Frequently Asked Questions

FAQarrow iconAbout Fiarrow iconGeneral Info
General Info
Is Fi money a bank?

No, Fi Money is not a bank. Fi Money is a money management app that has partnered with Federal Bank. Through this banking partnership, we provide a Federal Bank Savings Account & Fi-Federal debit card. We also offer mutual fund investment options, connected accounts services through epiFi Wealth Private Limited and other financial services such as Personal Loans and US Stocks in partnership with other regulated entities.


Here's what we do:
Everything regular banks provide, we improve on. Politely junking their legacy-era infrastructure along the way. In fact, we elevate banking to a whole new level!

Emboldened by cutting-edge tech that taps into data science research, our interactive user interface design lets you experience banking like never before. No physical branches. No tiresome paperwork.

Fi partners with the best to secure your money

Federal Bank
VISA
NPCI
PCI
EPIFI WEALTH
ISO 27001:2013
Our partner bank hosts your Savings Account and follows all security standards per applicable regulations.
Your money is always safe with our banking partner - Federal Bank, is covered under the Deposit Insurance and Credit Guarantee Corporation Scheme. This insures your money up to ₹5 lakh.
Fi itself is not a bank and doesn’t hold or claim to have a banking license.
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