Bank Name
Bareilly is a metro city in the northern Indian state of Uttar Pradesh. It is located in Rohilkhand on the banks of the Ramganga. It is around 250 kilometers away from the state capital Lucknow as well as from the country capital Delhi. It is one of the few largest metropolia in the state which is being developed into a smart city. According to the Hindu epic Mahabharata, Bareilly was earlier known as Panchala and is believed to be the birthplace of Draupadi, who was also called Panchali. Bareilly is also known by the name Nath Nagri for the seven Shiva temples located in the region, namely - Dhopeshwar Nath, Madhi Nath, Tapeshwar Nath, Bankhandi Nath, Alakha Nath, Pashupati Nath and Trivati Nath. Apart from these Hindu temples, the city also has quite a few mosques. The economy of this city is fuelled by furniture manufacturing. Cultivation and trade of cotton, cereal and sugar also adds to the economic growth of Bareilly. The city is also known as Bans-Bareilly, named after two princes: Bansaldev and Baraldev, who had founded the city in 1537. Hindi and Urdu are the commonly spoken languages in the city, but some residents also speak in Punjabi and Kumaoni.
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Federal Bank Limited was established on 28th April 1931. In September 2006, the Ganesh Bank of Kurundwad was merged with Federal Bank, and the total number of the bank branches crossed 500. In July 2011, the Federal office launched the general insurance cover for stabilizing the relationship with the clients. FedDelight, banks unique gift card was launched in September 2011. In November 2011, the bank started its 24/7 customer care which was controlled by differently abled people. The Federal Bank has also signed an agreement with Samba Bank for inward remittance. The stocks of the bank get listed on the BSE Index in 2012. In August 2013, the bank launched its first electronic passbook named Fedbook in India, and it was awarded as the most active organization. The bank has adopted an exclusive video conferencing facility named Vconnect to enable customers to interact with relationship managers of the bank. In June 2015, the bank launched an innovative payment app for its customers named, Scan n Pay. Another initiative in digital banking was Fed-E-Credit, the first digital loan in August 2015. In January 2016, the bank introduced miss call based banking services for fund transfer.
1. Build your Credit Score
2. Reduce your Current Borrowing / EMI Costs