Customers can now travel abroad in a smart way as India’s leading digital banking fintech, Niyo, in association with SBM Bank India and VISA, now offers a digital savings account with its highly reliable and user-friendly product – Niyo Global . Customers can earn an attractive interest rate on the savings account.
Niyo Global, which has a habit of serving over 3,000,000 customers over the past two years, with this latest development is simply aimed at spending foreign currency for international travelers and students, in addition to saving them money. and earn money on their Indian currency.
There is also a plan for rapid market share expansion by listing partnerships with major travel aggregation companies and OTAs. Niyo Global is already the go-to product for all college students and aims to achieve similar dominance in the leisure travel category as well.
Niyo co-founder Vinay Bagri said they are delighted to partner with globally recognized entities such as SBM Bank (India) and VISA. “The Niyo Global is now upgraded to a full-service digital bank account for citizens of the world, and we believe our premium offering will foster a smart way to travel into the new normal. Niyo Global has been one of our most successful products, helping citizens of the world overcome multiple challenges. It has helped users save INR 50 crore in unnecessary markups on transactions worth INR 1000 crore over the past 2 years.
Neeraj Sinha, Head – Consumer & Retail Banking, SBM Bank India, said they believe the era of #SmartTravel is upon us. “In a new normal world, it is imperative to redefine traditional products from a customer-centric and user-friendly perspective. This is exactly what we are aiming for through our partnership with Niyo. As an innovative fintech, Niyo brings simpler and more efficient solutions that are implemented and personalized by us, which leads to a win-win proposition not only for us, but above all for our customers. We look forward to many more such product innovations with Niyo in the future. “
Indian passport holders can now enjoy all the features of the Niyo Global card, such as zero forex markup on car rentals, flight and hotel reservations, live currency conversion, ATM locator automatic on the application, etc. In addition, the account also offers 100% digital integration, attractive interest Pa on balances with monthly interest payments, free access to airport lounges, UPI features, checkbook and all other premium banking offers, including national and international offers. Niyo Global also comes with the best security features, all of which make it easy to access banking services. In addition, it is an international VISA Signature debit card that is accepted in over 150 countries.
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In addition to being available for leisure travel, Niyo Global also aims to be the perfect choice for business travelers as well as students. Niyo further plans to improve the proposal by adding credit, making the offer fairly usable both nationally and internationally. By using Niyo Global, users can also enjoy exclusive travel and debit card offers with personalized offers and rewards, making the user experience even more rewarding.