Unity small finance bank app

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InvestPotato

Anyone used unity small finance bank app recently launched. 

Can we create a digital FD without creating a savings bank account?

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Most of such banks offers 0 balance saving account with the FD. If you are interested to have the FD with them, you must do full KYC and there is nothing wrong keeping a saving account too when you are interested to open a FD account. And it is advisable also to keep a saving account with them to withdraw/premature withdraw of the FD.

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JAYM wrote:

Most of such banks offers 0 balance saving account with the FD. If you are interested to have the FD with them, you must do full KYC and there is nothing wrong keeping a saving account too when you are interested to open a FD account. And it is advisable also to keep a saving account with them to withdraw/premature withdraw of the FD.

AMB mentioned is 5K
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InvestPotato wrote:
AMB mentioned is 5K
Yes but you have decided to go for FD, right? in that case, your FD will work to fulfil AMB. 
Once you close FD, can close saving account too. 
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