About Us
Cards
Features
Pay with Fi
Automate
Rewards
Borrow
Accounts
Salary Accounts
Scan QR to get the Fi app
About Us
Cards
Features
Pay with Fi
Automate
Rewards
Borrow
Accounts
Salary Accounts
Scan QR to get the Fi app
Frequently Asked Questions
Fund Transfer
Is there a transaction limit for Min KYC holders?
Min KYC accounts have certain regulatory restrictions:
If your account was created before 15th of July 2023
- A min KYC user's account balance cannot exceed ₹1 Lakh.
- Total amount added to this account cannot exceed ₹2 Lakh.
If your account was created on or after 15th of July 2023
- A min KYC user's account balance cannot exceed ₹50,000 till validity of the min KYC account
- Total amount added to this account cannot exceed ₹50,000 till validity of the min KYC account.
Min KYC accounts only have a validity of one year, after which it expires & the account is closed.
There's good news though – this is an easy fix.
Such account-related restrictions disappear once users complete a Live Video KYC call with us.
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.
Scan QR to get the Fi app