Home > News & Trends > Federal Bank > Yuvamitra - March 4, 2010, by Shahid

Federal Bank ‘Yuvamitra’ Account for the Youth

Federal Bank introduced a bank account ‘Yuvamitra‘ with the power to change every youth’s future. Students, Employed and Entrepreneurs between 15 & 35 years of age can be part of ‘Yuvamitra’.

Balance Requirement

Students - No minimum balance.
Others - Quarterly average balance to be maintained within 6 months of opening the account. Easy formalities for Students - Account opening with just an introduction from principal / head of institution.

Great Benefits

Preferential treatment to account holders opting for educational loan
Assistance in sending applications to universities abroad
Send applications to universities abroad free of cost, saving huge courier charges
Scholarships for selected students for studies in top 50 Universities abroad for M.B.A / M.S