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
Mar 7, 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
Fit Hemant
March 24, 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
1 person found this review helpful
Freo - Smarter, Better, Bigger Banking
March 26, 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.
pooja aggarwal
February 28, 2024
Time displayed on payment transactions is wrong. Wanted to update or correct it,no option Payments qre always under process. confirmation comes late.
Freo - Smarter, Better, Bigger Banking
February 29, 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.
Rajesh Acharya
December 15, 2023
Freo pay later app does not work at all... sent mail so many times regarding transaction issue but no one is responding....For loan recovery they are so much run behind u .. 1000 people keep on calling u for payment .. but for any app related issues no one is avilable and all numbers gets blocked... super app... keep it up,.. 😂😂😂😂
41 people found this review helpful
Freo - Smarter, Better, Bigger Banking
December 15, 2023
Hi Rajesh. Apologies for any inconvenience caused. We're currently facing a technical issue that may take a couple of days to resolve. Rest assured, our dedicated team is working diligently to fix this as swiftly as we can.

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.