Freo partners with Equitas Small Finance Bank to launch digital savings account – Bengaluru-based neo banking platform Freo has partnered with Equitas Small Finance Bank to launch its digital savings account ‘Freo Save’. In India, It has become the first consumer neobank to provide full-stack neo-banking products, including smart savings accounts, credit and payments products, cards and wealth-growth products.
Features of Freo Save:
- Freo Save will offer quick access to credit & shopping and through its partnership with Equitas Small Finance Bank.
- It will provide up to 7% interest on customer savings for balances above ₹5 lakh up to ₹2 crore.
- Freo Save will be available in multiple Indian languages, including English, Hindi, and Tamil.
- Freo Save will bring together our expertise in banking services and Freo’s strength in lending to offer consumers a world-class consumer-first digital banking experience
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