Thursday, August 18News That Matters
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Tag: ETMONEY

You can earn 7.35% on FDs using ETMONEY: Here’s how

You can earn 7.35% on FDs using ETMONEY: Here’s how

Finance
Interest rates on fixed deposits (FDs) have been continuously falling for a couple years now due to which many Indians are now earning returns that barely beat inflation. ETMONEY, a Times Internet-owned online wealth management app, has partnered with Bajaj Finance to offer online FDs to investors that come with assured returns of up to 7.35 percent, which is much higher than interest rates on bank FDs. The features of this offering include flexible interest payouts, tenures ranging from 12 to 60 months, and higher interest rates for senior citizens. "The convenience of investing using ETMONEY in a seamless and 100% paperless manner along with the safety of this investment instrument can help millions of Indian investors plan their short-term financial goals with confidence," stated an E...
ETMONEY partners with Fullerton India to offer personal loans up to Rs 20 lakh

ETMONEY partners with Fullerton India to offer personal loans up to Rs 20 lakh

Finance
New Delhi: ETMONEY, a Times Internet-backed fintech company, announced its partnership with Fullerton India Credit, a non-banking financial company with a pan-India presence, to offer personal loans up to Rs 20 lakh in a hassle-free manner with minimal documentation. In May this year, ETMONEY forayed into the lending space with a unique LoanPass solution that enables anyone to take recurring, small ticket unsecured loans with a single tap on their smartphone. It has seen great initial success with that, and is on track for annualised disbursal of Rs 120 crore through LoanPass. The present partnership with Fullerton India will allow ETMONEY to leverage the latter's expansive presence across the country to offer unsecured loans for various credit needs arising from marriage, medical emergenc...