MobiKwik's Instant Fixed Deposit product boosts savings accessibility with competitive rates and secure partnerships, driving user engagement.
MobiKwik's Instant Fixed Deposit product boosts savings accessibility with competitive rates and secure partnerships, driving user engagement.
One MobiKwik Systems
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Expert Analysis
MobiKwik Launches Instant Fixed Deposit with Up to 9.5% Returns.
Expert Analysis:
Product Launch: MobiKwik launched the Instant Fixed Deposit product, enhancing its digital financial services.
Investment Minimum: Users can invest from as little as Rs 1,000, earning up to 9.5% returns per annum without opening a new bank account.
Flexible Tenures: The product offers flexible tenures ranging from 7 days to 60 months.
Strategic Partnerships: MobiKwik partners with RBI-regulated Small Finance Banks and NBFCs, including Suryoday Small Finance Bank and Bajaj Finance, to enhance its offerings.
