Investment
in India - Banking System

Banking System - Banks In India

Public
Sector Banks in India | Private Sector Banks in India |
Cooperative Banks in India |
Regional Rural Banks in India
| Foreign Banks in India |
Upcoming Foreign Banks in India
With 75 years of service in India,
Federal Bank is one of the leading private sector banks in the country.
Through the ages it has built up a public confidence and trust of being
an agile, IT savvy and customer friendly Bank.
The Bank has more than 500 offices in India, covering all the important
cities and in Kerala with a dominant presence, it has more than 300
branches.
The below list gives a glimpse of Bisuness Figures of the Bank as on
31.03.2005 (Rs. Crores):
| Deposits |
15193 |
| Advances |
8823 |
| Investments |
5799 |
The Bank have a net worth of more than Rs.
715 crore and a business turnover exceeding Rs. 24,000 crore in the same
financial year with a net profit of more than 90 crores.
As on March 05, the Bank's share (face value Rs 10/-) has a Book Value
of Rs 110/- and an Earnings Per Share (EPS) of Rs 13.73.
Financial Super Market of Federal Bank
Apart from the entire slew of Banking products, the Bank has also
entered into a financial supermarket to give customers a range of
products and services. They are as listed below:
- Depository Services
- Credit Cards
- Life Insurance Products in
association with ICICI Prudential
- General Insurance Products in
association with United India Insurance
- Export Credit Insurance Products in
association with ECGC
- Express Remittance Facility from
Abroad - FEDFAST
- Cash -On- Line Express Cash
Remittance
- Lock Box Service for NRI's in the
US
- Cash Management Services
- Merchant Banking Services
- E shopping Payment gateway
- BSNL Bill Payment
- On-line LIC Insurance Payment
- Utility Bill Payment through
Telebanking Channel - Fed e-Pay
- Easy Pay- On-line fee payment
system
Federal Bank NRI Service
Highlights
- NRE/FCNR/NRO Accounts can be opened
and maintained with all our branches in India
- The Bank have a world wide network
of correspondents and maintains foreign currency accounts in 14
currencies. Non resident Indian can utilise services of these banks
for remittances to an account maintained with any of the branches of
Federal Bank in India.
- General permission has been granted
to all its branches to purchase foreign currency instruments drawn
outside India and Indian rupee drafts issued from outside India and
payable in India. They are also empowered to credit such rupee
drafts to NRE accounts at par.
- Various banks and exchange houses
having branches/ offices in almost all major centres in Middle East
are maintaining rupee drawing arrangement with the Bank.
- Around 150 branches are authorised
to pay at par against drafts received under this arrangements
enabling faster remittance to India.
- M/s.AI Rajhi Banking and Investment
Corporation, Riyadh, Saudi Arabia is having a TELE REMITTANCE
ARRANGEMENT the Bank. Payment instruction received through
e-Mail/Telex is processed immediately and proceeds couriered to the
customer's banker on the same day itself from Ernakulam.
- They have Special Scheme of Housing
Finance upto Rs. 25 lakhs for NRIs. All our branches are authorised
to grant and service such advances depending on size and merit of
the case.
- Returned NRIs can open RFC account
with its selected major branches.
Federal Bank Customer Care No.
1600 44 11 99 (Toll Free only in Kerala, India)
Other Helpline Numbers are as under mentioned:
+91 484 2632622
+91 98954 77888
Customer can even send e-mail to the following ID:
helpdesk@federalbank.co.in
NRI Cell Customer Care
Chairman's Secretariat,
Federal Bank,
Federal Towers,
Aluva,
Kerala - 683 101
India
Tel. : +91 484 2632624
Federal Bank Office Address
The Federal Bank Limited,
Federal Towers,
Aluva - 683 101,
Kerala, India.
Tel. : +91-484-2623620 to 29,
Fax :+91-484-2622672
e-Mail : fbl@federalbank.co.in
Website of Federal Bank
www.federal-bank.com
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