1. Eligibility:
   Resident Individuals above 55 years of age can open Esteem Savings Account
2. Balance Requirement:
   Minimum average monthly balance of ₹ 50,000 OR ₹25,000 + ₹10 Lakhs TD
3. Debit card:
   Card Network: Mastercard
   Limits: ₹ 1,00,000 daily limit for ATM withdrawal and ₹ 5,00,000 daily limit for Shopping
4. Debit Card Issuance:
   Free
5. Debit Card Annual Maintenance:
   Free
6. SMS/Email Charges:
   Free
7. RTGS/NEFT:
   Free
8. DD Issuance:
   Free (1L per day)
9. Duplicate Passbook & Duplicate Statement:
   Free
10. Balance & Interest Certificates:
    Free
11. Free Cheque book per year:
    10

**Terms & Conditions on each Debit card offers will be added later.

Terms and Conditions

• Insurance coverage (Hospital Cash, Yearly Health Check-up & Unlimited doctor teleconsultations) for 5 years from account opening is provided by Aditya Birla Health Insurance Company Limited.
• Customers within the age of 55 to 99 years will be only covered.
• Insurance coverage will be live from the 60th day of customer onboarding (i.e., account opening or upgrade date) and will be valid until the validity date of the policy.
• Cover will be valid only if the customer has maintained the Esteem AMB eligibility criteria for the last three months from the claim date.
• Insurance coverage will be automatically renewed every year if the customer meets the Esteem eligibility criteria.
• Daily Hospital Cash (Accident & illness) – Rs 1000 for 5 days (1-day deductible).

Special Conditions

1. Type of Insured: Esteem Account holders of Federal Bank
2. Territory of Insurance:

3.  Basis of Sum Insured: Individual
4.  Age Group: 55-99 years
5.  Claim shall be payable under the policy only if monthly average balance of Rs. 50,000/- is maintained for 3 months prior to the date of loss.
6.  Accidental claims shall be reported to the Insurance Company within 45 days of discharge from the hospital.
7. The decision of the Bank and ABHIC, as mutually agreed upon, in all matters shall be final and binding on all persons.
8. Insurance can be claimed by intimating ABHIC’s call centre- 18002707000 or by e-mail-healthinsurance@adityabirlacapital.com or by writing to ABHIC’s office address along with the following details within 45 days of discharge from the hospital, the hospitalization for which the claim is being intimated:

• COI number of member.
• Name of the group member.
• Name and address of the Insured Person (Group member or the family members enrolled in the Policy) in respect of whom the request is being made.
• Hospital where treatment/Surgery was taken.
• Date of admission and date of discharge or approximate length of stay.
• Any other information that may be relevant to the Illness/ Injury/ Hospitalization.

Claim Submission

The below mentioned claim documents shall be sent to ABHIC on email.

Please note below claim intimation format to be followed for all claim intimations with documents -

*Please note Document Number will be the “File Name” of documents.

Group Hospital Cash Documents

1. Copy of duly filled claim form
2. Copy of Photo ID and Age proof
3. Channel Partner’s branch attested photocopy of discharge card or day care summary and transfer summary (If applicable)
4. Channel Partner’s branch attested photocopy of the final bill to substantiate if ICU benefit has been asked
5. Channel Partner’s branch attested photocopy of MLC/ FIR copy, in cases of accident claim only
6. Channel Partner’s branch attested photocopy of death summary & death certificate, in cases of death only. It is additionally noted that in case of death, the copy of death certificate mentioned may be submitted only within 60 days from date of death.

Terms & Conditions

Two copies of recent passport size photograph