The Savings Account and VISA Debit Card are provided by Federal Bank - an RBI-licensed bank. All funds in the account are insured as per limits under the RBI’s deposit insurance scheme. Your Savings Account is hosted by our partner bank and follows all security standards prescribed by the partner bank, in accordance with RBI regulations. Jupiter itself is not a bank and doesn’t hold or claim to hold a banking license. Your money is always safe with our partner bank. Amica Investment Advisers Private Limited, is a SEBI registered Investment Adviser - INA000015507. Mutual Funds investments are subject to market risks, read all scheme related documents carefully. Past performance is not an indicator for future returns.