Savings Account
Earn More with
Our Savings Accounts
Get up to
8.25% Interest per annum
Grow your savings faster with Federal Transfer Reserve Bank's high-yield savings account, offering up to 8.25% interest per annum. Enjoy automatic interest crediting, zero-fee fund transfers, and 24/7 digital access — designed to help your money work harder every day.
Savings Account Eligibility
Age Requirements
Applicants must be 18 years or older.
Minor accounts are available with a guardian's joint signature.
ID & Documents
Valid government-issued ID and proof
of current address required for identity verification.
Financial Criteria
A minimum initial deposit of $500 is required.
No minimum balance needed to keep the account active.
Residency & Citizenship
Open to residents, non-residents, and foreign nationals.
NRI accounts available with specific documentation.
Key Savings Account Features
Earn Interest up to 7%
Receive up to 7% interest credited to your account quarterly, with higher rates available for fixed tenure savings options and loyalty tiers.
Free SMS Alerts
Stay informed with instant SMS and email notifications for every transaction, balance update, and account activity — completely free of charge.
FDIC Insured
Your deposits are fully insured up to the statutory limit, giving you complete peace of mind that your savings are protected at all times.
Free ATM Access
Withdraw cash fee-free at over 10,000 Federal Transfer Reserve Bank ATMs and partner networks nationwide, with no surcharge on domestic transactions.
Mobile Check Deposit
Deposit cheques instantly using the Federal Transfer Reserve Bank mobile app. Photograph the front and back of your cheque and funds are credited within one business day.
24/7 Online Banking
Access your account anytime from anywhere with our secure online and mobile banking platform featuring real-time balances, fund transfers, and bill payments.
Required Documents for Application
Please upload the necessary documents to complete.
Upload Now- PAN Card is Mandatory
- Completed Application Form
- Non Resident [Passpost, Visa, Social Security Number]
- Resident [Identification Documents, Social Security Card]
- Passport Size Photographs
Start Banking With in 5 Mins
Verify Customer
Complete a quick identity check using your government-issued ID through our secure digital KYC process. The whole verification takes under 2 minutes.
Documentation
Upload your proof of address, PAN card, and a recent photograph. All documents are reviewed securely and verified within minutes.
A/c Verification
Our system validates your submitted details in real time, ensuring your savings account is set up accurately and ready to use without any delay.
Start Banking
Your account is now live. Start making deposits, transfers, and payments immediately through our app, internet banking, or at any Federal Transfer Reserve Bank branch.
Your Financial Future Starts Here, Start Your Account.
Journey to Wealth Building
Your savings journey begins the moment you open your Federal Transfer Reserve Bank account. With competitive interest rates, smart savings tools, and expert financial guidance, we help you build wealth steadily and securely at every stage of life.
Available in
Different Sizes.
Affordable Rental
Plans.