Are there any extra charges for paying only the minimum monthly due?
No, there are no extra charges or penalty for that. If you pay only the minimum due every month, the principal amount gets added up & you have to pay it in the last month of your loan duration.
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.