With 0% Forex markup* on international spends
Just use your mobile number & OTP to track contributions and interest earned.
Making it possible for everyone to invest in mutual funds.
100% digital paperless application!
While we give you Loan approval in 2 minutes!
You’re welcome to come check your eligibility even if you don’t have it.
View all your bank statements in one dashboard. Analyze spending with advanced categorisation
View all your monthly bills with the due amount and date in one place
Set reminders & pick your mode (email, push notification, SMS) and never miss a due date
Now refer your friends on to our NiyoX app and earn exciting rewards!
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. NiyoX is available on the Play Store and App Store, and through this, we want to demystify banking and make it simple, safe, and smart for the modern banker. You can open your NiyoX Equitas Digital Savings account in just a few minutes without having to wait in lines or visit your local bank.
To put things in perspective, here are a few hallmarks of this account:
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, because we know you like to flaunt your style and stand out from the crowd. All you need to do is download the NiyoX app to get started on your journey of neo-banking!
NiyoX, a state-of-the-art neo banking solution for millennials, in partnership with Equitas Small Finance Bank and Visa, offers a 2-in-1 account that gives you access to a wealth management suite on top of a savings account. With NiyoX, we aim to decode banking for millennials with the ‘007’ package:
In partnership with Equitas Small Finance Bank, NiyoX offers you more than its 007 package:
In addition to these attractive features, we also focus on customer feedback to make the app experience as pleasant as possible. Our customers are always at the core of our decisions, and through NiyoX we regularly offer cashbacks and run rewards campaigns to make sure that this is the best bank account for savings that you can have.
With NiyoX, we aim to decode banking for millennials with the ‘007’ package of zero commission mutual funds, zero balance savings account, and 7%* p.a. interest rate. The NiyoX app is intuitive and simple to use, with the promise of making banking simple, safe and smart for all our customers.
NiyoX offers you an array of exciting features that make it the best bank account for your savings:
Opening a savings bank account with NiyoX is quick and easy. All you have to do is:
The onboarding process once you download the app is pretty self-explanatory and simple to follow. It will help you open your NiyoX account and get started on your neo banking journey in no time. Just follow the steps and keep your PAN and Aadhaar handy to start using your zero balance savings account.
To create your zero balance savings bank account with NiyoX, you will only need your:
These documents will help us fetch your personal information and verify it for your KYC. This is also a requirement from the partner bank for opening a digital account.
We will send you an OTP during the onboarding process for your online savings account opening. The OTP is sent to your mobile number registered with your Aadhaar, so make sure you are not using the NiyoX app from a different number, or have the number registered with your Aadhaar handy.
NiyoX is here to make banking simple, safe and smart for you. Don’t waste another moment and open your NiyoX instant savings account now to avail of exciting offers and a 2-in-1 wealth and savings account!
It is a feature in the NiyoX app that helps people who want to build a habit to regularly save and invest in mutual funds with small amounts.
“Invest the Change” allows you to round up all your spending (food order, cab fares, OTT subscriptions, etc.) made with your NiyoX account to the next 10, 50, or 100 rupees and save the spare change. Your transactions made in person at the stores, online purchases, UPI, and fund transfers – basically, all debits in your savings account (except for mutual fund investments) count as spends. The spare change that gets created with each of these transactions, keeps accumulating. The moment the accumulated change reaches the INR 100 threshold, it automatically gets invested in a mutual fund of your choice.
** NiyoX is currently unavailable in Andaman & Nicobar Islands, Arunachal Pradesh, Assam, Bihar, Dadra & Nagar Haveli, Daman & Diu, Goa, Jammu & Kashmir, Jharkhand, Lakshadweep, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, West Bengal & Eastern UP