FedFirst
Features & Benefits
| Daily Cash withdrawal limit at ATMs | Daily shopping limit at POS / E-com |
| Rs. 2,500 | Rs. 10,000 (includes Daily Contactless transaction limit of Rs. 5000/- ) |
Eligibility
- Children up to age of 18 years (both Resident and NRIs) can apply for this account.
- In case of minor below 10 years the account shall be opened with parents/guardians as Authorized Signatory.
- Minors above 10 years may open account in their sole name and operate savings bank accounts independently.
- To open FedFirst savings account, you may please visit your nearest Federal Bank branch.
Balance Requirement
- Average Monthly Balance of Rs. 1,000/-
- Minimum balance charges will be waived subject to parent opening a premium*account OR by opening an RD# in the name of the minor.
**Premium SB account defined as SB account with scheme AMB >=Rs.25,000
#Minimum RD amount of Rs. 2000/- for minimum period of 1 year to be eligible for SB account AMB waiver till the maturity period of the RD.
Fees & Charges
- For rates & charges and fees, please click here.
Explore Other Savings Products
Stellar
Features & Benefits
Embark on a journey towards a healthier and happier life with Federal Bank's latest offering- the Stellar Savings Account- Your gateway to holistic wellness!
Celesta
Features & Benefits
Federal Bank presents Celesta Family Banking Program.
Imperio
Features & Benefits
Imperio is a tailor made banking solution that offers a bouquet of bankingservices and much more.
FedBook Selfie
Features & Benefits
FedBook Selfie is a mobile based SB account opening facility, which is the first of its kind in India. You can open a Savings account through the mobile app using your Aadhaar and PAN Card. Account number will be generated instantly.
Bespoke Savings Account
Features & Benefits
Let your gains take off to new heights ! With our Bespoke Savings Account, along with saving your money, you can earn interest up to 5.0% (Repo Rate - 1.50%)
FedFirst
Features & Benefits
FedFirst is the perfect, first bank account for your kids. With daily withdrawal and spending limits, FedFirst offers a safe and easy way for children to start saving, spending and managing their money. After all, it's never too early to learn healthy money habits.
Fed Excel
Features & Benefits
Fed Excel is an exclusive feature-rich savings account for professionals, budding entrepreneurs, with no minimum balance requirement.
SB Plus
Features & Benefits
Designed for the dynamic consumer, SB Plus Savings Bank account has exciting features like Contacless Debit Card, new age banking channels and free monthly Demand Draft issuance.
Fed Power +
Features & Benefits
Enjoy the fullness of Banking through International Contacless Debit Card, high ATM daily withdrawal limits, free Demand Draft issuance, and a host of concessions on our Retail Loan Products.
Mahilamitra Plus
Features & Benefits
A savings account exclusively for women, endowed with exciting features like complementary insurance, special rate on home loan, free RTGS / NEFT facility, two ZERO balance kids’ account, exciting Debit Card offers and much more, because every woman deserves more.
Yuvamitra
Features & Benefits
Endowed with futuristic features like Contacless Debit Card, Mobile Banking, Internet Banking and FedBook, Yuvamitra account is designed for needs of students.
Fed Smart
Features & Benefits
FedSmart, the SMART savings account has action packed features like New-Age banking channels, high daily cash withdrawal limits, anywhere banking, Contacless Debit Card and lot of free services.
BSBDA
Features & Benefits
Basic Savings Bank Deposit Account (BSBDA) is a Zero Balance Savings Account that takes care of your simple banking needs with Free ATM card, monthly statement, and cheque book. The services available free in the 'Basic Savings Bank Deposit Account' includes deposit and withdrawal of cash, receipt / credit of money through electronic payment channels or by means of deposit / collection of cheques at bank branches as well as ATMs, Mobile Banking and Internet Banking services.
Shreni Premium Savings Account
Features & Benefits
A Tailor made operative account for Trusts, Association, Clubs, Societies and NGO, and other entities that can open and maintain savings account as per regulatory guidelines.
Shreni
Features & Benefits
Shreni Savings Account is a tailor made operative account for Trusts, Associations, Clubs, Societies and Housing cooperative Societies, and Non-Governmental organisations (NGOs),trading or rendering professional services for profit or fee.
Club Savings Account
Features & Benefits
Club Savings Account is a tailor made operative account for Resident Individuals / Non Individuals of Metro Branches.
Delite Savings Account
Features & Benefits
Delite Savings Account is a tailor made operative account for Resident Individuals / Non Individuals of Semi – Urban & Urban Branches.
Pride Savings Account
Features & Benefits
Pride Savings Account is a tailor made operative account for Resident Individuals / Non Individuals of Rural Branches.
You might be interested
Recommendations for a safe and easy banking experience
Tutorial Videos
Watch tutorial videos about our products & services and harness the power of digital banking.
Learn More