Federal Bank launched the Windows OS compatible version of its new mobile banking application, ;FedMobile;. With this, the App is now available in all the three major platforms ndash; Android, iOS and Windows. The Windows version is available for free download on Windows Phone Store for mobile phones with Windows 8 operating system and above.
The Bank had launched the revamped version of FedMobile in June 2015 with additional features and enhanced convenience to customers. Using FedMobile, the Bank customers can do a whole lot of Banking transactions that include transfer of funds from their account to any other account maintained with Federal Bank or with any other Bank, payment of school fee, mobile recharge, request for cheque book, block debit cards, request for OTP for IMPS payments, etc. FedMobile is available in Hindi and Malayalam languages as well, thus providing local flavour to the App.
Speaking on the occasion, K A Babu, Head-Digital Banking, said Thanks to its easy to use User Interface, the revamped FedMobile has been well accepted by our clients. We have seen a seven times increase in the mobile banking usage within 6 months of the launch of the new version. With the addition of windows version, we are sure, the reach and usage will further increase. Within a fortnight, we will be enabling bill payment facility through FedMobile. We expect to close the financial year with 3 Lac customers on our mobile banking platform.
About Federal Bank
Federal Bank is a leading Private Sector Bank with a branch network of 1,252 branches and 1,548 ATMs spread across the country. The Bank total business mix (deposits + advances) stands at Rs 1.22 Lakh Crore as at March 31, 2015 and it has earned a net profit of Rs 1005.75 Crore. Bank Capital to Risk weighted Ratio (CRAR) stood at 15.46% at the end of March 31, 2015. Federal Bank has its Representative Office at Abu Dhabi that serves as a nerve centre for NRI customers in the UAE. Federal Bank is transforming itself, keeping its principles intact, into an organization that offers services beyond par. It has a well defined vision for the future as a guidepost to its progress.