Your Perfect Banking Partner
Federal Bank is one of India's leading private sector banks known for its NRI banking services, digital innovation, and strong South India presence.
1.5 Cr+ customers
Best NRI banking services
Up to 7.30% FD rates
4.0%
Savings Rate
₹0
Min Balance
Core Account Features
Account Type
Fed e-Savings Account — 100% digital and paperless
Minimum Balance
₹0 for e-savings, ₹5,000 for regular savings
Interest Rate
Earn up to 3.05% p.a. on savings, competitive slabs
Account Types
Fed e-Savings
Savings A/cMonthly deposit — Unlimited
Zero balance account — ✅
Annual Program Fees — ₹0
Digital Fund Transfer — Free
Funding during a/c opening — ₹0
Virtual Debit Card — Free
Classic Savings
Savings A/cMonthly deposit — Unlimited
Minimum balance — ₹5,000
Annual Program Fees — ₹0
NEFT/RTGS/IMPS — Free
Cheque book — 10 leaves free
Federal Debit Card — Free
Current Account
Current A/cMonthly deposit — Unlimited
Minimum balance — ₹10,000
Annual Program Fees — ₹0
NEFT/RTGS — Free
Cash deposit — Free at home branch
Business Debit Card — Free
Debit Cards
Virtual Debit Card
FREE instant virtual card through FedMobile. Use for online shopping and bill payments from day one. Secured with OTP verification.
Physical Debit Card
Free Visa Classic card with savings account. Upgrade to Federal Visa Gold for enhanced limits and international transaction capability.
Shopping Benefits
SAVE
Federal Bank Offers Hub
Discover curated offers and cashback deals exclusively for Federal Bank customers. Save more with every transaction across top brands.
Amazon
Flat cashback on select categories with debit cards
Flipkart
Additional discounts during major sale events
Zomato
Regular cashback on food delivery orders
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