About Us
Cards
Features
Pay with Fi
Automate
Rewards
Borrow
Accounts
Salary Accounts
Scan QR to get the Fi app
About Us
Cards
Features
Pay with Fi
Automate
Rewards
Borrow
Accounts
Salary Accounts
Scan QR to get the Fi app
Frequently Asked Questions
Withdrawal
Is there a penalty applied on withdrawals?
TL;DR It depends on the plan you've invested in.
- Short-term plan (8%)
You cannot withdraw any amount till it matures i.e. 3 months
- Long-term plan (9%)
(a) If you invested before 31st October 2022
You can withdraw within 3 months with a penalty of 2% . After that, your withdrawals are penalty-free
b) If you invested after 31st October 2022
You can withdraw anytime after paying a 1.75% penalty(i.e. interest is calculated at effective interest rate of 7.25% p.a.). The penalty info will be visible on the order receipt & also during withdrawal.
- Booster plan (10%)
You cannot withdraw any amount till it matures i.e. 10 months
NOTE: If you’ve invested in multiple plans, we will optimise your withdrawals to maximise your returns
related faq’s
Fi partners with the best to secure your money
ISO 27001:2022
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.
Scan QR to get the Fi app