FEDBOOK SELFIE

WHAT IS FEDBOOK
SELFIE?
Federal Bank introduces ‘FedBook Selfie' a first-of-its-
kind facility in India for opening Savings Bank account
through a smart phone.  By means of this facility,
individuals can open Savings Bank Account in Federal
Bank - on their own - by using their Aadhaar and PAN
Cards.  Presently, the facility is offered to resident
individuals  only.
 FEATURES OF FEDBOOK
SELFIE
• Eligibility Criteria : Resident individuals
• Type of Account : Resident SB
• Balance requirement : No minimum balance stipulation
• Upper cap on balance in all accounts : FedBook Selfie- No limit.
FedBook Selfie Lite- Balance of the account
• Account getting blocked : FedBook Selfie Account- Not ApplicableFedBook Selfie
Lite accounts- Credit and Debit transactions to account using all channels will be
blocked above the threshold limit
 FEATURES
• Validity of this scheme : FedBook Selfie Account – Not ApplicableFedBook
Selfie Lite Account - Account validity is 1 year from the date of Account
opening. Customer should complete full KYC by visiting any Federal bank
branch within an year of account opening.
• Restricting cash transactions : FedBook Selfie Lite : Cash withdrawal and
deposit  across the counter will not be allowed
• Other restrictions : FedBook Selfie Lite :  The customer will not be allowed to
open any other account until full KYC is completed for this account and scheme
is changed from FedBook Selfie Lite to any other schemes.
 CONDITION
Customer has to complete a full KYC verification (visit
any branch with KYC documents & complete biometric
branch KYC process) within one year of opening the E
KYC account and change the account scheme to any
other scheme of his/her choice.No Cheque Book is issued
in the account under this scheme.
 PRE-REQUISITES
Mobile number should be linked with Aadhaar
 

for opening accounts using E KYC.

A customer can open only one account using E
KYC across all Banks
 KEY FEATURE OF FEDBOOK
SELFIE
Quick Account opening Immediate activation of
account Zero Balance Account with exciting
features.
Highly secured App with online
validation of KYC documents
 WHAT SHOULD I DO TO OPEN A FEDBOOK ACCOUNT

• Download the app from play store or iOS app store.

• Choose "Open a new account“
• Choose a branch of your choice.
Two options for account opening, as noted below, are
offered. Choose oneProceed with Selfie account: Under this
mode, ‘FedBook Selfie Account' can be opened and then
activated by visiting any one of our branches. 
 STEPS
• Proceed with E KYC account (Currently discontinued as per UIDAI
directions): Under this mode, ‘FedBook Selfie E KYC Account' can be
opened using Aadhaar OTP.
• This account can be operated up to 11 months from the date of opening
without submitting KYC details at the branch. Before completion of 11
months, the customer should complete full KYC formalities by visiting a
Federal Bank branch with self-attested copies of Aadhaar and PAN card.
 STEPS
• Your Account number will be generated real time. 
• FedBook Selfie app is now transformed to your digital passbook
(FedBook).
• Visit any Federal Bank branch and activate your account.
 WHAT ARE THE CHARGES
RELATED TO SELFIE BANK?
• Transaction Charges :
FedBook Selfie : Monthly 3 over the counter transactions (branch transactions) will be permitted in
the Scheme without any charges, beyond which the transaction will be charged at Rs.25 + GST (upto a
maximum of Rs.100 per day). *OTC includes all cash and non cash transactions performed at the
branch.
• Cheque book : Chequebook will be issued on request. Rs.5 per leaf, chequebook of 5 leaves.
• ATM / Debit card : MASTER CLASSIC(CROWN)Issuance will be free of charges
• Annual Charges for Debit Card : Rs.300 + Tax
• RTGS/ NEFT : FedNet- FreeFeddMobile- FreeTransaction at branch – as per Service charge Structure. 
• Internet Banking : Free
• Fedmobile : Free
 CHARGES RELATED TO SELFIE
BANK
• AWB Cash Deposit : Monthly 3 over the counter transactions (branch transactions) will be
permitted in the Scheme without any charges, beyond which the transaction will be charged
at Rs.25 + GST (upto a maximum of Rs.100 per day). *OTC includes all cash and non cash
transactions performed at the branch. 
• AWB Clearing/ Collection/Transfer : Monthly 3 over the counter transactions (branch
transactions) will be permitted in the Scheme without any charges, beyond which
the transaction will be charged at Rs.25 + GST (upto a maximum of Rs.100 per day). *OTC
includes all cash and non cash transactions performed at the branch. 
• Collection of outstation cheques : As per Service Charge Structure
• E-mail alert : Free
• Mobile alert : Chargeable Rs.0.50 per SMS
Submitted by
Anchu Theresa Jacob, 19ubm114
Ann Mariya Binoy, 19ubm118
Divya John, 19ubm126
Josna K George, 19ubm142
Amalu Rose Abraham, 19ubm112
Ajitha Santhosh, 19ubm104