Federal Bank Home Loan in Kochi

Home Loan Rates EMI 2017 49 views

About Federal Bank Home Loan in Kochi

The special connection of Federal bank and Kochi can’t be described in words. Kochi is the place from where Federal bank is conducting all its main operations. The main head office of the bank is located in Aluva, Kochi. The bank has taken the task of providing wings to the housing dreams of the people in the city. The product has a wide bandwidth and can be used for construction, repairment and extension of one’s house, in addition to the purchase of a new one. Federal bank has opened over 40 branches in the beautiful city so as to provide the customer the best experience and affordable loans.

Federal Bank Home loan in Kochi at a glance

Important details about Federal Bank Home loan Kochi have been given in the form of a table.

ParticularDetails
Interest rate11.75% - 14.65%
Loan amountMaximum of ₹1500 Lakhs
TenureUp to 30 years
Processing fee0.50% of the loan amount sanctioned along with service taxes
Minimum of ₹3,000
Maximum of ₹7,500
Pre-payment chargeNIL

Eligibility criteria

Eligibility norms have to be fulfilled by every applicant who wishes to avail a Federal bank home loan Kochi. The different norms have been mentioned below. Have a look at them.

  • Self-employed individuals, businessmen, and salaried individuals are eligible to apply for a home loan.
  • The total employment/business stability should be at least two years.
  • The applicant should be working in their current job/profession/business for a period of at least one year
  • The applicant must be earning sufficient enough to repay the loan. He/she must earn a minimum net monthly income of ₹15,000 in order to avail a home loan
  • The applicant must be over the age of 21 at the time of loan application. The maximum age has been kept at 55 years.

Documents required for a Federal Bank Home loan Kochi

The list of all the essential documents needed for a smooth and hassle free disbursal of a home loan is right here. Have a proper look at them-

  • Two photographs of passport size of the applicant and the co obliged
  • Proof of Age- Birth Certificate/Passport/ SSLC or AISSE Certificate/Driving License
  • Completely filled application form
  • Proof of Residence- Voter ID Card/Aadhar Card/Passport/Lease agreement/Ration card/Telephone bill/Electricity bill
  • Proof Of Identity- Aadhar card/PAN Card/Passport/Driving License/Voter ID Card
  • 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 previous 12 months
  • Income Tax returns of the previous two years along with Balance Sheet/ Profit & Loss account
  • Proof of the existence of business and its profile
  • IT returns of the past two years supported by tax calculation sheet

Property documents-

  • Letter of Allotment
  • Agreement for Sale & construction
  • Certificate of possession
  • Tripartite Agreement to be given before disbursal of home loan
  • Detailed cost of construction and Land tax receipt

For more details, please check out Home Loan Kochi.

Address of Federal Bank branches in Kochi

The list of Federal Bank Kochi branches has been given below with their complete addresses, IFSC and MICR details.

Branch NameAddressIFSCMICRContact Details
Ernakulam / ServiceService Branch, Ground Floor, Federal Towers, Ernakulam, 682031 , KeralaFDRL00005016820490010484-2311728
Ernakulam/NorthP B No. 1927, Banerji Road, Ernakulam North, Kochi, 682018 , KeralaFDRL00010046820490040484-2362974
KochiP B No. 334, Parvana Junction, Mattancherry, Kochi, 682002 , KeralaFDRL00010336820490200484-2224134
ThrikkakkaraChembumukku, Thrikkakara, Kakkanad West P O, Kochi, 682030 , KeralaFDRL00010346820490120484-2427156
GirinagarGirinagar, Elamkulam, Kadavanthra P O, , 682020 , KeralaFDRL00010586820490090484-2203162
PachalamBagyodaya Buildings, Pachalam, , Kochi, 682012 , KeralaFDRL00010756820490100484-2395766
Ernakulam/SouthP B No.1731, , M G Road (South), Ernakulam, Kochi, 682016 , KeralaFDRL00011536820490050484-2378710
PalluruthyPost Box No 926, Palluruthy, , Kochi, 682006 , KeralaFDRL00011836820490210484-2233258
PoonithuraPalathinkal Building, P B No. 2, Petta Junction, Poonithura, 682317 , KeralaFDRL00012196820490020484-238970
KeezhillamKadambelil Building, M C Road, , Keezhillam, 683541 , KeralaFDRL00012226830498030484-2654461
Ernakulam/
Mahatma Gandhi Road
Kandamkulathy Towers, Opp. Maharajas College Ground, Mahatma Gandhi Road, Kochi, 682011 , KeralaFDRL00012386820490060484-2372397
OchanthuruthOchanthuruth P O, Kochi, 682 508, KeralaFDRL00012416820490310484-2492402
Ernakulam / BroadwayCatholic Centre, Broadway, Ernakulam, Kochi, 682031 , KeralaFDRL00012836820490070484-2380230
CheranalloorChurch Junction, Cheranalloor, , Kochi, 682034 , KeralaFDRL00012956820490240484-2431309
PazhamthottamEdayanal Building, (Via) Kumarapuram, Pazhamthottam P O, KeralaFDRL00013126820490490484-2688378
Ernakulam/
Panampilly Nagar
28/105 A, Opp:Housing Board Bldg., Panampilly Nagar, Kochi, 682036 , KeralaFDRL00013166820490080484-2311728
Palarivattom1St Floor, Thadikkaran Centre, Palarivattom, Ernakulam, 682025 , KeralaFDRL00013806820490180484-2338230
Vyttila31/758, Thammanam Road, Vyttila Junction, Vyttila, Kochi, 682019 , KeralaFDRL00014106820490190484-2389309
KaloorCentral Arcade, Azad Road, Kaloor, Kochi, Kerala, 682017 , KeralaFDRL00014216820490220484-2336900
Cms BranchFederal Towers, Marine Drive, Ernakulam, , 682031 , KeralaFDRL00014246820490250484-2385514
Willingdon IslandDarragh Smail House, 5Th Cross Road, Willingdon Island, Kochi, 682003 , KeralaFDRL00014666820490260484-2666908
Ernakulam Bye PassSg Bldg Near Bye Pass Near Emc Ernakulam Kochi 682025FDRL00016086820490370484 2345058 2345059
KathrukadavuPariyarath Building Kumaranasan Junction Kaloor – Kadavanthra Road Elamkulam Kochi – 682017 KeralaFDRL00016866820490410484 2204313
Ernakulam/Marine DriveGround Floor, Federal Towers, Building No. 2095, Marine Drive, Ernakulam, 682031 , KeralaFDRL00013756820490110484-2385518
LenthikkaraMaliakal Buildings, Near Elenthikara Junction, Elenthikara Mala Road, Kerala - 683594FDRL00018426820490609946940500
EdappallySt.George's Church Building, Edappally, 682024 , KeralaFDRL00011846820490030484-2340733

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