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
- Log in to coin.zerodha.com
- Click on Fixed deposits
- Click on Invest
- Select an FD option from the list or use the FD calculator
- Click on Invest now
- Enter your investment amount, tenure, and maturity options
- Click on Continue
- Review your details on the confirmation screen and click on the undertaking
- Click on Continue
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Log in to Blostem using your mobile number and OTP
- Update your PAN details
- Complete Aadhaar authentication
- Verify your bank details
- Add a nominee
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Set up two-factor authentication (email and SMS OTP)
- Confirm your investment details and complete the payment
- Complete video KYC after successful payment
- Receive confirmation once your FD booking succeeds
To learn more about FDs on Coin, you can visit Fixed Deposits on Coin FAQs.
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