Federal bank offers housing loan for all purposes including Purchase/Construction of House/flat, Reimbursement of cost of house/flat already constructed/purchased, Purchase of land with house and Purchase of land for subsequent construction of house. Bank gives loan to Indian citizens as well as NRIs. It has a home loan plus scheme for existing housing loan customers at concessional interest rates. There is another option of take over of housing loans from other banks at low interest rates without any fresh legal opinion and simple formalities.
Highlights
Interest Rate
0%
Loan Amount
Min. - Rs 100000
Max. - Rs 10000000
Time to Process Loan
7 days
Interest Rates
Tenure
Interest Type
Interest Rate
Offer
20 - 25 Yrs.
Floating
11.75 %
15 - 20 Yrs.
Floating
11.75 %
10 - 15 Yrs.
Floating
11.75 %
5 - 10 Yrs.
Floating
11.75 %
1 - 5 Yrs.
Floating
11.75 %
15 - 20 Yrs.
Fixed
13.75 %
10 - 15 Yrs.
Fixed
13.75 %
5 - 10 Yrs.
Fixed
13.75 %
1 - 5 Yrs.
Fixed
13.75 %
Fees & charges
Fees & charges
Special Offers
Special Offers
Purchase/Construction of House/flat
Reimbursement of cost of house/flat already constructed/purchased
Purchase of land and with house
Purchase of land for subsequent construction of house