We launched FlashPay, a compact and stylish solution for seamless transactions on the go. It is a first-of-its-kind smart RuPay key chain that allows the customer to make secure payments. This eliminates need for physical cash or cards.
Our digital end-to-end lending journey acquired a new dimension through our WhatsApp Lending Platform that seamlessly offers services at your fingertips.
Pre-approved Personal Loans
Customers can avail pre-approved personal loans through WhatsApp without any platform charge
Pre-approved Credit Cards
Customers can avail pre-approved credit cards through WhatsApp
Social Security Schemes
Eligible customers can enroll in PMSBY and PMJJBY schemes through WhatsApp
This product was launched as a part of the Bank’s endeavour to widen its product suite and be the one stop place for all the hedging products required by the clients. This product gives opportunities to serve the onshore as well as offshore clients who wish to hedge their currency risks. The product also gives the Bank opportunity to benefit from the pricing disparities between the onshore and offshore markets for options.
The Bank also started offering Forward Rate Agreement on Bonds or Bond FRA to its institutional clients for hedging their interest rate risks. The product is of significant use for Insurance companies in hedging the interest rate risk associated with their product offering.
Federal Bank Credit Card is a biller on the Bharat Bill Payment System (BBPS) platform, simplifying bill payments. Customers are no longer required to visit individual websites of different billers to pay bills.
Launched in association with RazorPay, Federal Bank customers can now use Visa debit cards to invest in mutual funds.
We are the first India-based Bank to execute a blockchain-based cross-border trade transaction. This was done using a blockchain-based electronic Bill of Lading solution. This aims to streamline trade finance processes, offering customers a seamless and efficient service that ultimately s Blockchain-based aves time and cost.