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Google Pay to set foot in a permanent deposit fund

Google pay

Google will provide deposit funds to Indian customers through its Google Pay app. It has been announced that Google will work with fintech Setu for this purpose. 

It is proposed to provide a maximum interest of 6 points 35 percent on a one-year deposit fund. Customers who want to join can join through a one-time password based on the Aadhaar number.

Google has announced that the account will be opened at Equitas Small Finance Bank and said it can open an account on Google Pay even if the bank does not have an account.


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