Paytm Bank partners with Suryoday Small Finance Bank for Fixed deposit service

Reader's Pick

Digital Banker, Paytm Payment Bank has announced its partnership with Suryoday Small Finance Bank to facilitate fixed deposit services for its account holders.

“With this new partnership, Paytm Payment Bank Ltd (PPBL) has become the first payment bank in the country to launch the multi-partner FD service where account holders can select the partnered bank as per their preferences,” the Bank in its statement said.

“The account holders can also compare various features such as minimum investment, interest rate, tenure, among others before making a decision,” it added.

- Advertisement -

Speaking on the partnership, Satish Gupta, MD & CEO of Paytm Payments Bank Ltd said, “We are excited to partner with Suryoday Bank to offer flexibility to our account holders to choose their partnered bank after analyzing the benefits and it’s convenience. This is aligned with our mission to drive financial inclusion where more users benefit from such services and develop a habit of long-term savings.”

“As a small finance bank, we focus on delivering innovative products and solutions with great customer experience. This partnership will further enable us in providing an alternate digital platform to the customers, helping them to mobilize their savings more meaningfully,” Baskar Babu, MD & CEO Of Suryoday Small Finance Bank said.

- Advertisement -
Krishna Mali
Krishna Mali
Founder & Editor of TechGraph.

Latest News

Promoted Links

Related Stories

Bank of Japan keeps monetary policy steady, brings new forward guidance on rates

The Bank of Japan kept its monetary policy steady on Thursday but introduced new...

Employees union seeks FIR against Jet Airways boss Naresh Goyal, Vinay Dube and on SBI Chairman

The employee union of Jet Airways, which is facing its worst crisis, Friday sought...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($239 billion) with...

Samsung Electronics asks its shareholders to use electronic voting for upcoming AGM

Technology giant Samsung Electronics has adopted electronic voting for the first time ever for...

Rahul Gandhi hits on RCEP says, ‘Make in India’ has become ‘Buy from China’

Asserting that "Make in India" has become "Buy from China," Congress leader Rahul Gandhi...

1Win App: Review India Apk for Android and iOS

The company 1Win has been successfully operating in the markets of many countries around...

Jack Dorsey may not appear before Indian parliamentary Panel on 25 February

Twitter CEO Jack Dorsey will not appear before the Parliamentary panel on IT on...

Key Challenges that lie ahead for the Cyber security industry

The global pandemic triggered a need for digitization. While this has many advantages, it...

An interview with Sajeev Nair, Founder of Vieroots Wellness Solutions

Speaking to the TechGraph, Sajeev Nair, Founder & Chairman, Vieroots Wellness Solutions said, "As...

AI & RPA can assist NBFCs with quick decision-making: Sanjay Sharma, Managing Director of Aye Finance

In an interview with TechGraph, Sanjay Sharma, Managing Director of Aye Finance said, "Technologies...

How Ginesys retail ERP Software Can Solve 7 Common Manufacturing Problems

The retail industry is undergoing a massive transformation. Customers nowadays prefer shopping through multiple...

Top Ways To Keep Your Business Running Smooth

When it comes to the management of a company, it is almost unavoidable that...

Beginners Guide to Web3, Blockchain & Crypto Jobs

Web3, blockchain, and crypto have become comprehensive terms and have captured the world's attention...

In conversation with Paramdeep Singh Anand, CEO of FieldAssist

Today we speak to Paramdeep Singh Anand, CEO of FieldAssist to understand how FieldAssist...