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.
If your income for the financial year is less than or equal to the exemption limit, you can submit Form 15G/15H. This form is so that Tax is not deducted from the interest you have earned on Fixed & Smart Deposits. You can do this on Federal Bank's online portal.