Bengaluru, January 07, 2025: Tata Digital announces its expansion into the retail investments space with the launch of its Fixed Deposits Marketplace on Tata Neu. This innovative platform empowers its customers to invest in fixed deposits with leading financial institutions at interest rates of up to 9.1%, without the need for a savings bank account.

Investing is now easier and more accessible than ever. In just 10 minutes, Tata Neu customers can start their investment journey with as little as INR. 1,000, all through a seamless digital process. This opens the door to financial empowerment for everyone, regardless of their initial capital. With bank investments insured up to INR. 5 lakh by the Deposit Insurance and Credit Guarantee Corporation (DICGC), consumers get safety and complete peace of mind.

“Fixed deposits have long been a trusted choice for building a safe and stable investment portfolio,” said Gaurav Hazrati, Chief Business Officer, Financial Services, Tata Digital. “With our Fixed Deposit Marketplace, we aim to democratize access to high-yield, fixed-return instruments from multiple trusted providers. This simple and secure platform is designed to offer competitive interest rates, empowering both seasoned investors and newcomers to grow their wealth confidently and effortlessly.”

Vishal Singh, Head – Digital Banking, Suryoday Small Finance Bank said, “Suryoday has always aimed to offer competitive interest rates for fixed deposits to its customers. Our digital deposit product offers customers the convenience to open, operate and liquidate deposits entirely online. Partnering with Tata Digital expands our reach, allowing us to offer innovative products like this to a wider customer base.”

Parag Sharma, CFO & MD, Shriram Finance added, “Shriram Finance is happy to partner with Tata Digital for our Fixed Deposit offering on Tata Neu. We offer better returns with additional benefits for women customers and senior citizens. This partnership will ensure a seamless and hassle-free FD booking experience for customers.”

Customers stand to benefit further as more banks are set to join the Fixed Deposit marketplace on Tata Neu. Tata Neu will also launch recurring deposits to enable regular and systematic investments.

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Bengaluru, October 24, 2024: Tata Digital today announced a significant milestone of disbursing over 1 lakh personal loans through its lending partners on Tata Neu, amounting to more than INR. 1,000 crore. This achievement underscores the platform’s growing popularity and commitment to providing accessible financial solutions to customers across India.

To celebrate this achievement, Tata Neu has launched its festive ‘Loan Utsav,’ where successful loan applicants can receive 1,000 NeuCoins (1 NeuCoin = 1 rupee saving), and become eligible to win a Gold Coin daily. Tata Neu has now also expanded its loan offerings beyond personal loans. The platform now also provides gold loans, with loans against mutual funds and home loans to follow shortly.

Tata Neu’s loan offerings allow customers to meet their diverse financial needs with the convenience of a fully digital, paperless application process that can be completed in less than 10 minutes. Upon approval by the lenders, the loan amount is instantly transferred to the customer’s bank account, making it an ideal solution for urgent financial requirements.

“Tata Neu’s lending marketplace has reached a significant milestone, surpassing INR. 1,000 crore in total loans disbursed. This achievement is a testament to our customers’ confidence in our offerings and our unwavering commitment to providing accessible and seamless financial solutions,” said Gaurav Hazrati, Chief Business Officer, Financial Services, Tata Digital. “We remain dedicated to further expanding our financial services offerings and strengthening our partnerships with lenders to offer a comprehensive loan portfolio that aligns with our customers’ evolving needs.”

Commenting on the collaboration, Vivek Chopra, COO, Retail Finance, Tata Capital said, “With Tata Neu, we are proud to offer lending solutions that empower individuals to achieve their financial goals. By integrating our services with Tata Neu’s robust platform, we’re able to provide a more efficient and user-friendly experience. This partnership marks a significant step towards enhancing credit accessibility and convenience for millions of customers across India.”

Sushma Abburi, Chief Business Officer, MoneyView added, “We are excited about our partnership with Tata Digital, which enables us to deliver personalized loan products through its innovative platform. Together, we provide a seamless experience for customers, making it easier for them to access the financial solutions they need.”

The strength of Tata Digital’s lending marketplace on Tata Neu lies in its extensive network of trusted lending partners Tata Capital, Aditya Birla Finance Limited, MoneyView, Kreditbee, Prefr, Ring, Cashe, IndiaGold, Rupeek, and Muthoot FinCorp Ltd., along with being an early adopter of ONDC’s loan offerings. These partnerships provide customers with a wide range of loan options – both secured and unsecured, featuring competitive interest rates and minimal processing fees. Additionally, Tata Digital offers free credit score reports on Tata Neu to enhance the overall value proposition for its customers.

The post Tata Neu’s Lending Marketplace Crosses 1 Lakh Instant Personal Loans Milestone, Disburses Over INR. 1,000 Crore  appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Bengaluru, 25 September 2024: As India gears up for the festive season, Tata Neu is thrilled to announce the launch of its “Gift Card Store”. This comprehensive gifting marketplace is set to transform the gifting experience, offering customers a convenient, rewarding, and diverse range of options. With over 100 brands, including both Tata and non-Tata brands, and covering more than 15 exciting categories, there’s something for everyone.

Tata Neu customers can earn NeuCoins and get exciting discounts and incentives offered by the individual gift card brands. In addition, Tata Neu HDFC Bank Credit Card holders will earn an extra 5% NeuCoins on all gift card purchases, bringing the total benefits up to 15% NeuCoins. All rewards earned in NeuCoins can be redeemed across the Tata Neu ecosystem.

To further enhance the gifting experience, Tata Neu is introducing exclusive Taj Experience Dining Vouchers. These vouchers offer customers and gift recipients the opportunity to indulge in a sumptuous meal for two at select Taj restaurants across India.

“The launch of the Gift Card Store is a significant step forward in our mission to provide unparalleled value to our customers, offering them a convenient and rewarding way to find that perfect gift,” said Gaurav Hazrati, Chief Business Officer, Financial Services, Tata Digital. “With over 100 brands and exclusive benefits, we believe the store will set a new benchmark and become a one-stop shop for all gifting needs.”

Tata Neu customers can now find the perfect gift for any occasion by exploring gift cards across fashion, electronics, food, experiences and more. Alongside gift cards from coveted Tata brands, the store features popular non-Tata brands as well, across e-commerce, entertainment, lifestyle & apparel, furniture and home décor. The user-friendly interface allows customers to effortlessly browse and purchase various denominations of gift cards. Detailed information about each gift card, including terms and conditions and validity is readily available to ensure a seamless shopping experience, enabling customers to focus on the sheer joy and satisfaction of giving.

With the Gift Card Store combining a vast selection of brands, exclusive benefits, and a user-friendly platform, Tata Neu aims to become the preferred destination for consumers seeking the perfect gift for any occasion, redefining the gifting landscape in India.

The post Tata Neu Launches New Gift Card Store With Over 100 Brands Across More Than 15 Categories appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.