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.
Fi is a money management platform that re-imagines the banking experience in India. The Federal Bank Account offered through our App, is a digital bank account that gives you the fastest way to open a bank account online.
You can do everything from the Fi App, including p2p payments, fund transfers, bill payments, and more, with features to automate every action. You also get a Debit Card, spends insights and tools to grow your investment and earn rewards.
This could happen because of the following reasons:
1. The bank you have an account with is not part of the Account Aggregator system.
2. Your bank account is linked to a different phone number than your savings account.
3. Banks that are a part of the Account Aggregator network currently do not support Joint Accounts.
4. The other bank's servers are down.
If reasons 1 & 2 do not apply to you, could you try again in sometime?