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Federal Bank: Net Banking Registration, Login, Reset Password, Download Bank Statement, Tax Payment & e-verify ITR

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Mariya

Bank Documents for ITR
e-Verify ITR
Federal Bank
Income Tax
Net Banking
Reset Password
Last updated on April 14th, 2021

Federal Bank is one of the most prominent private sector banks with a presence across the country. The Government of India has built an infrastructure to collect taxes online via net banking from selected banks such as Federal Bank.

This article will guide you on the following:

How to Register for Federal Bank Net Banking?

Registration for Federal Bank Net Banking can be done offline as well as through online procedures. Correspondingly, follow the below-mentioned steps to register online for the Retail Net Banking facility of Federal Bank:

How to Login to Federal Bank Net Banking?

Once you have effectively registered and activated Net Banking, you can log in to your Federal Bank account using the following steps:

  1. Visit Federal Bank Net Banking Portal
  2. On this page, select ‘Personal Banking
  3. Read the Personal Banking security checks and click on ‘Continue to Login
  4. Now, enter your User ID, Password and the Verification Captcha Code to Login

How to Reset Federal Bank Net Banking login using Forgot Password?

In case you have forgotten the password to your Net Banking account, you can follow the listed steps to reset it:

  1. Visit the Federal Bank Net Banking Portal

    Navigate to the login page: Federal Bank Portal

  2. Click on Forgot Password

  3. Enter ATM Card details

    Enter your User ID and ATM Card details and click on ‘Continue’. In case you don’t have a Federal Bank ATM Card, you can reset your password through OTP verification on the registered mobile number and email ID by selecting ‘Click Here’

  4. Do the OTP Authentication

    Enter the One Time Password (OTP) received on the registered mobile number

  5. Create New Password

    Create and confirm a new password to login into your Federal Bank Net Banking

How to Download Federal Bank Statement?

Income Tax Calculator
Calculate income tax liability for FY 2020-21. Compare tax liability as per New vs Old Tax Regime.
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Income Tax Calculator
Calculate income tax liability for FY 2020-21. Compare tax liability as per New vs Old Tax Regime.
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How to make Direct Tax Payment through Net Banking Online?

The Income Tax department has built an infrastructure to collect taxes online via net banking/ Debit cards from selected banks. You can pay your direct taxes online using your Bank Account.

Tin NSDL
TDS Calculator
TDS (Tax Deducted at Source) is a part of Income Tax. TDS should be dedcuted by a person for specific payments made.
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TDS Calculator
TDS (Tax Deducted at Source) is a part of Income Tax. TDS should be dedcuted by a person for specific payments made.
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Click on proceed

Enter the captcha code and click on Proceed.

select bank
Submit Challan to Bank
Track Your ITR Status
Check your Income Tax Return Status using the PAN and Acknowledgment number - which is allocated by the Income Tax Department after filing your ITR.
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Track Your ITR Status
Check your Income Tax Return Status using the PAN and Acknowledgment number - which is allocated by the Income Tax Department after filing your ITR.
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How to e-verify ITR using Net Banking?

The process of filing your Income Tax Return is not complete until you e verify your ITR. E-Verification should happen within 120 days of e-filing your ITR.

Here’s the step-by-step process to e-verify ITR using net banking:

ITD_Dashboard
View Pending ITR to e-Verify
Option to e-Verify ITR
Option to e-Verify ITR via NetBanking
e-Verify ITR - Click on Continue

Your ITR is successfully verified and you can download an attachment.

Return successful_e-Verified_ITR-V
Check Income Tax Refund Status
Track Income Tax Refund online using PAN. The Income Tax Department issues the refund once the ITR is processed. Check your ITR refund status.
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Check Income Tax Refund Status
Track Income Tax Refund online using PAN. The Income Tax Department issues the refund once the ITR is processed. Check your ITR refund status.
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File Your Tax Return

On Time , Online on Quicko.com

Open Your Account Today

File Your Tax Return

On Time , Online on Quicko.com

Open Your Account Today

FAQs

What are the documents required from my Federal Bank account to file Income Tax Return?

To file your ITR you will need your Bank Account Statement from your Bank’s Net banking Account for the financial year.

What are the ways to make e-Payment of taxes through Federal Bank?

The facility provides a platform for taxpayers to pay Income Tax payments online. You can use either Net banking login or through your Federal Bank debit card.

For which duration should I download Federal Bank Statement for ITR filing?

You will need your Federal Bank statement for the financial year i.e. from 1st April and ends on 31st March.

Got Questions? Ask Away!

  1. Hey @TeamQuicko

    Thanks for the blog! Just one quick question - Why do we have to report a quarterly breakdown of Dividend Income under IFOS?

    Thank you!

  2. I had received dividend recently but I had noticed that TDS had been deducted. any idea as to why has it happened and is there a way I can claim this TDS?

  3. Hey @HarshitShah

    After the introduction of Budget 2020, dividend income is now taxable in the hands of the shareholder; and is also subject to TDS at 10% in excess of INR 5000 u/s 194 & 194K. Foreign Dividend is taxable at slab rates. TDS is not applicable to such dividends. The taxpayer should report such income under the head IFOS in the ITR filed on the Income Tax Website.

    Hope this helps!

  4. Hi @ameyj

    The amount of TDS deducted shall reflect in your Form 26AS only and it will also reflect the name of the deductor.
    Using the name of the deductor you can find out on which share you have received the dividend and you can also cross-check the same in your bank statement.

    Yes, you are right, TDS is to be deducted when the dividend paid exceeds 5000 INR in a financial year. However, the 5,000 INR limit pertains to all the dividends an individual gets in a year, or the total dividend per shareholder that a company pays out in a year, is left to interpretation, and hence registrars and share transfer agents (RTA) are not taking any chances and are deducting TDS even on small amounts.

    Hope this helps :slightly_smiling_face:

  5. Hi @TeamQuicko

    Consider that I have 10 shares each of 10 different Indian companies. Each of the 10 companies are declaring a dividend of INR 100 before the FY ends. Now I will be recieving 1000 as dividend from each company, thereby a total of 10,000.

    The 5,000 dividend limit, is it applicable to each company / total dividend recieved by me in a year. If it is applicable to each company, then I would not attract TDS of 10% for dividend.

    Also pl clarify, how would the company B know that I have got shares of Company A,C,D,E so on…

  6. Hey @Abdul_Kaleem_shah

    As per sec.194 of income tax act, TDS liability will arise when the amount of such dividend or the aggregate of the amounts of such dividend distributed or paid or likely to be distributed or paid during the financial year by the company to the shareholder, exceeds 5000 Rs.

    Here, the term company not includes aggregate companies and hence limit of 5000 Rs. should be applicable to each company.

    Here, you can read below article covering TDS on dividend income:

    Since, it is purely based on interpretation and ambiguous as opinion vary from experts.

  7. Hey @TeamQuicko

    I tried to file ITR-3 via Quicko’s integration with Zerodha. While filing the ITR, I got an option to switch to the New Tax regime to save additional taxes.
    Since I had some turnover from intraday and FnO (speculative/ business), am I eligible to switch to the new regime through Quicko while filing?
    How do I fill the Form 10-IE? If I haven’t filled the form, would the portal preent me from filing returns altogether?
    Also, once I get rebate (if opted for new regime) / pay dues (if opted for old regime), do I need to go through the hassles of replicating it on the new ITR portal (i.e manually answering the schedule sections)?

    Kind regards

  8. Hi @ChinmayB,

    Yes, you can opt for the new tax regime. However, keep in mind in case a taxpayer has business income and they opt for the new tax regime, they can switch to the old tax regime only once.

    If you opt for the new tax regime, you need to file Form 10-IE before filing the ITR

    Here’s how you can file the Form 10-IE

    When filing your ITR through Quicko, you do not need to enter details on the new ITR portal, since Quicko is a ERI (e-return intermediary) registered with the Income Tax Department.

    Note: ITR filing will be enabled on Quicko in the coming week. So stay tuned for more exciting features!

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