Axis Bank introduces digital fixed deposit: No penalty on premature withdrawals, attractive rates
Zee News
Investors can open their digital FD accounts via video KYC (Know Your Customer) verification while sitting at their homes.
New Delhi: Axis Bank has launched Digital Fixed Deposit offering various advantages over traditional fixed deposits. For starters, investors don’t need to visit banks to start investing in the newly digital fixed deposit by Axis Bank.
India's third-largest private sector bank, Axis Bank, noted that investors can open their digital FD accounts via video KYC (Know Your Customer) verification while sitting at their homes.
Investors don’t need to visit the bank or do any paperwork for opening the digital fixed deposits offered by Axis Bank. The complete process is digital and can be completed online in a matter of a few minutes.
