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Freo - Save. Borrow. Shop. app for iPhone and iPad


4.2 ( 5552 ratings )
Finance
Developer: MWYN Tech Pvt Ltd
Free
Current version: 1.8.8, last update: 6 months ago
First release : 25 Mar 2022
App size: 102.44 Mb

Now, do more with your money with the all-new Freo app.

Open a digital savings account in 2 minutes.

Unlock a lifetime credit line of up to ₹ 5 Lakh from MoneyTap.

Shop better and pay later with up to Rs. 10,000 from Freo Pay.

And there’s more!

Enjoy better, new-age digital banking with the Freo savings account, in partnership with the trusted Equitas Small Finance Bank. Open your savings account on Freo in just 2 minutes and earn the highest rate of interest in the country with up to 7%* on your savings.

Make earning for your goals a habit with Recurring Deposits on Freo.

Open a paperless account in 2 minutes
Earn returns of up to 8.25% per annum
No foreclosure charges
Start as low as Rs. 1000

Fight market volatility with a high-interest-generating Fixed Deposit on Freo.

Open a paperless account in 2 minutes
Earn returns of up to 8.9% per annum
No foreclosure charges
Start as low as Rs. 1000

Achieve your goals with banking that puts your hard-earned savings to work.

Important note:
Interest Rate and Minimum Balance
→ 3.50% - Up to ₹ 1 lakh
→ 5.25% - Above ₹ 1 lakh and up to ₹ 5 lakhs
→ 7.00% - Above ₹ 5 lakhs

Interest will be calculated on the daily closing balance of the account.
Interest will be paid quarterly by direct credit in the savings account.
Slabs rates are applicable on the incremental amount based on the closing balance.

To know more about the slabs, click here.

Contact us at [email protected] for any queries.