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Product Details
Bank Name
Federal Bank
Account Name
Fed Club Saving Account
Account Type
Saving
Interest Rate
For balance upto 3 Lakhs: 3%. For balance above 3 Lakh 3.05%.
Free Debit Card
No
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
INR 5,000
Debit Card Charges
VISA Classic Crown Debit Card
Joining fee: INR 200, Annual fee: INR 250
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
Fed Club Saving Account
77.4
Special Features
Account available only for metro branches.
Eligibility Criteria
Indian resident above 18 living in metro cities.
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Free 20-Cheque leaves per half-year
CROWN (VISA Classic) Debit Card available
1 folio free per quarter
Free E-mail alerts
RTGS and NEFT facility available
IMPS facility available
Free Internet banking and Mobile banking
Cons
Low rate of interest. SMS alerts are not free. Account has very few add-on features
Application Procedure
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Product Review
Account Opening and Procedure
How to open an Account?
Application Procedure
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