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Online FDs with up to 9.5% interest rate on MobiKwik: How can you 'safely' invest in these FDs?

By Economic Times - 2 weeks ago
MobiKwik now offers FDs with up to 9.5% interest through small finance banks and non-banking financial companies. It has five FD options to choose from: Unity Small Finance Bank, Suryoday Small Finance Bank, Mahindra Finance, Shriram Finance, and Bajaj Finance. Small finance bank FDs and corporate FDs offer higher interest rates but may carry slightly higher risks. Be sure to read the fine print before investing.

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