Hotness Fincare Bank: Paperless Zero saving acc, 12 Fre...

Hot Deal Fincare Bank: Paperless Zero saving acc, 12 Free ATM withdraw, 7% interest, 9% FD, Free RuPay card, Zero debit card maintenance charges for the first year.

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Fincare Bank: Paperless Zero saving acc, 12 Free ATM withdraw, 7% interest, 9% FD, Free RuPay card, Zero debit card maintenance charges for the first year.
Deal Expired

Fincare Bank: Paperless Zero saving acc, 12 Free ATM withdraw, 7% interest, 9% FD, Free RuPay card, Zero debit card maintenance charges for the first year:

https://101account.com/inde...ml

Zero saving Fincare – Small Finance Bank, 12 free ATM withdraw per month, Free RuPay classic card, 7% interest, 9% on FD, Zero RuPay debit card maintenance charges for the first year.

Opening a 101 Account using Aadhaar OTP based e-KYC

You can deposit money during the account opening process via payment gateway using your debit card or net banking. You can also transfer money from another account through NEFT/IMPS/UPI at any point of time.

FAQ: https://101account.com/faq...ml

https://cdn0.desidime.com/attachments/photos/599479/medium/522551752EOuNo.png?1577089070

https://cdn0.desidime.com/attachments/photos/599480/medium/5225517DdH4kwn.png?1577089075

https://cdn0.desidime.com/attachments/photos/599481/medium/5225517vsRBM09.jpg?1577089079

Expired almost 2 years
43 Comments  |  
28 Dimers
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Deal Subedar
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got card few days back

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We can add fund through debit card?

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Airtel v 7.25 se start huaa tha or 4% per aa gaya.

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Majestic wrote:

got card few days back

We can add fund through debit card?

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Minimum balance??

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Upi?

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Majestic wrote:

got card few days back

is it platinum variant?

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Opened just now …zero balance now when will i receive debit card ? As therest no option of Debit card request ? How to see it virtual if any?

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Majestic wrote:

got card few days back

How to ?

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remember to look at debit card charges, its 30 per month.

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@samarthmr12397 no minimum balance in 101.

@vsvishnu no upi yet, one of the biggest negative.

@karthi4052752 I have priority account which requires 25k balance, it has platinum card but can’t be used on paypal, sucks.

and everyone, looks at all charges before opening account.

I’m regretting opening account in fincare. I was assured of 10-15 days kyc for priority before opening of account. once account was opened eta became 1 to 1 and a half months. now even after 3 months, there is no kyc. same customer care who vouch for quick kyc if you call and ask how much time kyc will take replies 10-15 days and when I tell them my kyc is pending from 3 months, they tell it’ll be done within a year. so how I am losing? I opened this account specially for 9% fd. now it has limit of 1 lac worth transaction without kyc AND keeping 25k in as balance. so all I could do is have fd less than 65k (so combined interest plus principal doesn’t exceeds 75k in year or will be charged heavily), and earn 3% less in saving account at 6% annum (because to earn 7%, I need 1 lac balance and to have 1 lac balance I need kyc 1st). another thing is hidden charges. I was told atm will be free. once I got atm it had schedule of charges saying free for year. schedule of charges also says atm is free. but they have hidden this under another page that atm is free only for year. another headache is giving tds forms, cheque book request, statement request and much more. since they don’t have a branch, I am asked to visit 500km away to do all stuff required to do in a bank.

so someone is thinking to open fd account 9%, for high savings rates of 7%, beware. things are not so attractive as they looks.

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marketdimer wrote:

@samarthmr12397 no minimum balance in 101.

@vsvishnu no upi yet, one of the biggest negative.

@karthi4052752 I have priority account which requires 25k balance, it has platinum card but can’t be used on paypal, sucks.

and everyone, looks at all charges before opening account.

I’m regretting opening account in fincare. I was assured of 10-15 days kyc for priority before opening of account. once account was opened eta became 1 to 1 and a half months. now even after 3 months, there is no kyc. same customer care who vouch for quick kyc if you call and ask how much time kyc will take replies 10-15 days and when I tell them my kyc is pending from 3 months, they tell it’ll be done within a year. so how I am losing? I opened this account specially for 9% fd. now it has limit of 1 lac worth transaction without kyc AND keeping 25k in as balance. so all I could do is have fd less than 65k (so combined interest plus principal doesn’t exceeds 75k in year or will be charged heavily), and earn 3% less in saving account at 6% annum (because to earn 7%, I need 1 lac balance and to have 1 lac balance I need kyc 1st). another thing is hidden charges. I was told atm will be free. once I got atm it had schedule of charges saying free for year. schedule of charges also says atm is free. but they have hidden this under another page that atm is free only for year. another headache is giving tds forms, cheque book request, statement request and much more. since they don’t have a branch, I am asked to visit 500km away to do all stuff required to do in a bank.

so someone is thinking to open fd account 9%, for high savings rates of 7%, beware. things are not so attractive as they looks.

first Bank need to enabled your RuPay Platinum card for International use then you can try on paypal.

Paypal India website select “Discover card” & pay via RuPay Platinum International card.

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abhishek012 wrote:

first Bank need to enabled your RuPay Platinum card for International use then you can try on paypal.

Paypal India website select “Discover card” & pay via RuPay Platinum International card.

Called fincare after reading your post and they categorically denied any ways to do international payment or even usage outside india. Was told that they do not have approval to make international payments yet and working on it.

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marketdimer wrote:

Called fincare after reading your post and they categorically denied any ways to do international payment or even usage outside india. Was told that they do not have approval to make international payments yet and working on it.

hmm.. I think Small finance banks also not allowed to issue International card, same like payments Bank.

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@Majestic

@marketdimer

use this welcome offer if you guys got Fincare Bank RuPay platinum card

Paytm bank RuPay card: Rs75 off on Bookmyshow movie tickets (Also Valid for other Banks RuPay Platinum cards)

https://www.desidime.com/forums/hot-deals-onlin...

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marketdimer wrote:

@samarthmr12397 no minimum balance in 101.

@vsvishnu no upi yet, one of the biggest negative.

@karthi4052752 I have priority account which requires 25k balance, it has platinum card but can’t be used on paypal, sucks.

and everyone, looks at all charges before opening account.

I’m regretting opening account in fincare. I was assured of 10-15 days kyc for priority before opening of account. once account was opened eta became 1 to 1 and a half months. now even after 3 months, there is no kyc. same customer care who vouch for quick kyc if you call and ask how much time kyc will take replies 10-15 days and when I tell them my kyc is pending from 3 months, they tell it’ll be done within a year. so how I am losing? I opened this account specially for 9% fd. now it has limit of 1 lac worth transaction without kyc AND keeping 25k in as balance. so all I could do is have fd less than 65k (so combined interest plus principal doesn’t exceeds 75k in year or will be charged heavily), and earn 3% less in saving account at 6% annum (because to earn 7%, I need 1 lac balance and to have 1 lac balance I need kyc 1st). another thing is hidden charges. I was told atm will be free. once I got atm it had schedule of charges saying free for year. schedule of charges also says atm is free. but they have hidden this under another page that atm is free only for year. another headache is giving tds forms, cheque book request, statement request and much more. since they don’t have a branch, I am asked to visit 500km away to do all stuff required to do in a bank.

so someone is thinking to open fd account 9%, for high savings rates of 7%, beware. things are not so attractive as they looks.

You just saved many people’s hard earned money..Karma to you..I personally believe if not completely sure these kind of deals should be avoided from posting. I was going to apply for the lucrative FD deal..But thank God I saw your post

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RockChap wrote:

You just saved many people’s hard earned money..Karma to you..I personally believe if not completely sure these kind of deals should be avoided from posting. I was going to apply for the lucrative FD deal..But thank God I saw your post

Thing is, if you have fincare bank in your city, you can just drop and avail full kyc and all other things only a branch could help. If you don’t, avoid it. In normal 101 they have allowed fd upto 90k so that 1st year interest doesn’t exceeds 1 lac account total. But since I opted priority I’m allowed fd upto 65k till full kyc is done. Doesn’t helps me as I make a loss of 3% annum on keeping average balance (which becomes zero if fd crosses 1 lac). If I have chance to go to city where there is branch then I’ll have no big issue cos my main goal is like yours, having fd. But normal 101 which gives 90k limit 1st year and then converts your account to 101 priority when interest earned makes limit cross, has charges on almost everything specially 30 bucks for atm with limited transactions, neft and imps too and in priority atleast netbanking is free.

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kaviarasu wrote:

remember to look at debit card charges, its 30 per month.

30 per month after first year free. good for those who want one year FD and have the bank branch in your city

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marketdimer wrote:

Thing is, if you have fincare bank in your city, you can just drop and avail full kyc and all other things only a branch could help. If you don’t, avoid it. In normal 101 they have allowed fd upto 90k so that 1st year interest doesn’t exceeds 1 lac account total. But since I opted priority I’m allowed fd upto 65k till full kyc is done. Doesn’t helps me as I make a loss of 3% annum on keeping average balance (which becomes zero if fd crosses 1 lac). If I have chance to go to city where there is branch then I’ll have no big issue cos my main goal is like yours, having fd. But normal 101 which gives 90k limit 1st year and then converts your account to 101 priority when interest earned makes limit cross, has charges on almost everything specially 30 bucks for atm with limited transactions, neft and imps too and in priority atleast netbanking is free.

thanks bro, for ur detailed explanation.KG.

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marketdimer wrote:

Thing is, if you have fincare bank in your city, you can just drop and avail full kyc and all other things only a branch could help. If you don’t, avoid it. In normal 101 they have allowed fd upto 90k so that 1st year interest doesn’t exceeds 1 lac account total. But since I opted priority I’m allowed fd upto 65k till full kyc is done. Doesn’t helps me as I make a loss of 3% annum on keeping average balance (which becomes zero if fd crosses 1 lac). If I have chance to go to city where there is branch then I’ll have no big issue cos my main goal is like yours, having fd. But normal 101 which gives 90k limit 1st year and then converts your account to 101 priority when interest earned makes limit cross, has charges on almost everything specially 30 bucks for atm with limited transactions, neft and imps too and in priority atleast netbanking is free.

+1.

looks like everything is chargeable ..

Branch Requests
Any request chargeable at INR 100 per request

Ref: https://101account.com/101-priorit...ml
Fees and Charges.

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Zero balance account open

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Again Fincare live for online account opening.

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Debit card

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marketdimer wrote:

@samarthmr12397 no minimum balance in 101.

@vsvishnu no upi yet, one of the biggest negative.

@karthi4052752 I have priority account which requires 25k balance, it has platinum card but can’t be used on paypal, sucks.

and everyone, looks at all charges before opening account.

I’m regretting opening account in fincare. I was assured of 10-15 days kyc for priority before opening of account. once account was opened eta became 1 to 1 and a half months. now even after 3 months, there is no kyc. same customer care who vouch for quick kyc if you call and ask how much time kyc will take replies 10-15 days and when I tell them my kyc is pending from 3 months, they tell it’ll be done within a year. so how I am losing? I opened this account specially for 9% fd. now it has limit of 1 lac worth transaction without kyc AND keeping 25k in as balance. so all I could do is have fd less than 65k (so combined interest plus principal doesn’t exceeds 75k in year or will be charged heavily), and earn 3% less in saving account at 6% annum (because to earn 7%, I need 1 lac balance and to have 1 lac balance I need kyc 1st). another thing is hidden charges. I was told atm will be free. once I got atm it had schedule of charges saying free for year. schedule of charges also says atm is free. but they have hidden this under another page that atm is free only for year. another headache is giving tds forms, cheque book request, statement request and much more. since they don’t have a branch, I am asked to visit 500km away to do all stuff required to do in a bank.

so someone is thinking to open fd account 9%, for high savings rates of 7%, beware. things are not so attractive as they looks.

if you are still holding an account there wink , 101 priority account luks a better bet with 100 free transactions a months and no atm charges if u maintain 1 lakh fd.
should i go ahead??? the bank branch is in nearby city

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ImRebel wrote:

Opened just now …zero balance now when will i receive debit card ? As therest no option of Debit card request ? How to see it virtual if any?

Please New debit card apply

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karthi4052752 wrote:

if you are still holding an account there wink , 101 priority account luks a better bet with 100 free transactions a months and no atm charges if u maintain 1 lakh fd.
should i go ahead??? the bank branch is in nearby city

I have 1 101 priority and 1 priority plus account, both with 1 lac above fd, 3 smart saver a/c. The 2 priority a/cs have become main a/cs i use (and now upi is also there), other 3 are just for fd, i have not taken card or sms alert in them. Satisfied with them though ecom transactions are still not there which is big let down.

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Also i am yet to get charged for debit card. I was assured that being a priority member they won’t charge for card. I have emails and tweets telling this so i don’t worry about card being charged. Have opened smart saver as cant risk big amount in single account, rbi insures upto 1 lac, so distributed money in 5 different a/cs, in mine, wife’s and kid’s name and joint with wife and kid (as per rbi rules on deposit insurance).

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What is account validity

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