Kochi, May 07: Federal Bank has announced the integration of the Employees’ Provident Fund Organisation (EPFO) payment facility into its digital platforms, enabling customers to make EPFO payments securely through the Bank’s Net Banking system. The new feature aims to provide a seamless, efficient, and hassle-free digital experience for users while supporting statutory compliance requirements.
The facility was officially launched at a ceremony held in New Delhi, attended by senior officials from EPFO, including Brij Mohan Singh, Regional P.F. Commissioner–I (Banking), Ajay Krishna Paliwal, Regional P.F. Commissioner–II (Banking), and Kapil Anand, EPFO official.
Representing Federal Bank, Anoop T, Senior Vice President & Country Head, Government and Institutional Business Department, along with other senior officials from the Bank, participated in the launch event.
Speaking on the development, Harsh Dugar, Executive Director of Federal Bank, said,
“True to our motto, ‘Digital at the Fore, Human at the Core,’ Federal Bank remains steadfast in its commitment to customers by introducing convenient, need-of-the-hour facilities. These initiatives enhance customer experience while enabling seamless engagement with government establishments and supporting the government’s collection mechanism.”
The service is available to all Federal Bank Net Banking customers and is designed to strengthen digital convenience while ensuring quick and secure EPFO payments for individuals and business organisations. By enabling online EPF remittances, the Bank aims to reduce the need for physical visits to offices, saving time, cost, and effort.
With this integration, Federal Bank continues to expand its digital payments ecosystem and reinforces its focus on delivering secure, reliable, and customer-centric banking solutions.
