Fed Excel

BSE-NSE-web Portlet

Fed Excel

An exclusive savings account product for professionals, budding entrepreneurs and registered members of reputed organizations like JCI, FICCI and Chamber of Commerce.

  • Features & Benefits
  • Eligibility
  • Initial remittance
  • Documents Required
  • Ways to access your account
  • Rates & Charges
  • Free 20-Cheque leaves per half-year
  • Rupay Platinum Debit Card
  • FREE Email alerts
  • FREE Mobile alerts
  • FREE Demand Drafts upto Rs. 2,00,000/- per month
  • RTGS / NEFT Fund Transfer - 100% Charges will be reimbursed
  • No Folio charges 
  • FREE Internet Banking
  • FREE Mobile Banking
  • No Minimum balance required ;Initial remittance of Rs. 10,000/- required

Who can open the account ?

  1. Professionals holding government approved Degree or above, and qualified as:
  • A Doctor in any branch of medicine
  • An Engineer in any branch of engineering
  • MCA/MBA/PGDBA/PGDBM and Advocates
  • Self employed with any of the qualifications mentioned above
  1. Registered members of JCI, FICCI and Chambers of commerce.
  2. Promoters of business units in any Government approved/sponsored/ promoted start up villages/IT villages.


  • Minimum initial remittance of Rs. 10,000/- is required. 
  • Young entrepreneurs below 35 years of age are exempted from initial remittance stipulation.

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

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


Internet Banking 


Get Email Alerts


Get Mobile Alerts


product-review-user Portlet

The average rating is 5 stars out of 5.
13 total
5 10 
4 2 
3 1 
2 0 
1 0 



Your Rating
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Divya R
Mar 20, 2015

The average rating is 3 stars out of 5.

Nice product