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.
Honestly, FIT isn't an abbreviation for anything. We just like how it sounds. FIT is about getting your money in shape – one day at a time!
How does it do this? Well, FIT is Automator that helps you build a hassle-free savings habits. Think micro-investments! It helps you automatically put aside tiny amounts into your smart deposits every week, every month, or even every day.
You can also customise FIT rules to get triggered when certain events happen. For instance, you can save a little every time Kohli hits a boundary, or every time your order food from Zomato.
Just set a rule once, and watch your money grow over time!