A fintech company called Fixed Invest has partnered with Bajaj Finance to offer its customers and associates digital choices for fixed deposits (FDs). After launching the first FD marketplace in India, the business partnered with Bajaj Finance to create a digital fintech. Investors on the Fixed platform can now access and invest in all of Bajaj Finance’s FD options thanks to this partnership. Through this cooperation, investors may easily discover, learn about, invest in, and manage their Bajaj Finance FDs.
“In the financial industry, Bajaj Finance is a well-known brand. Known for their trustworthiness and legacy, they are among the largest deposits approved by the RBI. According to Fixed Invest’s founder Akshar Shah, “Our relationship with Bajaj Finance is invaluable for us, our investors, and partners on our platform.”
Investors may easily invest in Bajaj Finance FDs on Fixed Invest’s platform without leaving the comforts of their homes or having to go to an actual office. Not only is this method hassle-free, but it is completely paperless. With Bajaj Finance, investors have access to a plethora of information and may compare and order FDs. In addition, every transaction is processed with bank-level security because of the cutting-edge technology partnership with Bajaj Finance.
The fintech firm will enable a variety of contemporary tech platforms, enabling them to easily integrate digital fixed deposits into their products and give their clientele this option in an orderly and accessible way.
This approach guarantees broad reach, enabling a more comprehensive audience to benefit from digital fixed deposits, in keeping with Fixed Invest’s goal of being the biggest FD facilitator in India. By means of the collaboration with Fixed Invest, Bajaj Finance obtains access to a new network of partners and investors.
“We are dedicated to our collaboration with Fixed Invest, enabling their clientele to make investments in fixed deposits that offer competitive interest rates, adaptable terms, choices for interest distribution, and a smooth, digital investing process. “We are optimistic that this partnership will significantly contribute to the acceptance of fixed deposits (FDs) as the go-to asset class for young Indians,” stated Sachita Mohanty, Senior Business Head, Fixed Deposits, Bajaj Finance.
“Indians inherently prefer FDs because they are safe and yield good results,” Shah continued. Still, the majority of us are limited to FDs that work only with our bank. Our goal with our collaboration with Bajaj Finance is to enable savers and investors to select from a variety of FDs that may outperform their bank FDs.”
In less than a year, the fintech startup hopes to make it easier for Bajaj Finance FDs totaling more than ₹100 crores to be processed on its platform.
