PhonePe launches fixed deposit distribution: Here’s how to book FDs across banks, NBFCs using app — Stepwise guide

PhonePe this week launched a fixed deposit (FD) distribution, which allows users to compare options on offer by partner banks and non-banking financial companies (NBFCs) before booking FDs on its mobile app, the company said in a release.

Further, the online payment aggregator has also introduced a Daily Recurring Deposit (SIP) micro-savings product with Shivalik Small Finance Bank.