Federal Bank SB Plus Savings Account

For less than Rs.50 lakh

3.50% p.a. at an uniform rate for entire balance

Between Rs.50 lakh and Rs.10 crore

3.50% p.a. for amount up to Rs.50 lakh and 4.00% p.a. for the remaining balance

Between Rs.10 crore and Rs.25 crore

3.50% p.a. for amount up to Rs.1 lakh and 6.30% p.a. for the remaining balance

For Rs.25 crore and above

3.50% p.a. for amount up to Rs.1 lakh and 6.51% p.a. for the remaining balance

Internet Banking

Available

RTGS and NEFT Facility

Available

Mobile Banking and Alerts

Available

Email Alerts

Available

Cheque Book/Leaves

Available, 40 cheque leaves for free half-yearly

Monthly Statement of Account

Available, Monthly Can be collected from the bank's branch, if passbook not availed

Daily Cash Withdrawal Limit Through ATMs

Rs.1 lakh

Daily POS Transaction Limit

Rs.1 lakh

Monthly Demand Draft Limit

Rs.10,000

Outstation Cheque Collection

25% Discount on Service Charges

Non-maintenance of Average Minimum Balance (Monthly)

1. Upto 20% - Rs.27 per month
2. Above 20% to 40% - Rs.54 per month
3. Above 40% to 60% - Rs.81 per month
4. Above 60% to 80% - Rs.108 per month
5. Above 80% to 100% - Rs.135 per month

1. Upto 20% - Rs.30 per month
2. Above 20% to 40% - Rs.60 per month
3. Above 40% to 60% - Rs.90 per month
4. Above 60% to 80% - Rs.120 per month
5. Above 80% to 100% - Rs.150 per month

ATM Transactions at Federal Bank ATM

Free (Both financial and non-financial transactions)

ATM Transactions at other Bank ATMs

1. Financial transaction - Rs.20/transaction
2. Non-financial transaction - Rs.10/transaction

Transaction Alerts - SMS

1. Rs.0.50 per SMS for resident SB
2. Free for SB NRE/ONR

Card Renewal Fee

Free of charge

Card Registration Fee

Free of charge

Cash Remittance at Non Home Branch (Anywhere Banking Charges)

1. Rs.50 is charged per transaction or 50 paise per Rs.1,000, whichever is higher.
2. First 4 remittances for lower than or equal to Rs.10,000 is allowed for free.
3. If AMB is maintained at Rs.50,000 in the previous month, AWB charges are waived off.

NEFT Charges

1. Inward transactions - Free
2. Charges per outward transaction:
   1. Upto Rs.10,000 - Rs.2.50
   2. Rs.10,001 to Rs.1,00,000 - Rs.5
   3. Rs.1,00,001 to Rs.2,00,000 - Rs.15
   4. Above Rs.2,00,000 - Rs.25

RTGS Charges

1. Inward transactions - Free
2. Charges per outward transaction:
   1. Rs.2 lakh to Rs.5 lakh - Rs.25
   2. Above Rs.5 lakh - Rs.50

Charges for Account Closure

1. Within 6 months - Rs.100
2. Between 6 months and 12 months:
   1. Rural - Rs.50
   2. Senior Citizens - Rs.50
   3. Other - Rs.100