Who Can Open?
Salaried class employees of business units approved by bank. Minimum 10 savings account of the same organization should be opened. Employer should maintain an account with federal bank and give up-loadable electronic file for credit of salary
Features
- No minimum balance required
- Free 20 Cheque leaves per half - year
- One free statement by e-mail/ hardcopy if not opted for the passbook
- Free Debit cards - Visa International Shop n Save Debit Card / MasterCard-Classic
- Free daily Cash withdrawals up to Rs 20,000/- (Shop n save) & Rs 30,000/- (MasterCard Classic)
- Free daily POS transactions up to Rs 30,000/-
- Free Internet Banking
- Free Mobile banking
- Free E-mail alerts
- 25% concession on service charges for collection of outstation cheques
- NEFT / RTGS facility available
- Free daily withdrawal of cash up to Rs 20,000/- (branches within / outside the clearing zone)
Any Where Banking facility from branches within the clearing zone
Free AWB cash remittance
Free clearing collection and fund transfer facility
Any Where Banking facility from branches outside the clearing zone
Free monthly clearing / collection / transfer up to Rs 1,00,000/-
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