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Here is brief profile of Federal Bank, India.
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Federal Bank

Federal Bank is the largest traditional private sector bank in the country. The Federal Bank Limited (the erstwhile Travancore Federal Bank Limited) was incorporated on 28/4/1931 with an authorised capital of rupees five thousand at Nedumpuram, a place near Tiruvalla in Central Travancore. On 18/5/1945, the Regd.Office of the Bank was shifted to Aluva and the Bank commenced business by opening its first branch at Aluva. Federal Bank became a Scheduled Commercial Bank in 1970.

Federal Bank has several firsts to its credit.
  • First, among the traditional banks in the country to introduce Internet Banking Service through FedNet
  • First among the traditional banks to have all its branches automated.
  • First and only Bank among the traditional Banks in India to have all its branches inter-connected
  • First Electronic Telephone Bill Payment in the country was done through Federal Bank.
  • First and only bank among the older Banks to have an e-shopping payment gateway.
  • First traditional Bank to introduce Mobile Alerts and Mobile Banking service.
  • First Bank to implement an Express Remittance Facility from Abroad
  • First in India to provide RTGS facility in all its branches.
Apart from the entire slew of Banking products and delivery channels Federal Bank also provides the following facilities:
  • Depository Services
  • Credit Cards
  • Life Insurance Products in association with ICICI Prudential
  • 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
  • Lock Box Service for NRI's in the US
  • Cash Management Services
  • Merchant Banking Services
  • E-shopping Payment gateway
  • BSNL Bill Payment
  • Online LIC Insurance Payment
  • Easy Pay- On-line fee payment system
  • Online Railway Reservation System
  • Online Kiosks for customers













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