Niyo X Review || Niyo Salary Account

Niyo Equitas Bank || Niyo X Review || Niyo Salary Account 

NiyoX, India's leading fintech company, launched another leading mobile-first digital banking solution, NiyoX, in partnership with Equitas Small Finance Bank and VISA. Their new product brings 2-in-1 digital savings account and asset management platform that helps you grow your money with it.

Ahead of the launch, Niyo conducted a nationwide survey among 8000 millennials living in metro and non-metro cities to understand their banking needs post COVID-19. Remarkably, 55% respondents said they’d switch banks for rewards & offers and the rest 45% for better interest rates. 

NiyoX aspires to address this with its compelling features: a digital savings account with a VISA Platinum Debit Card, an industry-high 7%* p.a. interest rate on account balance, instant account opening through a seamless digital onboarding process, and a promise of “zero non-maintenance fee”. It’s a perfect solution for the fast-paced lifestyle of today’s millennial Indian.

Niyo X Review - A Digital Saving Bank Account 

Niyo X is a Digital Saving Account that allows you to save money like you do with a bank account, but without the need of visiting a bank, or waiting in line. Here is a full Niyo X Review: 

What is Niyo X?

NiyoX is a product developed by Indian neo-banking promoter Neo in the company of Equitas Small Finance Bank, designed to decode banking. This eliminates the clutter of banking you know today and makes financial monitoring less difficult, more secure and smarter. NiyoX's Quick and Lightweight Neo Banking App is clearly designed to meet the needs of recent college graduates.

NiyoX is the first product in a while to offer 2-in-1 savings and asset management systems, providing you with both reliability and support to meet your savings goals. This time you don't have to have two separate apps for each of your financial transactions. The integrated app also eliminates the need to go through the KYC process separately for your mutual asset investment account. Getting KYC done is usually a weird process, yet an e-KYC function with NiyoX applies to your savings and wealth accounts - that's all. Read More: Slice Credit Card Benefits 

Document Required To Open Niyo X Bank Account 

To open a zero balance account with NiyoX, all you need is your

• Aadhaar Card 
• Pan Card 

These documents will help them retrieve their own data and verify for your KYC. This is a prerequisite from the subsidiary bank for opening an advanced account.

We will send you an OTP during the onboarding process to open your web-based savings account. OTP is sent from your mobile number registered with your Aadhaar, so make sure you are not using the NiyoX app from an alternate number, or the number registered with your Aadhaar is useful.

NiyoX Bank Account Charges 

While bank fees can be a pain, they're also unavoidable. But finding a bank that doesn't charge you any is nearly impossible. Niyo equitas charges no fees on account opening.

0% Commission on Mutual Property Investments

0 account maintenance charges, i.e. zero balance savings account

Interest up to 7% * on account balance

How To Open A NiyoX Bank Account 

To open a NiyoX Bank Account you need to follow these steps:

• Download the NiyoX Bank App, to download the app click here
• Get Rs 200 instant Enter this Code DIVYA940952

• Register with your mobile number and email address
• Verify your identity by uploading your valid Aadhaar Card & Pan Card 
• Enter your data

The onboarding process is really clear and easy to follow once you download the app. This will help you to open your NiyoX account and start your neo banking venture in seconds. Just follow the steps and keep your PAN and base useful to start using your zero balance savings account.

NiyoX Debit Card Charges

You will also have the option to arrange a computerized debit card and a customizable Platinum Visa debit card. All you have to do is download the NiyoX app to start your neo-banking journey! 

Niyo platinum debit card charges 150+ GST annual charges. Its current promotional offer is direct until March 31, 2022, postponing your first year's annual fee. So hurry up, complete your biometric and get your card now!