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.
Absolutely! Just make sure they use your unique referral code to sign up. Once they've signed up — and added funds (at least ₹3000) into their Savings Account within 7 days — they are eligible for a reward!
The reward arrives in-app as a Fi Money-Plant. They can choose to opt for ₹200 in a Smart Deposit or 3000+ Fi-Coins. If they have chosen to receive a cash reward in their SD, that could take up to 15 days to credit. Also, all rewards are subject to change over time. So, take a minute to check out our super-simple T&Cs related to such offers