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Federal Bank on Friday said it has launched a new version of its electronic passbook called ‘FedBook’.
Customers can now monitor their loan accounts, keep track of their cheques and view their deposit accounts with ease, the old generation private sector bank said in a statement.
The new version of FedBook, among others, provides the account holders with the current balance, interest rate, loan period, installment amount, due date of remittance, amount due of their various loan accounts on their cell phones.
In the case of deposit accounts – Recurring and Fixed Deposits, Deposits with re-investment plan (Cash Certificates) -- the opening balance, latest balance, interest rate, date of opening, maturity date, and period of deposit can be viewed, the statement said.
The application can also provide the full list of deposits of the customer sorted in the order of maturity.
Source : The Hindu
Customers can now monitor their loan accounts, keep track of their cheques and view their deposit accounts with ease, the old generation private sector bank said in a statement.
The new version of FedBook, among others, provides the account holders with the current balance, interest rate, loan period, installment amount, due date of remittance, amount due of their various loan accounts on their cell phones.
In the case of deposit accounts – Recurring and Fixed Deposits, Deposits with re-investment plan (Cash Certificates) -- the opening balance, latest balance, interest rate, date of opening, maturity date, and period of deposit can be viewed, the statement said.
The application can also provide the full list of deposits of the customer sorted in the order of maturity.
Source : The Hindu
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