Is Niyo available for business in India?

Does Niyo serve business customers in India?

Niyo is an Indian fintech that delivers banking products in partnership with regulated banks, such as Equitas Small Finance Bank for NiyoX and partner banks for Niyo Global. These are primarily personal savings, wealth and travel propositions for individual customers. Some coverage mentions tools for businesses to take payments and issue invoices, but a clearly defined and separately documented business current account for registered companies was not evident in the sources we reviewed. Because the business proposition is not clearly established, we mark the position as unclear rather than available or not available.

Eligibility for businesses in India

Niyo's documented consumer accounts are opened by individual residents of India through its app with a partner bank, using Indian identity and know your customer documents. Whether a registered business, such as a private limited company or LLP, can open a dedicated Niyo business current account, and on what terms, is not clearly documented, so business eligibility is unclear. Verify with the provider

What it costs locally

Niyo publishes features for its consumer products, such as zero balance savings and zero forex markup on its travel card, but a defined business account with its own published tariff was not evident in the sources we reviewed. Without a clear business product and fee schedule, there is no reliable business pricing to state, so confirm directly with the provider. As of 4 June 2026

What local users report

Public reports about Niyo focus on its consumer Niyo Global and NiyoX accounts, covering travel cards, forex savings and the app experience. There is little documented feedback specific to a Niyo business account, consistent with the unclear status of a business proposition. Treat consumer reports as outside the business position.