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About Us
Cards
Features
Pay with Fi
Automate
Rewards
Borrow
Accounts
Salary Accounts
Scan QR to get the Fi app
Frequently Asked Questions
Privacy
Why does Fi need access to SMSes and Phone state permissions?
Essentially, we need these to safeguard your Savings Account.
They allow us – and our banking partner – to verify your phone number & SIM card.
These permissions also help make UPI transactions more secure.
It's why the National Payments Corporation of India made it a mandatory requirement.
And in case there's a new SIM used in your phone:
- Our protocol ensures that you automatically get logged out of Fi.
- Then, we'll verify your identity before granting account access.
This feature makes sure your Federal Bank Savings Account on the Fi app remains safe even in worst-case scenarios: like phone theft, etc.
related faq’s
Fi partners with the best to secure your money
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.
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