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Shreni Savings Account

Shreni Savings Account is a tailor made operative account for Trusts, Associations, Clubs, Societies and Housing cooperative Societies, and Non-Governmental organisations (NGOs),trading or rendering professional services for profit or fee.

  • Features
  • How to apply ?
  • Balance Requirement
  • Ways to Access Your Account
  • Interest Rates & Service Charges
  • Free Internet and Mobile Banking, Mobile Alert and  E Mail Alerts.
  • Free Cash withdrawal charges
  • Free Cheque Book and Unlimited Issue of DD
  • No AMB stipulation
  • 50 transactions Free per quarter
  • NEFT Free
  • For RTGS charges are waived if AMB maintained is greater than ¿ 1,00,000/- in the previous month.
  • Trusts whose entire income is exempt from payment of Income-tax under the Income-Tax Act, 1961 
  • Primary Co-operative Credit Society which is being financed by the bank.
  • Khadi and Village Industries Boards.
  • Agriculture Produce Market Committees.
  • Societies and Housing cooperative Societies.
  • Clubs.
  • Association.
  • Section 25/Section 8 companies.
  • Institutions other than those mentioned below in prohibitions and whose entire income is
    exempt from payment of Income-tax under the Income-Tax Act, 1961
  • Non-Governmental organisations (NGOs)
  • Development of Women and Children in Rural Areas (DWCRA)
  • Self-help Groups (SHGs), registered or unregistered, which are engaged in promoting
    savings habits among their members
  • Farmers' Clubs – Vikas Volunteer Vahini – VVV
  • You can open a savings account with us in simple steps. To know more, please click here.


No minimum balance stipulation

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: