Floating Rate

byPaytm Editorial TeamLast Updated: October 21, 2025

Meaning

Floating Rate is an interest rate or return that adjusts automatically according to market trends, similar to floating interest.

Usage

Commonly applied in loans, bonds, and deposits to reflect current financial conditions.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

You May Also Like

Re-KYC: Full Form & MeaningLast Updated: January 17, 2025

Re-KYC stands for Renewal of Know Your Customer. It is a process where banks or financial institutions update…

Virtual CardLast Updated: August 19, 2025

Meaning A Virtual Card is a digital version of a debit or credit card created for secure online…