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MoneyWorks4Me

Federal Bank introduces bill payments facility through its mobile app

27 May 2016 Evaluate

Federal Bank has introduced bill payments facility through its mobile app -- FedMobile. The bank has added 300 large merchants spread across the country, thereby giving absolute comfort to the customers to pay their utility bills. The features include facility for payment of electricity bills, telecom, gas, insurance, mutual funds and donations.

In addition to this, customers can now plan and schedule their periodical payments. The improved version of FedMobile brings forth ‘a push notification feature’ wherein the customers will be receiving information from the bank on new products and offers, instantaneously.

Peers
Company Name CMP
HDFC Bank 685.00
ICICI Bank 1385.70
Axis Bank 1226.10
Kotak Mahindra Bank 457.00
Indusind Bank 868.40
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