Features & Benefits

Fed Excel is an exclusive savings account product for professionals, budding entrepreneurs and registered members of reputed organizations like JCI, FICCI and Chamber of Commerce.
 
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Free 20-Cheque leaves per half-year
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CROWN (VISA Classic)  Debit Card
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FREE Email alerts
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FREE Mobile alerts
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FREE Demand Drafts upto Rs. 2,00,000/- per month
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RTGS / NEFT Fund Transfer - 100% Charges will be reimbursed
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No Folio charges 
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FREE Internet Banking and FREE Mobile Banking
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No Minimum balance required ;Initial remittance of Rs. 10,000/- required

Eligibility

Resident individuals who satisfy any of these eligibility criteria can open Fed Excel Savings account by visiting any of our branches and submitting the required documents:
 
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Professionals holding government approved Degree or above, and qualified as: A Doctor in any branch of medicine / An Engineer in any branch of engineering
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CA/ACCA/ICWA/CFA/CS/CFM/MCA/MBA/PGDBA/PGDBM and Advocates and Self employed with any of these qualifications
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Registered members of JCI, FICCI and Chambers of commerce.
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Promoters of business units in any Government approved/sponsored/ promoted start up villages/IT villages.

Documents 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

Terms & Conditions

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

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