Freo -Pay, Save, Borrow, Cards 2.7.0

Freo App offers a comprehensive financial solution, providing features for payments, savings, and borrowing, all in one convenient application.

Simplify your financial management with Freo - whether you need to make purchases, save for the future, or access credit.

Shop Now, Pay Later with Freo (formerly Freo Pay), a leading Finance App in India, offering a seamless pay-later feature that provides instant access to credit up to ₹10,000 for shopping needs both online and offline. You can conveniently pay merchants by scanning QR codes and settle the bill at a later date.

Freo presents an array of benefits such as zero interest and maximum convenience, allowing you to shop without immediate payment, manage monthly bills effortlessly, and conduct secure transactions throughout India.

With Freo RuPay Cards, users can access credit on UPI through a Freo Yes Bank Credit Card (RuPay) enabling 'Scan & Pay with credit' functionality. Additionally, users can enjoy unlimited 1% cashback on shopping transactions (VISA).

Freo eliminates cash hassles by providing flexible borrowing options within the app. From personal loans to flexible credit lines ranging from ₹3,000 to ₹5 lakhs at competitive interest rates with minimal processing fees and adjustable EMI choices. Notably, interest is charged only on the borrowed amount, not the entire approved credit line.

Key features include the ability to borrow funds within the approved credit limit as needed, pay interest solely on the utilized amount, obtain instant personal loans without collateral risks, benefit from a fully digital and paperless process, and customize flexible EMI plans.

Loan terms include borrowing amounts from ₹3,000 to ₹5 lakhs, interest rates ranging from 12% to 36% per annum, APR from 10% to 70%, EMI tenures spanning 3 to 36 months, and low processing fees along with line setup charges.

For example, for a ₹1,00,000 personal loan borrowed for one year at an interest rate of 13% per annum*, additional costs would apply such as processing fees, setup fees to be paid upfront, interest charges, and the total EMI amount.

Partnering with YES Bank Ltd., Equitas Small Finance Bank, Transactree Technologies Pvt Ltd., NDX Financials Services Pvt Ltd., among others allows Freo to offer enhanced financial services.

Grow your savings significantly with Freo by earning up to 7%* interest on your savings account powered by Equitas Small Finance Bank. You can benefit from higher interest rates based on your balance size ensuring effective multiplying of your savings. The saving solutions provided are secure, simple, and rewarding for all users.

Promotional fixed deposit interest rates rise up to 8.5%* p.a., with senior citizens having the potential to earn up to 9%* p.a. To explore these opportunities or receive more information about terms & conditions visit: https://bit.ly/FreoInterestRates

Contact: [email protected]