Fincare Small Finance Bank Offers 101 First Savings Account with zero balance account facilities. In this digital savings account, you will get an Instant Savings Account and a High-Interest rate on savings and fixed deposits.
Table of Contents
Features of Fincare Bank 101 Savings Account.
- Zero Balance Account.
Fincare Bank’s 101 First savings Account Holder need not maintain Average Monthly Balance.
- Higher Interest Rate.
As of now the interest rate of the savings account starts from 5% to 7% and 6.5% on fixed deposit.
- Free Virtual Debit Card.
There is no debit card maintenance. You can withdraw 8 free ATM transactions per month.
- Make Your Life Easy Through Phone Banking.
You can pay your bills online through NEFT/IMPS/RTGS with the Fincare Small Finance Bank mobile banking apps.
Benefits of Fincare Bank 101 Savings Account.
Higher Interest Rate.
Currently, Fincare Bank 101 Savings Account Offers comparatively higher Interest rate on Saving and Fixed deposit account to other banks.
- Video KYC.
Video KYC of Fincare Banks gives applicants a branch-like experience at home.
- Number of Money Transactions.
This 101 Fist digital savings account provides five transactions in non-metro areas and three transactions in urban areas are free per month.
- Instant Opening Account Facilities.
Eligibility Criteria for Fincare 101-First Savings account.
- Any individual Indian citizenship person with has aged of more than 18 years old can apply.
- Aadhaar Linked Mobile Number, Aadhaar Card, and Pan Card Number.
How to open Fincare Zero Balance Account?
You have to follow the given below steps to complete the process.
Step-1
Click on Apply Now to Begin the account opening process.
Step-2
In this Step fill your Mobile Number, E-mail Address, and PAN Number.
Step-3
Authenticate Your Mobile Number.
Step-4
Add Your Aadhaar Linked Mobile and verified with OTP.
Step-5
In This Step, you have to fill in your Basic Name, Date of Birth, and Aadhaar Registered Mobile Number.
Step-6
You can fill in your communication address if it’s different from the Aadhaar address.
Step-7
Upload Your Photo and Sign.
Step-8
Fill Parent’s Name and Nominee details.
Step-9
Add other personal details such as your parent’s name and nominee. After completing this step you will get an account number.
You can download Fincare Mobile Bank App to enjoy all banking services.
Points Need to remember in Fincare Bank 101 Savings Account
You have to complete your full KYC with one year.
About Fincare Small Finance Bank.
Fincare Small Finance Bank is a small finance bank and has been started banking operations on 21st July 2017.
The RBI approved Banking Licenses to Disha Microfin in May 2017. Future Financial Services and Disha Microfin combined as Fincare Small Finance Bank.
Banks Offer products such as Current Accounts, Savings Accounts Fixed Deposits, NRI Fixed Deposits, Institutional Finance, Micro Loans, and Loans against Gold.
Bank has a registered office at Ahmedabad, Gujarat, and its Corporate Office is located at Bengaluru, Karnataka.
Currently, Mr. Rajeev Yadav is MD and CEO of Fincare Small Finance Bank.
FAQ
- Fincare Bank 101 Savings Account is a Zero Balance Account?
Definitely Yes.
- Is opening an account in Fincare Small Finance Bank Safe?
Yes. RBI has given banking licenses and its 3 years have shown successful growth of its net worth income.
- Can I Apply Online for Fincare Bank 101 Savings Account?
Yes.
- Is there Video KYC Available for Fincare Bank 101 Savings Account?
Yes.
- Can I migrate to the 101 Priority Account?
Yes. You can switch any points as per bank norms.
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