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HomeBusinessBFSIFederal Bank Unveils Prospera for NRIs

Federal Bank Unveils Prospera for NRIs

Today’s NRI customers seek more than just basic banking, says bank

DUBAI, Feb 17 (The CONNECT) – Federal Bank has unveiled a new NR Savings account variant called Prospera targeting the emerging affluent NRI segment.

The benefits that Prospera offers include complimentary insurance up to ₹60 Lakh, airport lounge access and special rewards for debit card spends. As an introductory offer, the bank is providing discount of up to 24% on flight and hotel bookings on select travel platforms using Prospera Debit Card.

Bank Managing Director & CEO KVS Manian pointed out that today’s NRI customers seek more than just basic banking and want to enjoy a comprehensive financial experience that matches their aspirations and lifestyle.

“Our new offerings reflect our understanding of the evolving needs of the Indian diaspora and our commitment to serving them better,” added Joy P V, Executive Vice President and Country Head – Deposits, Wealth and Banca, Federal Bank.

 

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