saharsa is located in the Saharsa district of Bihar, near the banks of the Kosi River. The city functions as the administrative headquarter of the Saharsa district in the Mithila region of the state. It is also the capital and divisional headquarter of the Kosi Division that includes three districts. The name Saharsa is believed to have a reference to the Sahars Assembly Constituency, that consists of this city and its neighboring areas. The name originates from saharsha which means laden with joy in Sanskrit. Many residents of Saharsa speak in Maithili. Hindi and Urdu are also widely understood and spoken. The Bagmati and Kosi rivers, along with their tributaries ensure that the area is rich in the alluvial soil which supports cultivation. The main food crop grown here is paddy and the main cash crop is makhana. Bamboo and Teak trees are also largely grown, apart from mango, litchi, mustard, corn, wheat and sugarcane. There are many reputed educational institutes in Saharsa and it has a good network of roads and railway that connect the city to all the nearby areas.
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.