Revision Of Service Charge

https://www.federalbank.co.in/rates-and-charges
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@Shawnpinto I would like to be clarified on this email as i have recevied it too.

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I have received it too

image

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What changed for Jupiter users? @Shawnpinto

Thanks, Aswin!
This table shared above shows the revision of service charges for Jupiter.

It should answer most of your questions.

Note: The Salary schemes would start sometime in March.

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what about DC Annual charges

Still zero :new_moon_with_face:

Nothing more serious, normal changes

Still zero :joy:

Are these emails required by contract? Why canโ€™t Federal share these updates with Jupiter alone and then Jupiter share it with users in a more transparent way if/ when required? :roll_eyes:

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I have never recieved mail of Revision of Service charges :sweat_smile:.

These communications are required as per RBI regulations wherein a regulated entity has first responsibility to communicate any changes/update in charges/fees related to products it offers to customers.

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Will fuel pump transactions have surcharge?

Gotcha! Poor UX though.

Canโ€™t wait for the day when RBI would allow Jupiter to function independently sans the incumbent heavy-lifting. About time!

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