Haridwar is an ancient and holy city in the Indian state of Uttarakhand. The River Ganga, after having descended from its source in the Gangotri Glacier for 253 kilometers, enters the Indo-Gangetic Plains for the first time at Haridwar. Hence the ancient name of the city was Gangadw?ra. Haridwar is one of the sapta Puri or seven holiest places where, according to Hindu mythology, salvation can be attained. According to Hindu religious texts, Amrit or elixir had been accidentally spilled over Haridwar during the mythological "Samudra Manthan." The spot where the elixir had been spilled is known as Brahma Kund which is a celebrated Hindu pilgrimage. Moreover, the Kumbh Mela is celebrated at Haridwar every 12 years and millions of people from across the world throng to the city. They perform the ritualistic dip in the holy Ganga and seek salvation. Tourism drives the economy of the state and the place is always full of devotees or tourists. The hospitality industry is equally thriving in this city. Haridwar is also an ancient seat of learning and it hosts many prestigious educational institutions. The city is well connected to all parts of the country. The most famous places that people visit in Haridwar are Har Ki Pauri, Chandi Devi Temple, Kankhal, Pawan Dham, Bharat Mata Mandir, etc. There are quite a few places for shopping in Haridwar where people usually purchase items of devotion and inexpensive ornaments.
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.