Fed Rise

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Rise with Fed Rise

Rise above your problems, rise above with the new FedMobile. Avail overdraft facility against your Recurring Deposit with Federal Bank online within seconds. And the best part is you can avail maximum up to 90% of the balance in your deposit account and use the loan funds through cheque, internet/mobile banking and ATM.

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How to avail rising overdraft against recurring deposit?

  1. Login to the FedMobile app, and tap on ‘Loans’ at the bottom bar of the Home Screen.
  2. Tap on ‘Loan Against Deposit’ and choose ‘Overdraft against recurring deposit (Fed Rise).
  3. Read the details mentioned and tap on ‘Know more’ to get more information about the scheme.
  4. Select from your deposit accounts and enter the amount.
  5. Review the details, and enter the MPIN to complete the process.
Important Note:

You can view all the outstanding loans under ‘My Loans’ section of Loans.

Not able to view the feature in FedMobile ?

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