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Can I invest in Fixed Deposits (FDs) through Zerodha?

Yes, you can invest in Fixed Deposits through Zerodha using Coin. Zerodha partnered with Blostem to offer FDs from select small finance banks with competitive interest rates.

How to invest in FDs

  1. Log in to coin.zerodha.com
  2. Click on Fixed deposits
  3. Click on Invest
  4. Select an FD option from the list or use the FD calculator
  5. Click on Invest now
  6. Enter your investment amount, tenure, and maturity options
  7. Click on Continue
  8. Review your details on the confirmation screen and click on the undertaking
  9. Click on Continue
  10. Log in to Blostem using your mobile number and OTP
  11. Update your PAN details
  12. Complete Aadhaar authentication
  13. Verify your bank details
  14. Add a nominee
  15. Set up two-factor authentication (email and SMS OTP)
  16. Confirm your investment details and complete the payment
  17. Complete video KYC after successful payment
  18. Receive confirmation once your FD booking succeeds

To learn more about FDs on Coin, you can visit Fixed Deposits on Coin FAQs.