FinMapp partners with Bajaj Finance

Fintech platform FinMapp has introduced an all-new 'Fixed Deposit' feature in the FinMapp application. The Fintech firm has updated its app by adding a new icon for an improved customer experience, after joining hands with Bajaj Finance. FinMapp is offering to give an interest rate of 7.35 percent on the fixed deposit of app users, which will help the customer in tackling the current high inflation rate. Also now, Investors have multiple durations to choose from as they can now make fixed deposits for 15, 18, 22, 30, 33, and 44 months, or opt for tenures of 1, 3, and 5 years, respectively.

The interest rates have been revised to enhance customer engagement and convenience, and provide greater benefits to users in accordance with different categories and specific time periods. The associated partner is providing the highest interest rates to new, existing, and senior citizen customers, giving a fixed income product with high-interest rates for the diverse client base.Later, Kumar Binit, Co-founder and CEO of FinMapp said, "The newly added Fixed Deposit feature to our app will help our customers take advantage of high-interest rates. It will ultimately lead to customer satisfaction and also accelerate engagement and increased activity on our app."