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In partnership with which SFB has Freo Neo bank has launched ‘Freo Save’ Saving account?
A)
A U Small Finance Bank
B)
Ujjivan Small Finance Bank
C)
Utkarsh Small Finance Bank
D)
Equitas Small Finance Bank

Correct Answer :   Equitas Small Finance Bank


Freo, India’s first of its kind, credit-led neobank has announced its plan to launch its zero-balance savings account, called Freo Save in collaboration with Equitas Small Finance Bank.
 
After the founders have previously launched MoneyTap and have championed the lending and credit business with a disbursal more than 4400 crores, this launch is a logical step towards the Freo brand fulfilling its promise to bring the whole suite of financial products to the customer to help in every step of their financial journey throughout life.

Freo Save allows customers to make informed financial decisions and strengthen their credit profile in the process. The account also offers a best in class interest rate of 7% (on a balance of Rs. 1 lakh and above), world-class customer support, and seamless integration with UPI to make funds transfer and bill payments easier.

Published On : August 26, 2021
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