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

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

3. 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

4. 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.

5. 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.

6. 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

7. 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
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

8. 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

9. 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.

11. The drop down box would contain your school’s name

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

13. Looking forward to a fruitful association Thank You!