COMPARE : PERSONAL LOAN
Federal Bank Personal Loan
Introduction
Federal Bank offers you personal loan for all your personal needs, you name it and bank has it. Whether you are individual residents or NRI, can apply for the loan. Bank has set the tenure for the repayment of the loan amount up to 60 months.
Highlights
  Salaried Self Employed
Loan Scheme Personal Loan Personal Loan
Loan Type Term Loan Term Loan
Loan Amount The maximum loan amount is 6 times monthly salary or 50 % of annual income of previous year. The maximum loan amount is 6 times monthly salary or 50 % of annual income of previous year.
Tenure Min. - 12 months.
Max. - 60 months.
Min. - 12 months.
Max. - 60 months.
Interest Rate Min. - 17.55 %
Max. - 20.05 %
Min. - 17.55 %
Max. - 20.05 %
Time to Process Loan 5 days 5 days
 Fees & charges
 Security
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