Federal Bank Personal Loan in Chennai

About Federal Bank Personal loan in Chennai

Federal bank is one of the oldest private sector banks in India and has products and services that have catered to the needs of the people since a long time. The bank provides a personal loan to the people who are living in Chennai. The product is known by the name FedPremia and is one of the most demanded by the customers in Chennai. The bank gives a personal loan at an attractive rate of interest and nominal processing fee. There are more than 20 Federal bank branches in the capital of Tamil Nadu. All the branches have dedicated employees who are working hard to provide the personal loan product on time to the customer.

Federal Bank Personal loan in Chennai at a glance

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

ParticularDetails
Interest rate11.75% - 14.65%
Loan amountMaximum of ₹10 Lakhs
TenureOne to four years
Processing fee0.50% of the loan amount sanctioned. Minimum of ₹500
Pre-payment chargeNIL

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Eligibility criteria

The eligibility criteria for a Federal Bank personal loan Chennai 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 Chennai

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

Do check out Personal Loan Chennai for additional details.

Address of Federal Bank branches in Chennai

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

Branch NameAddressIFSCMICRCustomer Care
Anna NagarC 48, Tnhb Complex, Iind Avenue, Anna Nagar, Chennai, 600040 , Tamil NaduFDRL0001324600049006044-26216008
Mount RoadS V S Club Building, 61, Anna Salai, Mount Road, Chennai, 600002 , Tamil NaduFDRL0001100600049003044-28512561
George TownVoltas International Centre, 52 (New No 107), Armenian Street, George Town, Chennai, 600001 , Tamil NaduFDRL0001181600049002044-25342327
Rajaram Mehta Nagar1St Floor, # 25, Nelson Manickam Road, Rajaram Mehta Nagar, Chennai, 600029 , Tamil NaduFDRL0001233600049004044-23740563
RoyapettahP B No. 5569, No.1, Beemasena Garden, Royapettah High Road, , Mylapore, Chennai, 600004 , Tamil NaduFDRL0001282600049005044-24993441
T NagarSecond Floor, Gold Crest, 54 - 55, North Usman Road, T Nagar, Chennai, 600017 , Tamil NaduFDRL0001386600049007044-28158717
AdyarDoor No.46 (Opp. To Impcops), Lattice Bridge Road, , Chennai, 600041 , Tamil NaduFDRL0001441600049008044-24404058
VadapalaniSri Valli Towers, 86.Jawaharlal Nehru Road, (100 Feet Road), Chennai / Vadapalani, 600026 , Tamil NaduFDRL0001444600049009044-24812969
Cms61, Anna Salai, Chennai 600002 , TamilnaduFDRL0001444600049009044-28510645
PurasawalkamDoor No.47, Gangadeeswarar Koil Street, Purasawalkam, Chennai, 600084 , Tamil NaduFDRL0001457600049011044-26651129
PeramburNo.39, Srp Koil Street , North Street, Tvk Nagar , Perambur West , Chennai 600082 Tamil NaduFDRL00019336000490271800-425-1199
Chennai Mount Road ExtensionAsan Memorial Senior Secondary School No 1 Anderson Road Chennai 60006 Tamil NaduFDRL00015216000490280442 28272213
Tambaram58 Ground Floor Kakkan St West Tambaram Chennai 6000045 Tamil NaduFDRL0001536600049012044-22261114 22261115
Porur4/70 Arcot Road Porur Chennai 600116 Tamil NaduFDRL0001564600049015044-24763791
Chennai Zonal OfficeBhattad Tower First Floor 30 West Cott Road Royapettah Chennai 600014, Tamil NaduFDRL0000171Non-MICR91-44-28587516
Funds & Investment62 (Upstairs), Mount Road, Chennai, 600002 , Tamil NaduFDRL0000502600049001044-28583306

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