Union FinMin dedicates ‘Fedbook Selfie’ to the nation

Using the App, anyone having an Aadhaar Card and PAN Card,  can now open a Savings Bank Account on a smart phone from anywhere at any time and get their Live Account Number instantly.

Union Finance Minister Arun Jaitley has launched FedBook Selfie, India’s first mobile app for bank account opening from Federal Bank, in the presence of the Bank’s MD & CEO Shyam Srinivasan at a function held at Kochi.

Federal Bank, which has introduced this  facility of Mobile based Bank Account Opening as an upgrade to FedBook, its e-Passbook App, which was launched two years ago. Using the App, anyone having an Aadhaar Card and PAN Card,  can now open a Savings Bank Account on a smart phone from anywhere at any time and get their Live Account Number instantly. Further, the account can also be funded with an initial remittance not exceeding of Rs. 10000.

To open an account, one has to just download FedBook in their Mobile and follow 3 easy steps- that of taking a selfie, scanning Aadhaar and PAN Card. The App verifies the Aadhaar real time and opens the account on the click of a button. Once the account is opened, the App turns itself into the digital passbook for the customer.

With its intuitive features, FedBook makes account opening convenient, simple and joyful. The App is currently available on Android and iOS phones.