Mahila Mitra Plus

• Resident Women above 18 years can open Mahilamitra Plus account.
• You can open the account as online or offline.
• For opening the account online, please click here.
• For opening the account offline, please download the account opening form. Duly filled account opening forms shall be submitted to your branch of choice along with the documents.

KYC Documents (Any one address proof and identity proof)

Recent photograph

Two copies of recent passport size photograph

Average Monthly Balance

• Metro/Urban Branch – Rs. 10,000
• Semi Urban Branch – Rs. 7,500
• Rural Branch – Rs. 5,000

Home Loan and Processing Fee

Home Loan exclusive interest rate offer is applicable for new loans availed after 1^st of December 2021

Applicable only for primary ‘Mahila Mitra Plus’ account holder, and include the following-

• Housing Loan
• Home Extra Gain
• Home Invest
• Home Invest OD
• Home Plus Top Up Equity
• Home Plus Top Up Equity OD

50% concession in Processing Fee for Home Loans is applicable for all variant except property power loan and is subject to the following -

• Borrower's CIBIL score must be minimum 730 or -1
• Offer is applicable till 31/03/2022

Insurance

• Description of the Insured: Mahila Mitra Plus primary account holders of Federal Bank.
• Applicable age bracket for insurance is 18 to 65 years.
• Permanent Disablement is also covered up to a sum of Rs. 30,00,000 
• For Accidental Death and Permanent Disablement coverage, the following condition should be fulfilled:

Step 1: Base Cover: Rs. 5,00,000 per customer by doing one ATM / POS / e-commerce transaction up to 50 days prior to the date of loss.

Step 2: Accelerated cover up to Rs. 25,00,000 (Total of Base + Accelerated to be Rs. 30,00,000 max). For every additional POS / e-commerce transaction carried out through the Primary Debit Card 50 days prior to the date of loss, sum insured increases by Rs. 100,000/- per transaction.

• Air Accident is covered only if the Airline tickets are purchased through Mahila Mitra Plus savings account.

• The following risk / perils have been explicitly excluded under the policy:
• • Injury caused by surgery
  • Nuclear energy risk
  • Professional activities of military personnel, police, defence or any other armed forces
  • Offshore activities
  • Accidental Death or Permanent Disablement due to pregnancy or childbirth
  • Insect / mosquito bite
  • Terrorism due to nuclear / chemical / biological risk
  • Adventure sports
  • Epidemic / Pandemic
  • War

• All supporting documents relating to the claim must be submitted to the company within sixty (60) days from the date of loss & the claim intimation should be within Thirty (30) days from the date of Loss.
• The insurance will be applicable and in-force only after 60 days of the account opening.
• Insurance claim is applicable if the customer is maintaining the stipulated account Average monthly Balance (AMB) for the preceding month.
• For any claim settlement, customer/legal heir can contact the Insurer Customer Service No. 022-62346234 / 0120-62346234, Email: healthclaims@hdfcergo.com and provide reference Master Policy Number – 2999204360415400000. Alternatively, customer can contact the respective branch/RM.
• For other T&C and more details contact your nearest branch/ Customer Care 1800 425 1199 Or 1800 420 1199