Federal Bank net banking: The Federal bank is major private sector scheduled commercial bank in India with headquarter in Aluva Cochin. Erstwhile the Bank was known as Travancore Federal Bank. The name was changed to Federal Bank Limited on 2nd December 1949 after completing the formalities of Banking Regulation Act 1949. The Bank is licensed under the Banking Regulation Act 1949 on July 11 1959 and became a scheduled commercial bank in July 20 1970. The Federal bank has huge customer base with more than 10 million customers including 1.5 million NRI customer. The bank has a large network of remittance partner across the globe and claims to handle more than 15% of India’s inward remittance.
Table of content:
1. How to Register for Federal bank net banking?
2. How to Login to Fednet?
3. How to Forgotten Retrieve User ID?
4. How to Recover Forgotten Password?
5. Features & Benefits of Federal bank net banking
6. Fednet FAQ
7. Federal bank Important Links
8. More about Federal bank
How to register for Federal bank net banking
If you are Federal Bank customer and searching for the registration process and activation of internet banking service on your account then you are at the right place. The detailed guide to register login and password recovery for the fed net banking is provided further.
For Retail Customer
You can register for internet banking service on your account by online registration process. You can register online with your account number and debit card details and how to do it, let’s see the Detail procedure.
Click on internet banking you will be redirected to the fednet service page for Internet Banking login. Here select login tab and click on internet banking.
Next page you will be displayed with three option
1. personal banking
2. corporate banking and
3. New user option click on New user for the registration.
On the next page there will be some instruction provided before proceeding for fednet registration. Read all the instructions given and click on click here to register online.
After that you will be on the next page to enter your bank account details. Enter your 14-digit Federal Bank account number and click on continue.
Once you click on continue and OTP will be sent to your registered mobile number linked to your bank account. Enter the OTP and validate by clicking on validate OTP option. if you do not receive OTP click on Resend OTP option and a new OTP will be sent on your mobile once again.
After successfully validating OTP, you will be redirected on the next page where you have to create a user ID for your internet banking account.To create a user ID , keep the following things in mind.
1 point your user ID should contain at least six and at most 30 characters.
2. User ID can be alphanumeric.
3. If User ID you entered is already allotted then try for different user id and remember the user ID you created for login into fednet account in future.
Once you entered your user ID of your choice click on check availability if the user ID is not taken already by someone, you will be redirected to next page for generation of login password.If taken try entering another login ID and proceed
In this step you have to generate the login password for your account. Instruction to create the strong password are provided on the same page. Read all the instructions and create a strong login password. After that enter the login password in first box and retype the same password in the next box for confirmation once you do this click on submit
Once you submit your login password, a success message will generate on the screen the message saying online registration for fednet has been completed successfully and will display your user ID. Now click on login tab provided below this message to login into your account for the first time.
How To Login to Federal bank net banking
Once you successfully created the user id and password click on login button and you will be redirected to login portal. Here enter your user id and password you created in last step and click on log in.
Step 2: Terms and condition
Once you login into your account successfully the terms and condition along with the welcome note will be displayed on the screen. Accept the terms and condition by clicking on Agree button provided.
Step 3: Facility Type
After that you have to choose the transaction facility option. You will be ask to enable the transaction facility. select first option Yes, Transaction facility requiredif you want the transaction facility otherwise you can skip this by selecting maybe later option that click on submit.
Step 4: Debit card details
After selecting the facility type you will be redirected to the next page for the debit card details. Enter the details of your debit card like your debit card number, your card pin ,an expiry date etc. After that click on submit.
Step 5: Transaction password
As you opted for transaction facility, you have to set transaction password. Without the transaction password you cannot do online transaction using internet banking. Set the transaction password with the help of guidelines provided and enter password into the box. Retype the same transaction password in the next box for the confirmation and click on submit.
Step 6: OTP verification
Once you click on submit an OTP will be sent on your registered mobile number to validate the transaction password you created. so, enter the OTP and click on validate OTP.
After OTP validation, a success message will generate saying Your transaction facility is enabled please logout of the session and login again. To do this click on logout.
You will be shown with the successful log out of the account messages.
Step 8: Re-Login
Now go to the fednet internet banking page and choose personal banking. This will take you to the login page enter your login ID and password click on login.
After successful login you will be displayed with a dashboard for internet banking. On the dashboard you will see the account summary account balance and transaction history. Thisis how the entire process from generation of user ID to you first login is completed and your internet banking facility of Federal Bank will be completed here. Enjoy your internet banking facility on your account.
How to Retrieve Forgotten USER ID
If you forgot your log in or user id, don’t worry. You don’t need to panic and visit the bank.Fednet provides the facility to retrieve it online in simple steps. you can retrieve it online the help of your account number and registered mobile number.
Visit the fednet log in portal and click on forgot login Id.
Once you click on forgot user id link you will be on forgot User id page. on this page you have yo enter your 14-digit Account number and registered mobile number. Now enter the verification code and click on continue. After that your User id will be sent on your registered mobile number through SMS
How to Reset login and transaction password
If you Forgot your Fednet internet banking password either log in password or Transaction password, nothing to worry. Federal bank provides the online facility to reset your password. You can reset both your login password as well as transaction password at any time online with the help of your debit card details. let’s see the procedure
Follow the steps to reset your internet banking password:
To reset your password first of all, go to the login page and click on forgot password link provided at the bottom of the sign in box
The forgot password link will take you to the next page where you have to enter your user id and ATM card detail .Enter your fednet user ID and debit card details like, card number, ATM pin expiry date and also enter the verification code provided on the screen after that click on continue button.
Once you click on continue button you will displayed with the option to create a password. you can reset either of log in password & transaction password or both at the same time
Features and benefits of Fednet Service
Fednet internet banking offers internet banking facility to the customer NRI customer treated customer and business customer. The most important benefit of internet banking if you do not stand in a queue for or waiting your number you can do all your banking from home or office without Actually visiting the branch. The more benefits of internet banking are as follows
1. The help of internet banking you can transfer your funds between your own account and any other bank account other than Federal Bank to NEFT and RTGS.
2. As internet banking a lot you fund transfer online you get freedom from the hassles of cheques and demand draft and all the procedures you can transfer your money with single click
3. You can check your account balance and print the account statement online you can also view mini statement and all the transaction details
4. Provides you the facility to view your tax credit statement your TDS details for all the deposits
5. You can also manage your depository account, open fixed deposit and Cash certificate online You can also invest money in recurring deposit
6. Fednet allows you to pay all your direct and indirect taxes online and it also allows you to make repayment of the loan on time
7. With the help of internet banking you can pay all your utility bills Children’s educational fees telephone bill credit card bills etc
8. You can also apply for mobile banking and telebanking through fednet.
Federal bank Net Banking FAQ
Ans: The internet banking service of federal Bank known as fednet. The internet banking portal have been named as fednet.
Ans: Yes personal details can be updated using fednet . To change your mobile number, navigate to> general service> service request >new service request > new request.
Ans: Yes. Fednet service is provided to NRI business and retail customer.
Ans: No. It is absolutely free of charge. But there are service charges applicable on the money transfer through NEFT RTGS.
Ans: The quick transfer option is is used to transfer funds to federal bank accounts and the transaction limit is equal to 5000 rs.
Federal bank Important Links
More About Federal Bank
The bank also has representative offices in Abu Dhabi and Dubai. the total Assets of bank is US $ 22 billion. The federal bank offers variety of products and services to their customer through various channels. Some of them are internet banking, mobile banking, online bill payment, online fee collection, Depository services, Cash Management Services, merchant banking, mutual fund, shares and many more. Amongst these services internet banking facility is most feasible according to the need of time.
In today’s online world the bank has updated its services and made them online and more efficient. You can use internet banking to do all your banking activities online. The net service of Federal Bank popularly known as Fednet banking.