NiyoX – Savings Account by Equitas SFB in partnership with Niyo Qorus Banking Innovation Awards 2021

Submitted by

Equitas Small Finance Bank

Premium
25/09/2021 Banking Innovation
No wonder some call it “007 banking”!
Innovation details
Country
India
Category
Neobanks & Specialized Players
Keyword
Savings & Investments, Open Finance & New FS players

Innovation presentation

NiyoX is a Mobile Banking Application, which offers various financial products and services. NIYO has collaborated with ESFB in offering a 2-in-1 Account i.e. Investment Account + Savings Account. NIYO Banking App targets millennials who are tech savvy. NiyoX Equitas Digital Savings account is one of the best bank accounts for your savings. This online savings account with Equitas Small Finance Bank is ideal for people new to neo banking with its instant savings account opening and simplified and transparent process. To put things in perspective, here are a few hallmarks of this account: • Zero balance savings account • Highest interest rate savings account with a 7% interest* • 2-in-1 offering of a savings bank account with wealth management as well • Frequent rewards and offers • Customizable Platinum Visa Debit Card • The industry-best interest rate that you get makes your money do the work for you. With each ECom/POS/UPI transaction, you get the chance to earn rewards. You also get a digital debit card and the option to order a customizable Platinum Visa Debit Card

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