FedCorp is our Mobile Banking application designed to cater to the transactional needs of our SME and Corporate customers. With this application, business entities can manage banking transactions conveniently without needing to visit the Bank. This secure and user-friendly application allows access to accounts, balance enquiries, funds transfers (Intra Bank, IMPS ,NEFT & RTGS), UPI Payments, Scan & Pay payments, beneficiary management and much more. Available 24X7 service, FedCorp can be accessed anytime, anywhere, offering a smooth experience for your business. The app offers exciting features such as paperless onboarding process, enabling streamlined business transactions with updated transaction limits.
This service is available for customer accounts under the following types of entities:
- Sole Proprietorship Firms
- Partnership Firms
- Public/ Private Limited Companies
- Societies
- Trust
- Associations
- HUF
Easy Registration process
Registration for Corporate FedMobile can be done both offline and online. Sole Proprietorships with an active Debit Card can instantly activate their FedCorp application. Sole Proprietorships not having debit card and other constitutions like Public/Private Companies, Associations, Societies etc. must visit the branch for document submission.
Multi-user approval
Enterprises can assign as many users as necessary to manage the accounts. Rules for account operations, like Maker/Checker or the number of authorizers, can be customized based on the enterprise’s requirements.
Manage Beneficiaries
Payee management requires approval from all authorized users of the company. Once a payee is added, subsequent fund transfers can be made with a single tap.
Quick Pay & Fund Transfer
Payments can be made even without adding the payee using the Quick Pay option. Fund transfers can be done via IMPS, NEFT, RTGS and intra- bank transfers.
UPI payments
UPI payments make transactions faster and more convenient. Users can quickly send money using an UPI ID or by scanning a QR code to make payment to beneficiaries.
Scheduled Payments
Users can schedule payments for future dates through this functionality of the application.
Download/Email Account statements
Users can download account statements of the enterprise and email them to the registered email address via the application.