Know important details about the Federal Bank Personal Loan, including eligibility, how to apply, and more.
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.
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.
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.
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’
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.
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
Here are the key features and benefits of getting a personal loan on Bajaj Markets:
Get personal loans at attractive interest rates starting from 12.75% p.a.
Repay your loan within tenures ranging between 12 months to 48 months
With the completely digital application procedure, the documentation process is very convenient and hassle-free
You can reach out to Federal Bank Limited using the following details:
Web Address: https://www.federalbank.co.in/
Email ID - contact@federalbank.co.in
Toll-free Number - 1800-425-1199
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
Visit Bank’s website : https://www.federalbank.co.in/bajaj-finserv-direct-limited
Bank GRO details: https://www.federalbank.co.in/-/our-lending-partners
Raise a ticket with the bank : https://ocms.federalbank.co.in/index.php?/client/clientdetail_from
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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.
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.
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.