Federal Bank - Fi Money and Jupiter Hike Service Charges for Savings Accounts from June 1st, 2024

[Shraaj]

Summary: Federal Bank & Fi Money customers will experience increased service charges from June 1st, 2024. This affects Virtual & Physical Debit Card issuance, account closure, and AMB requirements.

Article: In an email, Federal Bank notified customers of changes in service charges for Federal Bank-Fi Money & Jupiter Accounts. From June 1st, 2024, customers will face revised fees in various banking areas.

Virtual Debit Card Charges: The issuance of a Virtual Debit Card will now cost ₹354 (including GST), an increase from previous pricing.

Physical Debit Card Charges: Customers will be charged a flat fee of ₹399 (including GST) for the issuance and maintenance of Physical Debit Cards. This applies to all account types except Salary Accounts.

Account Closure Charges: Closure of Fi Money accounts after 14 days of creation will cost ₹299 (including GST).. This is applicable to all account variant

Zero Balance Accounts: All accounts, including Standard, Plus, and Infinite, must now maintain a minimum monthly average balance (AMB). Specific requirements have not yet been disclosed. These changes may disappoint customers who opened accounts in early 2021 when fees were lower.

Federal Bank Charges Read it from Page no.9

 

[doraemon]

Maine bhi try kiya fed app pe login karne ka ... Lekin full transaction ke liye debit card details mangra ... Jupiter debit card ka details Dene pe error aa jara

Maybe I was lucky

Mai ghus Gaya inke system mein matlab

Tabhi shayad ye mujhe bann nahi kar pare

😂😂

 

[praful47]

Aur koi bank ka loophole ya glitch hai to batao bhai thoda hum bhi fayda uthaye ..
Waise bhi bank sale hum log ke paise lekar hum pe hi hukum chalate hai

 

[praful47]

Maybe I was lucky

Mai ghus Gaya inke system mein matlab

Tabhi shayad ye mujhe bann nahi kar pare

😂😂

Solar ya lunar eclipse hua hoga tabhi tum jupiter ke through fed me ghus paye.

 

[doraemon]

Aur koi bank ka loophole ya glitch hai to batao bhai thoda hum bhi fayda uthaye ..
Waise bhi bank sale hum log ke paise lekar hum pe hi hukum chalate hai

If u are canara customer
Order select card free of cost take select benefits
Block card
Repeat

U might incurr hotlist charge of ₹177

 

[praful47]

If u are canara customer
Order select card free of cost take select benefits
Block card
Repeat

U might incurr hotlist charge of ₹177

If I block select card they won't charge reissuance fee ?

 

[its_karan]

Bank ko Lootenge nahi Direct

Print karwa karwa ke Kangal karenge

 

[doraemon]

If I block select card they won't charge reissuance fee ?

Nope block the existing card
And apply fresh

 

[doraemon]

Bank ko Lootenge nahi Direct

Print karwa karwa ke Kangal karenge

AAP hi bataye ye kaisa risk management system h?

 

[Shubham Yadav]

Bank ko Lootenge nahi Direct

Print karwa karwa ke Kangal karenge

Doraemon k cheque kaand k liye vo nana patekar wala meme lana

 

[its_karan]

AAP hi bataye ye kaisa risk management system h?

Bahaut Badiya

Saara Audit Revise karlo

 

[its_karan]

Doraemon k cheque kaand k liye vo nana patekar wala meme lana

 

[doraemon]

Doraemon k cheque kaand k liye vo nana patekar wala meme lana

Same case with fincare bank
Uski bhi 6 books mangwaya tha maine
Fir uske baad bank hi merge hogya😂

6 ke baad unka system alert hogya tha and was giving error
U have unused cheque pls contact branch for further issuance

And guess what never charge for that

 

[praful47]

Doremon apne pocket se infinity cheque book nikal ra hai

 

[praful47]

Off topic question
Ye premier se ace kab hota hai ?

 

[pinki]

Off topic question
Ye premier se ace kab hota hai ?

Thread 'TechnoFino Trophy Points & Levels System' https://www.technofino.in/community/threads/technofino-trophy-points-levels-system.2009/

 

[BhaiyaJi]

@doraemon ko iss saal bharat ratna de dena chahiye, itna loota hai banks ko fir bhi India mai he hai abhi tak.

 

[praful47]

I need strong evidence to support my complaint.
I need a proof where jupiter has clearly mentioned that account would be lifetime zero balance and debit card would be lifetime free.
( I have tweet of jupiter care )
But I think it's not enough

If anybody has got some strong proof then please let me know .

 

[praful47]

I need strong evidence to support my complaint.
I need a proof where jupiter has clearly mentioned that account would be lifetime zero balance and debit card would be lifetime free.
( I have tweet of jupiter care )
But I think it's not enough

If anybody has got some strong proof then please let me know .

I contacted to their chat support they are saying that it was promised in the year 2022 . But now new changes are implemented and customer are intimated and thats normal industry practice.

 

[doraemon]

I contacted to their chat support they are saying that it was promised in the year 2022 . But now new changes are implemented and customer are intimated and thats normal industry practice.

That's correct
See nothing can't be guaranteed and we all know that

They are Neo banks
And the main bank (federal incase)
Is the ultimate bank here and they have all rights to amend/impose charges as per their discretion
Provided they follow the RBI directives in that regard

Moreover they have duly notified the customer in advance hence there remain no question of fraud here

In banking industry even in any industry it's common practice and terms and conditions we agree on account opening
Explicitly contains that any terms can be changed as per discretion
Provided change is intimated in advance
And u always have option to close account if u don't wish to consent with new terms

 

[praful47]

That's correct
See nothing can't be guaranteed and we all know that

They are Neo banks
And the main bank (federal incase)
Is the ultimate bank here and they have all rights to amend/impose charges as per their discretion
Provided they follow the RBI directives in that regard

Moreover they have duly notified the customer in advance hence there remain no question of fraud here

In banking industry even in any industry it's common practice and terms and conditions we agree on account opening
Explicitly contains that any terms can be changed as per discretion
Provided change is intimated in advance
And u always have option to close account if u don't wish to consent with new terms

I know this .... And I know RBI would go in favour of federal . Federal is doing their job correctly but jupiter is misleading their customers