NiyoX - Digital Banking 3.0.7

What is NiyoX, and what does it offer?

• NiyoX is a simplified banking solution.
• Opening a digital savings account with NiyoX is fast, efficient, 100% paperless, and can be done from anywhere.
• With NiyoX, you get the best interest rates on savings and free online fund transfers.
• NiyoX offers zero Account Maintenance Charges, 0% commission on Mutual Funds investment, and up to 7.8% interest p.a. on your savings.
• Get Personal Loans quick and 100% digital (Beta Rollout)
• • Tenure: 90 days - 36 months
  • Interest rate: 16-36% p.a.
  • Processing fee: 2.5-5% of loan amount with min. processing fee of {1000 + 18% GST}

• Example:

• • Loan amount: 750,000
  • Tenure: 12 months
  • Interest rate: 22%
  • EMI amount: 74,680
  • Total interest payable: 76,160
  • Processing fee (incl. GST): 71,475
  • Disbursed amount: 748,525
  • Total amount payable: 756,160
  • Total cost loan: 37,635

• NBFC Declaration: NiyoX acts as a platform for the NBFCs licensed by the RBI.

What sets NiyoX apart in terms of banking convenience?

• NiyoX is designed to make banking quick and easy, simplifying complex financial jargon.
• We provide an intuitive, easy-to-use app offering Savings account(s) and investment options.
• We prioritize simplicity, safety, and smart solutions, putting you in charge of your finances.

Can you highlight some key features of NiyoX that make it stand out?

NiyoX excels in providing:

• Digital Account with exceptional rewards
• Virtual Debit Card for online transactions
• Card locks and limits for expense control
• A ZERO forex markup card for international transactions
• Exclusive onboarding deals and regular rewards
• The Wave feature to protect your account balance
• In-app support and a Niyo Community forum for assistance and feedback

How easy is it to open a NiyoX Savings Account?

• Opening a NiyoX Savings Account is simpler than roasting papad! All you need is a PAN and Aadhaar.
• Just download the NiyoX App, enter your details, and start managing your finances effortlessly.

What benefits can I expect with a NiyoX Savings Account?

• Zero balance requirement
• Zero commission on Mutual Funds Investments
• Up to 7.8% interest on your savings
• Digital Account with exceptional rewards
• ₹5 lakh insurance for your funds by DICGC

How does NiyoX provide digital banking services with a human touch?

• NiyoX brings the entire world of banking to your smartphone, eliminating the need for physical branches, queues, and paperwork.
• We provide 24/7 support, strong encryption protocols to secure your funds, and a seamless digital banking experience.
• NiyoX takes permission to access your SMS to customize personal finance insights. It includes bank balances of savings accounts too.

Terms and Conditions:

• https://static.goniyo.com/legal/Terms_conditions.pdf

How does NiyoX ensure the safety of my money and transactions?

• Your funds are securely held in your Banking partners, trusted by millions.
• NiyoX uses robust encryption protocols to protect your financial assets, even though there are no physical branches.

Discover banking simplified with NiyoX - your modern banking companion. You can reach out to our team at: niyox.escalations@goniyo.com