Suryoday Small Finance Bank (SSFB) has partnered with Tata Digital to make its Fixed Deposit (FD) offerings available on the Tata Neu platform. This collaboration is a significant step in SSFB’s mission to deliver seamless, digitally-driven customer experiences while expanding access to its competitive deposit schemes.
Through this partnership, customers can now invest in SSFB’s fixed deposits with interest rates of up to 9.1 per cent directly on the Tata Neu platform, without the need for a savings account. The onboarding process is quick and user-friendly, and can be completed within minutes. With a minimum investment starting at just Rs 1,000, this initiative makes high-yield FDs more accessible to a diverse customer base.
Vishal Singh, Chief Information Officer (CIO) and Head–Digital Banking, Suryoday Small Finance Bank, stated, “Suryoday has always been committed to provide competitive interest rates and an effortless banking experience. Our partnership with Tata Digital enables us to extend our innovative deposit offerings to a wider audience, reinforcing our mission of simplifying banking for all.”
The collaboration is part of SSFB’s broader strategy to enhance its digital presence and expand its customer base. In FY25, the bank has aligned with several digital-first companies to offer flexible tenure options, hassle-free withdrawals and attractive interest rates. By leveraging partnerships like these, SSFB continues to strengthen its position as an innovator in the banking and financial services sector.
Gaurav Hazrati, Chief Business Officer–Financial Services, Tata Digital, added, “Fixed Deposits are a trusted investment tool for building a stable portfolio. Our FD marketplace empowers investors by offering competitive returns from multiple providers. This partnership further democratises access to secure and high-yield investment options.”
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