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Federal Bank launches Non-Resident SB Account ‘NRE Eve+’

Published on July 28, 2023
Current Context: Federal Bank has recently launched a new savings account scheme called NRE Eve+ for non-resident Indian (NRI) women. This scheme is designed to offer financial freedom and privileges to NRI women who travel frequently and have diverse banking needs.
Federal Bank launches Non-Resident SB Account ‘NRE Eve+’
  • A Master NRE Eve + Debit card with 75,000 daily limit for ATM withdrawal and 4,00,000 daily limit for POS/Shopping with airport lounge access, welcome on-board gifting and yearly birthday rewards.
  • Complimentary insurance up to 75.25L that includes personal and air accidental coverage, hospital cash benefit, child education benefit, and card protection.
  • Free unlimited at par cheque books, mobile alerts, internet banking, RTGS/NEFT facility, and email alerts.Wealth management support for investment in IPOs, mutual funds, and much more.
  • The minimum average monthly balance required for this scheme is ₹50,000. To open an account under this scheme, one can visit the nearest Federal Bank branch or apply online through the bank’s website.


Q.1 What is the name of the new savings account scheme launched by Federal Bank for NRI women?
a. NRE Eve
b. NRE Eve+
c. NRE Diva
d. NRE Diva+
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