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Product Details
Bank Name
Federal Bank
Account Name
Fed Mahila Mitra Plus
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
Metro/Urban Branch – Rs. 10,000
Semi Urban Branch – Rs. 7,500
Rural Branch – Rs. 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 Mahila Mitra Plus
77.4
Special Features
Special rates on Home Loan – 0.60% lower than Bank’s card rate*
Complementary insurance facility also available.
Eligibility Criteria
Female Indian resident between the age of 18 and 65
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Free NEFT / RTGS facility
Free 20-Cheque leaves per half-year
1 folio free per quarter
Free monthly Demand Draft limit of Rs. 50,000/-
Special rates on Home Loan – 0.60% lower than Bank’s card rate*
50% concession on Processing Fee / Administration Fee for Home Loans*
Complementary Insurance up to 80.75 L (Terms and Conditions applied)
Two free FedFirst SB account in the name of minor children, with no minimum balance stipulation.
Exciting Debit Card offers on Amazon, bigbasket, MakeMyTrip, Goibibo, Swiggy & INOX
Contactless VISA Classic (CROWN) Debit Card with daily ATM limit of 50,000/- and POS/Ecom limit of 1,00,000/
Earn Reward Points on all your Debit Card spends online /POS/ FedNet and FedMobile (1 reward point for every 200/- spent)
Cons
No facility of free internet banking or mobile banking is provided.
IMPS charges are levied.
Application Procedure
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Product Review
Account Opening and Procedure
How to open an Account?
Application Procedure
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