What is selfie account in Federal Bank?

What is selfie account in Federal Bank?

FedBook Selfie is a mobile based SB account opening facility, which is the first of its kind in India. You can open a Savings account through the mobile app using your Aadhaar and PAN Card. Account number will be generated instantly.

Is selfie account zero balance?

Federal Bank selfie account is a zero balance account. Hence, there is no minimum balance in the account.

How do I get Federal Bank selfie passbook?

How to open a selfie account using FedMobile?

What are the limitations of Federal Bank Selfie account?

No branch transactions, only ATM withdrawals are allowed. An account holder will not be able to open any other account until he/she completed the KYC process for this account and the account is changed to any other scheme from Fedbook Selfie Lite.18-Nov-2021

Does Federal Bank Selfie account have passbook?

Open Banking To reduce the number of Banking Apps on your phone, we have now integrated FedBook into our all-new FEDMOBILE App, which has a host of features including digital passbook, money transfer, utility bill payment, mobile/ DTH recharge, investments, expense manager etc.

What is FedBook Selfie app?

Selfie is a savings bank account opening facility which will allow customers to open Federal Bank savings bank account on their own. Customers can submit their documents like Aadhar and PAN Card and a photograph via the highly secure FedBook app which also provides for online validation of KYC documents.

What is the minimum balance in federal bank?

There are no minimum balance requirements. The customer receives an ATM card. Account view facility is available on Fednet, i.e., internet banking. The customer is allowed to make 4 withdrawals per month through ATM, branch, or cheque clearing.

Is zero balance account good for students?

Zero balance savings account can be a good saving option for individuals who don't want or cannot maintain any minimum average balance.

How do I open a Fi account?

Just download the Fi app, complete a quick in-app employment check and open your digital savings account. All this, in the time it takes you to make a cup of coffee!

Can I get passbook front page online?

SBI mPassbook helps you to view your transaction records on the go. This means that you don't need to go to the bank to get your physical passbook updated with the most recent details. There are no additional fees related to using SBI mPassbook. All you need is a mobile and access to the internet connectivity.19-Mar-2021

How can I open a selfie account in SBI?

How to open SBI Insta Savings Account?

Which bank gives instant passbook?

Instant account opening is easy with HDFC Bank. All you need is a working mobile number, Aadhaar number and a PAN number to open an account.

Which bank gives ATM under 18?

HDFC BankKids Advantage: HDFC Bank offers this type of account and ATM/international debit card along with it to kids aged between 7-18 years old. As this is quintessential years of being a student, it is important to learn managing money and understanding the dynamics of a bank account and debit card.

Which bank is best for children's account?

Top 7 Savings Bank Account Options for Your Child

Can police monitor bank accounts?

The police may get such records through a search warrant signed by a judge based upon an affidavit laying out their probable cause to believe evidence of a crime will be found in such records.

Is Federal Bank zero balance?

Basic Savings Bank Deposit Account (BSBDA) is a Zero Balance Savings Account that takes care of your simple banking needs with Free ATM card, monthly statement, and cheque book.

Is Fi app safe?

Our partner bank hosts your Fi Savings Bank Account and Visa Debit Card, and follows all security standards, as per RBI regulations. Your money is always safe with our banking partner, Federal Bank and your money is insured upto ₹5 lakh as per the RBI's insurance deposit scheme.

Which bank is best for zero balance account?

Best Zero Balance Savings Account 2022

How do I activate my Fedbook app?

How do I close my Federal Bank Selfie account?

In order to close your bank account, the first step is to fill up an Account Closure Form. You can download it from bank's website or alternatively, you can visit your branch, get the account closure form and fill it up properly. After that you need to sign it and submit it to the branch manager/ officer-in-charge.

How do I activate my FedCorp app?

The customer will have to visit the branch and get the necessary documents verified. After successful verification, the customer will receive the token number. The customer should enter the token number in Fedcorp app and the application will be activated. Paste QR code of FedCorp app.

What is selfie account in Federal Bank?