Federal Bank Kolkata

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About Federal Bank

Federal bank which was incorporated in 1931, is one of India’s well-known commercial private sector banks. Before it got the name ‘Federal Bank Limited’ in the year 1947, it was known by the name Travancore bank. The bank commenced its operations with a capital of Rs. 5,000 on April 28, 1931, in Thiruvalla. On May 18, 1945, the bank moved to its current head office in Aluva which is part of the spellbounding city of Kochi.  Within the next year, the bank was successful in opening its second branch in Angamally. After that, there has been no looking back from the bank. It has made a name for itself in the banking world. Today the bank has more than 1000 ATMs and branches in the entire nation, which are always available to serve the people. Federal bank has also opened up an office in Abu Dhabi so that it can act like a linking pin for the NRI customers based in UAE.

Federal bank has never hesitated when it comes to innovation, whether it was the introduction of FedBook or offering customers Virtual Accounting System. This has attracted applauds from all the corners, be it the industry or the customer. It is the first traditional commercial bank which got listed on the London Stock Exchange and the first which issued GDR. Kolkata has always been a major contributor to India’s GDP and Federal Bank is going out of the box to meet the growing financial needs of the city.

Address of Federal Bank branches in Kolkata

Branch NameAddressIFSCMICRContact Details
C.R.Avenue8 Chittaranjan Avenue, Kolkata, 700072, West BengalFDRL0001103700049005033-22126352
Burra Bazar33A Tara Chand Dutta Street, Burra Bazar, , Kolkata, 700073 , West BengalFDRL0001157700049003033-22715091
Rn Mukherjee RoadMartin Burn House, 1, R.N. Mukherjee Road,
Kolkata, 700001, West Bengal
FDRL0001200700049006033-22434070
Tangra52/D, Radhanath Chowdhury Road, Tangra, , Kolkata, 700015 , West BengalFDRL0001237: 700049007033-23296076
Ballygunge1/D, Mandeville Gardens, Ballygunge,Kolkata, 700019 , West BengalFDRL0001284700049002033-24403902
Bhowanipore4/1 Lala Lajpat Rai Sarani, Elgin Road, Bhowanipore, 700020 , West BengalFDRL0001304700049004033-22832452
Kolkata New Market13, Lindsay Street, 1St Floor, New Market, , Kolkata, 700087 , West BengalFDRL0001313700049009033-22529272
Behala514 Diamond Harbour Road, Behala, Kolkata, 700034 , West BengalFDRL0001314700049008033-23973167
Shakespeare SaraniShakespeare Sarani Branch, 1 Floor, Shakespeare Court, 21A, Shakespeare Sarani, Kolkata, 700017 , West BengalFDRL0001400700049012033-22828292
Tangra ExtensionDon Bosco School Park Circus Kolkata 700017 West BengalFDRL0001514700049015033 22805869
Rabindra SaraniPoddar Court 18 Rabindra Sarani Kolkata - 700001 West BengalFDRL0001623700049014033 22371657 22371658
UltadangaMerlin Warden TF Lakeview, Block Superior, 104 Bidhan Nagar Road, Kolkata , West BengalFDRL0001938700049017033-23560111
VIP RoadVIP Road, Dhalipara, Teghoria, Dakhin Mart Kaikhali, Kolkata, West Bengal 700059FDRL0001985Non-MICR1800-425-1199
Bbd BaghOlisa House, 4, Government Place North, Gpo ( General Post Office)Kolkata - 700001, West BengalFDRL0002153Non-MICR1800-425-1199
Rashbehari Avenue152, Sp Mukherjee Road, Kalighat P O, Kolkata District, West BengalFDRL0002162Non-MICR23990235

Products offered by Federal Bank

Federal bank offers well-structured products and services like NRI banking, personal banking, Corporate banking and SME-business banking. Don’t apply a brake on your dreams when Federal bank is there to lay a foundation stone for them. Home loan, car loan or personal loan, the bank has options for all the needs anytime you want. You just have to see that you fulfill the eligibility norms and also submit the documents to the bank on time. Check the tables below for more information.

Basic details of Federal bank loans in Kolkata

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 Lakhs9.05% - 9.15%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
9.15% - 9.45%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% - 7.80%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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