Freo – Save. Borrow. Shop.

Now, do more with your money with the all-new Freo app. Open a digital savings account in 2 minutes and unlock a lifetime credit line of up to ₹ 5 Lakh from MoneyTap. With Freo Pay, you can shop better and pay later with up to Rs. 10,000. Enjoy better, new-age digital banking with the Freo savings account, in partnership with Equitas Small Finance Bank. Earn the highest rate of interest in the country with up to 7%* on your savings. Freo also offers Recurring Deposits and Fixed Deposits with attractive returns of up to 8.25% and 8.9% per annum respectively. Achieve your goals with banking that puts your hard-earned savings to work.

Important note: Interest rates vary based on the account balance, starting from 3.50% for up to ₹ 1 lakh, 5.25% for above ₹ 1 lakh and up to ₹ 5 lakhs, and 7.00% for above ₹ 5 lakhs. Interest is calculated on the daily closing balance and paid quarterly by direct credit. For more information about the interest rate slabs, please refer to the provided link. Contact for any queries.