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.
You can. But the process depends on your ability to access the Fi app!
If you currently have access to the Fi app:
Please activate your card and set your ATM Card PIN before changing your device or updating your phone number/ email ID.
If you are logged out or can't access the Fi app:
Once the procedure is complete, we'll update your details.
Now, you can log in to the Fi app once again.