Federal Bank Personal Loan in New Delhi

Last Updated : Feb. 29, 2020, 3:44 p.m.

About Federal Bank Personal loan in New Delhi

Federal bank has designed a personal loan product for the people living in the capital city of India, New Delhi. The product has been specially named as FedPremia. The product is very useful for meeting any kind of personal need. In case you want to go to a foreign trip or sponsor your ward’s education or even renovate your house, you can avail this product. The personal loan is one of the most demanded products due to the simple reason that it has the potential to fulfill all the personal wishes and ambitions. New Delhi has more than 30 branches of Federal bank through which the customer can take the loan at affordable rate of interest.

Federal Bank Personal loan in New Delhi at a glance

The important details of Federal Bank Personal loan New Delhi have been given below.

Apply Personal Loan @ 10.75%* Rate

Eligibility criteria

The eligibility criteria for a Federal Bank personal loan New Delhi 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 New Delhi

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 New Delhi for more information.

Address of Federal Bank branches in New Delhi

The list of Federal Bank New Delhi branches has been given below with their complete addresses.