How to take Federal Bank Personal Loan?

Federal Bank Personal Loan Federal Bank Personal Loan In this article you Federal Bank Personal Loan in Hindi 2022 will receive information about If you want to take advantage of Federal Bank personal loan then this article is for you. personal loan a unsecured loan comes under the category of other banks ALL Personal Loan Bank List Like Federal Bank also to the people personal loan provides | You can apply for this loan both online and offline.

Federal Bank Personal Loan It is given by the bank on the basis of the credit history of the customer. If your credit history is very bad then the bank will not approve your loan. In this article, we will know in detail what is Federal Bank Personal Loan, what is the interest rate, eligibility, documents etc. of this loan and how can we apply for this personal loan etc., so you can end this article. read till

Also read: SBI Personal Loan

Federal Bank Personal Loan in Hindi

You can take a personal loan for any of your personal expenses like marriage expenses, medical emergency, higher education, children’s fees, travel etc. Federal Bank Personal Loan The interest rate starts from 10.49% p.a. Personal loan is given by the bank keeping in mind the credit history of the applicant. Instant Personal Loan to take your CIBIL Score should be high If you have a good credit history, then you can take advantage of the attractive interest rates of the bank. You can take this personal loan from any branch of Federal Bank.

Also read: HDFC Personal Loan

Salaried persons whose monthly income is up to Rs.25,000 Federal Bank Personal Loan can easily apply for The maximum loan amount you can get under Federal Bank Personal Loan is Rs 25 lakh. The maximum tenure of the loan is 48 months. You can apply for Federal Bank loan online or offline by visiting your nearest bank branch.

There is also a question in the mind of many people whether Federal Bank is government or private, then let us tell you that this bank is a major private sector Indian commercial bank.

Also read: Manappuram Personal loan

HIGHLIGHTS:

loan name	Federal Bank Personal Loan 2022
name of lender	Federal Bank
loan amount	Maximum up to Rs.25 lakh
Rate of interest	Starting from 10.49% p.a.
loan tenure	48 months
processing charge	Upto 3%
official website	https://www.federalbank.co.in/

Also read: Best Instant Personal Loan App

Federal Bank Personal Loan Interest Rate 2022

Federal Bank personal loan interest rate starts from 10.49% p.a. This interest rate can change over time, so you can also get information about the current interest rate at your nearest bank branch or by visiting the bank’s official website. Before taking a home loan, we should Home Loan Interest Rate 2022 Similarly, before taking a personal loan, we need to know about Personal Loan Interest Rate 2022 It is necessary to have information about

If you apply for that loan without knowing the exact interest rate of the loan, then you may have to face difficulties at the time of repayment of the loan.

Also read: Pre Approved Personal Loan

Benefits and Features of Federal Bank Personal Loan

• You can take advantage of Federal Bank Personal Loan to meet any of your personal expenses.
• You can get a maximum loan of up to Rs 25 lakh.
• The processing fee for the loan is up to 3% of the loan amount.
• Federal Bank Personal Loan interest rate starts from 10.49% per annum.
• Attractive interest rate |
• The maximum tenure of the loan is 48 months.
• fast processing |
• You can avail this personal loan with minimal paperwork.
• If you fulfill all the conditions of this loan and your loan is approved then you can take advantage of the bank’s instant loan.

Also read: Money View Personal Loan

Federal Bank Personal Loan Eligibility

Only those people can apply for this loan who are eligible for it. To apply for Federal Bank personal loan, you must have the following eligibility:

• The minimum monthly income of a salaried person should be Rs 25,000 or more.
• The maximum age of the applicant should be 60 years at the end of the loan tenure.
• Applicant should be doing current job for at least 3 years.

Also read: HDB Personal Loan

Federal Bank Personal Loan Documents Required

Before applying for a personal loan, you should keep all your documents together so that whenever the bank asks you for documents, you can show them all the documents immediately. To apply for Federal Bank Personal Loan, you must have the following documents:

KYC documents,

• Proof of Identity (Passport / Voter ID / Driving License / PAN Card)
• Address Proof (Ration Card Tel / Electricity Bill / Lease Agreement / Passport)
• copy of pan card
• Latest passport size photograph of the applicant (2 copies)

income document,

• Latest Salary Certificate / Last 3 Months Salary Slip
• Form 16/Income Tax Return (last 2 years)
• Salary account details for the last 6 months
• Loan application form duly signed

Also read: Paisabazaar Personal Loan

Repayment Option

You can repay back many types of loans. The loan is repaid in Equated Monthly Installments (EMIs). You can use any one of the following methods to repay the loan:

• Standing Instruction Registration at your branch
• Internet banking
• Automatic payment through ECS
• mobile banking

Also read: Muthoot Finance Personal Loan

How to apply for Federal Bank Personal Loan?

If you fulfill all the conditions of Federal Bank personal loan, then you can apply for this loan both online and offline. The information about the process of applying is given below.

Federal Bank Personal Loan Apply Online

• First of all visit the official website of the bank federalbank.co.in But have to come

• On the home page of the website Personal > Loans > Personal loans Click on this option will appear.
• After clicking on this link, all the information related to personal loan will come in front of you on the next page.
• On this page you will see a form.
• Enter the required details in this form and submit the form.
• Your request will go to the bank. After that the bank will contact you and the loan process will be issued further.

Also read: Mahindra Finance Personal Loan

How to apply offline?

• To apply offline, you have to first go to your nearest bank branch.
• After going to the bank branch, you have to contact the bank employee.
• Bank employee will provide you complete information about Federal Bank personal loan
• After that your documents will be verified.
• You have to fill a form and attach the documents with the form and submit it to the bank.
• If you fulfill all the conditions of the loan then the loan amount will be transferred to your bank account.

Also read: Fullerton india personal loan

Federal Bank Personal Loan EMI Calculator

Before applying for Federal Bank Personal Loan, you should calculate the EMI (Equated Monthly Installment) of your loan so that you will get an idea of ​​how much you will have to pay at the time of loan repayment. You can go to the official website of the bank Personal Loan EMI Calculator With the help of this you can calculate the EMI of your loan.

The EMI of the loan mainly depends on the loan amount, interest rate and loan tenure. If you apply for a personal loan without calculating the loan EMI, then you may have to face problems at the time of loan repayment.

Also read: How to get Mahila Personal Loan

Federal Personal Loan Fees and Charges

processing fee	up to 3
Prepayment / Pre-closure charges	For floating rate – Nil For Fixed Rate – 3%
Penalty for delayed repayment	2% of overdue portion per month Additional penal interest applicable for SMA accounts
Charges for converting loan from fixed to floating rates	0.25% of the outstanding amount
Charges for CIBIL Report	Zero
Cersai Registration / Modification Fee	Zero

Also read: Deutsche Bank Personal Loan

Federal Bank Personal Loan Customer Care Number

• Toll free number : 1800 425 1199 / 1800 420 1199

Conclusion

In this article we have given you Federal Bank Personal Loan 2022 Provided complete information about If you want to take advantage of Federal Bank personal loan, then you can understand the process of applying by reading this article. If you face any problem in applying or want to get other information regarding this personal loan, then you can contact on Federal Bank Personal Loan customer care number.

If you still have a question in your mind that Federal Bank Se Loan Kaise Le, then you can write to us in the comment below. Hope friends you have found this article informative. If you liked this article then please share it with your friends.

Also read: Indian Bank Personal Loan

Federal Bank Personal Loan Questions: