Setu Deposits
Fully digital fixed deposits for your users
Offer fixed deposits on your app or website, from multiple banks. Embed a pre-built SDK and go live in weeks.
Build your own deposit
Enter amount
₹15,000
Select tenure
6 months
By 5th September your deposit will grow to
₹45,000
Add your details
Verify mobile
Verify PAN
Verify Aadhaar
Add personal details
Add nominee details
Application successful!
The FD Company
₹15,000.00
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FD booked successfully!
Receipt sent to email
Maturity instructions
Auto-redemption
Debit account
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India’s favourite investment product
Enable your customers to book fixed deposits without creating a new bank account.
Fastest GTM
Dev-friendly APIs that let you go live in 4 weeks, not months.
Single, standard integration
Simple, uniform set of APIs to let you offer fixed deposit products from multiple banks.
Solve Infosec hassles
Setu is ISO 27001 certified, and compliant by default to all Infosec requirements.
Set up painlessly
The best commercials. Simple workflows for legal agreements and KYC.
Democratise fixed deposits
India’s most popular investment product
In 2019, the total value of deposits was more than twice the total amount invested in mutual funds.
More than 70% of Indian households have over 90% of savings in fixed deposits.
Stable integrations with bank partners
We rigorously test the APIs of our bank and NBFC partners.
This irons out all wrinkles and gotchas typically experienced when integrating with APIs of Financial Institutions.
Benefits of Setu’s fixed deposits—
One set of APIs to offer FDs via any bank
No hassles with compliance, during integration or otherwise
Customers need not open a new bank account to book FDs
Integrated UPI payment to fund an FD
Strong stakeholder relationships
Setu’s dedicated FD team has strong relationships with our provider partners. We work closely with partner teams, for seamless partner on-boarding.
Work with Setu’s partners
Enable users to book fixed deposits on your own app or website with multiple banks. Or offer FD bookings via apps like Google Pay.
FAQs
How are these fixed deposits different from the ones issued by banks?
Technically, there is no difference between FDs issued via Setu’s integration or via banks. Customers can directly access FDs booked via Setu, through bank portals also.
Moreover, Setu allows businesses to offer deposit products from multiple banks without having to integrate with each one of them.
What role does Setu play here?
Banks are authorised to issue fixed deposits to customers. Setu builds on top of bank infrastructure to aggregate FDs from different banks.
Setu also provides fixed deposit management services—view all issued FDs, check their balances, fetch the latest interest rates, generate deposit certificates and more.
What can I do with this product?
Enable your customers to invest in Fixed Deposits with complete freedom to design the user experience. Expand your coverage of investment instruments—leveraging super fast GTM—by offering FDs from one or multiple banks.
Setu also provides fixed deposit management services—view all issued FDs, check their balances, fetch the latest interest rates, generate deposit certificates and more.
More questions about the product? Have a look at our detailed FAQs.
Fixed deposits FAQs ↗