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Federal BankSalary account

Federal Bank FedSalary Account

A zero-balance Federal Bank salary account with a complimentary Mastercard Crown Debit Card, digital banking and current insurance benefits.

First-party evidencePublished researchReviewed September 9, 2026Active
Salary / balance conditionNo minimum balance while qualifying salary credits continue.
Cost / chargesZero-balance salary account with complimentary Mastercard Crown Debit Card and Nil AMC under the reviewed proposition; Mobile/Internet Banking and FedMobile NEFT/RTGS are listed free.
Limits / allowancesATM/card transaction limits depend on the Mastercard Crown Debit Card and current Federal Bank card schedule.
Ongoing salary ruleSalary-linked account; after more than 3 consecutive months without salary credit, the account is treated as a normal savings account under standard AMB/charges.
Research processPublished by bankingreference.info

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

2 first-party sources
Last checkedSeptember 9, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateWithin scheduled review window

Target recheck: January 7, 2027.

Critical decision facts

Start with the ongoing account relationship, then price the access layer.

Balance or salary conditions, charges, allowances and downgrade rules can matter more than a promotional benefit.

01 · Salary / balance conditionNo minimum balance while qualifying salary credits continue.
02 · Cost / chargesZero-balance salary account with complimentary Mastercard Crown Debit Card and Nil AMC under the reviewed proposition; Mobile/Internet Banking and FedMobile NEFT/RTGS are listed free.
03 · Limits / allowancesATM/card transaction limits depend on the Mastercard Crown Debit Card and current Federal Bank card schedule.
04 · Ongoing salary ruleSalary-linked account; after more than 3 consecutive months without salary credit, the account is treated as a normal savings account under standard AMB/charges.
Maintained terms

Fees, balances, benefits, limits and eligibility without a single-score shortcut.

These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.

Cost / chargesZero-balance salary account with complimentary Mastercard Crown Debit Card and Nil AMC under the reviewed proposition; Mobile/Internet Banking and FedMobile NEFT/RTGS are listed free.
Salary / balance conditionNo minimum balance while qualifying salary credits continue.
Core benefitsComplimentary Mastercard Crown Debit Card, unlimited Federal Bank ATM transactions, 10 free other-bank ATM transactions and current accident-insurance benefits.
Limits / allowancesATM/card transaction limits depend on the Mastercard Crown Debit Card and current Federal Bank card schedule.
Employer / salary eligibilityNet salary ₹15,000 and above for accounts opened/converted under the scheme from 1 June 2026, plus current salary-account and KYC rules.
Ongoing salary ruleSalary-linked account; after more than 3 consecutive months without salary credit, the account is treated as a normal savings account under standard AMB/charges.
Fit & cautions

Who this record appears designed for—and what can break the fit.

Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.

Potential fit

Salaried customers meeting the current ₹15,000 net salary threshold who want a simple zero-balance salary relationship.

Verify before relying
  • Salary eligibility and benefits apply only while the qualifying salary relationship continues.
  • Insurance benefits have separate conditions.
  • Other-bank ATM free allowances and card terms can be revised.
Maintained comparisons

Compare this product only where the pair is deliberately maintained.

Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.

First-party source ledger

Complete evidence set for this maintained profile.

Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.

Current-use rule

When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.

Research boundary

This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.