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.
Fi is a money management platform that re-imagines the banking experience in India. The Federal Bank Account offered through our App, is a digital bank account that gives you the fastest way to open a bank account online.
You can do everything from the Fi App, including p2p payments, fund transfers, bill payments, and more, with features to automate every action. You also get a Debit Card, spends insights and tools to grow your investment and earn rewards.
It's super easy to make the switch from Android to iOS on Fi.
Follow these steps, and you'll regain access quickly:
Once you've completed the process, we'll update your device details too.
However, now you won't be able to use your Savings Account from your old device. TL;DR: No backsies!
Before you update your details: Make sure that your ATM Card is activated & you've set a Card PIN.
Also, ensure that you haven't frozen/suspended your card.