Kota is a south-eastern city in the Indian state of Rajasthan. It lies on the banks of River Chambal. It is the 3rd most populous city in Rajasthan and also the administrative headquarters of Kota district divided into 60 wards. This city is also known as the Education City of India as it is a major coaching hub for competitive examination preparations offered by plentiful engineering and medical coaching institutes located in the city. The city also hosts mainstream educational institutions and universities. The Rajasthan Technical University, University of Kota, Vardhaman Mahaveer Open University, Indian Institute of Information Technology Kota and University Engineering College further justify its name as the Education City of India. Kota is often referred to as the Industrial city of Rajasthan. Its main economic source is manufacturing industries like chemical, cotton and oilseed milling, textile weaving, engineering, distilling and dairy. Kota is known for its metal handicrafts. Crops like cotton, millet, wheat, coriander and oilseeds are cultivated in and around the city. Kota also has some amazing places to visit. The Chambal Garden, Kota Zoological Park, Seven Wonders Park, Chatra Vilas Garden, Kishore Sagar Lake, Agamgarh Gurudwara Sahib, Jag Mandir, Godavari Dham Temple, Rangbari Balaji Temple, Garadia Mahadev Temple, etc. are frequented by the natives as well as tourists.
The Federal Bank Limited based in Kochi, Kerala is a major private sector commercial bank. The Federal Bank had 1252 branches and 1680 ATMs across the country, as on 31 March 2016. The Pattamukkil Varattisseril Brothers gathered together to discuss the necessary steps to be taken to form a bank, on 7th April 1931 at Pattamukkil Varattisseril Tharavad. Among the founders of the bank are Pattamukkil Varattisseril Oommen Geevarghese, and his brothers Oommen Kurian, Oommen George Oommen Chacko. The Oommen Chacko was the managing director, and the Oommen Geevarghese was the founder chairman. The limitation of interest by the Travancore Debt Relief Act, 1941 and The Travancore Agriculturists Relief Act, 1939, greatly influenced the smooth functioning of the bank. On 2 December 1949, the bank was named Federal Bank Limited, after the completion of formalities of Banking Regulation Act, 1949. The Federal Bank introduced FedBook, the first electronic passbook in August 2013. The FedBook is a mobile application using which customers can check their passbook details. Federal Bank and SBI Card launched Federal Bank-SBI two co-branded Visa credit cards, namely Platinum and Gold N More in May 2015. In July 2015, an automated chat facility was introduced by the Federal Bank. Federal Bank launched Indias first Mobile App for Bank Account Opening in August 2015, creating history. As an upgrade to FedBook, e-Passbook App was launched by the bank as a unique facility of mobile-based bank opening. Anyone having an Aadhaar Card and PAN Card, can open a Savings Bank Account and get their Account Number instantly using a mobile from anywhere through the new avatar of Fedbook. In August 2016, Lotza, the Unified Payment Interface app was launched by the Federal Bank.