Equitas Small Finance Bank has partnered with Google Pay to offer Fixed Deposits (FD). As per the bank, opening an FD will be as effortless as making UPI payments. The users can schedule an FD via Google Pay under the 'Business and bills' section. Reportedly, the bank will provide up to 6.35% yearly interest rates on an FD. After maturity, the money will be sent to google's affiliated account.
Courtesy: Gadgets Now