FUND TRANSFER

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Fund Transfer

Fund Transfer

Federal Bank offers you online Funds Transfer to your own accounts or to other accounts in the bank or to accounts with other Banks.

  • Features & Benefits
  • Eligibility
  • Transaction Limits
  • Access your account anytime, anywhere.
  • Transfer Funds to your own or other Federal Bank Account or Non-Federal Bank Accounts.
  • Safe, Secure and Fast method of transferring funds.
  • Nomination Facility available.
  • Higher Transaction limits can be assigned on submitting an application for the same to the branch.

Customers of Federal Banks are eligible for FedNet Facility through which Funds Transfer can be performed.

Activation

  • Fund Transfer facility can be activated either through FedNet itself via Soft activation or by sending the signed acknowledgement portion of the PIN mailer

Default Category:

  • Transaction Limit Between Own Accounts- Rs.2,00,000
  • Transaction Limits for another Federal Bank Account or 3rd Party Account- Rs.30,000

FedSilverNet:

  • Transaction Limit Between Own Accounts- Rs.2,00,000
  • Transaction Limits for another Federal Bank Account or 3rd Party Account- Rs.50,000

FedGoldNet:

  • Transaction Limit Between Own Accounts: Unlimited
  • Transaction Limits for another Federal Bank Account or 3rd Party Account- Rs.1,00,000

FedPlatinumNet

  • Transaction Limit Between Own Accounts: Unlimited
  • Transaction Limits for another Federal Bank Account : Rs. 5,00,000/- or 3rd Party Account- Rs.2,00,000