Features & Benefits

PayLite is a comprehensive solution to process bulk transactions for our corporate clients.
 
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Process up to 1000 entries  per file upload
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Transactions initiated as NEFT/ intra Bank funds transfer using IMPS, NEFT, RTGS.
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Maker Checker facility available based on the organization structure
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Multiple debit/credit transactions possible through single file upload
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Schedule payment for a future date
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The checker gets the flexibility to approve the entire file or approve selected entries
 
 

How to enroll

Pay Lite is available for customers with the following constitutions
 
  • Sole Proprietorship
  • Partnership Firms
  • Public/ Private Limited companies
  • Societies
  • Trust
  • Associations

How to enroll to PayLite

  • All individuals , corporates are eligible to apply for paylite services. 
  • Customer Submits Application form and resolution to the branch.
  • After an internal process, an automated email will be initiated to all users. to create passwords, secured using OTP
  • Customer can login to PayLite and initiate transactions using SMS 2FA
 

PayLite Web Link

Visit the below URL for PayLite

https://payments.federalbank.co.in/payments/

PayLite Application Form

Click here to download the PayLite Application form.