The banking scenario in India is changing rapidly and the neo banking apps are giving it a boost. Today we will be discussing one such amazing app Fi Money. With the help of this guide, I will explain to you how you can add funds or money in Fi Money account.
When you open a Fi Money account it is a zero balance account so you need not worry about maintaining balance. But it is better to have something than nothing in the account.
Hence you should consider adding money to your Fi Money account after opening it. If you want to get all the benefits then you should add money and transact using the Fi Money app.
The Process to Deposit Funds into Fi Money Account
This is an inbuilt option in the Fi Money app that uses the UPI services to add money into your account. Here the money is added from your alternative bank account using any UPI app that you have installed on your smartphone.
- Open Fi Money app.
- Login to your account.
- Tap on the “Add Money” button.
- Enter the amount of money you would like to add.
- Enter the UPI ID of your alternative account from which you would like to add funds.
- Approve the request in your UPI app.
- The funds will be successfully added to your Fi Money account.
The addition of funds depends upon the success of the UPI transactions. Here Fi Money will send you a UPI request on the UPI ID you mention in Step number 5.
You have to open your UPI app and approve the request. Please make sure that you don’t close the app while the transaction is in progress. And never approve any unknown UPI payment requests.
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