Niyo is an India based fintech focused on consumer travel and savings banking. As of 9 June 2026 it does not market a standalone business current account for companies to operate from.
- Who it suits
- Individuals in India who want a travel debit card with low foreign exchange markups and a savings account. Employers can use its salary card programs for staff.
- Broadly available in
- India.
- Headline monthly fee
- Consumer product pricing applies and varies by product. There is no business current account fee because no such account is marketed, as of 9 June 2026.
- Account type
- Consumer banking app delivered through partner banks. Not a business operating account.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Overview
Niyo is a Bengaluru based fintech that partners with licensed banks to offer digital accounts and cards. Its public product range centres on consumer travel and savings, in particular a travel debit card aimed at people who spend abroad. For businesses, Niyo has offered employer facing salary and payroll card programs rather than a current account a company runs its day to day finances from. Figures here are as of 9 June 2026.
Strengths
A strong consumer travel card with low foreign exchange markups, a simple mobile experience, and salary card programs that an employer can offer staff. Verify current product details with the provider.
Limitations
As of 9 June 2026 Niyo does not market a standalone business current account for companies. A business that wants an operating account with payouts and collections in India would look to providers built for that purpose. Niyo delivers services through partner banks rather than as a bank itself. Verify with the provider.
Fees and features
| Monthly fee | Consumer product pricing applies and varies by product. There is no published business current account fee, as of 9 June 2026. Verify with the provider. |
|---|---|
| Transaction fees | Varies by consumer product. Verify with the provider. |
| FX fees | The Niyo Global travel card is marketed with low foreign exchange markups for consumers, as of 9 June 2026. Verify current rates with the provider. |
| Minimum deposit | Varies by product. Verify with the provider. |
| Multi currency | The consumer travel card spends in many currencies. There is no business multi currency operating account marketed, as of 9 June 2026. |
| Integrations | Consumer app features. No business accounting integrations are marketed for an operating account, as of 9 June 2026. Verify with the provider. |
| Eligibility | Consumer products are aimed at individuals in India. Salary card programs are arranged with employers. Verify with the provider. |
Niyo by country
Questions about Niyo
Does Niyo offer a business bank account?
What is Niyo best known for?
Is Niyo a bank?
What can a business in India use instead?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 9 June 2026. Confirm current terms with Niyo before applying.