Federal Bank Personal Loan in Mumbai

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.

Interest rate10.49% - 17.99%
Loan amountMaximum of ₹10 Lakhs
TenureOne to four years
Processing fee0.50% of the loan amount sanctioned. Minimum of ₹500
Pre-payment chargeNIL

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.

BranchAddressIFSCMICRContact details
Mumbai / FortP B No. 251, 32, Bombay Samachar Marg, Fort, Mumbai, 400001 , MaharashtraFDRL0001099400049005022-22654455
Andheri P B No. 17387, 8, 9, 10, Laram Centre, S.V.Road, Andheri (West), Mumbai, 400058
DadarP.B.No. 5529, Rajgir Court, , 6 Kohinoor Road, , Dadar (East), Mumbai, 400014 , MaharashtraFDRL0001199400049003022-24147384
Crawford Market92, Mimson House, L T Marg, Crawford Market, Mumbai, 400003 , MaharashtraFDRL0001285400049004022-23453202, 3203, 3315
Dombivli 101 - 105, Kasturi Plaza Complex, Manpada Road, Tilak Nagar, Dombivli (East), Mumbai, 421201 , MaharashtraFDRL00013584000490060251-2862177
VashiP B No. 172, No.51 Apsara Apartments, Sector 17, Vashi, Navi Mumbai, 400705 , MaharashtraFDRL0001369400049007022-27899656
Corporate BankingCorporate Banking Branch, 12/227, Nariman Bhavan, 1St Floor, Nariman Point, Mumbai, 400021 , MaharashtraFDRL0001385400049009022-22844532
BorivaliSunder Bungalow, S.V.Road, Opp.Pushpa Park, Fly Over, West Borivali, Mumbai, 400092 , MaharashtraFDRL0001391400049011022-28066633
Vile ParleWembley Ground Floor, Off Nehru Road, Near Adarsh Petrol Pump, Vile Parle East, 400057 , MaharashtraFDRL0001393400049008022-26154635
Bandra WestB - 989 Casa Adriana, 15, St. John Baptist Road, Bandra (West), Mumbai, 400050 , MaharashtraFDRL0001398400049012022-2641537
ChemburShop No.1, Ed - El, Plot No.208, , Central Avenue Road, Chembur, Mumbai, 400071 , MaharashtraFDRL0001399400049013022-25298105
Dadar WestPlot 350 Neminath Apt, Bhaindarkar Marg Dr Sk Bole Road Dadar West Mumbai
FDRL0001505400049015022-24326642 022-24326641
Kandivali93 94 & 95 Venues Chs Ltd 17 Evershine Millennium Paradise Thakur Village, Kandivali East Mumbai - 400101 MaharashtraFDRL0001622400049024022 28874433 28463083
KalinaGround Floor Aiswarya Towers C S T Road Santacruz East Mumbai – 400098FDRL00016824000490271800-425-1199
Malad WestGround Floor, Link House, Chincholi Bunder, Malad West, Mumbai, Maharashtra - 400 064FDRL00018364000490351800-425-1199
Andheri EastGround Floor, Mariam Apartment, Opp Gurudwara, Sher E Punjab Society, Mahakali Caves Road, Maharashtra - 400093FDRL00018294000490349867954680

  • Personal Loan Interest Rates February 2024
    HDFC Bank10.75% - 14.50%
    ICICI Bank10.75% - 19.00%
    IndusInd Bank10.25% - 26.00%
    Kotak Bank10.99%
    RBL14.00% - 23.00%
    SMFG India Credit12.00% - 24.00%
    Standard Chartered Bank11.49%
    Tata Capital10.50% - 24.00%