Vaisakhi Offer- Use Code VAISAKHI24

Register Now

NR Savings Account Scheme for the Seafarer Segment – Federal Bank

Published on June 05, 2021
Current Context: The Federal Bank launched the NR savings account scheme for the Seafarer segment.
NR Savings Account Scheme for the Seafarer Segment – Federal Bank
  • It was launched for mariners.
  • The services under the schemes are integrated into the digital platform so that digital banking under the schemes can be performed by the mariners.
  • The scheme grants preferential exchange rate for monthly inward remittances, premium debit card with domestic airport lounge access, linked zero balance NRO account, and bespoke financial planning and customised wealth management products and services.
  • The scheme is available in two variants namely NRE SB(Non-Resident External Saving Account) and NRO SB (Non-Resident Ordinary Saving Account).
  • Static Part: 
    • HQ of Fedearl Bank: Aluva, Kerala
    • Tagline of Federal Bank: Your Perfect Banking Partner
    • MD and CEO of Federal Bank: Shyam Srinivasan

Question: 

Q.1 Which bank launched the NR savings account scheme for the Seafarer segment.
a. IndusInd Bank
b. South Indian Bank
c. Karnataka Bank
d. Federal Bank
ebook store

About us

ramandeep singh

Ramandeep Singh is a seasoned educator and banking exam expert at BankExamsToday. With a passion for simplifying complex concepts, he has been instrumental in helping numerous aspirants achieve their banking career goals. His expertise and dedication make him a trusted guide in the journey to banking success.

  • Follow me:
Close Menu
Close Menu