freo
save
7.0%
3.5%
Savings account4.5%
Fixed deposit3.8%
Recurring deposit| Account balance | EARN INTEREST |
| Above ₹5 lakh and up to ₹2 crore | 7.0% |
| Above ₹1 lakh and up to ₹5 lakh | 6.0% |
| Up to ₹1 lakh | 3.5% |
Access a lifetime credit line up to ₹5 lakh. Pay interest only on what you use.
Travel
Wedding
Medical
Education
Home Renovation
Laptop
Car
Mobile
Shop now, pay later with up to ₹6,000
at 0% interest for 30 days.
Tea
Groceries
Restaurant
Fuel
Travel expenses
COD
Online shopping
Insurance
on balance
Safe & secure banking
Guaranteed data security
The Freo Save
advantage
Interest that’s unbelievable
At 7%*, you’ll enjoy one of the highest returns on savings
Zero balance account
Zero balance requirements mean zero worries for you
Shop smarter & get credit
Get quick access to incredible shopping & credit products
₹5L deposit insurance
Your money is insured up to ₹5L as per RBI guidelines
COMING SOON
Boxes
Save, earn, grow & achieve all your financial goals
100% digital experience
Forget paperwork or branch visits. Do it all on the app
COMING SOON
Introducing Boxes
A new way to save, grow, & achieve all your goals. Access flexible credit, high returns, & a whole lot more.
COMING SOON
Shop online with a virtual debit card
Physical card coming soon
Block/unblock card when you want
Stay protected against fraud
coming
soon
Earn reward points on every spend
Claim cashback with points
coming
soon
Earn reward points on every spend
Claim cashback with points
Block/unblock card when you want
Stay protected against fraud
Reset card PIN from the app
No bank visits, no hassle
MoneyTap transitions to FREO, a credit-led neobank
FREO Neobank for Millennials: Digital savings account…
FREO: India’s first credit-led neobank is here
*Interest rates up to Rs 1 Lakh : 3.50%; Above Rs 1 Lakh upto Rs 5 Lakhs : 6%; Above Rs 5 Lakhs upto 2 Crores : 7%; Above Rs 2 Crores : 5.50%