Jupiter Fee, Rates and Charges
Fair and transparent - Jupiter as a digital first bank ensures that the charges structure is fair and there are no hidden fees. You can find the detailed fee structure below.
Last updated on 1 September, 2021
Savings Account 🏦
Minimum Average Balance | Zero Balance Account |
Interest Rate on Savings Account | 2.65% per year. More details |
Digital Payments and Transactions 📱
Online Payments - NEFT/RTGS/UPI | No charges. Period. |
Online Payments - IMPS | No charges for first 5 transactions |
From 6th IMPS transaction in a month, No charges if used under ₹1,000 ₹1,000 to ₹1 Lakh - ₹5 per transaction ₹1 Lakh to ₹2 Lakhs - ₹15 per transaction above ₹2 Lakhs - ₹17 per transaction |
Debit Card and ATM Charges 💳
Get a physical debit card for the first time | No charges |
Replacement fees in case of wear and tear or lost card | No charges |
Yearly charges on debit card | No charges |
Transaction fees if you use Federal bank ATM | No charges |
Transaction fees if you use any ATM other than Federal bank |
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Cash withdrawal from any ATM outside India |
₹100 per cash withdrawal ₹100 per cash withdrawal + 3.5% forex fee on transactions beyond the specified limits of -
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Balance check or mini statement from any ATM outside India | ₹25 per enquiry |
Cross currency forex charges on international debit card transactions |
Zero forex fee on international spends
3.5% forex fee on international spends beyond the specified limits |
Transaction decline fee at ATM due to insufficient funds 😱 | At Federal Bank ATM - No Charges At any other ATM - Rs 25 per instance |
Transaction decline fee in stores due to insufficient funds 😥 | No charges |
Branch transactions and others Charges
Get a chequebook |
No charges on first chequebook of 5 leaves Additional requests will be charged at ₹3/- per leaf and courier cost of ₹60/- per kit. Chequebook facility is only available for Verified(FKYC Completed) members. |
Demand draft | 1 demand draft free, once a year. After that, you will be charged: |
Issued against bank account debit
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Demand draft against cash
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Fees for NEFT/RTGS transfers | No charges for first 5 transactions per year. After that, you will be charged: |
RTGS at the branch
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NEFT at the branch
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Fees for Branch Visit. For any of the following:
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No charges for 5 visits per year. Any other requests, ₹100 per visit |
Charges incase you fail to honour standing instructions for recurring deposit, mutual funds SIPs | ₹100 per instance. Only first return in a month will be charged |
Electronic Clearing service (ECS) or National Automated clearing house (NACH) debit failure | ₹350 per transaction. ₹180 for return of ECS/NACH transaction for the first time |
Account Closure |
Closure charges basis number of days from account opening date Upto 14 days : No Charges Between 14 and 180 days : Rs. 118 (includes GST) More than 180 days : No Charges |
Charges related to Locker, Cheque Collection or any other Charges | More details |
Note 1: Any charges mentioned specifically in this page would have precedence over here.
Note 2: If not mentioned explicitly, these charges are exclusive of GST, so an additional 18% GST would be applicable.