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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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