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.
SIPs are the usual way of investing. We have made investing a little more fun with Auto-Invest FIT Rules. As a result, all you have to do is choose an amount, and you'll find options to automatically invest based on your lifestyle. Here are some examples:
*Daily Deeds: Invest every day
*Consistency is Key: Invest once a week
*Thinking Ahead: Invest once a month
We'll also be adding more rules pretty soon!