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Endowed with  features like  Mobile & Internet Banking and FedBook, Yuvamitra account is designed for needs of students.

  • Features
  • How to apply ?
  • Balance Requirement
  • Documents Required
  • Ways to Access Your Account
  • Interest Rates & Service Charges
  • 10 free cheque leaves per annum
  • 1 folio free per quarter 
  • Free Internet banking
  • Free Mobile banking 
  • Free Mobile alerts
  • Free E-mail alerts
  • No Minimum balance required
  • Upon the account holder attains the age of 25 years, the accounts opened under Yuvamitra scheme will be converted to Pride/Delite/Club Schemes. On such conversion, the account holder shall be bound by the terms and conditions applicable to the new scheme like maintenance of average balance in the account/s, payment of applicable service charges etc.
  • Age limit is 18 - 25 years
  • Students beyond matriculation level, including professional degree/diploma holders.
  • You can open a savings account with us in simple steps. To know more, please click here.
  • No Minimum Balance required

KYC Documents (Any one address proof and identity proof)

Document Identity Proof Address Proof
Passport Yes Yes
Driving Licence Yes Yes
Voter's Identity Card Yes Yes
Aadhaar Yes Yes
Job card by NREGA duly signed by an officer of the State Government Yes Yes
Permanent Account Number (PAN) card Yes No


Recent photograph

Two copies of recent passport size photograph

In the case of Students applying for Yuvamitra account, following documents are mandatory:
  • Bonafide letter from the school/college/institution of study attesting photo/ introduction from head of the institution
  • Certificate evidencing matriculation Pass 

Federal Bank provides you a number of ways to access your accounts and experience the host of services offered by us. Without visiting your branch, you can choose any of the following channels to access your bank account:

Internet Banking Mobile Banking ATM Services Tele Banking

product-review-user Portlet

The average rating is 4 stars out of 5.
3 total
5 2 
4 0 
3 1 
2 0 
1 0 



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Feb 07, 2018

The average rating is 5 stars out of 5.

excellent bank- UI is simple , Yuvamitra Account is really nice-
rajesh mandusiya
Sep 20, 2015

The average rating is 5 stars out of 5.

Aug 19, 2015

The average rating is 3 stars out of 5.

Yuvamitra is a nice scheme I am enjoy this account. No minimum balance required. Enjoy online banking and online shoping


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