Federal Bank\u2019s initiative towards virtual banking is called FedNet that provides a host of facilities to customers who wish to transact online. Facilities that FedNet hosts includes viewing account statements, ordering cheque books and demand drafts, initiating fund transfers and much more.<\/p>\n
Fund Transfer<\/strong><\/p>\n With FedNet, customers can send funds between their own accounts. They can also make transfers from their Federal Bank account to non-Federal Bank accounts. Fund transfers are secure. Customers can opt for RTGS, NEFT or IMPS.<\/p>\n Cheques and DDs<\/strong><\/p>\n Customers can request for fresh cheque books or make a request for a demand draft online. The hassles associated with going to the bank and waiting are eliminated.<\/p>\n Recharge<\/strong><\/p>\n Customers can instantly recharge their mobile phones and their DTH connections conveniently online.<\/p>\n Open RDs<\/strong><\/p>\n Book a recurring deposit from the comfort of your own home or office. You can also set standing instructions to auto debit your bank account to make contributions towards your RD.<\/p>\n Loan Payments<\/strong><\/p>\n Pay your EMIs through FedNet at your convenience. You can also set instructions to auto debit your account so that you never miss a payment.<\/p>\n Tax Payments<\/strong><\/p>\n Pay taxes to the government through your FedNet account. You will receive an instant confirmation. You can pay both direct and indirect taxes.<\/p>\n Mini Statements<\/strong><\/p>\n You can view your mini statement online. Find out your balance, credits and debits whenever you need by logging into your online account.<\/p>\n Tele Banking Requests<\/strong><\/p>\n Make tele banking requests through your online banking account.<\/p>\n Online Shopping<\/strong><\/p>\n You can pay for your online purchases using FedNet internet banking which is safe and secure.<\/p>\n Contact Federal Bank via the following avenues to request for\u00a0internet banking:<\/p>\n If you are a first-time user, you can access your internet banking account by following these steps:<\/p>\n To enhance safety and security of fund transfers, the Federal bank<\/a> has stipulated certain limits on online transfers depending on the bank account.<\/p>\n With all fund transfers, customers have to go through a two-factor authentication. This is mandatory by Federal bank on all transactions. If a customer requires a higher limit, they can place a request in the following manner:<\/p>\n Login in to FedNet and Click on \u201cRequests\u201d. Select \u201cEnhance Transaction Limit\u201d and submit your request.<\/p>\n Customers can enhance their limits up to the following amounts:<\/p>\nHow to apply for FedNet?<\/h2>\n
\n
How to access FedNet?<\/h2>\n
\n
Fund Transfers Limits through FedNet<\/h2>\n
\n\n
\n Type of account<\/strong><\/td>\n Limit<\/strong><\/td>\n<\/tr>\n \n Between own accounts<\/td>\n Rs.2 lakhs<\/td>\n<\/tr>\n \n Third party account within Federal Bank<\/td>\n Rs.30,000<\/td>\n<\/tr>\n \n Non- Federal Bank account<\/td>\n Rs.30,000<\/td>\n<\/tr>\n \n Online Payments<\/td>\n Rs.30,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \n\n
\n Particulars<\/strong><\/td>\n Silver Net<\/strong><\/td>\n Gold Net<\/strong><\/td>\n<\/tr>\n \n Transfer limit between own accounts<\/td>\n Unlimited<\/td>\n Unlimited<\/td>\n<\/tr>\n \n To other Federal Bank accounts<\/td>\n Up to Rs.1 lakh<\/td>\n Up to Rs.1 lakh<\/td>\n<\/tr>\n \n To other bank accounts or bill payments<\/td>\n Up to Rs.1 lakh<\/td>\n Up to Rs.5 lakh<\/td>\n<\/tr>\n \n Online payments<\/td>\n Up to Rs.1 lakh<\/td>\n Up to Rs. 3 lakh<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"