Fino Payments Bank interest rates · November 2026
Overview
Fino Payments Bank (Fino) is a payments bank, headquartered in Navi Mumbai, established in 2017.
Rates as of 1 Dec 2025, verified from official source. RBI-licensed payments bank: savings accounts only (no FD/RD); deposits insured by DICGC up to ₹5,00,000.
RBI record
Every RBI press release since 1 Jan 2024 that names Fino Payments Bank, newest first, each linked to RBI. Checked every week; last on 11 Nov 2026.
A monetary penalty is a fine for not following an RBI rule. On its own it does not stop the bank taking or repaying deposits; RBI does that through directions, which are listed here when they apply.
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RBI fined the bank ₹29.60 lakh
RBI's reason: “for non-compliance with certain directions issued by RBI on ‘Licensing of Payments Banks’”
What RBI found
“The bank breached the regulatory ceiling of end of the day balance, as applicable for a payments bank, in certain accounts on several occasions.”
RBI says: “The action is based on the deficiencies in the regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.”
This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.
Branches
82 branches in 72 districts
Most branches: Thane 3, Begusarai 2, Bhopal 2
From RBI's IFSC directory (updated 1 Nov 2026). Counts can include recently merged or closed branches; check the bank's branch locator before visiting.
Fino rates
Every rate, tenure by tenure, and what your money grows to.
Fino Savings rate changes
Changes to Fino's savings account rates that RateScan.in has recorded since it started tracking them on 19 Sept 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.
No change to Fino's savings account rates has been recorded since tracking started on 19 Sept 2026.
Good to know
Fino Payments Bank is an RBI-licensed payments bank: it offers savings accounts only, no fixed or recurring deposits, and caps balances at ₹2 lakh per customer. Deposits are insured by DICGC up to ₹5,00,000 per depositor (principal + interest).
Informational only. Always confirm the current rate on the official Fino website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.
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