Features

FISA is a tailor made operative account for Trusts, Associations, Clubs, Committees, and Governing Bodies not into business, trading or rendering professional services for profit or fee. 

 

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100 Free transactions per quarter 
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Free monthly Demand Drafts up to a limit of Rs. 20,000/- 
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Remittance of donations by Federal bank customers to the account will be free. 
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50% concession on the service charges for collection of out station cheques 
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40 Free "Anywhere" cheque leaves per half-year 
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Free monthly account statement by post / email 
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Free "view" facility through Internet Banking
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Free Mobile banking
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Free Email alerts 
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RTGS / NEFT facility available 
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Free certified statement for auditing purposes 
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Fee Collection facilities for Schools / Colleges run by you 

How to apply ?

  • Trusts, Associations, Clubs, Committees, and Governing Bodies not into business trading or rendering professional services for profit or fee. 
  • Societies must be registered under the Societies Registration Act, 1860 or the relevant laws in force at the time. 
  • The entire income should be exempt, under the Income tax Act, 1961, from payment of Income Tax.
  • You can open a savings account with us in simple steps. To know more, please click here.

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