Frequently Asked Questions

EMI
When will my EMI get deducted?

Generally, the EMI amount is deducted from your savings account balance on the 5th of every month. However, it may vary depending on the lending partner.
For an accurate date, check the in-app section that displays the loan details — once you've selected a loan offer through the Fi app

Fi partners with the best to secure your money

Federal Bank
PCI
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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