Federal Bank - SB Plus - Savings Bank Account
Federal Bank - SB Plus - Savings Bank Account

SB Plus

Designed for the dynamic consumer

SB Plus

Designed for the dynamic consumer, SB Plus Savings Bank account has exciting features like Debit Card, new age banking channels and free monthly Demand Draft issuance.

  • Features
  • How to open an account?
  • Who can open account?
  • Balance Requirement
  • Documents Required
  • Ways to Access Your Account
  • Interest Rates & Service Charges
  • 40 Free Cheque leaves per half-year
  • One Free monthly account statement to be collected from Branch, if not opted for passbook.
  • Debit Card available– Rupay Platinum
  • Free daily cash withdrawals up to Rs. 1,00,000/- through ATMs.
  • Free daily POS transactions up toRs. 1,00,000/-
  • Free Internet banking
  • Free Mobile banking and Mobile alerts
  • Free E-mail alerts
  • Free monthly Demand Draft limit of Rs. 10,000/-
  • RTGS / NEFT facility available
  • 25% concession on service charges on collection of out-station cheques
  • Opening SB Plus account is very easy. You can open the account as online or offline.
  • For opening the account online, please click here.
  • For opening the account offline, please download the account opening form. Duly filled account opening forms shall be submitted to your branch of choice along with the documents.
  • Resident Individuals (sole or joint account)
  • Hindu Undivided Families
  • Trusts
  • Associations
  • Clubs or Societies
  • Foreign Nationals residing in India (as permitted by Foreign Exchange Management Act)
  • Others specifically permitted by RBI



  • Average  Monthly Balance of Rs. 5,000/-

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


Debit Cards


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Get Mobile Alerts