Kochi, Feb 18 (Reporter) Federal Bank, one of India's leading private sector banks, unveiled a new NR Savings account variant – Prospera. The Prospera NRE Savings Account offers an impressive suite of benefits designed for the emerging affluent NRI segment which includes Complimentary Insurance Benefit up to Rs 60 lakh, complimentary airport lounge access, special rewards for debit card spends and other banking benefits. 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. "For over seven decades, Federal Bank has been a trusted partner for Non-Resident Indians across the globe, facilitating their financial aspirations and connections with home," said Mr. KVS Manian. "Today, we handle approximately one-fifth of India's inward remittances, symbolizing the immense trust that the Indian diaspora and our partners place in us. We recognize 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." "We are committed to continuously evolving and enhancing our products and services to meet the changing environment and the needs of our customers." "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...////...