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PhonePe Launches Fixed Deposit Platform and Rs 100 Daily Recurring Deposit Feature

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PhonePe Launches Fixed Deposit Platform and Rs 100 Daily Recurring Deposit Feature

Analysed 6 Aug 2026·2 sources analysed·Panama·Business
PhonePe Launches Fixed Deposit Platform and Rs 100 Daily Recurring Deposit FeaturePreviousNext

PhonePe has introduced a Fixed Deposit (FD) platform on its app, partnering with multiple banks and NBFCs to offer tenures from 7 days to 10 years. The app also launched a Daily Recurring Deposit (RD) feature, allowing users to invest as little as Rs 100 daily via UPI AutoPay. Deposits are insured up to Rs 5 lakh under the DICGC scheme, and users can manage multiple FDs and withdraw funds anytime through the app.

Sentiment
61%
TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (61/100). Lens Score 36/100.

Outlets measured: economictimes, timesnow. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 6 Aug 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Positive (61/100)

Sentiment was consistent across outlets (52–70/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

timesnow broke this story on 6 Aug, 11:08 am. Other outlets followed.

6 Aug, 11:08 am2 sources · 18 min6 Aug, 11:26 am
  1. 1
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
← Previous
Axis Max Life Launches Campaign Promoting Retirement as New Beginning
Next →
Startup Founder Gajendra Kothari Shares Journey to Rs 67 Crore Net Worth and Investment Strategy
timesnow6 Aug, 11:08 am
PhonePe Launches Fixed Deposit Platform With Leading Banks And NBFCs
  • 2
    economictimes6 Aug, 11:26 am
    PhonePe's Rs 100 daily RD: How it works; app also adds FD investment option
  • Who's involved

    Institutions and figures named across source coverage.

    Corporate
    PhonePeShivalik Small Finance Bank

    Story context

    Category
    Business
    Location
    Panama
    Sources analysed
    2
    Last analysed
    6 Aug 2026
    Key entities
    PhonePeFree dance (ice dance)Mobile appIndian rupeeBankRhythm danceFixed depositLakhIncome taxDigital distributionFiscal yearMillennials