PayLite

BSE-NSE-web Portlet

Federal Bank Payments - PayLite

 
PayLite is a comprehensive solution to process bulk transactions for our corporate clients. PayLite is a bulk file upload facility which can be used by corporate customers for processing bulk transactions.
 
Pay Lite is available for customers with the following constitutions
 
  • Sole Proprietorship
  • Partnership Firms
  • Public/ Private Limited companies
  • Societies
  • Trust
  • Associations
 

  • Features & Benefits
  • How to enroll
  • PayLite Web Link
  • PayLite Application Form

Features through PayLite

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

 

How to enroll to PayLite

  • All indiviuals , 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
 

Visit the below URL for PayLite

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

Click here to download the PayLite Application form.