Freo Save - up to 9% interest

4.4
12.8K reviews
100K+
Downloads
Content rating
Everyone
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About this app

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 ₹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, https://bit.ly/FreoInterestRates

Contact us at hello@freosave.com for any queries.


https://bit.ly/FreoInterestRates
Updated on
07 Mar 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region and age The developer provided this information and may update it over time.
This app may share these data types with third parties
Personal info, App activity and App info and performance
This app may collect these data types
Location, Personal info and 3 others
Data isn’t encrypted
You can request that data be deleted

Ratings and reviews

4.4
12.8K reviews
SS “TamizhindiaN”
13 April 2024
Have been using it for several months & had a good experience. Got Full KYC confirmed today. Will use it now, update in a month or so. It functions very smoothly.
1 person found this review helpful
Freo - Smarter, Better, Bigger Banking
15 April 2024
Hello, Thank you for sharing your valuable and insightful feedback. If you have any other suggestions or feedback, please don't hesitate to reach out to us at hello@freosave.com. We appreciate hearing from you!
pooja aggarwal
28 February 2024
Time displayed on payment transactions is wrong. Wanted to update or correct it,no option Payments qre always under process. confirmation comes late.
1 person found this review helpful
Freo - Smarter, Better, Bigger Banking
29 February 2024
Hi Pooja. We apologize for the inconvenience, but we couldn't find your details. To assist you, please provide your registered email address by clicking on this link: (https://bit.ly/Freosave). We look forward to helping you further.
Fit Hemant
24 March 2024
This was very poor app my money was stuck to freo save I changed my mobile and open my freo account in new phone but my account was not open I need money urgently but this app was not any customer care number this is so bad and cheap bank please guyz do not try this app this was cheap and cheater bank
3 people found this review helpful
Freo - Smarter, Better, Bigger Banking
26 March 2024
Hi Hemant. We apologize for the inconvenience, but we couldn't find your details. To assist you, please provide your registered email address by clicking on this link: (https://bit.ly/Freosave). We look forward to helping you further.

What's new

We have made achieving your financial goals super easy for you. Using Goals you can create, customize and track your goals and make most of your money. Plus, we've made the app a lot smoother to use & squashed some bugs.