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.
There could be 2 reasons why you aren’t getting access.
First - Your full KYC records may not be available on CKYC database. Jump is currently only supported for users where your record is available on CKYC. Usually, this activity is done by registered intermediaries such as mutual fund KRAs (KYC Registration Agency) or Banks.
Second - You have already invested ₹10 lakh or more in this Financial year across any other platforms where Liquiloans is a partner. This being a regulatory prescribed limit, we cannot allow you to invest any further in this Financial year.
If you belong to either of the above categories, we will notify you when you become eligible for Jump.
I had received access to the product, but now I am not allowed to invest
Jump is a limited investment opportunity. If you had received access earlier but cannot invest now — it may be because the investment window has closed.
If the option to invest opens up again, we will notify you with an in-app message.