- The name of the saving account is ‘Freo Save’.
- The account was launched in partnership with Equitas Small Finance Bank (SFB).
- The ‘Freo Save’ Saving account grants a 7% interest rate and allows to have a minimum balance of Rs 1 lakh.
- It enables seamless integration with UPI which allows the customer's transfer funds in an online manner and make secure bill payments.
- It also allows customers to maintain better credit scores and offers world-class customer support service.
- Static Part:
- Neo Bank: It is a type of digital bank without any branches. It works in an online manner and is not available in the physical presence
- HQ of Equitas SFB: Chennai, TN
- Tagline of Equitas SFB: Its Fun Banking
Question:
Q.1 In partnership with which SFB has Freo Neo bank has launched ‘Freo Save’ Saving account?
a. Equitas Small Finance Bank
b. Ujjivan Small Finance Bank
c. A U Small Finance Bank
d. Utkarsh Small Finance Bank
a. Equitas Small Finance Bank
b. Ujjivan Small Finance Bank
c. A U Small Finance Bank
d. Utkarsh Small Finance Bank