Federal Bank launches new version of FedBook

Friday, Sep 19, 2014,21:19 IST By metrovaartha A A A

Federal Bank, the leading private bank in Kerala, has launched a new version of FedBook, the trend setting electronic passbook that shot into popularity within no time since its launch on August 15, 2013.
FedBook now comes loaded with lot more exciting features to the delight of customers, a release said here today.
At the launch of the latest version of FedBook, Federal Bank Technology and Digital Banking Head and Addl GM Sunny K P commented that ‘there are more features waiting in the pipeline which will be released duly. Predictably FedBook is going to widen the horizon of customer delight setting benchmarks much higher.’
Customers could be able to keep monitoring their loan accounts, keep track of their cheques and view their deposit accounts with ease now, I said adding that the new version of FedBook provide the account holders with the current balance, interest rate, loan period, installment amount, due date of remittance, amount due etc of their various loan accounts on their cell phones.
In the case of deposit accounts – Recurring and Fixed Deposits, Deposits with re-investment plan (Cash Certificates) — the opening balance, latest balance, interest rate, date of opening, maturity date, period of deposit etc can be viewed. The application can also provide the full list of deposits of the customer sorted out in the order of maturity.
The new version of FedBook also enables the customers to keep track of their cheques, from the moment they are presented in the clearing houses ie. before they were actually accounted and it would indeed be a boon to customers in managing their funds.
To enjoy these features, the new version has to be installed from Google play store. The new version for iOS, Windows and Blackberry will be released shortly, the release said.