Tata Neu Platform Debuts Tata Digital’s Innovative Fixed Deposit Marketplace

Tata Digital has launched a fixed deposit marketplace on its superapp Tata Neu, allowing customers to invest in fixed deposits with leading financial institutions at interest rates up to 9.1%. This platform aims to democratize access to high-yield, fixed-return instruments without the need for a savings bank account. With a minimum investment of Rs 1,000, customers can choose from banks and Non-Banking Financial Companies (NBFCs) like Suryoday Small Finance Bank, Shriram Finance, and Bajaj Finance. The platform offers competitive interest rates and is designed to be simple and secure, empowering both experienced and new investors to grow their wealth confidently and effortlessly. The deposits are also insured up to Rs 5 lakh by the Deposit Insurance and Credit Guarantee Corporation (DICGC), providing safety and peace of mind for investors.