Freo - UPI, Insurance, Loans 3.3.2

The Freo App offers a comprehensive financial solution with features that encompass payment, investment, borrowing, and insurance functionalities within a single interface.

Users can access flexible loan options, invest in digital gold, secure tailored insurance plans, and experience quick UPI payments. This app aims to provide a holistic approach to money management.

• Digital Gold Investment:
  • Begin investing with as little as ₹10
  • Secure 24K gold without the hassle of physical storage
  • Buy and sell anytime and anywhere
• Insurance Solutions:
  • Access curated insurance plans
  • Coverage for vector-borne diseases such as Malaria and Dengue
  • Daily cash benefits during hospitalization
  • Comprehensive vehicle insurance
  • Women-centric health plans
  • Pet insurance options
  • Protection for valuables and significant purchases
• Fixed Deposits:
  • Book fixed deposits starting from ₹1,000 with returns up to 9%
  • Flexible tenures to accommodate various needs
  • Partner with trusted banks and institutions

The Freo App is designed to make the initiation of financial services straightforward for users. It encourages newcomers to start small and explore its functionalities.

Freo UPI facilitates secure and rapid payments across India, addressing a range of payment needs efficiently.

• UPI Features:
  • Money transfer via BHIM UPI
  • Check bank account balance
  • Manage multiple bank accounts within the app
  • Save beneficiaries for quick transactions
  • Make offline and online payments for various services including utilities and recharges

The borrowing feature, formerly known as MoneyTap, presents a user-friendly loan experience, characterized by swift processing and competitive offers. Highlights include:

• Loan amounts ranging from ₹3,000 to ₹5 lakhs
  
• Pay interest only on utilized amounts
  
• Instant loans without collateral requirements
  
• Digital and paperless application process
  
• Flexible repayment options

Loan terms articulate clarity on borrowing conditions, including competitive interest rates based on the user's risk profile.

The app partners with several reputable lending institutions to ensure reliable service delivery:

• SMFG India Credit Co. Ltd.
  
• Incred Capital Financial Services Pvt Ltd
• Kisetsu Saison Finance (India) Private Limited
• Cholamandalam Investment and Finance Company

User permissions are clearly outlined for functionality purposes, ensuring transparency in data usage during registration and transactions.

For inquiries or further assistance, users may contact: [email protected]