Federal bank saving account: minimum balance & penalty charges
federal bank

Federal bank saving account: minimum balance & penalty charges

Federal Bank is one of the fastest-growing private sector banks. It offers a variety of banking products and services, such as internet banking, mobile banking, online fee collection, cash management services, depository facilities, etc. But, as the necessary financial product of Federal Bank, they offer different savings accounts to their customers. There Are many different aspects of Federal Bank savings accounts, such as interest rates, different types of savings accounts, opening account process, minimum average balance, and a penalty charge. Interest Rates on Federal Bank Savings Accounts are based on the RBI’s repo rate. If you have a savings account with Federal Bank, then you should know about Federal Bank saving account minimum balance and penalty charges. What are the Federal Bank Saving Account Minimum Balance & Penalty Charges? If you are still doubtful of the facts and regulations for the above-mentioned subject, this article will quench your query satisfactorily. However, you must keep reading this article until the end to learn the necessary information. Here’s a detailed input on the types of Federal Bank Savings Accounts, Charges for Non-Maintenance of Average Minimum Balance, and penalty charges to be collected based on the actual Average Minimum Balance shortage in the […]

Federal Bank Locker Charges
federal bank

Latest Federal Bank Locker Charges 2024

Federal Bank is a private sector bank with 1272 branches across India and became a scheduled commercial bank on July 20, 1970, under the act of Second Scheduled of Reserve Bank of India 1934. Federal Bank has its official website to serve its customers potentially and make banking easier. The customers of Federal Bank have the facilities like Net Banking, Online Trading, personal and NRI saving accounts opening, etc on its website. Other than this, there are more services people can check out. Federal Bank is a faster-growing bank and currently has over 10 million customers, including 1.5 million NRI customers. People choose banks to save their money and care to take any loan for purposes. Also, people choose to rent a locker to protect their vital documents, whatever will come in need in the future. The Benefits of Having a Locker in Bank The bank always gives us a secure facility for our valuables. A locker is a form of security inside the bank itself. Having a bank locker is a hassle-free system for customers. This year, from January 1, the Reserve Bank of India announced some rules for every bank that the bank will be responsible for any […]

federal bank statement pdf password
federal bank

How To Open Federal Bank Statement PDF Password

With the increasing pollution, it is a great alternative taken by banks to issue e-statements on the registered mail IDs of the users. This helps in developing a secured way to receive monthly statements electronically. It also helps in keeping a track of the transactions made by the user. This also saves a lot of paper which otherwise goes waste in receiving the statement in physical form. With the increasing incidents of theft and fraud, it is better to make use of electronic mediums to receive the statement as they require a certain set of passwords to open thereby making them secured and easy to use. All the savings, current ODCC customers holding accounts in their respective banks can register themselves for receiving e-statements. Usually, banks keep a password for opening the PDF file of the bank statement of the user. It is because uses safety is their priority and they do not want anybody else to login into the user’s account and get onto his or her details. While opening a bank account with Federal Bank they ask for the user’s email ID for any further contact or exchange of information through the bank. The same medium is used […]

change mobile number in federal bank
federal bank

4 Ways to Change & Register Mobile Number in Federal Bank Online

The Indian banking sector is advancing with growing tech efficiencies. Accessing different banking services has become easier and convenient for account holders in several ways. The traditional ways of accessing the services were time-consuming and required efforts. Do you have an account with Federal Bank? Did you register your mobile number at the bank? After receiving your request for mobile number registration, the bank will link your mobile number with your account and you can stay connected with your account. Upon every transaction, i.e. deposits, withdrawal, cheque clearance, deposits, etc. you will receive an instant notification on the registered mobile number. You can also access the missed call services as well as SMS services only from your registered mobile number. Do you know how to register and update your mobile number in the Federal bank? Nowadays, every bank registers the account holder’s mobile number by default. The mobile number gets linked to the account and you can avail the services conveniently. If you have an old account and haven’t registered your mobile number, update your mobile number as fast as you can. #1: Steps to Change Mobile Number in Federal Bank Online Step 1: Visit the official website of Federal Bank […]