Federal Bank launches an exclusive feature-rich scheme for women

Private sector lender, Federal Bank has launched a feature-rich savings bank product for women. The savings scheme is called Mahila Mitra Plus and provides a curated set of features, designed to make financial planning and investments easy for women. The special features include exclusive preferential interest rates on housing loans, processing fee waiver for home loans, complimentary and customised insurance cover. The special features include exclusive preferential interest rates on housing loans, processing fee waiver for home loans, complimentary and customised insurance cover.

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Important takeaways for all competitive exams:

• Federal Bank Founded: 23 April 1931;
• Federal Bank Headquarters: Aluva, Kerala;
• Federal Bank MD & CEO: Shyam Srinivasan;
• Federal Bank Tagline: Your Perfect Banking Partner.

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