Federal bank savings account experience

[Dr.Anand456Dr.Anand456 is verified member.]

I'm interested in opening an account with Federal Bank, and I'd like to learn more about their savings account options and hear about others' experiences. Could someone please share details about their personal experiences with Federal Bank's savings accounts? Additionally, I'm curious to know which account is considered the best at Federal Bank.

 

[Rahul Gupta]

I'm interested in opening an account with Federal Bank, and I'd like to learn more about their savings account options and hear about others' experiences. Could someone please share details about their personal experiences with Federal Bank's savings accounts? Additionally, I'm curious to know which account is considered the best at Federal Bank.

@SSV
@Vasuki
@4uziaul

I have no idea about fed savings account so tagging u guys. I don't want this guys query get ignored by everyone.

 

[VasukiVasuki is verified member.]

I'm interested in opening an account with Federal Bank, and I'd like to learn more about their savings account options and hear about others' experiences. Could someone please share details about their personal experiences with Federal Bank's savings accounts? Additionally, I'm curious to know which account is considered the best at Federal Bank.

There are too many accounts..
In account what u looking for is the most important thing u should highlight.

 

[VasukiVasuki is verified member.]

@SSV
@Vasuki
@4uziaul

I have no idea about fed savings account so tagging u guys. I don't want this guys query get ignored by everyone.

I used to answer unanswered threads but not anymore .
Mods are too ignorant about the people who contribute vs newbie.
They see everything with same lens so why even bother .

 

[Rahul Gupta]

I used to answer unanswered threads but not anymore .
Mods are too ignorant about the people who contribute vs newbie.
They see everything with same lens so why even bother .

Hmm its kinda depends on your relationship with the person. You know i had the chance to become mod when they hired new mods last year due to high traphic on the website but i choose not to. Because i can help more in this way and mods like @vaibhav111 and @ashwink are very helpfull and they are more of a friend than a mod to me.

I think policy should be flexible considering the age and lvl of the user.

Btw what happened exactly?

 

[SonyTom]

I'm interested in opening an account with Federal Bank, and I'd like to learn more about their savings account options and hear about others' experiences. Could someone please share details about their personal experiences with Federal Bank's savings accounts? Additionally, I'm curious to know which account is considered the best at Federal Bank.

I don't have account. But my brother has. He is happy with the account. Staff are helpful, but as is the case with any bank, not very knowledgeable. Credit cards are LTF. There is more probability of getting Credit card if you have account.
Their premium account is Celesta account which has a good debit card.

 

[SonyTom]

Forgot to add-
High FD interest rate

 

[vaibhav111vaibhav111 is verified member.]

I used to answer unanswered threads but not anymore .
Mods are too ignorant about the people who contribute vs newbie.
They see everything with same lens so why even bother .

that not true.. bro..and you know it. i can assure you all mod cause I'm senior mod considered some aspect of each individual that why at least from my side i refrain from giving any warning. just when "Shit" post in a thread are too much i tagged the person and publicly tell him/them pls refrain and stick to the topic discussed. newbie are just new to the forum but doesn't mean they are mean to the financial freedom could be "PRO" instead.

 

[Chhota Bheem]

You can go for SB Plus variant 5k MAB.

or FED Excel 0 MAB If you meet their criteria (mostly for professionals).

Pros:

• Premium service at branch compared to HDFC, ICICI
• LTF credit card with offers
• Stable mobile application and website
• No transaction failure
• Debit card not mandatory
• Alerts are instant
• No unwanted calls

Cons:

• Useless phone and email support
• Most of the service requests need a branch visit
• Tech is not up to date

 

[Shrinit Padwal]

I recently opened Fed Excel 0 Mab account - it just needs 10k initial funding, we can remove it later. If you want premium accounts, you can also go with Imperio, Celesta like that.

 

[VasukiVasuki is verified member.]

you can also go with Imperio, Celesta like that.

Not recommended as they downgrade & impose penalty later ..

 

[imdjay]

I recently opened Fed Excel 0 Mab account

Offline ?
What proof you submitted?

 

[Shrinit Padwal]

Offline ?
What proof you submitted?

Yes offline - visiting branch near me

Aadhaar photocopy - id, address proof

And organisation id card photocopy(required for fed Excel acc) - or CA/CFA/doctor/lawyer whatever certificate you can provide.

And 10k Google pay.

Account opened immediately within 5 mins, got Debit card after a week via delhivery

Not recommended as they downgrade & impose penalty later ..

Yes that's why Fed Excel I opened.

 

[imdjay]

Yes offline - visiting branch near me

Aadhaar photocopy - id, address proof

And organisation id card photocopy(required for fed Excel acc) - or CA/CFA/doctor/lawyer whatever certificate you can provide.

And 10k Google pay.

Account opened immediately within 5 mins, got Debit card after a week via delhivery


Yes that's why Fed Excel I opened.

Opened .
Thanks.

 

[doraemon]

Ca student bhi khol sakte hai kya?

Yes offline - visiting branch near me

Aadhaar photocopy - id, address proof

And organisation id card photocopy(required for fed Excel acc) - or CA/CFA/doctor/lawyer whatever certificate you can provide.

And 10k Google pay.

Account opened immediately within 5 mins, got Debit card after a week via delhivery


Yes that's why Fed Excel I opened.

 

[Dr.Anand456Dr.Anand456 is verified member.]

I don't have account. But my brother has. He is happy with the account. Staff are helpful, but as is the case with any bank, not very knowledgeable. Credit cards are LTF. There is more probability of getting Credit card if you have account.
Their premium account is Celesta account which has a good debit card.

Thanks for your suggestions.

 

[Dr.Anand456Dr.Anand456 is verified member.]

You can go for SB Plus variant 5k MAB.

or FED Excel 0 MAB If you meet their criteria (mostly for professionals).

Pros:

• Premium service at branch compared to HDFC, ICICI
• LTF credit card with offers
• Stable mobile application and website
• No transaction failure
• Debit card not mandatory
• Alerts are instant
• No unwanted calls

Cons:

• Useless phone and email support
• Most of the service requests need a branch visit
• Tech is not up to date

Thanks for sharing your experience.

 

[Dr.Anand456Dr.Anand456 is verified member.]

I recently opened Fed Excel 0 Mab account - it just needs 10k initial funding, we can remove it later. If you want premium accounts, you can also go with Imperio, Celesta like that.

I am also interested in opening a FedEx account. Can I do this online? I am a doctor and believe this account would be suitable for me.

 

[Chhota Bheem]

I am also interested in opening a FedEx account. Can I do this online? I am a doctor and believe this account would be suitable for me.

Online not possible, branch visit required. First call customer care and ask proof of documents for your qualification.

 

[Chhota Bheem]

Ca student bhi khol sakte hai kya?

Nope, you have to wait.