- It is launched for the children of up to age 18 years.
- The account is applicable for both resident and NRIs.
- The FedFirst Saving Account will help children to know the money management process and the importance of money.
- The bank also offers a contactless debit card to the account holders of FedFirst account.
- The account is made available with the feature of withdrawing daily cash of up to Rs 2500 from ATMs.
- The daily shopping limit of PoS or E-commerce is Rs 10,000.
- It offers reward points and seasonal cashback on debit card usage.
- The FedFirst Saving Account also provides free online facilities like access to internet banking, mobile SMS alerts and email alerts.
- Static Part:
- HQ of Federal Bank: Aluva, Kerala
- Tagline of Federal Bank: Your perfect banking partner
Question:
a. ‘FederalChild’
b. ‘FedFirst’
c. ‘SmallFed’
d. ‘MiniFederal’
