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
Fees and Charges
What are the charges that you take from the user?
There are absolutely no charges for brokerage, withdrawals and commissions. However, note that a minimum GST of ₹45 is charged for each outward foreign remittance transaction and inward remittance transaction, which means that you will have GST applicable on each fund addition or withdrawal from your US Broking account that you place. You can read more about GST calculations here.
The Government of India also charges TCS (Tax Collection at Source) of 20% on each remittance transaction if you have sent more than ₹10 lakh worth of international transfers in the financial year.
Please also note that we charge a $50 withdrawal fee if you choose to withdraw to any bank account other than the Federal Bank Savings Account associated with Fi.
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