Freo

UPI, Credit Cards, Credit on UPI, Loans, Savings, Fixed Deposits, Credit Score

Freo App, where you can Pay, Save, and Borrow, all within a single application.

With Freo - Scan & pay across India 🇮🇳 - UPI Payments, Bank to Bank Transfer, Merchant Payment Account to Account Transfer, Bill Payment, QR Scanning - Powered by UPI

Link your bank account on Freo app to transfer money with BHIM UPI instantly! Freo app is safe, secure, meets all your payment, investment, insurance & banking needs.

Freo allows you to:

• Money Transfer with BHIM UPI

• Check Bank Account Balance

• Manage Multiple Bank Accounts in Freo app

• Save Beneficiaries across banks

• Make Offline Payments (Scan & Pay via QR Code at local stores like kirana, food, medicines etc.)

• Make Online Payments (food-grocery orders, shopping, travel bookings)

• Pay for Recharges (Prepaid-Postpaid mobile bills, Cable-OTT, Wi-Fi)

• Pay your utility bills (Gas, Electricity, Water etc.)

• Buy/Renew Insurance Policies (Car / Two-wheeler)

• Book an Fixed Deposit instantly

Shop Now, Pay Later with Freo (formerly Freo Pay)

As one of India's top Finance Apps, Freo with its smooth pay later feature, allows instant access to money for your shopping needs (online + offline).

How? Using Credit on UPI powered by Rupay Credit Cards

Connect any Rupay Credit Card to Freo & enjoy UPI Payments on Credit

Don't have a Rupay Card? No worries.

• Get Freo Yes Bank Credit Card (RuPay) and 'Scan & Pay with credit'

• Also, enjoy 1% UNLIMITED cashback* on your shopping (VISA)

Borrow flexibly with Freo (formerly MoneyTap)

A Personal Loan with Freo stands out as we charge interest only on the amount you borrow, not the full credit line approved.

Best Features

● Borrow small or big (any amount from ₹3,000 to ₹5 lakhs)

● Pay interest only on the amount you use

● Instant loans with no collateral risk

● 100% digital & paperless process

● Flexible EMIs

Loan Terms:

● Amount: ₹3,000 to ₹5 lakhs

● Interest rates: 12% to 36% per annum

● APR: 10% to 70%

● Tenures: 3 to 36 months

● Low processing & line setup fees

For ₹1,00,000 personal loan, for 1 year, @13% per annum*, a user would pay:

- Processing fee (at 2%) = ₹2,000 + GST = ₹2,360

- Setup fee of ₹999+GST = ₹1181/- to be paid upfront

- Interest = ₹7,181

- EMI = ₹8,932

Total amount to pay = ₹1,10,725/-

*Interest Rate varies based on your risk profile. Only a fraction of our customers get an interest rate higher than 30% p.a.

Our Lending Partners:

→ SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Company Limited)

https://bit.ly/46KNzh9

→ Incred Capital Financial Services Pvt Ltd

https://bit.ly/3eTT0op

→ Kisetsu Saison Finance (India) Private Limited

https://bit.ly/FreoCS

→ Cholamandalam Investment and Finance Company

https://bit.ly/Cholamandalam

→ Transactree Technologies Pvt Ltd

https://bit.ly/3UkU5WJ

→ Tapstart Capital Pvt Ltd.

https://bit.ly/3qOUeEc

Our Partners:

→ YES Bank - YES Bank Ltd.

→ Equitas SFB - Equitas Small Finance Bank

→ Lendbox - Transactree Technologies Pvt Ltd

→ Liquiloans - NDX Financials Services Pvt Ltd

Save more with Freo

Earn up to 7%* interest on your savings account powered by Equitas Small Finance Bank. Visit: https://bit.ly/FreoInterestRates *T&C Apply

Book a Fixed Deposit instantly starting from ₹1,000/- at 8% interest in Freo app

Permissions for App and reasons

SMS: to verify Phone number for registration

Location: a requirement by NPCI for UPI transactions

Contacts: for phone numbers to send money to and numbers to recharge

Camera: to scan QR code

Storage: to store scanned QR code

Photos, Media, Files: to upload & read the QR code

Accounts: to pre-populate email ID while signing up

Call: to detect single vs dual sim & let user choose

Microphone: to carry out KYC video verification

Contact: hello@freo.money