Federal Bank Personal loans – Interest Rates 2024, Documents
Federal Bank offers best rates on personal loans or cash loans. get details on documents list, eligibility loan amount, repayment options & features & benefits through Deal4loans.
Federal Bank Personal Loan Interest Rates
| Personal Loan | 10.49% to 17.99% |
| Gold Loan | 8.50 onwards |
| Loan Against Approved Securities (NSC,IVP, KVP and LIC Policies) | |
| Type | Interest Rate |
| Term Loan – Against Own Securities | 12.50 |
| Term Loan – Against Third Party Securities | 12.75 |
| Easy Cash (Overdraft) – Against Own Securities | 12.75 |
| Easy Cash (Overdraft) – Against Third Party Securities | 13.00 |
Key Features:
- Hassle free processing
- Loan will be sanctioned against bank deposits, LIC Insurance policy, NSC, KVP, IVP, Govt. & RBI Non-cumulative bonds, Govt. & RBI cumulative bonds etc
- Affordable interest rates
- Simple Documentation
- Supported by over 1000 branches
- Loan amount can be used for any personal/lawful needs
Documents Required for loan:
- Proof of Identity (Passport / Voters ID card/ Driving License/PAN Card)
- Recent Passport size photograph
- Address Proof (Ration card Tel/ Electricity Bill/ Lease agreement/ Passport/Trade license /Sales Tax certificate)
Repayment options:
- Repayment of the loan shall be made as lump sum
