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Product Details
Bank Name
Federal Bank
Account Name
Fed Pride Saving Account
Account Type
Saving
Interest Rate
Less than ₹5Lakhs- 3.45% below RBI's Repo Rate
₹5Lakhs to less than ₹50Lakhs- 3.45% below RBI’s Repo Rate for balance below ₹5L
and 3.40% below RBI's Repo Rate for balance of ₹5L and above
Free Debit Card
No
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
INR 2,000
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 Pride Saving Account
79.7
Special Features
Available for Rural Branches only
Eligibility Criteria
Indian resident above 18, living in rural area.
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
RTGS / NEFT/ IMPS facility available
Free Internet banking and Mobile banking
Free Email notification facility.
Cons
Low rate of interest.
Mobile Alert Facility is chargable.
No free debir card is provided
Application Procedure
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Product Review
Account Opening and Procedure
How to open an Account?
Application Procedure
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