THEBUSINESSBYTES BUREAU
MUMBAI, FEBRUARY 11, 2026
Expanding
its digital financial services portfolio, the JioFinance app has introduced a
new fixed deposit (FD) marketplace that allows users to access, compare and
invest in FDs offered by a diverse set of banks and non-banking financial
companies (NBFCs) — all through a single digital platform.
The latest
feature strengthens the app’s positioning as a one-stop destination for simple,
secure and digital-first financial solutions. Designed for investors seeking
stable and low-risk savings products, the FD platform offers a seamless, fully
digital end-to-end journey that enables users to compare interest rates, select
suitable tenures and complete investments within minutes.
Through the
JioFinance app, users can now explore fixed deposits offered by multiple
institutions, including Unity Small Finance Bank, Suryoday Small Finance Bank,
Bajaj Finance, Shriram Finance, Utkarsh Small Finance Bank and Mahindra
Finance. The platform provides filters that allow customers to sort options by interest
rate and tenure, helping them make informed decisions aligned with their
financial goals.
The
marketplace offers interest rates of up to 8.15 percent per annum, including
high-yield options from Small Finance Banks and NBFCs, making it attractive for
savers looking to optimise returns while maintaining capital safety. By
aggregating offerings from multiple issuers, the app addresses a long-standing
challenge for retail investors who often find it difficult to compare rates and
features across institutions.
The booking
process is entirely digital, eliminating paperwork and manual intervention.
Users can complete the investment journey in just a few steps, making it
convenient for both first-time investors and experienced savers. The platform
also provides transparent and comprehensive information on each FD, including
tenure details, tax applicability, lock-in periods, and terms and conditions
for premature withdrawals. This level of disclosure is aimed at enabling better
financial planning and reducing ambiguity around product features.
In addition
to facilitating investments, the JioFinance app offers a consolidated dashboard
that allows users to track both ongoing and closed FDs in one place. The
dashboard provides visibility into expected returns, maturity dates and renewal
reminders, ensuring customers can manage their deposits efficiently without
switching between multiple platforms.
Commenting
on the launch, Surbhe S. Sharma, Chief Executive Officer, Jio Finance Platform
and Service Limited said, “The diverse bouquet of FDs on offer from a wide
range of providers is a part of our endeavour to empower users to make smart
money choices, aligned to their life goals. FDs remain a popular savings choice
in the country, yet users often struggle to compare issuers, understand rates,
or track their deposits across platforms. We are removing that friction by
enabling a seamless and transparent end-to-end digital journey for discovering,
comparing, booking, and tracking FDs.”
The fixed deposit marketplace is powered by Blostem Fintech Private Limited, a B2B banking infrastructure platform integrated as a Business Correspondent and/or Technical Service Provider (TSP) with multiple banks and NBFCs.
Users interested in exploring the new feature can download the JioFinance app, navigate to the ‘Fixed Deposits’ section from the home page and complete the booking process in a few simple steps.