Jupiter and partner bank Fee, Rates and Charges

Fair and transparent - Jupiter as a digital first platform ensures that the charges structure is fair and there are no hidden fees. You can find the detailed fee structure below.

Last updated on 21 March, 2023

Savings Account 🏦

powered by Federal Bank

Minimum Average Balance Zero Balance Account
Interest Rate on Savings Account
EOD Balance Slabs Final Rate of Interest (%)
< 5 lakhs 3.05
5 lakhs - < 50 lakhs 3.10
50 lakhs - < 5 crores 3.75
5 crores - < 50 crores 4
> 50 crores 6

Note: Interest calculated on progressive balances in each of the interest rate slabs applicable.

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 One time Card Fee of ₹199 (GST excluded) will be charged for the Physical Debit Card until 31st December, 2022.
*From 1st January, 2023, card fee will be revised to ₹299
Replacement fees in case of wear and tear or lost card Card Fee of Rs. 199 (GST excluded) will be charged for a Physical Debit Card.
No charges for Virtual Debit Card
*From 1st January, 2023, card fee will be revised to ₹299
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
  • Free for first 5 transactions per month
  • After 5 transactions, ₹21 for cash withdrawal & ₹11 for balance check or mini statement per transaction
Cash withdrawal from any ATM outside India ₹100 per cash withdrawal + 3.5% Forex Charges on all international ATM withdrawals
Balance check or mini statement from any ATM outside India ₹25 per enquiry
Cross currency forex charges on international debit card transactions Zero Forex Charges on international Debit Card purchase transactions
  • Upto ₹ 25,000 per month (for Pro Account)
  • Upto ₹ 1,00,000 per month (for Salary Account)

3.5% Forex Charges on international spends beyond the above mentioned limits

Important! The Forex Charges will be levied instantly on all international transactions and will be reversed, if applicable, on a weekly basis

Following Forex Charges are applicable starting August 1, 2022,
  • 3.5% Forex Charges on all international purchase transactions (for Savings Account)
  • Zero Forex Charges on spends up to ₹ 25,000 per month (for Pro Account)
  • Zero Forex Charges on spends up to ₹ 1,00,000 per month (for Salary Account)

3.5% Forex Charges on international spends beyond the above mentioned limits

Important! The Forex Charges will be levied instantly on all international transactions and will be reversed, if applicable, on a weekly basis
Transaction decline fee at ATM due to insufficient funds 😱 For Domestic Transactions -
At Federal Bank ATM - No Charges
At any other ATM - Rs 25 per instance

For International Transactions -
At any ATM - Rs. 100 per instance
Transaction decline fee on all purchase transactions due to insufficient funds 😥 No charges for the first 2 transaction declines.
₹100/instance for repeat declines with the same error in a calendar month.
Transaction decline fee on all transactions due to Invalid CVV, Transaction Channel Being Deactivated, Withdrawal Limit Exceeded, Blocked Card, Incorrect PIN or Blocked due to Excessive PIN tries 😨 No charges for the first 2 transaction declines.
₹100/instance for repeat declines with the same error in a calendar month

Branch transactions and others Charges

Get a chequebook

No charges on 1st cheque book of 5 leaves

Additional requests will be charged at ₹100 (excluding GST) for a cheque book containing 5 leaves.

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
  • ₹30 for draft upto ₹5,000
  • ₹50 for draft from ₹5,001 to ₹10,000
  • ₹4 per ₹1,000. Subject to a minimum of ₹50 - For draft from ₹10,001 to ₹1,00,00
  • ₹4 per 1000 subject to a maximum of ₹10,000 - For draft from ₹1,00,001 and above
Demand draft against cash
  • ₹100 for draft upto ₹10,000(including GST)
  • ₹8 per ₹1,000. Subject to a minimum of ₹100 - For draft from ₹10,001 to a max of ₹49,999(including GST)
Fees for NEFT/RTGS transfers No charges for first 5 transactions per year. After that, you will be charged:
RTGS at the branch
  • ₹20 per transaction for ₹2 lacs to ₹5 lac
  • ₹45 per transaction above ₹5 lakhs
NEFT at the branch
  • ₹2 per transaction upto ₹10,000
  • ₹4 per transaction from ₹10,001 to ₹1 lac
  • ₹14 per transaction from ₹1,00,001 to ₹2 lacs
  • ₹20 per transaction for ₹2 lacs and above
Fees for Branch Visit. For any of the following:
  • Address Confirmation
  • Photo Attestation
  • Balance Confirmation
  • Signature Verification
  • Cheque
  • Electronic clearing services (ECS)
  • Demand Darft (DD) cancellation
  • Bank Statement
 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.