Federal Bank India

About Federal Bank India

Federal Bank is a private sector bank in India. The head office of this prestigious bank is located at Aluva, Kerala. By 2008, the Federal Bank India had successfully introduced 671 branches and 681 ATMs across the nation. In the month of March of 2008 alone, the bank had opened 26 branches across 11 Indian States.

Federal Bank India is well recognized for facilitating even the smaller branches consisting of rural and partially-urbanized areas with technology enabled services.

Background of Federal Bank India

Previously known as Travancore Federal Bank Limited, the Federal Bank Limited in its entire span of customer services has seen both ups and downs. The bank started with an auction-chitty business along with other banking transactions related to agriculture and industry. In the year 1945, the paid-up capital of the bank touched Rs.71000 and a new Board of Directors was constituted. During this period, the bank also incorporated new Articles of Association. The same year its branch was opened at Aluva.

Subsequently, Federal Bank came with its branches in Angamally (1946) and Perumbavoor (1947). However, it came with a massive expansion plan in the years 1975 and 1976 by opening 53 and 42 branches respectively.

From that time onwards till today, the bank has continued to incorporate the effective changes to ensure smooth banking experience for its customers.

Products and Services of Federal Bank India

Federal Bank India extends a wide range of products and services to its customers to ensure them maximum benefits and a happy banking experience. The range is inclusive of:

• Depository Services
• Debit Cards
• General Insurance Products in association with United India Insurance
• Export Credit Insurance Products in association with ECGC
• Express Remittance Facility from Abroad - FEDFAST
• Cash -On- Line Express Cash Remittance
• Life Insurance Products in association with IDBI Fortis
• Lock Box Service for US-based NRIs
• Cash Management Services
• Merchant Banking Services
• E-shopping Payment gateway
• BSNL Bill Payment
• Easy Pay- On-line fee payment system
• Online LIC Insurance Payment
• Online Kiosks for customers
• Online Railway Reservation System

Pioneering Services by Federal Bank India

In its attempt to serve customers with the best and to provide them an easy means of banking, Federal Bank in India has come up with many first of its kind services and products that re-defined the entire banking scenario of India. These are:

• Launched Internet Banking Service via FedNet among all the traditional banks in India
• Made its branches automated
• Inter-connected all its branches
• Started Electronic Telephone Bill Payment
• Introduced e-shopping payment gateway
• Offered Mobile Alerts and Mobile Banking service
• Devised a way for Express Remittance Facility from Abroad
• Provided RTGS facility in all its branches

Head Office of Federal Bank India

The Federal Bank Limited,
Federal Towers,
Aluva - 683 101,
Kerala
Ph: +91-484-2623620 to 29
Fax: +91-484-2622672

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