Your credit report is used by Fi Money to verify your employment status and give you access to a host of features.
Fi Money also uses your PAN details and Date of Birth to speed up your account opening process.
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.