TataNeu Offering 9.1% on Fixed Deposits

[thevikas05]

I think most probably it could be utkarsh small finance bank.Now days utkarsh sfb is giving service to niyo and supermoney.Also they are offering fd based rupay credit card on third party application like supermoney by flipkart.

 

[iamdhamo]

I too got the colorful notification.

It is yet to be launched. It's in the pipeline. Banker yet to be identified - most probably it could be their existing bankers - HDFC n SBI. NOT SURE N NOT CONFIRMED IN THE APP.

I also saw TataNeu cards (Infinity n Plus) AGAINST FIXED DEPOSITS.

I definitely think it will not be SBI or HDFC. It should be a sfb

 

[RAMESH BABU N]

I definitely think it will not be SBI or HDFC. It should be a sfb

If it is SFB, many would NOT like to get involved in this.

TATA is a very dependable brand n investors/depositors might even be willing to settle for lesser rate of interest.

Let's wait n see.

 

[brucelee]

It already shows 1 small finance bank and 3 NBFC under their FAQ

 

[SSV]

It already shows 1 small finance bank and 3 NBFC under their FAQ
View attachment 73074

This is correct , received WhatsApp message just now about Tata Neu offering FD interest rates up to 9.1 via Suryoday Bank partner bank..

 

[akshayhs]

Hope the money doesn't end up suryaast after!

This is correct , received WhatsApp message just now about Tata Neu offering FD interest rates up to 9.1 via Suryoday Bank partner bank..

 

[SSV]

Hope the money doesn't end up suryaast after!

they themselves have that doubt.. that is why they specifically mentioned about 5 Lakh insurance coverage.. they actually started their sentence with insurance coverage.. that shows their faith on their partner.. 😉

 

[Subarneswar Sadangi]

I too got the colorful notification.

It is yet to be launched. It's in the pipeline. Banker yet to be identified - most probably it could be their existing bankers - HDFC n SBI. NOT SURE N NOT CONFIRMED IN THE APP.

I also saw TataNeu cards (Infinity n Plus) AGAINST FIXED DEPOSITS.

The Bank is Suryoday Small Finance Bank & 9.1 for Sr Citizen

 

[iamdhamo]

The Bank is Suryoday Small Finance Bank & 9.1 for Sr Citizen

I think suryoday bank is good bank and safe as per Anand srinivasan

 

[sparkit]

In Smallcase app, they added a new feature to invest in FD. Highest they provide is 9.50 for Sr. Citizen and 9.0 for others by North East SFB.

 

[Riva]

Where does this option show on the tata Neu app? I do not see it anywhere.. Also what's the interest rate for non sr. Citizen?

 

[SSV]

Where does this option show on the tata Neu app? I do not see it anywhere.. Also what's the interest rate for non sr. Citizen?

It is for selected users as of now

 

[Dr Rahul Jaic Sam]

I cant find it either. And even if it is, which using which bank are they doing it with?

 

[fradela]

Only for senior citizens 9.1%.
Young citizens only up to 8.25 %.

 

[insomniac911]

My wife has invested a few lakhs, as FD, in ShreeRam Finance. It's over 5 years now. Renewed once after initial 3 yrs tenure. Fully automated and online. Monthly interests n principle - Credited to the designated bank account - not delayed even once. Reportrd in Traces much earlier than some banks. Very happy.

Thanks for the info! I was skeptical about them!