the near future, Airtel Finance is positioning itself as a comprehensive financial solutions provider for its vast customer base.