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About Us
Cards
Features
Pay with Fi
Automate
Rewards
Borrow
Accounts
Salary Accounts
Scan QR to get the Fi app
Frequently Asked Questions
Smart Deposit
How is interest calculated in an SD?
In SDs, your interest is calculated each day on pro-rata basis and credited at the closure of SD. Example if you have ₹50,000 added into your SD for a 1 year duration at an interest rate of 5.4%, then the daily interest rate pro-rata is roughly ₹7.39. If you add additional ₹50000, the new daily interest rate pro-rata would be ₹14.78. The final interest amount will be aggregated and transferred at the closure of SD to your Savings Account.
related faq’s
Fi partners with the best to secure your money
ISO 27001:2013
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.
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