FinMapp has launched an all-new ‘Fixed Deposit’ feature in the FinMapp application. The Fintech major has updated the application by adding new icons for an improved client experience, working together with Bajaj Finance.
The fintech firm is offering to provide an interest rate of 7.35 percent on the fixed deposit of application users, which will assist in beating the high inflation rate that is right now prevailing.
Investors presently have multiple tenures to choose from as they can now make fixed deposits for 15, 18, 22, 30, 33, and 44 months, or opt for tenures of 1, 3, and 5 years, respectively.
The interest rates have been revised to accentuate client engagement and convenience, and offer greater benefits to users in accordance with different categories and specific time periods.
The associated partner is giving the highest interest rates to new, existing, and senior citizen customers, offering a fixed income product with high-interest rates for the different client base.
On the option of another component, Kumar Binit, Co-organizer, and CEO, FinMapp said, “The recently added Fixed Deposit feature to our application will assist our clients to take advantage of high-interest rates. It will ultimately lead to customer satisfaction and also accelerate engagement and increased activity on our app.”