Get Lowest Personal Loan Interest Rate ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation! Check Eligibility

Apply for a Federal Bank Personal Loan of up to ₹5 Lakhs at an interest rate starting from 12.75% p.a. on Bajaj Markets. Fulfil your financial needs with a Federal Bank Personal Loan, available on Bajaj Markets. Instantly access the required loan amount through an end-to-end digital application process. Enjoy benefits such as competitive interest rates, flexible tenures of up to 48 months, and more.

Federal Bank Personal Loan Highlights

Here’s a quick glance at the Federal Bank Personal Loan details, including interest rates, loan amount limits, and tenure options:

Particulars

Details

Interest Rate

12.75% p.a. to 19.90% p.a.

Maximum Tenure

48 months

Minimum Loan Amount

₹50,000

Maximum Loan Amount

₹5,00,000

*Disclaimer: The mentioned details are subject to change at the lender's discretion.

Federal Bank Personal Loan EMI Calculator

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Federal Bank Personal Loan Other Fees and Charges

When applying for a Federal Bank Personal Loan, there are a few additional costs to consider. Here's a breakdown of the applicable fees and charges:

Particulars

Details

Processing fee

2% to 3% of the loan amount + 18% GST

Foreclosure Charges

3% of the outstanding loan amount at the time of closure + 18% GST

*Disclaimer: The mentioned charges are subject to change at the lender's discretion.

Eligibility Criteria for Federal Bank Personal Loan

The criteria for Federal Bank Personal Loan eligibility is as follows:

  • You must fall under the age bracket of 21 to 55 years

  • You may be a salaried Individual.

  • Your eligibility will be determined based on the ‘Federal Bank credit policy’

Documents Required for Federal Bank Personal Loan

Along with fulfilling the aforementioned criteria, keep the following documents handy when applying for a Federal Bank Personal Loan:

  • PAN card

  • Aadhaar card

Note: The lender may request additional documents based on their verification process.

How to Apply for Federal Bank Personal Loan on Bajaj Markets

Apply for a Federal Bank Personal Loan online on the Bajaj Markets by following the steps provided below:

  • Click on the ‘Apply Now’ option on this page

  • Fill in your professional and personal details in the online form

  • Choose ‘Federal Bank’ from the list of personal loan providers

  • Enter your preferred loan amount and repayment tenure

personal loan

Why Opt for Federal Bank Personal Loan via Bajaj Markets

Here are the key features and benefits of getting a personal loan on Bajaj Markets:

Attractive Interest Rates

Get personal loans at attractive interest rates starting from 12.75% p.a.

Flexible Repayment Tenure

Repay your loan within tenures ranging between 12 months to 48 months

Easy Documentation

With the completely digital application procedure, the documentation process is very convenient and hassle-free

Federal Bank Personal Loan Customer Care Details

You can reach out to Federal Bank Limited using the following details:

Grievance Redressal Officer Details

For any concerns or complaints regarding the banking services, you can reach out to the designated Grievance Redressal Officer for prompt assistance and resolution:

  • GRO (Federal Bank) Name: Mr. Nikhil A

  • GRO (Federal Bank) Email: dlcare@federalbank.co.in

  • GRO (Federal Bank) Contact Number: 0484 6147400

Disclaimer

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.

Frequently Asked Questions

What are the charges associated with a Federal Bank Personal Loan?

You can get a Federal Bank Personal Loan at interest rates starting from 12.75% p.a. In addition to this, you will also be required to pay a processing fee, which is about 2% to 3% of the loan amount plus 18% GST. Furthermore, if you wish to close your loan before the chosen tenure, you may have to pay up to 3% of the loan amount + applicable charges as preclosure charges.

How much money can I borrow using a Federal Bank Personal Loan?

You can get up to ₹5 Lakhs with a Federal Bank Personal Loan. However, the final loan amount approved will depend on your eligibility as assessed under Federal Bank’s credit policy.

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