The Federal Bank Ltd launched FedBook, a mobile phone based electronic passbook for its customers in August 2013 and a newer version on Jan 23, 2015. The mobile app enables the customer get his/her account passbook on the smartphone. It also offers the customer advantages like keeping track of various types of accounts including loans and deposits, account statements anywhere anytime, cheque clearance status, real time transaction updates etc without making phone calls or waiting for SMS alerts. It also supports offline mode.