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.
All salary benefits have specific reward T&Cs. Please visit the salary benefits page in the Fi app or the salary T&Cs here to review terms and conditions for each benefit.
Please note that reward benefits can be changed at any time as per the Company's discretion.
If you have received salary, benefits will unlock within 24 hours. If benefits are still in-active after 24 hours, you can submit your salary transaction for review.
Head to the Fi Salary Program benefits page:
NOTE: Our team will take 3-4 working days to verify your salary transaction.
If successfully confirmed, your salary benefits will get activated