Federal Bank Loan

Federal Bank is a Private Sector, scheduled commercial bank in India, headquartered in Aluva, Kochi.

The Bank also has its Representative Offices abroad at Abu Dhabi and Dubai.

Personal loan details:

FedPremia - Personal Loans

Hassle free personal loans for salaried individuals with minimum monthly salary of Rs.25,000/-. FedPremia Personal Loans are offered at all branches .

Features:

Maximum Loan amount of Rs.25 Lakh
Maximum Tenure of 48 Months
Attractive rate of interest
Faster processing
Minimal paperwork

Personal loan eligibility:

Resident individuals* with monthly net salary Rs.25000/- and above
Maximum age – 60 years at the end of loan tenure
Number of years in the present Job* – 3 years

List of documents required for taking loan:

KYC documents

Proof of Identity (Passport / Voters ID card/ Driving License/PAN Card)
Address Proof (Ration card Tel/ Electricity Bill/ Lease agreement/ Passport)
Copy of PAN Card
Latest Passport size photo of the applicant (2 copies)

Income documents

Latest salary certificate/Last 3 months salary slips
Form 16/Income Tax Returns( last 2 years)
Last 6 months salary account statement
Loan application form duly signed

Address:

Aluva
Federal Bank Ltd
Parackal Towers, Parur Junction, Aluva-683102
alwy@federalbank.co.in

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Answered By StudyChaCha Member