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Product Details
Bank Name

Federal Bank

Account Name

Account Type

Saving

Interest Rate

For balance upto 3 Lakhs: 3%. For balance above 3 Lakh 3.05%.

Free Debit Card

No

Fed SB Plus Account
Account Opening Fees

0

Annual Maintenance Fees

0

Minimum Account Balance

INR 5,000

Debit Card Charges

Visa Signet Platinum Debit Card
Joining fee: INR 300, Annual fee: INR 300

NEFT Charges

Free

IMPS Charges

Upto INR 1,000: INR. 0;
1,001 to 1 Lakh: INR.5;
1,00,001 to 2 Lakh: INR 15,
above INR 2 Lakh: INR 17

Fees and Charges
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Fed SB Plus Account

Special Features
None
Eligibility Criteria
Resident Individuals (sole or joint account) Hindu Undivided Families Trusts Associations Clubs or Societies Foreign Nationals residing in India (as permitted by Foreign Exchange Management Act) Others specifically permitted by RBI
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Free 20-Cheque leaves per half-year 2 folios free per quarter Free Mobile alerts and E-mail alerts Free monthly Demand Draft limit of Rs. 10,000/- RTGS / NEFT facility available Free Internet banking and mobile banking
Cons
No premium features. No zero balance account facility available
Application Procedure

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Product Review
Account Opening and Procedure
How to open an Account?
Application Procedure
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