Fed Excel

BSE-NSE-web Portlet

Fed Excel

An exclusive savings account for professionals & budding entrepreneurs

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
  • Master Crown 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
  • CA/ACCA/ICWA/CFA/CS/CFM
  • 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

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Internet Banking

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Debit Cards

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Get Email Alerts

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Get Mobile Alerts

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product-review-user Portlet

Reviews
4.7
The average rating is 5 stars out of 5.
13 total
5 10 
4 2 
3 1 
2 0 
1 0 

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Vivek Kulkarni
Jan 02, 2018

The average rating is 5 stars out of 5.

Only bank in India deserved excelled tag in service
sandeep
Jun 25, 2016

The average rating is 5 stars out of 5.

i love this account Excellent product from Federal Bank
Narasimha Swamy
Jun 16, 2016

The average rating is 5 stars out of 5.

Best bank for savings account, Very professional and co operative staff in bank.
Narasimha Swamy
Jun 16, 2016

The average rating is 5 stars out of 5.

Best bank for savings account, Very professional and co operative staff in bank.
Nithin
May 27, 2016

The average rating is 5 stars out of 5.

Excellent product from Federal Bank
Rajwinder singh
May 26, 2016

The average rating is 5 stars out of 5.

Salary saving account opning