Zerodha has launched fixed deposit (FD) investments on its Coin platform, allowing users to invest in FDs from three small finance banks: Suryoday Small Finance Bank, Utkarsh Small Finance Bank, and Unity Small Finance Bank. These banks offer interest rates of up to 8% per annum, with deposit tenures ranging from 7 days to 60 months. Users can manage their investments through a single interface, which simplifies tracking interest and maturity timelines. Notably, deposits of up to ₹5 lakh (approximately $6,000 USD) are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC), enhancing security for retail investors. This initiative reflects Zerodha's strategy to create a comprehensive investment platform that includes both market-linked and low-risk savings products, catering to the needs of cost-conscious investors. As many households in India prefer fixed deposits for their predictability, Zerodha's integration of FDs into its platform aims to modernize traditional savings behavior while providing a seamless investment experience.