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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
Why should I add a nominee?
You should add a nominee to mitigate money transfer worries in any case of unfortunate scenarios. Such as the death of the deposit holder. For now, adding a nominee is optional, but highly recommended. You can only add a nominee at the time of deposit creation. Editing it later is not possible just yet. If you do not add a nominee, then your Savings Account nominee (when you signed up on Fi), can claim your savings from Federal Bank by producing an heirship certificate.
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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