Fi is a money management platform that re-imagines the banking experience in India. The Federal Bank Account offered through our App, is a digital bank account that gives you the fastest way to open a bank account online.
You can do everything from the Fi App, including p2p payments, fund transfers, bill payments, and more, with features to automate every action. You also get a Debit Card, spends insights and tools to grow your investment and earn rewards.
For Plus, Infinite, Salary, or Prime account plans, maintaining the respective balances is recommended, but no penalty will be charged for non-maintenance.
Effective from 1st June 2025, for users on the Regular account plan, the following charges will apply if the required balance is not maintained:
Average Monthly Balance (AMB) required: ₹5000
AMB Fee (based on maintained balance):
AMB Balance Range | Monthly Fee (₹) |
---|---|
₹4001 - ₹5000 | ₹60 |
₹3001 - ₹4000 | ₹120 |
₹2001 - ₹3000 | ₹180 |
₹1001 - ₹2000 | ₹240 |
Upto ₹1000 | ₹300 |
Note: The maximum charge can go up to ₹300/month with no annual cap.
Check out all the account plans available.