Frequently Asked Questions

FAQarrow iconJumparrow iconWithdrawal
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 

 

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.
Scan QR to get the Fi app