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It’s Easy to Avail Easy Cash with the New FedMobile App

Easy cash is the overdraft facility offered by Federal Bank against your Fixed and Recurring deposits. You can now avail overdraft or short-term loan from your home. Just download the new FedMobile app and you can avail a maximum up to 90% of the balance in your deposits.

How to avail overdraft against fixed and recurring deposit?

Login to the FedMobile app, and tap on ‘Loans’ at the bottom bar of the Home Screen.
Tap on ‘Loan Against Deposit’ and choose ‘Overdraft against deposit (Easy Cash).
Read the details mentioned and tap on ‘Know more’ to get more information about the scheme.
Select from your deposit accounts and enter the loan amount.
Review the details and enter the MPIN to complete the process.