SAVING ACCOUNT DETAIL
Federal Institutional Savings Account (FISA)
Highlights
Bank Federal Bank
Category Privileged Account
Minimum AQB
(Average Quarterly Balance)
Rs. 5000
Interest Rate 4%
Card Offered None
Main Features
  • 40 Anywhere cheque leaves will be issued free of cost per half year.
  • 100 transactions will be offered for free, per quarter.
  • The monthly statements to the account can be availed by post or E-mail.
  • With this account free mobile banking, E-Mail alerts, NEFT facilities are available .
  • Free view only facility through internet banking as well as RTGS facility is also applicable with this account.
  • Other facilities like Free monthly demand draft upto a limit of Rs. 20000 and free remittance upto Rs. 1 lac of cash from any branch are also extended by the bank.
  • The upper limit of daily free cash withdrawal from the account is Rs. 50000 per day per branch.
  • Free collection of outstation cheques up to a monthly limit of Rs 1 Lakh
  • 50% concession is applicable on the cheque collection for the cheques drawn at the centres where the bank does not have branches.
  • Free certified statement for auditing purpose and Free remittance of donation to the account by Federal Bank Customers through Fednet / E-commerce/ M-Commerce facility will be applicable with this account.
 Fees & charges
 Services & Features
 Special Offers
 Eligibility Criteria
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