Our partner bank hosts your Fi-Federal Savings Account and Visa Debit Card, and follows all security standards, as per RBI regulations.
Your money is always safe with our banking partner, Federal Bank and your money is insured upto ₹5 lakh as per the RBI’s insurance deposit scheme.
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 Fi account, in partnership with Federal Bank, 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 Fi-Federal co-branded Debit Card, spends insights and tools to grow your investment and earn rewards.