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Product Details
Bank Name
Federal Bank
Account Name
Fed SB Plus 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 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
Fed SB Plus Account
77.4
Special Features
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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