The Economic Times

Amazon Pay launches FD investment service: How you can invest in fixed deposits offering up to 8% interest

Amazon Pay has expanded its services beyond UPI payments to include fixed deposit investments. Users can now invest in FDs with partner NBFCs and banks directly through the Amazon Pay app, with a minimum investment of Rs 1,000 and interest rates up to 8% per annum. Deposits with partner banks are insured up to Rs 5 lakh by DICGC.