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New to FedNet Banking?
- If you are new to Internet Banking and need to know the basics, please click here.
How to enable transaction facility in FedNet
If you are a first time user of FedNet, initially you will be provided with the "Account View" Facility only.
In order to perform financial transactions online, you need to enable the transaction facility.
You can enable the transaction facility either through FedNet itself via online using "Soft Activation" method or as offline by sending the duly signed acknowledgement portion of the PIN mailer back.
Fund Transfer through FedNet - Transaction limits
For the safety and security of our customers, Federal Bank has set some limits on the Funds Transfer in FedNet.
By default, a customer can transfer funds
- up to Rs. 2,00,000/- between his own accounts with Federal Bank
- up to Rs. 30,000/- to a third party account with Federal Bank (adding as beneficiary)
- up to Rs. 30,000/- to any other Non-Federal Bank account.
- up to Rs. 30,000/- for online payments
Two factor authentication is compulsory for all transactions.
- If customer wants higher transaction limits, he may choose any of the schemes-
|
Particulars | Transfer limit Between own accounts |
To any other account of Federal Bank |
To account of any other bank or Bill Payments | Online Payments |
|---|---|---|---|---|
| Option for customers to increase transaction limits by online request (Silver Net) | Unlimited | Up to Rs.1.00L | Up to Rs.1.00L | Up to Rs.1.00L |
| Option for customers to increase transaction limits by online request (Gold Net) | Unlimited | Up to Rs.10.00L | Up to Rs.5.00L | Up to Rs.3.00L |
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How to avail higher transaction limits
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