Federal Bank Ghaziabad
Last Updated : June 1, 2018, 3:24 p.m.
About Federal Bank
Federal bank, is one of the leading private sector banks in our nation which has strived to meet the financial requirements of the people. Formerly known as Travancore Federal Bank, it was founded in the year 1931. It has its headquarter in Aluva, Kochi, Kerala where it was moved in the year 1945. It has its roots in the pre-independence era. In the year 1947, it officially got the name Federal Bank Limited. After that, the bank has not looked back and has emerged as one of the most stable financial institutions. The bank has spread its presence across 24 Indian states with 1252 branches and 1516 ATMs available to help the people.
It carries the vision of becoming the most admired bank by all the stakeholders like employees, customers and shareholders. Federal bank has centered its focus on meeting the expectations of the customer and even exceeding them. It aims to meet the needs of the customer by offering a wide range of products and services. It has brought concepts like 24 hours-seven days a week and a single window to ensure the highest standard of service. Federal bank has achieved several milestones over the years. It won the Economic Times Best Corporate Brand 2016 award and Skoch Smart Technology Award 2015 for its FedBook Selfie. The bank has always been the first one to innovate, be it introducing FedBook- the mobile based electronic passbook or Virtual Accounting System (VAS). It is the first bank which offered electronic telephone bill payment in India. It is credited for being the first bank to have an e-shopping payment gateway. The list of achievements doesn’t end here. The bank is always more than ready to help the people of Ghaziabad.
Address of Federal Bank branches in Ghaziabad
Branch Name | Address | IFSC | MICR | Customer Care |
---|---|---|---|---|
Ghaziabad | B7 Rdc Raj Nagar Ghaziabad 201001 Uttar Pradesh | FDRL0001614 | 110049021 | 0120 2821550 2821224 |
Ghaziabad/Vaishali | Express Greens, Plot No.Gh 1/1, Sector 1, Vaishali, Ghaziabad, Uttar Pradesh 201010 | FDRL0002150 | NON-MICR | 1800-420-1199 |
Ghaziabad Vasundhara | Ground Floor, C2, Sector 15, Vasundhara, Vasundhara Po, Ghaziabad, Uttar Pradesh Pincode 201012 | FDRL0002151 | NON-MICR | 5885486 |
Products offered by Federal Bank
Federal bank offers a wide range of products for customers in the form of home loan, car loan, personal loan, gold loan, loan against property, education loan and fixed deposits. Any applicant who wishes to avail a loan from the bank needs to fulfill all the eligibility criteria as well as submit the required documents on time. The bank happily welcomes people to open a fixed deposit account and offers them attractive rate of interest for the same.
Basic details of Federal bank loans in Ghaziabad
Product | Eligibility | Loan amount | Interest rate | Processing fee | Tenure |
---|---|---|---|---|---|
Home Loan | You 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 Lakhs | 10.15% - 10.30% | Up to 30 years | |
Personal loan | The 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 Lakhs | 10.49% - 17.99% | 48 months i.e. 4 years | |
Car Loan | The 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 | 7.65% Onwards | 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 deposits | People 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 | 2.50% - 6.00% | NIL | Minimum- 7 days Maximum- 10 years |
Gold Loan | Any individual who owns gold coins or ornaments is eligible to apply for a gold loan | Up to Rs. 75 lakhs | 12.50-13.50% | 12 months | |
Education Loan | The 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 Lakhs | 10.15-14.75% | No processing fee | 10 years |
Property Loan | Individuals (Residents, Non-residents, PIOs) can apply | Up to Rs 5 crore | 11.65-14.9% | 1% of the sanctioned amount | Up to 15 years |
Business Loan | Firms, individuals or any company can apply | For professionals- up to Rs 2 crore | 11.50% | Up to 120 months i.e 10 years |
Documents required
Product | Documents |
---|---|
Home loan | Two 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 Loan | Completely 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 loan | Two 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 loan | In 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 property | Two 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 loan | 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 Admission letter/Offer letter Fee structure proof Basic Qualification and mark-list |
Fixed deposits | A 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 Loan | 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 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 |