Whenever you spend using your Niyo Equitas Savings account, we need to know what value we should round up your spend to, in order to calculate the spare change. For example, a roundup of Rs. 10 means if you spent Rs, 152 on Swiggy, we will round this up to the next 10 (Rs. 160) and then see how much spare change you have saved (Rs. 8 in this case). You can select the roundup value to be Rs. 10, Rs. 50 or Rs. 100.


Here are some more examples:

Spend

Roundup value

Spare change

138

10

140-138=2

138

50

150-138=12

138

100

200-138=62


The default roundup value is Rs. 10, but you can change it to Rs. 50 or Rs. 100 too, if you wish to.