Federal Bank IFSC Code

Federal Bank is one of India's leading private sector banks with a rich heritage spanning over 93 years. Headquartered in Aluva, Kerala, the bank has grown from a small regional bank to a national player with over 1,400 branches across India. Federal Bank is known for its strong presence in South India and its expertise in NRI banking.

Historical Journey

Federal Bank was established on April 23, 1931, as Travancore Federal Bank Limited in Nedumpuram, a small village in Kerala. The bank was founded by a group of local businessmen with the objective of providing banking services to the local community. In 1949, the bank was renamed Federal Bank Limited and shifted its headquarters to Aluva.

Over the decades, Federal Bank has transformed from a regional bank to a technology-driven national bank. The bank has maintained its core values of trust, service, and community while embracing modern banking practices.

Banking Products and Services

Federal Bank offers a comprehensive range of banking products for individuals and businesses. Personal banking services include various savings accounts, fixed deposits, recurring deposits, and specialized accounts for different customer segments. The bank's Federal SB Plus account offers premium features with attractive benefits.

Loan products include home loans, car loans, personal loans, gold loans, and education loans. Federal Bank is known for its competitive gold loan products and quick processing. The bank's credit cards offer attractive features and reward programs.

FedMobile and Digital Banking

Federal Bank's digital banking is powered by the 'FedMobile' app, which offers comprehensive banking services including account management, fund transfers, bill payments, and UPI transactions. The app provides a seamless digital banking experience with features like instant account opening and quick loan applications.

The bank's 'FedNet' internet banking platform provides secure access to banking services for retail and corporate customers. Federal Bank has invested significantly in digital infrastructure to enhance customer experience.

NRI Banking Excellence

Federal Bank has exceptional expertise in NRI banking, serving the large Malayali diaspora worldwide. The bank offers comprehensive NRI services including NRE/NRO accounts, remittance services, NRI home loans, and investment products. FedRemit is one of the fastest remittance services, enabling quick fund transfers from abroad.

The bank has tie-ups with leading exchange houses worldwide to facilitate convenient money transfers. Federal Bank's NRI banking team provides personalized service to overseas customers.

MSME and Business Banking

Federal Bank supports the MSME sector with various loan products including working capital finance, term loans, and trade finance. The bank has specialized products for different industries and business segments.

Corporate Banking

Corporate banking services include project finance, working capital finance, trade finance, and treasury services. Federal Bank serves mid-sized and large corporations with customized financial solutions.

Agricultural Banking

Federal Bank supports agricultural development through various loan products including crop loans, farm equipment loans, and allied agriculture loans. The bank's rural branches serve farming communities effectively.

Awards and Recognition

Federal Bank has received numerous awards for its banking services, digital innovation, and NRI banking excellence. The bank has been recognized as one of the best private sector banks in India by various organizations.