Fi is a money management platform that re-imagines the banking experience in India. The Federal Bank Account offered through our App, is a digital bank account that gives you the fastest way to open a bank account online.
You can do everything from the Fi App, including p2p payments, fund transfers, bill payments, and more, with features to automate every action. You also get a Debit Card, spends insights and tools to grow your investment and earn rewards.
You will continue to earn returns as usual on your Mutual Fund investments even when they are pledged for a loan. There will be no change in that. Your Mutual Funds are pledged as a security/collateral against which you get a loan.
Your SIPs will also remain active. Any new Mutual Funds investments you do will not be pledged.