Federal Bank joined hands with NSDL e-Governance Infrastructure & Warmond Trustees and Executors for sharing the online platform, EzeeWill to offer innovative professional solution for online preparation of will and allied services to its customers. This will facilitate the bank's customers to plan for a legacy by creating a will online.
Federal bank has been at the forefront in offering value added services through online platform. This new initiative is aimed at improving digital banking experience for the Bank’s customers. This arrangement with EzeeWill is exclusive among banks headquartered in Kerala. Abraham Chacko (executive director, Federal Bank) and Gokul Das (MD & CEO, Warmond Trustees and Executors) exchanged the MOU on Dec.16, 2014 in a function held at Federal Towers, Marine Drive.
Through this association, NSDL e-Governance & Warmond will offer its online platform ''EzeeWill'' through Federal Bank website. Speaking about the partnership, Abraham Chacko, ED, Federal Bank said, ''We are delighted to be partnering with EzeeWill and offering innovative & a comprehensive solution for online will preparations to our customers. At Federal bank we believe in offering products and services that meet the stated and un-stated needs of our customers. This alliance further expands our bouquet of value added services and strengthens our ability to deliver benefits beyond banking for our dear clients.''
Shares of the bank declined Rs 8.6, or 6.04%, to trade at Rs 133.80. The total volume of shares traded was 208,899 at the BSE (3.30 p.m., Tuesday).