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Federal Bank launches NR savings accounts for NRI women

By IBNS
Jul 25, 2023..

Mumbai: Federal Bank, on the occasion of the start of the FIFA Women’s World Cup, announced the launch of an exclusive NR savings account scheme, specifically curated for Non-Resident Indian (NRI) women.


This scheme, named NRE Eve+, is designed to cater to the unique financial needs of NRI women, offering a range of benefits tailored to enhance the financial journey of NRI women.

The global virtual launch witnessed unveiling of the product theme by Shyam Srinivasan, MD & CEO, Federal Bank.

A prototype of the exclusively designed debit card was unveiled and presented to its first NRE Eve + customer, Suni Paul by Shalini Warrier, Executive Director at Aluva.

The first NRE Eve + holders from Abu Dhabi included Mrs Beena Muraleedharan, Executive Director, SFC group, and Danesa Thandassery Raghulal, ED - Elite Foods Pvt Ltd and from Dubai, Jean Shahdadpuri , MD- Nikai Group of Companies. 

The release of the product was also announced at the Nurses Day Out Event conducted as part of Angel Awards 2023, which was held at the De Montfort University, Dubai.  

On the occasion of the launch, Shalini Warrier, Executive Director of Federal Bank, said, "Federal Bank has always been a pioneer in the Non-Resident customer segment. This product is designed to incorporate unique features and benefits which will surely be an attractive proposition to our valued women in the diaspora and will contribute to their financial well-being, making a meaningful impact in their lives." 

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