Apply for Federal bank Personal Loan at Lower Interest rate
Federal bank is one of the major banks in India established in Aluva, Kerala. Federal bank has a network of 1251 branches and 1526 ATMs across the India. It is one of the leading private sector banks in India offering personal banking, corporate, NRI, SME banking, online banking services to its customers.
In the initial period it was known as Travancore Federal Bank and its Founder, Mr. K P Hormis made it became fully-developed bank gradually. Now it has become the one of the strongest banks in India.
Maximum loan amount up to 10 lakhs
Maximum repayment tenures: 48 months
Attractive Interest Rate
Federal bank offers the personal loan to salaried people having minimum net take home of Rs. 50,000 after all deductions.
Eligibility for applying Personal loan in Federal bank:
- Employees who drawing monthly salary of Rs.50, 000 and above
- Maximum age of 55 years old
- Number of years in current job- 3 years
- Individuals employed in selected cities
Personal loan interest rate
- Interest rate: 15.28% to 18.48%
- Loan tenure: Four years
- Federal bank offers Shubh Yatra loan to meet your vacation needs.
- With this federal bank travel loan you can take your family for a vacation.
Eligibility for Shubh Yatra Loan:
- Resident individual with adequate income
- In case you are salaried person, you must have basic pay of Rs.2000
Benefits and Features of Shubh Yatra Loan:
- Quicker processing of loan
- Avail loan amount up to 3 lakhs
- No hidden charges or Heavy Penalties
- Loan amount include Cost of train, Air fare, hotel stay and other conveyance cost and expenses
- Federal bank launched shubh yatra loan to cover the expenses in connection with travel by individuals and family members abroad.
- Enjoy your dream vacations, relax and not to worry about financial support as shubh yatra loan is there to fulfill your vacation needs.
Documents required for federal bank personal loan:
Proof of identity:
- Passport, Voter’s ID, Driving license, PAN card
- Recent passport size photograph
- Ration card, Electricity bill, Sales tax certificate, trade license and Lease agreement.
If you would like to know more about Federal bank personal loan, get in touch with us.