Federal Bank launches stellar savings account with insurance coverage, one year wellness plan and more

Federal Bank has recently unveiled a groundbreaking savings solution, introducing the Stellar Savings Account, on February 12, 2024. This new account aims to revolutionize the banking landscape by offering unparalleled benefits and cutting-edge features to customers.

Complimentary One-Year Wellness Plan: Federal Bank is prioritizing the holistic well-being of its customers by including a complimentary one-year wellness plan with the Stellar Savings Account. This demonstrates the bank's dedication to supporting the physical and mental health of its clientele.

Insurance Coverage: Customers can enjoy peace of mind and financial security with robust insurance coverage provided by the Stellar Savings Account. This coverage extends protection to customers and their families in the event of unforeseen circumstances.

Milestone Benefits: The account introduces milestone benefits, ensuring that each banking achievement is celebrated with exclusive perks and privileges for customers.

Accelerated Reward Points: With the Stellar Savings Account, customers can earn reward points on every transaction, with accelerated points for debit card expenditures in categories such as travel, electronics, and apparel, enabling them to maximize their rewards.

Eco-Friendly Debit Card: Federal Bank is promoting sustainability by introducing an environmentally friendly debit card with the Stellar Savings Account. This empowers customers to make eco-conscious choices while managing their finances.

Shalini Warrier, Executive Director of Federal Bank, expressed her views on the launch, stating, "At Federal Bank, we are dedicated to providing the best products and solutions to our customers. Empowering our customers to achieve their financial wellness goals is a crucial aspect of our philosophy, and the Stellar Savings Account is a testament to that commitment. We believe Stellar will surpass our customers' expectations and redefine their banking experience."

The Stellar Savings Account is currently available to both new and existing customers at all Federal Bank branches.