FINANCIAL INCLUSION
Financial Inclusion Activities
Financial exclusion is a result of poor relationships between banks and communities. Poor people, particularly in rural areas, are often wary of banks and finds branches intimidating. A profound lack of financial literacy also reinforces the sense of alienation. Overcoming these barriers and altering the economics of serving the poor require the bank to pursue a variety of innovations in product development, distribution, marketing and organization structure. At Federal Bank too we are harnessing the potential of digital technology to reach out to the underprivileged sections of society. Be it through Banking Correspondents (BC) or through Net/Mobile banking, we're able to bring more and more customers under the banking umbrella.
Pradhan Mantri Jan-Dhan Yojana
Pradhan Mantri Jan-Dhan Yojana (PMJDY) is the National Mission for Financial Inclusion to ensure access to financial services, namely, Banking, Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner.
Pradhan Mantri Suraksha Bima Yojana
Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a one year cover, renewable from year to year, Accident insurance scheme offering accidental death and disability cover for death or disability on account of an accident.
Pradhan Mantri Jeevan Jyoti Bima Yojana
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) scheme offers a renewable one year life cover of Rupees Two Lakh to all savings bank account holders in the age group of 18 to 50 years, covering death due to any reason, for a premium of Rs.330/- per annum per subscriber.
Atal Pension Yojana
Atal Pension Yojana is focused on encouraging and enabling the working poor to earn a permanent income after the age of 60.
Business Correspondent model
Business Correspondents as an extended arm of Bank, helps bring more population under the financial umbrella through a digitalized approach.
What's New
Leading Voices
Join us for the inaugural episode of 'Leading Voices', a podcast series by Federal Bank.
Saa₹thi 2.0
“Saa₹thi” app introduces a user-friendly interface with comprehensive tools aimed at simplifying complex financial concepts.
Central KYC Registry
Federal Bank presents 'Rishta Anthem', a brand-new musical celebration performed by our employees. This anthem is more than just a song; it's a testament to the power of human bonds.
Dial 1930 to report Online Financial Fraud
Report Cybercrimes at www.cybercrime.gov.in.
Experience hassle-free money transfers with trusted remittance houses.
Click here to send money securely & swiftly around the world.
Dial 1930 to report Online Financial Fraud
Unclaimed Deposits Gateway to Access Information - UDGAM
UDGAM portal has the search facility for unclaimed deposits of banks.
Federal Bank is registered with Deposit Insurance and Credit Guarantee Corporation (DICGC).
https://www.dicgc.org.in/
Single window for resolution of complaints against RBI regulated entities.
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Tutorial Videos
Watch tutorial videos about our products & services and harness the power of digital banking.
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