Federal Bank Personal Loan in Mumbai

Last Updated : Aug. 30, 2018, 12:07 p.m.

About Federal Bank Personal loan in Mumbai

The city of dreams, Mumbai attracts people from every corner of India. Federal bank gives wings to the ambitions and dreams of people living in the city through FedPremia. FedPremia is the name of the personal loan product offered by the bank. To give the customers timely financial assistance, Federal bank has opened up more than 30 branches in the financial capital of India.

Federal Bank Personal loan in Mumbai at a glance

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

Apply Personal Loan @ 10.75%* Rate

Eligibility criteria

The eligibility criteria for a Federal Bank personal loan Mumbai 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 Mumbai

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

Please refer to Personal Loan Mumbai for additional information.

Address of Federal Bank branches in Mumbai

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