Frequently Asked Questions

To start referring you need to qualify in 2 ways: First, you should have completed 10 days of opening a Federal Bank Savings Account on Fi. Second, you need to have maintained an average balance of ₹1000 for at least 10 days.
You average balance is calculated at the end of the day across your savings account and smart or fixed deposits, over the last 10 days. We look at the 10 day average balance and if you don't qualify today, we will consider a 10-day balance again tomorrow, and so on. And then you're ready to refer