What is the official website of the payment service?
https://www.federalbank.co.in
https://www.federalbank.co.in
Customer support contacts are available on the 'Contact Us' page of www.federalbank.co.in.
1800 425 1199
Yes, 1800 425 1199 is a toll-free number available for all customers in India.
Separate emails are provided for various departments such as [email protected] and [email protected] for NRIs.
Online chat is accessible on the Federal Bank website via the chat icon, typically on the bottom right of the homepage.
Chat support is generally available 24/7, but live agent hours may vary depending on specific queries.
WhatsApp support is available; customers can use WhatsApp Banking at 8108032688.
Support is mainly available Monday to Saturday, 8am to 8pm, with some services available 24/7.
Support for basic issues and automated services is available 24/7; live agent support may have limited hours on weekends/holidays.
Federal Bank has regional and branch offices across India for in-person visits.
Physical offices are located in various cities including Kochi (head office), Mumbai, Delhi, Bangalore, Chennai, and many others.
Personal meetings can be scheduled by contacting your local branch either by phone or visiting in person.
Federal Bank has NRI representative offices in UAE, Qatar, Oman, and Kuwait.
Support is available in English, Hindi, Malayalam, and several regional Indian languages.
Email and chat queries typically receive responses within 24 hours; phone and WhatsApp support may offer instant or rapid responses.
Priority banking customers receive dedicated and expedited support services, including personal account managers.
Callback requests can be made via online forms, phone, or at branch offices, and are usually processed within one business day.
Federal Bank was established in April 1931 as Travancore Federal Bank, renamed as Federal Bank Limited in 1949.
Founded by K.P. Hormis; currently, ownership is as a publicly listed company with diverse shareholders.
The company is registered in India.
Founded in 1931 in Kerala, Federal Bank grew from a small regional bank to a leading private sector bank offering digital banking services across India.
Major rebranding occurred in 1949; significant updates include digital banking transformation and launch of the FedMobile app.
The board includes Shyam Srinivasan (MD & CEO), G. Padmanabhan (Chairman), and other independent directors.
Key investors include mutual funds, institutional investors, and strategic partners such as fintech firms and global payment networks.
Federal Bank Ltd. is publicly traded on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India.
The market capitalization fluctuates; as of August 2025, it is around ₹54,000 crore.
Federal Bank has subsidiaries like Fedbank Financial Services Ltd, and thousands of branches across India.
Federal Bank holds an RBI banking license, payment system operator licenses, and securities market registrations.
The service operates officially across India and maintains NRI representative offices in select Gulf countries.
Federal Bank does not currently possess cryptocurrency-specific licenses; RBI regulations restrict such operations for Indian banks.
Federal Bank strictly adheres to AML and KYC policies under Indian law, including customer verification and transaction monitoring.
The bank complies with PCI DSS for card transactions, ISO/IEC 27001 for information security, and other industry security standards.
Security audits are conducted regularly by internal teams and accredited third-party vendors to ensure compliance and security.
Client deposits are insured under the Deposit Insurance and Credit Guarantee Corporation (DICGC) of India, up to ₹5 lakh per depositor.
Federal Bank adheres to ISO standards, SWIFT, PCI DSS, and Indian regulatory frameworks prescribed by RBI for payments and data security.
There have been minor RBI penalties for compliance lapses but no recent significant regulatory violations reported.
User reviews and feedback are available on Google Play, Apple App Store, Trustpilot, and consumer complaint forums.
Common complaints include occasional technical glitches, delayed transactions, and customer support wait times.
Users praise ease of use, rapid transactions, app features, branch accessibility, and reliable customer service.
Most withdrawals proceed smoothly; rare complaints exist about occasional delays due to technical or compliance checks.
The web and mobile interfaces are rated highly for user-friendly navigation and clear information presentation.
Transaction speeds are rated as fast and reliable, especially for domestic digital payments and UPI transfers.
Federal Bank generally has high referral rates; 70%+ of surveyed users recommend its payment services.
Experts acknowledge robust infrastructure, strong compliance, security procedures, and high reliability for digital payments.
Federal Bank has won awards such as ET BFSI Best Payments Initiative and Finnoviti Digital Transformation awards.
Yes, Federal Bank is ranked among top Indian private banks for payments and digital financial services.
RBI and other authorities regularly issue compliance and process improvement recommendations, which the bank implements.
Federal Bank is regarded as a preferred payment partner by merchants, fintechs, and global payment networks.
The bank is recognized for innovations in API banking, instant payments, UPI, and custom NEO banking solutions.
The bank holds ISO/IEC 27001:2013 information security certification and recognized service quality awards.
Federal Bank leaders frequently participate in fintech, payments, and BFSI industry conferences and webinars.
Federal Bank positions itself as a leader in digital banking, payment innovation, and secure, customer-centric financial solutions.
Supported currencies include Indian Rupee (INR) and select foreign currencies for NRI services (USD, EUR, GBP, AED).
Federal Bank does not support direct cryptocurrency transactions or wallets, in compliance with RBI regulations.
Federal Bank has not issued any native cryptocurrency or token.
Foreign currency conversion is available for NRI and export/import transactions subject to RBI rules.
Federal Bank uses prevailing market forex rates, sourced from RBI or authorized forex providers.
Exchange rates are updated multiple times a day, reflecting real-time market fluctuations.
Stablecoins are not supported due to regulatory restrictions in India.
Exotic currency conversion is supported for select trade and NRI services, as permitted by RBI.
Federal Bank supports NEFT, RTGS, IMPS, UPI, international wire transfers, intra-bank, and card-based transfers.
Yes, transfers between Federal Bank accounts and UPI IDs are supported.
Transfers to debit cards are supported via IMPS and UPI; credit card payments are also possible.
Money can be transferred to any Indian or eligible foreign bank account via NEFT, RTGS, IMPS, and SWIFT.
Bill payment is supported for utilities, telecom, insurance, credit cards, and government services.
Recurring payments can be set up for bills, loans, SIPs, and subscriptions through standing instructions and UPI mandates.
Automatic transfers are available using standing instructions, ECS, and UPI mandates.
Scheduled payments for future dates are supported through online banking and mobile app.
Group payments and splitting via UPI, Bharat QR, or custom fintech integrations are available.
Payment links can be generated through FedMobile app and business merchant services.
Minimum amounts vary; UPI transactions start at ₹1, NEFT/RTGS minimums apply as per RBI rules.
Maximum limits depend on the transfer mode; UPI up to ₹1 lakh; NEFT/RTGS as per account and RBI guidelines.
Daily limits are set per payment channel and user profile (e.g., UPI ₹1 lakh, online banking limits vary).
Monthly and annual limits are defined by RBI, user KYC status, and account type.
Limits can be increased by request at the branch or online after enhanced verification (KYC/AML).
Yes, verified users benefit from higher limits for transfers, transactions, and funding.
New accounts have limited initial transaction and funding capacities until basic verification is completed.
NRI and international transactions may have different limits as per RBI and host country rules.
Temporary blocks can be placed by users or by the bank due to security, compliance, or fraud concerns.
There are per-day operation count limits for UPI, card, and some banking channels.
Minimum funding varies by method; typically ₹100 for online transfers, ₹1,000 in branches.
Funding methods include NEFT, RTGS, IMPS, UPI, debit/credit cards, cash, and ECS.
Fees may apply for certain types such as cash deposit (above threshold), card loading, or international remittance.
Minimum funding is usually ₹100 for electronic funds transfer; branch funding may require higher minimum.
Electronic transfers (IMPS/UPI) are credited instantly; NEFT/RTGS as per bank/RBI time windows; cash deposits are immediate.
Withdrawals can be made via ATM, branch cash withdrawal, NEFT, IMPS, RTGS, and international remittance.
ATM withdrawals within limits are free; other withdrawals may incur fees, especially for large sums, cross-bank, or international.
ATM withdrawals are instant; online transfers may take seconds (IMPS/UPI) to several hours (NEFT/RTGS).
ATM daily limits (e.g., ₹40,000 or more), online transfer limits as per account type and payment network rules.
Card funding is usually instant; delays may occur if technical checks are needed.
IMPS is instant, NEFT/RTGS may take from minutes to a few hours during banking hours.
Cryptocurrency transfers are not supported by Federal Bank.
Transfers between Federal Bank users and via UPI are typically processed instantly.
IMPS and UPI funding works 24/7; NEFT/RTGS may be delayed on Sundays and banking holidays.
Some funding channels, especially NEFT/RTGS, may be subject to delay during bank holidays.
Express services are not generally applicable; most instant services are included at no extra fee.
Processing speed depends on payment channel, time of day, bank policies, and verification status.
Funding and transaction status notifications are provided by SMS, email, and app push notifications.
Contact customer support with transaction ID and details to initiate tracking and resolution.
Most withdrawals, especially electronic, are processed instantly; some may require further verification.
ATM card withdrawals are instant and branch counter withdrawals occur on the spot.
UPI/IMPS transfers are instant; NEFT/RTGS may require up to a few hours.
Cryptocurrency withdrawal is not available.
UPI/IMPS withdrawals work 24/7, while NEFT/RTGS may be delayed on weekends or holidays.
Yes, holidays can impact certain withdrawal channels due to banking hour limitations.
Most channels are already instant; no provision for paid acceleration for standard customers.
Payment channel, time of request, amount, account verification, and risk checks impact withdrawal speed.
Notifications on withdrawal status are sent via SMS, app, and email for all transactions.
Withdrawal requests for scheduled or future-dated transactions can be canceled before processing; instant withdrawals cannot be reversed.
Registration is done by visiting any branch, online via website or mobile app, providing necessary identification data.
Requires full name, address, identity proof, PAN card, mobile number, and photograph.
Registration can proceed without email using mobile number; some digital channels may require an email later for notifications.
Yes, phone number verification by OTP is a standard part of registration.
Minimum age is 18 years for full access; minors can open account under guardianship.
Corporate/business accounts are available; require business registration and legal documents.
Real, verifiable personal or business data is mandatory in compliance with KYC and AML requirements.
Non-residents can open NRI accounts; most accounts are restricted to Indian residents.
Digital account activation is often instant or within 1 business day after document verification.
Levels include basic, full KYC (physical/doc verification), enhanced for businesses and high-value accounts.
Basic verification requires identity proof (Aadhaar, PAN), address proof, and a recent photo.
Yes, full verification requires identity, address proof, and additional documents for businesses or NRIs.
Digital copies are accepted through secure upload systems; originals may be needed for high-value or special accounts.
Online verification takes a few minutes to 24 hours; physical verification may take up to 2-3 business days.
Account features are restricted for unverified users; full service activation requires basic verification.
Unverified users face limits on transfers, funding, withdrawals, and may not access premium payment channels.
Address confirmation is required through government documents for full account access.
In digital onboarding, photo/selfie authentication is usually required for verification purposes.
Documents may be updated every few years or upon status change as per regulatory requirements.
Federal Bank uses SSL/TLS encryption for data transfer, end-to-end encryption for mobile, and secured storage systems.
2FA is supported using OTP via SMS/email or authentication through apps.
SMS alerts are sent for all transactions; optional OTP verification for sensitive operations.
Biometric login (fingerprint, face ID) is supported on mobile app and enabled devices.
Blockchain is not currently employed for payment processing or banking operations.
The bank uses multi-layered security including firewalls, intrusion detection, 2FA, and transaction monitoring.
Data is protected by advanced encryption, role-based access, privacy policies, and compliance with Indian laws.
Not applicable, as Federal Bank does not support cryptocurrency custody.
DDoS protection is implemented through advanced network security solutions and continuous traffic monitoring.
Security audits and compliance checks are conducted regularly by internal and external auditors.
Anti-phishing features include user education, website validation, email security, and transaction authentication.
Advanced monitoring systems flag suspicious transactions and activity for immediate review.
Employs automated monitoring, transaction reporting, KYC/AML policies, and regular risk assessments.
Accounts with suspicious or fraudulent activity are promptly blocked pending investigation.
Immediately notify the bank’s hotline; provide details for investigation, initiate blocking access, and request compensation procedures.
Report via customer support, branch visit, email, or through the mobile app’s security center.
Compensation may be provided subject to investigation and specific terms; each case is individually assessed.
Users have the right to dispute transactions and request formal resolution, investigation, and reversal if justified.
Dispute by contacting the hotline, emailing customer support, or visiting the branch for appeal procedures.
Specific insurance for cyber attacks may not be provided to clients; the bank insures business against such risks.
Transfer fees vary by type: NEFT/RTGS, international, or card payments will have respective charges per RBI tariff.
Account funding via UPI/IMPS is typically free; cash or card loading, or international transfers may incur nominal fees.
ATM withdrawals over monthly free limit incur charges; branch and international withdrawals attract respective fees.
Currency conversion involves a nominal spread and service charge as per forex guidelines.
No inactivity fees for ordinary savings/checking accounts; some special products may have dormancy fees.
Maintenance charges apply for current/business accounts; basic savings accounts typically have minimal or zero fees.
Most operations cannot be canceled post-processing; scheduled operations may incur a cancellation fee.
Fees for expedited services are rare; most instant digital payment services are included in standard rates.
The bank publishes a transparent tariff schedule; all fees are disclosed on its website and in branches.
Fees for large transactions are based on slabs, regulatory guidelines, and can include percentages or flat rates.
Federal Bank offers various plans depending on user type—savings, current, premium, NRI, and business account tariffs.
VIP/Premium clients get higher transfer limits, discounted fees, dedicated managers, and faster dispute resolution.
Preferential conditions are available by upgrading to premium accounts or reaching certain transaction or balance milestones.
Most digital transactions (UPI, IMPS) are free; ATMs and premium accounts may include a number of free operations monthly.
Active users may be eligible for reduced fees, loyalty points, or special promotional offers.
Tailored tariff plans for business clients including bulk payments, higher limits, and specialized services.
Individual conditions can be negotiated for major clients or high-volume businesses through account managers.
Promo codes may be offered periodically for fee or rate reductions, especially for digital channels.
Cashback is provided on select card spends, app-based transactions, and merchant payments.
High-volume corporate and premium users may qualify for volume discounts or negotiated rates.
Yes, the Federal Bank’s main app is FedMobile.
FedMobile is available on Android and iOS platforms.
App features include payments, fund transfers, bill pay, account management, card services, transaction history, and customer support.
Mobile app offers similar functions to the web, with some mobile-exclusive features like biometric login and QR payments.
Both fingerprint and face ID logins are supported for compatible devices.
Offline functionality is limited; most features require internet; some info/alerts are available even without connectivity.
Push notifications are provided for transactions, offers, account updates, and security alerts.
Dark mode is supported in the FedMobile app.
Updates are released frequently, approximately every 1-2 months, to enhance features and security.
Beta versions may be available for select users during major updates and feature rollouts.
The web interface is noted for its simplicity, clarity, and user-centric design.
Yes, responsive web design ensures optimal viewing on all devices.
The interface supports English, Hindi, and some regional Indian languages.
The dark theme feature is available for the mobile app; night mode for web is under development.
Web platform currently does not feature hotkey support.
Account statements, transaction details, and reports can be exported in PDF, Excel, and CSV formats.
Developer APIs are available for business and fintech partners for integration with banking and payment solutions.
Integration with third-party payment gateways, accounting software, and merchant platforms is supported.
Web interface is updated regularly for security, compliance, and feature enhancements, typically monthly.
Virtual debit cards are offered for online transactions and can be managed in the app.
Disposable/temporary cards are not currently provided; only virtual cards for ongoing use are available.
Multi-currency support is available for NRI and trade accounts; standard accounts are INR-only.
Investment options like mutual funds, fixed deposits, bonds, and insurance are available.
Interest is paid on savings deposits as per RBI guidelines.
Credit cards, personal loans, business lending, and overdraft facilities are offered.
Peer-to-peer trading is not supported; payments and transfers are limited to banking and UPI networks.
Cryptocurrency exchange is not integrated or supported in Federal Bank’s services.
Yes, Federal Bank provides POS terminals, digital payment acquiring, and e-commerce merchant services.
Bulk payments and payroll solutions are available for corporate clients.
Loyalty programs exist for card usage, payment volume, and select merchant transactions.
Points are earned through eligible card spends, payment transactions, and promotional campaigns.
Select debit and credit card transactions, and certain app payments offer cashback rewards.
Referral bonuses are offered for successful new customer onboarding via specific campaigns.
VIP clients have increased limits, discounted fees, faster support resolution, and access to exclusive products.
Seasonal and festival offers are launched regularly, including discounts, cashback, and partner tie-ups.
Premium account status can be obtained by meeting balance or transaction thresholds or applying at a branch.
Discounts are available at partnered merchants for Federal Bank cardholders.
Tailored loyalty and reward programs are offered to business clients.
Federal Bank does not encourage or specifically support online casino transactions due to regulatory norms.
Gambling transactions are monitored and may be restricted as per RBI and government guidelines.
Accounts may be flagged or blocked if large gambling-related or suspicious transactions are detected.
Federal Bank complies with government and RBI policies, and may restrict or monitor gambling-related activity.
No special conditions; standard bank monitoring and compliance procedures apply.
Transactions with gambling merchants are monitored for risk and compliance with legal requirements.
Transactions cannot be intentionally hidden; all activity is recorded in statements and can be identified by merchant category codes.
Alerts are sent for high-value or potentially risky transactions, including gambling expenses.
No special fees; standard transaction and compliance fees apply.
Gambling-related spending limits can be configured via branch requests or self-management tools.
No formal self-exclusion tool; users can request to block transactions or set limits for gambling merchants.
Access control for gambling merchants can be enabled on cards/accounts via customer request.
Spending controls can be managed for gambling through card management and account settings.
Alerts are provided when transaction or category limits are exceeded, including gambling expenses.
Transactions with casinos/gambling merchants can be blocked by request or by bank compliance measures.
Detailed expense reports by category, including gambling, can be generated in statements or app analytics.
No formal cooling-off period exists; users may manually block merchant codes to restrict activity.
Federal Bank provides information on financial responsibility; specialized help is available via external support organizations.
No formal partnerships; referrals provided to external addiction support agencies when requested.
Set up transaction alerts in app settings and customize notifications for gambling category expenditures.
Federal Bank payment cards may be accepted at casinos supporting Indian cards, but no official casino merchant list is published.
No exclusive partnerships with any online casinos.
Transaction terms may vary by merchant, country, and applicable regulatory restrictions.
No special bonuses are provided for casino merchant payments.
Federal Bank cards can be used for payments where accepted; withdrawals vary by merchant rules.
Gambling-related transactions are restricted in regions with legal limitations; all payments subject to Indian law.
Operators process Federal Bank card payments via standard POS/acquiring; online casinos use payment gateways supporting Indian cards.
Casino payments are processed as per standard merchant acquiring timelines, typically instant or within minutes.
Some casinos may levy extra processing fees for using Indian bank cards; consult merchant terms for details.
Compatibility depends on merchant payment gateway; no systemic issues reported, but regulatory blocks may occur.