Apologies for the inconvenience caused. We along with the bank has aligned certain eligibility criteria for the savings account product therefore it is not accessible for everyone. I would request you to try Jupiter Account. It is a zero balance spends account.
My mom has the same notification. Is it that this notification is for Federal bank account? And is Jupiter account different? How to open Jupiter account after this notification.
Jupiter Savings Account is in partnership with Federal Bank. Jupiter Account (Pots) is managed by Jupiter directly. Its a zero balance, spends account powered by UPI where P2M spends are rewarded. It also allows you to top-up money using credit card or debit card.
Jupiter Money / Jupiter Edge is wholly owned and operated by Amica Financial Technologies Private Limited. It has no affiliation, partnership, or connection whatsoever with Jupiter Capital Private Limited, Bangalore or any of its associated entities.