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.
There are three types of account freezes:
Credit Freeze: Prevents incoming deposits but allows the use of existing funds for transactions.
Debit Freeze: Restricts outgoing transactions, such as UPI transfers and debit card usage.
Full Freeze: Blocks all incoming and outgoing transactions, limiting account access completely.