Federal Bank Personal Loan in Bengaluru

Last Updated : March 27, 2017, 4:24 p.m.

About Federal Bank Personal loan in Bengaluru

Federal bank offers a personal loan to the people in the IT city of Bengaluru so that they can realize all their dreams. The personal loan is named as FedPremia and offers a flexible repayment tenure to the applicant along with minimal processing fee. Federal bank has opened up about 20 branches in the capital of Karnataka so that the product is available to the customer without any inconvenience.

Federal Bank Personal loan in Bengaluru at a glance

Take a look at key information about the product offered by Federal Bank in Bengaluru

Apply Personal Loan @ 10.75%* Rate

Eligibility criteria

The eligibility criteria for a Federal Bank personal loan Bengaluru has been given below-

• Federal bank offers a personal loan to only salaried individuals. In order to secure a personal loan from the bank, you must be a salaried employee earning a stable income
• The applicant should earn a net monthly income of at least ₹50,000.
• The maximum age of the applicant can be 55 years old
• He/she should be working in the current job for a period of at least three years
• Only applicants living in the cities selected by the bank are eligible to apply for a personal loan. The cities are Bengaluru, Chennai, New Delhi & NCR, Mumbai, Pune, Kochi and Thiruvananthapuram

Documents required for a Federal Bank Personal loan Bengaluru

The list of all the important documents required for a smooth disbursal of a personal loan has been given below. Check it out.

• Completely filled application form
• Proof of Identity- PAN card/ Voter ID card/ Driving license/ Passport/ Aadhar card
• Two passport size photographs
• Proof of Address- Passport/Ration card/ Telephone bill/ Electricity bill/ Water bill/Rent or Lease agreement
• Bank statement of the previous six months
• Salary slips of the last three months/ Salary certificate
• Income tax returns of the last two years/Form 16
• A copy of PAN card is very important

Don’t forget to check out Personal Loan Bengaluru for more information.

Address of Federal Bank branches in Bengaluru

The list of Federal Bank branches in Bengaluru has been given below with their complete addresses.