The North Loop savings bank account and VISA debit card are provided through and in partnership with an RBI-licensed bank. All funds in the North Loop account are insured as per limits under the RBI’s deposit insurance scheme.
Your North Loop account is hosted by our partner bank and follows all security standards prescribed by the partner bank, in accordance with RBI regulations. North Loop is not a bank and doesn’t hold or claim to hold a banking license. Your money is always safe with our partner bank.
North Loop is a registered mutual fund distributor, regulated by AMFI with ARN-171629.