Multiple Federal Bank Account

I opened Jupiter Account when it was first released. They completed full KYC recently.

Today I noticed I have 2 Federal Bank accounts linked to my Mobile number. I have no idea how new one opened.

Anyone else face this issue

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No need to worry.

The 2nd Account is Pots Account which is for your goals.

Everyone has 2 Account Which Called Pots Account


So now I have like 2 accounts in Federal Bank. So in Income Tax and Other locations I have to disclose both accounts.

What do you mean about income tax?

Income tax notice come when you do transaction more than 10 lacs.

Jupiter team is working on disabling UPI for pots account.

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