• Features and Benefits
  • Eligibility Criteria

Key features are:

  • Special Priority Banking Lounges for your banking transactions.
  • Relationship Managers to take care of your banking needs.
  • Photo affixed EMV Master Premium Card exclusively for you. (total transaction limit of Rs.4.00 lakhs per day- Rs.2.00 lakh cash withdrawal & Rs.2.00 lakh shopping limit)
  • A host of free services – unlimited DD's, Anywhere Cheque books, NEFT/RTGS services, standing instructions & Bill Pay facilities, unlimited cash deposits at other branches.
  • Free cash withdrawal at other branches up to Rs.1.00 lakh per day.
  • Internet banking, Phone banking & mobile banking.
  • Free Monthly account statements through e-mail or by post as per option of the customer.
  • Free Standing instructions and bill pay facilities.
  • 50% discount on Safe deposit locker Rentals(concession limited to Rs.1000 per year).
  • 50% concessions in processing fees for retail loans.
  • Door Step Banking* 
  • Zero balance ONR account in the name of NRE FedSelect customers.
  • Life Style Privileges- discounts/promotions offered by Master card/ Federal Bank from time to time

*Terms and Conditions apply

  • Average Monthly Balance of Rs.75000/- in savings account plus a term deposit of Rs.5.00 lakhs. (Incase of insufficient term deposit, charges as applicable to FedSelect scheme with AMB of Rs 150000 will be applied. )


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