Fino Payments Bank is one of the fastest growing payment banks in India, providing awarded Digital Payments Award 2018-19 by the Ministry of Electronics and Information Technology (MeitY). Fino payments bank is serving in urban areas and with same dedication in rural area therefore becoming the first payments bank to go live with 410 branches and more than 25,000 banking points on day one. The bank was incorporated on 4th April, 2017 with the name Fino Payments Bank Limited.
Fino Paytech Limited established in year 2006 is the parent company of Fino Payments Bank. Working as banking software company, providing services to banks, government and insurance companies. Later in 2014 after launching Domestic Money Transfer services Fino started spreading its name in thousands of general public building trust by providing award winning services. In 2017 Fino Payments Bank was introduced in market and was warmly accepted by people because of their legacy.;
1.Zero balance accounts
2.Instant debit card facility
3.Instant mobile banking facility
4.Interest rates starting from 3.25% to 7.25% p.a.
5.Free accidental/permanent disability insurance upto 2 lakhs on account opening
6.Upto 5 free ATM withdrawals in s month (3 transactions in rural areas)
7.Free SMS alerts
8.No passbook charges
9.Doorstep banking
10.365 days working (except national holidays)
11.12 hours banking services
12.Aadhaar card accepted of any other city for saving account opening.
Accounts – Providing hassle-free account opening facility to customers with minimum documentations.
Types of Accounts
Savings Account
1. Subh Savings Account – Zero balance savings account with instant debit card.
2. Prathma Savings Account – Savings account with instant debit card and MAB Rs.1000/-
3. Saral Salary Account – Savings account with simplified process to credit salaries.
4. Sanchay Savings Account– Upcoming
5. PMJDY Account –Upcoming
Current Account
1. Pragati Current Account – Business account with MAB Rs.5000/- providing doorstep banking facility .
Bpay
Bpay is free and instant mobile banking application of Fino Payments Bank giving user friendly and advanced features solving day to day needs of customers on their fingertips.
Cards
Platinum Debit Card – EVM based latest technology debit card.
UPI
Bpay applications offers UPI based money transfer service.
FASTag
Online FASTag service available for non-stop journey and cashless facility.
