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.
Jump is only open to a select few users.To get access to the product, you should:
Be a verified user on Fi i.e. full KYC account holder
If you do not qualify for access right now, don't worry! You can increase your chances of gaining access to Jump by completing your pending Video KYC verification (if applicable).
To know if you have access or what you can do to get it, you can go to the “Jump” section in our app and tap on “Start investing”.