FedSmart


Who Can Open?

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

Balance requirement

Average quarterly balance of Rs 1,00,000/-

Features

  • Free 60 Anywhere Cheque leaves per half year
  • Free monthly statement of account by post
  • Free daily statements though e-mail
  • Visa International Gold debit card
  • Free daily Cash withdrawals up to Rs 75,000/- (through ATM)
  • Free daily POS transactions up to Rs 75,000/-
  • Temporary overdraft facility through ATMs up to Rs 25,000/-
  • Free Internet Banking
  • Free Mobile banking
  • Free E-mail alerts
  • Free unlimited demand drafts
  • Free collection of Outstation cheques
  • 50% concession in Processing Fee/Administration Fee for all Retail Loan Products
  • Free RTGS / NEFT facility
  • Free daily withdrawal of cash up to Rs 1,00,000/-(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 remittance of cash up to Rs 3,00,000/-

    Free monthly clearing / collection / transfer up to Rs 5,00,000/-

  Opening an account is simple - download, fill and submit the application form to a branch of your choice. NRI's in Middle East can contact our Abudhabi office. If you are an existing customer, you can also submit request to open accounts and avail other services through our Internet Banking Facility - Fednet. All application forms and documents are available at Forms & Staionery Page. For interest rate & service charges visit Rates & Charges page. For more assistance please get in touch with our Contact Center.  

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