Federal Bank has announced the launch of an exclusive portal for Non-Resident Indians (NRI) through which NRIs can now initiate opening a savings account from anywhere in the world. 

 

Doorstep courier service also has been introduced at select locations to collect the completed forms and duly attested KYC documents.

 

Joy PV, Senior Vice President and Country Head- Deposits, Wealth & Banca, Federal Bank, launched the portal at Dubai and Sindhu Biju, Programme Director of Radio Asia 947 FM and a prominent Journalist in UAE, opened the first account. 

 

Seamless account opening

Aravind Karthikeyan, Chief Representative Officer- GCC, Federal Bank and Sherin K Kuriakose, Chief Representative Officer- Dubai, Federal Bank, were also present during the launch event.

 

Shalini Warrier, Executive Director of Federal Bank, said: "Providing a seamless, frictionless account opening experience, while ensuring regulatory compliance, is the hallmark of our recently launched NR Online Portal. This is yet another initiative that reinforces our Bank’s mantra of 'Digital at the fore, human at the core.' I encourage our valued Indian diaspora across the world to embark on their financial journey with us and enjoy exceptional banking experience."--TradeArabia News Service