Fixed Deposit Interest Rate 2026: JioFinance App Launches Multi-Bank FD, Up to 8.15% Interest
Digital FD Booking: The Jio Financial Services-backed JioFinance App has introduced a significant convenience for investors by launching fixed deposit (FD) offerings from multiple banks and NBFCs on a single digital platform. With this initiative, users no longer need to visit separate bank websites or physical branches. Instead, they can compare FD interest rates across institutions and invest directly through the app.
Multi-Bank FD Platform
The platform currently offers fixed deposits from institutions including:
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Unity Small Finance Bank
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Suryoday Small Finance Bank
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Utkarsh Small Finance Bank
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Bajaj Finance Limited
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Shriram Finance Limited
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Mahindra & Mahindra Financial Services Limited
Investors can access interest rates of up to 8.15% per annum, depending on the selected institution and tenure.
Fully Digital, End-to-End Process
The entire FD booking journey is completely digital. Users can open and invest in a fixed deposit within minutes through a seamless online process—without paperwork or branch visits.
The app also features a unified dashboard that allows investors to:
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Track expected returns
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Monitor maturity dates
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Receive renewal reminders
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Manage multiple FDs in one place
This integrated system simplifies portfolio management and enhances financial planning efficiency.
Leadership Perspective
Surabhi S. Sharma, CEO of JioFinance App, stated that the platform is designed to make investing simple, transparent, and convenient. She emphasized that the goal is to empower users to make well-informed decisions aligned with their financial objectives.
What This Means for Investors
Amid rising interest rate cycles and growing demand for secure investment avenues, fixed deposits remain a preferred choice for conservative investors. By aggregating multiple banks and NBFCs on a single digital platform, the JioFinance App improves comparison, accessibility, and ease of investment.
The launch of this multi-bank FD marketplace reflects the broader shift toward digital-first financial services, offering investors both competitive returns and operational convenience in one place.
