In partnership with

freo

freo screenshot freo screenshot freo screenshot

save

Higher interest than your savings account

With an incredible 7%* interest, Freo Save is better than all your accounts.
7.0% Savings account 3.5% 4.5% Fixed deposit 3.8% Recurring deposit
  • 100%
  • 80%
  • 60%
  • 40%
  • 20%
  • 0%
  • 7.0%

  • 3.5%

    Savings account
  • 4.5%

    Fixed deposit
  • 3.8%

    Recurring deposit

Digital savings account interest rate

More rewarding than your savings account

Account balance EARN INTEREST
Above ₹25 crore 7.8%
Above ₹5 lakh and upto ₹25 crore 7.0%
Above ₹1 lakh and up to ₹5 lakh 5%
Up to ₹1 lakh 3.5%
*Account Balanace above ₹25 crore shall receive 7.8% interest. Simply use your account to unlock access to great shopping & credit products

Access a lifetime credit line up to ₹5 lakh. Pay interest only on what you use.

People use it for
  • Travel

  • Wedding

  • Medical

  • Education

  • Home Renovation

  • Laptop

  • Car

  • Mobile

Shop now, pay later with up to ₹8,000
at 0% interest for 30 days.

People use it for
  • Tea

  • Groceries

  • Restaurant

  • Fuel

  • Travel expenses

  • COD

  • Online shopping

Safer than your savings account

When you save with us, you can be assured that your money is completely protected
  • ₹5L

    Insurance
    on balance

  • Safe & secure banking

  • Guaranteed data security

Backed by a banking dream team

We’ve worked with the best minds in the business to make sure that your money is always secure

The Freo Save
advantage

Interest rate

Interest that’s unbelievable

At 7%*, you’ll enjoy one of the highest returns on savings

Zero balance account

Zero balance account

Zero balance requirements mean zero worries for you

Customer support

Shop smarter & get credit

Get quick access to incredible shopping & credit products

Freo Save home screen
fraud protection

₹5L deposit insurance

Your money is insured up to ₹5L as per RBI guidelines

Personal Credit Journey Advisor

Boxes

Save, earn, grow & achieve all your financial goals

daily tracking

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.

Better than your debit card

Better than your debit card

1

Shop online with a virtual debit card

Physical card coming soon

3

Block/unblock card when you want

Stay protected against fraud

2

coming
soon

Earn reward points on every spend

Claim cashback with points

2

coming
soon

Earn reward points on every spend

Claim cashback with points

3

Block/unblock card when you want

Stay protected against fraud

4

Reset card PIN from the app

No bank visits, no hassle

Freo in the news

*Interest rate up to ₹1 Lakh: 3.5%; Above ₹1 Lakh up to ₹5 Lakh: 5%; Above ₹5 Lakh and up to ₹25 Crore : 7%; Above ₹25 Crore : 7.8%

Contact Us

Get in touch with us with your questions.