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PhonePeLaunch

PhonePe Launches Fixed Deposit Platform With Leading Banks And NBFCs

What happened

PhonePe has launched a Fixed Deposit (FD) Distribution platform, allowing users to book FDs from various banks and NBFCs directly on its app.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

PhonePe has announced the launch of Fixed Deposit (FD) Distribution on its platform, partnering with prominent banks and NBFCs. Experts believe this will ensure users build a disciplined approach towards saving as investments can start at just Rs 100 per day. Users will be able to browse and book FDs directly on the app with tenures ranging from 7 days to 10 years, partnering with multiple banks and NBFCs. The Fixed Deposit Distribution launch is likely to ensure users can invest across multiple banks and use facilitates seamlessly within the PhonePe app. Experts believe this launch will also make use of the scale of UPI offering instant liquidity, and allowing users to withdraw their funds after just 7 days or be able to stop the mandate whenever they wish to. Speaking on the launch, Deep Agrawal, VP and Head of Payments at PhonePe said, "at PhonePe, our vision is to empower every Indian to accelerate their financial progress by unlocking seamless access to financial services. The launch of our fixed deposit distribution, along with the Daily RD product, marks a significant milestone in that direction. Fixed Deposits remain a cornerstone of Indian household savings, offering guaranteed returns. By turning a traditionally offline process into a seamless, 100 per cent digital journey, with the ability to interoperably invest using any bank account on the UPI rails, we are...

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Extracted by Autobound

From the Signal API record
Event
Launch

What this signalsA launch often needs new go-to-market and support spend.

Product
Fixed Deposit (FD) Distribution

The full record

From the Signal API record

Topics and mentions

Product tags

  • online technology

Extraction

Confidence
95%
Detected
Aug 6, 2026
signal_type
news
signal_subtype
launches

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/a888fbd4-3b3c-b19f-fa67-4261b7db3b39 returns this record as JSON. POST /v1/companies/enrich returns every signal for phonepe.com.

{
  "signal_id": "a888fbd4-3b3c-b19f-fa67-4261b7db3b39",
  "signal_type": "news",
  "signal_subtype": "launches",
  "detected_at": "2026-08-06T11:04:02+00:00",
  "company": {
    "name": "PhonePe",
    "domain": "phonepe.com"
  },
  "data": {
    "url": "https://www.timesnownews.com/business-economy/personal-finance/phonepe-launches-fixed-deposit-platform-with-leading-banks-and-nbfcs-article-155322405",
    "title": "PhonePe Launches Fixed Deposit Platform With Leading Banks And NBFCs - Times Now",
    "excerpt": "PhonePe has announced the launch of Fixed Deposit (FD) Distribution on its platform, partnering with prominent banks and NBFCs. Experts believe this will ensure users build a disciplined approach towards saving as investments can start at just Rs 100 per day. Users will be able to browse and book FDs directly on the app with tenures ranging from 7 days to 10 years, partnering with multiple banks and NBFCs. The Fixed Deposit Distribution launch is likely to ensure users can invest across multiple banks and use facilitates seamlessly within the PhonePe app. Experts believe this launch will also make use of the scale of UPI offering instant liquidity, and allowing users to withdraw their funds after just 7 days or be able to stop the mandate whenever they wish to. Speaking on the launch, Deep Agrawal, VP and Head of Payments at PhonePe said, \"at PhonePe, our vision is to empower every Indian to accelerate their financial progress by unlocking seamless access to financial services. The launch of our fixed deposit distribution, along with the Daily RD product, marks a significant milestone in that direction. Fixed Deposits remain a cornerstone of Indian household savings, offering guaranteed returns. By turning a traditionally offline process into a seamless, 100 per cent digital journey, with the ability to interoperably invest using any bank account on the UPI rails, we are...",
    "product": "Fixed Deposit (FD) Distribution",
    "summary": "PhonePe has launched a Fixed Deposit (FD) Distribution platform, allowing users to book FDs from various banks and NBFCs directly on its app.",
    "planning": false,
    "image_url": "https://images.timesnownews.com/thumb/msid-155322416,thumbsize-15262,width-1280,height-720,resizemode-75/155322416.jpg",
    "confidence": 0.95,
    "product_data": {
      "name": "Fixed Deposit (FD) Distribution",
      "full_text": "Fixed Deposit (FD) Distribution on its platform",
      "fuzzy_match": false
    },
    "product_tags": [
      "online_technology"
    ],
    "published_at": "2026-08-06T11:04:02Z",
    "article_sentence": "PhonePe has announced the launch of Fixed Deposit (FD) Distribution on its platform, partnering with prominent banks and NBFCs."
  }
}

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