Federal Bank Bengaluru

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About Federal Bank

Federal bank, which was previously called as Travancore Federal Bank, is one of the private sector banks in our nation. The bank was established in the year 1931 during the pre-independence era. It’s headquarter is located in Aluva, Kochi, Kerala where it was shifted in the year 1945. It has an all round presence over the country with 1252 branches and 1516 ATMs. Federal Bank has constantly endeavored to take care of the fund’s requirement of the people.  Its vision is very clear- ‘To turn into the most admired bank’.

The bank aims to keep all its focus on meeting the ultimate needs of the customers by delivering a wide range of loan products. It doesn’t only aim to meet but even outshine the expectation of the customers. Federal bank has touched several milestones in its 86 years journey. It ended up winning the Economic Times (ET) Best Corporate Brand 2016 award for its outstanding service. It became the first sponsor bank in India for White Label ATMs. It has received applause for its FedBook Selfie for which it even won Skoch Smart Technology Award 2015. Bengaluru is one of the prime cities of India and therefore has attracted special attention from Federal bank. The bank is always in active mode when it comes to the city.

Address of Federal Bank Branches in Bengaluru

Branch NameAddressIFSCMICRCustomer Care
Residency RoadP B No. 25058, 44 & 45 Residency Road, Museum Road P O, Bangalore, 560025 , KarnatakaFDRL0001104560049003080-25591407
Gandhi NagarP B No. 9981, No. 11, 1St Cross, Gandhi Nagar, Bangalore, 560009 , KarnatakaFDRL0001189560049002080-22385208
BasavanagudiNo 70, Gandhi Bazar Main Road, First Floor, Basavanagudi, Bangalore, 560004 , KarnatakaFDRL0001318560049004080-26617616
Rajaji NagarNo. 60/60, Raj Chambers, Dr. Rajkumar Road, 2Nd Block, Rajaji Nagar, Bangalore, 560010 , KarnatakaFDRL0001334560049005080-23522007
Jaya NagarK M Plaza, , Kanakapura Main Road, 30Th Cross, 7Th Block, Jayanagar, Bangalore, 560082 , KarnatakaFDRL0001387560049006080-26655558
Marathahalli86/80, 1St Floor, Main Road, Marathahalli, Bangalore, 560037 , KarnatakaFDRL0001454560049007080-25227111
BanaswadiNo.7, Ward No.88, Banaswadi Main Road, , Bangalore, 560043 , KarnatakaFDRL0001471560049009080-25420700
Rt NagarNo.20, Ist Main Road, 108 B Bus Station, Ganga Nagar, R T Nagar P O, Bangalore, 560032 , KarnatakaFDRL0001472560049010080-23434258
Indiranagar315/1, 100 Feet Road, Opp Post Office, Indiranagar, Bangalore, 560038 , KarnatakaFDRL0001535560049012080-25212341
KrishnarajapuramVsr Complex Old Madras Rd Krishnarajapuram Bangalore 560036, KarnatakaFDRL0001561560049014080-25619070
Vignana Nagar No 2 And 5 Sands Plaza Vignana Nagar Main Road Bangalore 560037 KarnatakaFDRL0001629560049019080 25238900
Vijaya Nagar# 21, 17Th Cross, Chord Road, Near Maruthi Mandir, Vijayanagar, Bangalore 560040 KarnatakaFDRL0001643560049020080 23159121, 23159123
Jalahalli17/1, Savithri, S M Road, Bangalore - 560015.FDRL0001582560049015080 28372201, 28372202
Bangalore J P NagarU.D.N Altius, 100 Ft Ring Road, 6Th Phase, J P Nagar, Bangalore - 560078, KarnatakaFDRL00018975770495239743223830
Bangalore Hsr LayoutNo.19, 15Th Cross, 15Th Main, Sector Iv, Hsr Layout , Bangalore - 560102FDRL00017695600490249916989278
BanashankariSudhama, No.299, 100Ft.Ring Road 4Th Phase, 7Th Block , Banashankari 3Rd Stage , Bangalore, Karnataka 560085FDRL00017815600490261800-420-1199
BangaloreGarden City College, 16Th Km Old Madras Road, Virgonagar Post, Bangalore Urban Dist, Bangalore 560049FDRL0002201Non-MICR66487637
SadashivanagarNo 88 , Keerthi , 2Nd Main, Palace Guttahalli P O , Bangalore , KarnatakaFDRL0002198Non-MICR9916352599
Bangalore / Funds & InvestmentFunds And Investment Branch, No.11, 2Nd Floor, 1St Cross, Gandhinagar, Bangalore, 560009 , KarnatakaFDRL0000506560049001080-22201998

Products offered by Federal Bank

Federal bank has achieved customer satisfaction with its wide range of financial products including the likes of home loan, personal loan, fixed deposits, business loan and loan against property. The bank offers these products to suitable applicants who can pass the eligibility norms and can deposit the documents with failure. Check the eligibility criteria and documents required in the tables given below-

Basic details of Federal bank loans in Bengaluru

ProductEligibilityLoan amountInterest rateProcessing feeTenure
Home LoanYou must be a salaried employee or a self-employed or a business in order to avail a home loan from the bank.

The total employment stability needs to be at least 2 years.
Current employment stability of minimum 1 year is required.
Up to Rs. 1500 Lakhs8.95% - 9.20%Up to 30 years
Personal loanThe monthly salary should be Rs. 50,000 and above.
Applicant’s maximum age should be 55 years.
The applicant should be employed in the present job for at least three years
Only applicants in the cities selected by bank can apply. They are Bengaluru, New Delhi & NCR, Chennai, Mumbai, Kochi, Pune and Thiruvananthapuram
Rs. 10 Lakhs11.75% - 14.65%48 months i.e. 4 years
Car LoanThe applicant should take home a minimum of Rs 7500 after meeting all monthly EMI commitments. This also includes the proposed one.
Resident individuals and big corporates can apply for a car loan from the bank
9.15% - 9.45%0.50% of the loan amount .

It can be a minimum of Rs. 500.
New vehicle- 5 years

Salaried- 7 years

Old car- 5 years
Fixed depositsPeople who can open a fixed deposit with the bank-
An individual
Hindu United Family
Associations/Clubs
Joint Stock companies
Firms
Sole Proprietary concerns
Guardians for minor children
Any entity which has not been prohibited by Reserve Bank of India.

Individuals can jointly open an account with another person
The minimum amount required for a fixed deposit at Federal Bank is Rs. 1,000.
No maximum limit has been set as such.
You can get a loan against your fixed deposits upto 90% of the deposit
3.50% - 6.70%NILMinimum- 7 days
Maximum- 10 years
Gold LoanAny individual who owns gold coins or ornaments is eligible to apply for a gold loanUp to Rs. 75 lakhs12.50-13.50%12 months
Education LoanThe applicant should be an Indian national.
He/she needs to secure admission into one of the institutes selected by the bank
Up to Rs 20 Lakhs10.15-14.75%No processing fee10 years
Property Loan Individuals (Residents, Non-residents, PIOs) can applyUp to Rs 5 crore11.65-14.9%1% of the sanctioned amountUp to 15 years
Business LoanFirms, individuals or any company can applyFor professionals- up to Rs 2 crore11.50%Up to 120 months i.e
10 years

Documents required

ProductDocuments
Home loanTwo photographs of passport size of the applicant and the co obligant

Proof Of Identity- Aadhar card/PAN Card/Passport/Driving License/Voter ID Card

Proof of Residence- Voter ID Card/Aadhar Card/Passport/Lease agreement/Ration card/Telephone bill/Electricity bill

Proof of Age- Birth Certificate/Passport/ SSLC or AISSE Certificate/Driving License

Proof of Income-
Salaried individuals:
Salary slip of three months /Latest salary certificate,
IT returns of the past two years or Form 16
bank statement of the past six months.
Self-employed-
Bank account statements of the past 12 months
proof of existence of business and its profile
Income Tax returns of the previous two years along with Balance Sheet/ Profit & Loss account
IT returns of the past two years supported by tax calculation sheet

Property documents-
Agreement for Sale & construction,
Letter of Allotment,
Tripartite Agreement which has to be given before disbursal of loan,
Certificate of possession,
Detailed cost of construction and Land tax receipt.
Personal LoanCompletely filled application form which is duly signed

Proof Of Identity- Aadhar card/PAN Card/Passport/Driving License/Voter ID Card

Proof of Residence- Voter ID Card/Aadhar Card/Passport/Lease agreement/Ration card/Telephone bill/Electricity bill

A copy of PAN card is mandatory

Applicant’s latest photo of passport size ( two copies)

Income Documents- Salary slip of three months /Latest salary certificate, IT returns of the past two years or Form 16 and bank statement of the past six months
Car loanTwo photographs of passport size of the applicant and the co obligant

Proof Of Identity- Aadhar card/PAN Card/Passport/Driving License/Voter ID Card

Proof of Residence- Voter ID Card/Aadhar Card/Passport/Lease agreement/Ration card/Telephone bill/Electricity bill

Proof of Age- Birth Certificate/Passport/ SSLC or AISSE Certificate/Driving License

Proof of Income-
Salaried individuals:
Salary slip of three months /Latest salary certificate,
IT returns of the past two years or Form 16
bank statement of the past six months.
Self-employed-
Bank account statements of the past 12 months
proof of existence of business and its profile
Income Tax returns of the previous two years along with Balance Sheet/ Profit & Loss account
IT returns of the past two years supported by tax calculation sheet

Other documents-
Invoice
Own house proof or latest land tax receipt
In case of used car, Valuation and sale letter from an authorised used car dealer
Some property documents if loan amount is above 10 Lakhs-
document of title,
possession certificate,
EC for 13 years
location sketch
Gold loanIn case you are new customer, you require the following documents-
Proof Of Identity- Aadhar card/PAN Card/Passport/Driving License/Voter ID Card

Recent photograph of passport size

Proof of Residence- Voter ID Card/Aadhar Card/Passport/Lease agreement/Ration card/Telephone bill/Electricity bill/Trade license/Sales tax certificate
Loan against propertyTwo photographs of passport size of the applicant and the co obligant

Proof Of Identity- Aadhar card/PAN Card/Passport/Driving License/Voter ID Card

Proof of Residence- Voter ID Card/Aadhar Card/Passport/Lease agreement/Ration card/Telephone bill/Electricity bill

Proof of Age- Birth Certificate/Passport/ SSLC or AISSE Certificate/Driving License

Proof of Income-
Salaried individuals:
Salary slip of three months /Latest salary certificate,
IT returns of the past two years or Form 16
bank statement of the past six months.
Self-employed-
Bank account statements of the past 12 months
proof of existence of business and its profile
Income Tax returns of the previous two years along with Balance Sheet/ Profit & Loss account
IT returns of the past two years supported by tax calculation sheet

Property documents-
Agreement for Sale & construction,
Letter of Allotment,
Tripartite Agreement which has to be given before disbursal of loan, Certificate of possession,
Detailed cost of construction and Land tax receipt.
Education loanProof Of Identity- Aadhar card/PAN Card/Passport/Driving License/Voter ID Card

Proof of Residence- Voter ID Card/Aadhar Card/Passport/Lease agreement/Ration card/Telephone bill/Electricity bill

Admission letter/Offer letter

Fee structure proof

Basic Qualification and mark-list
Fixed depositsA coloured photograph
Passport/ Driving License
Last six months bank account details

Documents required from the trust, association/ clubs
Photographs of the member operating the account.
A Copy of the Trust Deed/ Bye- laws of the association.
A Copy of registration certificate.
A Copy of the resolution of trustee authorizing the member to operate and open the accounts
Business LoanProof Of Identity- Aadhar card/PAN Card/Passport/Driving License/Voter ID Card

Proof of Residence- Voter ID Card/Aadhar Card/Passport/Lease agreement/Ration card/Telephone bill/Electricity bill

Bank statement of the last six months

Proof of continuation -ITR /Establishment / Trade license/Sales Tax certificate
Income Tax returns of the previous two years along with audited Balance Sheet and Profit & Loss account if applicable

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