Fino Payments Bank Limited

Fino Payments Bank Limited, a notable addition to India's banking sector since its establishment in 2017, operates as a subsidiary of Fino Paytech Limited, a leading digital payments solutions provider in the country. Distinguishing itself through a unique business model, Fino Payments Bank is dedicated to fostering financial inclusion among the underbanked and unbanked populations in India. Despite its success in expanding its customer base, Fino Payments Bank has encountered consumer complaints. Notable grievances include challenges related to account opening and activation, instances of unauthorised transactions, and reported issues with customer service. A prevalent concern raised by customers revolves around difficulties with account opening and activation. Some patrons have expressed frustration over their accounts not being activated despite completing the necessary processes, leading to inconvenience and the need for multiple follow-ups. In recognising the significance of consumer protection, Vakilsearch emerges as a reliable resource for those navigating challenges with Fino Payments Bank. With a team of seasoned lawyers specialising in consumer protection laws, Vakilsearch is skilled at handling online consumer complaints. Leveraging the knowledge and expertise, our team at Vakilsearch is dedicated to assisting consumers in resolving grievances and safeguarding their rights. For individuals facing issues with account activation or unauthorised transactions with Fino Payments Bank, the support provided by Vakilsearch offers a reliable pathway to resolution and protection of consumer interests.