Niyo is an India based fintech focused on consumer travel and savings banking. As of 11 October 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 card marketed with zero forex markup and a savings account held with a partner bank.
- 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 11 October 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 an India 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. It does not market a current account that a company runs its day to day finances from. Figures here are as of 11 October 2026.
Strengths
A consumer travel card marketed with zero forex markup, and savings accounts with partner banks that carry DICGC insurance up to 5 lakh rupees. Verify current product details with the provider.
Limitations
As of 11 October 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 11 October 2026. Verify with the provider. |
|---|---|
| Transaction fees | Varies by consumer product. Verify with the provider. |
| FX fees | Niyo markets its travel debit card with zero forex markup, issued with partner banks such as DCB Bank. ATM operators abroad may still charge their own fee. As of 11 October 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 11 October 2026. |
| Integrations | Consumer app features. No business accounting integrations are marketed for an operating account, as of 11 October 2026. Verify with the provider. |
| Eligibility | Consumer products are aimed at individuals in India. 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 11 October 2026. Confirm current terms with Niyo before applying.