Which bank has partnered with Niyo?
NiyoX is a digital banking app launched by Indian neo-banking pioneer Niyo in partnership with Equitas Small Finance Bank and VISA, designed to decode banking for the millennials.
Niyo Bharat Open banking platform for business and salary card for employees. Lifetime zero balance prepaid card. Multilingual app supporting over 10 languages to bring banking services closer to you. Payroll, HRMS & Salary transfer modules for employers.
Who owns Niyo card?
Vinay Bagri - CEO and Co-founder - Niyo Solutions Inc.
You can use your card for cash withdrawals and the in-app ATM Locator can come in handy to find one near you.
Is Niyo money free?
There are no transaction charges or any hidden fees. It is ideal for first time investors looking to get started quickly as well as for experienced investors looking for goal-planning and automation. - Get better than FD returns at low risk.12-Dec-2022
There are no charges for upgrading the account from minimum KYC to full KYC. It's free of cost.07-Apr-2022
Is Niyo zero balance account?
Niyo Equitas Savings Bank account is a “ZERO” balance account i.e., there is no requirement of maintaining a specified monthly balance. Who all can apply for a Niyo X account? All resident Indians above the age of 18 years can sign up for a Niyo X Account.
Yes, Niyo Global by SBM offers a debit card free for life time and there are no annual charges on it.22-Jul-2022
Can I use Niyo card in India?
The Niyo Global Card is a zero forex markup smart travel card for the new generation of global travellers that eliminates the major pain points they encounter with handling foreign currency during their travels. It's an INR-based card accepted globally (150+ countries), including India.
Yes, you can.11-Jul-2022
Can we trust Neo Bank?
Yes. Neo banks, although do not have a banking license, the money in the customer's account with the neo bank is secure as it is parked with the partner traditional bank that is under strict banking regulations of RBI. Hence, it is safe to open an account and deposit money in neo banks.01-Aug-2022
Niyo, in partnership with State Bank of Mauritius (India) Limited and VISA, brings you the Niyo Global card, a ZERO forex markup VISA Signature debit card that's better than the best forex card in India. It is the perfect bundle for Indian students travelling abroad to study.
What is Niyo salary account?
Open banking platform for business and salary card for employees. Open Account and Complete KYC in 3 minutes. Get a salary credit of ₹20,000 or more. Spend ₹1,200 or more in one shot in the same calendar month. You'll instantly get a scratch card with rewards up to ₹250!
digital savings account
Does Niyo charge for ATM withdrawal?
Hope you'll help others with your recommendation to find the best banking experience through Niyo Global by SBM. For international ATM withdrawal and balance enquiry, you'd be charged ₹100 + GST. These charges remain the same irrespective of the amount you withdraw.31-Aug-2022
Niyo doesn't charge any fee. Niyo Global is an INR-based card that auto-converts the transaction amount into the local currency at the time of purchase. There's no need to load different currencies. The in-app currency convertor can do the math for you!
How do I add Niyo to GPay?
I've linked my Niyo SBM account to Google Pay.Upi not available at Google pay or phone pe
The first card that you order through the NiyoX app will be free and there will not be any AMC (Annual Maintenance Charge) for a year. From the second year, the charges would be 150+GST.
Is Niyo Global RBI approved?
The Niyo Global account is insured for up to 5 lakhs under the “Deposit Insurance and Credit Guarantee Corporation (DICGC)”, a wholly-owned subsidiary of the Reserve Bank of India (RBI).
So no matter whether you study in one country or you are enrolled in off-campus courses that require you to spend each semester in a different country, your Niyo Global card will come in handy, not to mention you/your folks back home can transfer money to your account in INR without having to worry about converting it
Is Niyo and NiyoX same?
As I see, NiyoX primarily offers higher interest rates as compared to Niyo global. Forex charges and other travel benefits are the same for both NiyoX Equitas and Niyo Global.01-Oct-2022
Which bank has partnered with Niyo?