Federal Bank Hyderabad

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About Federal Bank

There are very few banks which have developed a sense of trust amongst the customers. Federal bank belongs to this category. The bank has seen a tremendous journey from the times of independence struggle till the current demonetisation era. The main office is located in Aluva in the city of Kochi. It was previously known by the name Travancore Federal Bank and received the official name Federal bank in the year 1947. Since then it has turned out to be one of the most stable financial institutions in the country. The bank has its reach in most parts of the country with 1252 branches and 1516 ATMs always at their best to serve the people of the nation.

Over the journey of 86 years, Federal bank has left a reverberating impact on the banking industry. It was one of the first traditional banks to make all the branches automated and the first one to introduce electronic telephone bill payment in India. The bank has been a trendsetter when it comes to innovation. It introduced FedBook which is the first of its kind. It is mobile based passbook which eliminates the need to visit your home branch to update your passbook. Hyderabad is one of the fastest growing cities in India and has seen tremendous growth in the IT sector. Federal bank is working day in and day out to serve the financial needs of the people of the city.

Address of Federal Bank branches in Hyderabad

Branch NameAddressIFSCMICRCustomer Care
HyderabadP B No. 230, Orient Estate, Abids Road, Hyderabad, 500001 , Andhra PradeshFDRL0001124500049002040-23205381
Hyderabad Lakdi Ka Pul6 - 2 - 953 /Krishna Plaza, Raj Bhavan Road, Khairatabad, Lakdi Ka Pul, Hyderabad, 500004 , Andhra PradeshFDRL0001332500049003040-23322755
Punjagutta6 - 3 - 456/C1 & C2, Ground Floor, Mgr Estates, Dwarakapuri Colony, Punjagutta, Hyderabad, 500082 , Andhra PradeshFDRL0001473500049005040-23357575
Madhapur80/81 Arunodhaya Colony Madhapur P O Hyderabad 500081FDRL0001555500049006040 23115250 23115260
Hyderabad / Service BranchNo 301 Iii Floor Dega Towers Rajbhavan Road Somajiguda, Begumpet Hyderabad 500082FDRL0000516500049001040 23303305 23303306
MalakpetGround Floor, D.No. 16-11-20/6/6/1/1, Opp. Tv Tower, Gafoor Bagh, Saleem Nagar Colony, Malakpet, Hyderabad - 500036, Andhra PradeshFDRL0001826500049014040 24540022; 040 24540000
Hyderabad Banjara HillsPrasanthi, Road No.92Banjara Hills , Hyderabad, Andhra Pradesh 500034FDRL0001843Non-MICR1800-425-1199
VanasthalipuramHills Colony, Prasanthi Nagar, Vanasthalipuram, Hyderabad , Andhra PradeshFDRL0001943Non-MICR1800-425-1199

Products offered by Federal bank

We human beings have many wishes of building our dream home, buying a car of our choice, going on an extended holiday to Dubai. But many times we are forced to apply a brake on our dreams. But why apply a brake when Federal bank is offering you a financial support through different loan products like personal loan, fixed deposits, business loan, home loan, car loan etc. The bank offers loan to suitable applicants who can fulfill the required eligibility norms and submit the needed documents. To check the eligibility norms and documents refer to the tables below-

Basic details of Federal bank loans in Hyderabad

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 Lakhs

9.00% - 9.30%

Up to 30 years
Personal loanNot applicable here

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

9.25% - 9.95%

0.50% pf the loan amount .

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

For Salaried individual- 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% - 6.80%

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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