A One-stop Fee Management Solution for E - FEE A One-stop Fee Management Solution for from FEDERAL BANK

Fee Management – A Cumbersome Process Fee Collection Engaging people Preparing and managing MIS Reconciliation Data entry Managing cash/ cheque

About EFEE An innovative Counter Collection solution from Federal Bank that help institutions to collect their fees Fee Remittance facility at any branch of Federal Bank Supports collection of Late Fees in either of the following modes flat amount as late fees Amount that is incremental on a monthly/daily basis. (Eg: 10 per month/day) Supports crediting of fees to different accounts based on Fee Type( Eg: Bus Fee, Lab Fee, Uniform Fee, Tution Fee, etc.) Remittance by Cash or Cheque Instant credit to Institution’s Account with the Bank MIS provided to the institution on a daily basis in uploadable format thus avoiding any data entry at institution Easy reconciliation Defaulters’ Report provided on a monthly/termly basis Exclusive Pay in slips

Lateral features of EFEE Late Fee payments can be configured, fixed as well as incremental. Fees collected will be automatically bifurcated as stipulated by the School, such as Bus Fee, Tuition Fee, Lab Fee, etc. This helps in maintaining clear accounting. School need not share the details of Fee with each parent, time saving. Availability of daily MIS report for the School. Instant Reconciliation. Avoid Cash Handling & Fake note issue. Expand your presence widely as parents from any location can pay the Fee at their ease. Institution will get data in electronic format, that can be uploaded into the existing system, thereby avoiding manual data entry and clerical errors.

Benefits to Parents Parents need not carry the Fee details Ease of paying the Fee through wide range of modes Ease of paying the Fee sitting at their home Avoid setting up reminders for payment of Fees, with E-Pay Avoid standing in long queues on the last day for remitting Fees Avoid remitting individual Fees such as Lab, Uniform, Tuition Fees, etc.

EPAY An innovative fully automated solution from Federal Bank that help institutions to collect their fees Parents to have a Federal Bank Savings Account Automatic Collection of Fees 15 days (configurable) prior to due dates Re-attempts fee collection throughout the academic year in case of insufficient balance Supports collection of Late Fees in either of the following modes flat amount as late fees Amount that is incremental on a monthly/daily basis. (Eg: 10 per month/day) Supports crediting of different fee types to the school account Instant credit to Institution’s Account with the Bank MIS provided to the institution on a daily basis in uploadable format thus avoiding any data entry at institution Easy reconciliation Defaulters’ Report provided on a monthly/termly basis

What the Institution needs to do Institution to maintain its account with Federal Bank Provide the Bank with the details of Students and Fees in a prescribed template Student details Admission Number Student Name Academic Year Standard/Semester Division/Course Guardian’s Name & Address, Mobile number and email Fee Details Term/Month Fee Type (Tuition Fee, Bus Fee, Other Fee) Fee Amount Due Date Each student is identified by a student ID which should be unique. The data should contain the unique student ID which can be the admission number/registration number

Fee Payment Cash deposit at any branch of Federal Bank Debit/ Credit Cards Cheque/ DD FedNet Fed Mobile Internet Banking of other Banks E-Pay

Presentation on Online Payment System from Federal Bank The link to our payment module will be provided on your page. Each user will have to register one-time on our Easy Payments page. Through Easy Payments, end users will be able to effect payments through debit cards/ credit cards & FedNet. Once your school is approved, the name of the school will be displayed in the portal.

The drop down box would contain your school’s name

Charges will apply for payments done through Debit/ Credit Cards & other Banks’ net banking

Looking forward to a fruitful association Thank You!