Federal Bank Personal Loan Interest Rates
Availing Federal Bank Personal Loans can help you fulfill any of your dreams from funding weddings and college education to buying home appliances to renovating your house. Minimal and simple documentation along with hassle-free process will allow you to acquire a personal loan from the bank. The maximum tenure of up to six years is offered by the bank on personal loans to the customers. There is no requirement for presenting collateral or any guarantor for availing the personal loan, and the bank offers the customers with a wide range of banking products with over 1000 branches across the country.
Federal Bank Personal Loan Interest Rates 2017:
|
Particulars |
Salaried |
|
Interest rate |
11.75% to 14.65% yearly |
|
Loan Amount |
Maximum: up to Rs.10 lakhs |
|
Loan Tenure |
Maximum: 2 Years |
|
Lowest EMI |
None |
|
Processing Fee |
Applicable GST + Up to 2.5% per year for the loan amount sanctioned |
|
Age |
At the time of applying for the loan, the applicant should not be above 55 years of age |
|
Prepayment Charges |
Rs.500/- or 0.50% of loan amount |
|
Foreclosure Charges |
None |
Federal Bank Personal Loan Interest Rates Key things:
- It is advised that the applicant must possess a healthy credit score in order to avail the benefits of the personal loan offered by Federal Bank. It will help the applicant to get his/her loan sanctioned immediately. On the other hand, the applicant must be strong financially as the loan will depend on the bank review on the applicant’s credit score.
- With RBI making certain changes to the repo rate, the interest rates offered by the bank is not liable to increase immediately. On the other hand, the bank before passing any hiked repo rate will analyze their cost of funds and liquidity.
- Depending on the bank’s lending rate, the floating rates will change.
Personal Loan Interest Rates by Banks
- Allahabad Bank Personal Loan Interest Rates
- Andhra Bank Personal Loan Interest Rates
- Axis Bank Personal Loan Interest Rates
- Bank of Baroda Personal Loan Interest Rates
- Bank of India Personal Loan Interest Rates
- Bank of Maharashtra Personal Loan Interest Rates
- Canara Bank Personal Loan Interest Rates
- Catholic Syrian Bank Personal Loan Interest Rates
- Central Bank of India Personal Loan Interest Rates
- Citibank Personal Loan Interest Rates
- City Union Bank Personal Loan Interest Rates
- Corporation Bank Personal Loan Interest Rates
- Dena Bank Personal Loan Interest Rates
- Deutsche Bank Personal Loan Interest Rates
- Federal Bank Personal Loan Interest Rates
- Fullerton Personal Loan Interest Rates
- HDFC Bank Personal Loan Interest Rates
- ICICI Bank Personal Loan Interest Rates
- IDBI Bank Personal Loan Interest Rates
- Indian Overseas Bank Personal Loan Interest Rates
- IndusInd Bank Personal Loan Interest Rates
- Karnataka Bank Personal Loan Interest Rates
- Karur Vysya Bank Personal Loan Interest Rates
- Kotak Bank Personal Loan Interest Rates
- Lakshmi Vilas Bank Personal Loan Interest Rates
- Nainital Bank Personal Loan Interest Rates
- Oriental Bank of Commerce Personal Loan Interest Rates
- Punjab and Sind Bank Personal Loan Interest Rates
- Punjab National Bank Personal Loan Interest Rates
- RBL Bank Personal Loan Interest Rates
- South Indian Bank Personal Loan Interest Rates
- Standard Chartered Bank Personal Loan Interest Rates
- State Bank of Hyderabad Personal Loan Interest Rates
- State Bank of India Personal Loan Interest Rates
- State Bank of Mysore Personal Loan Interest Rates
- State Bank of Patiala Personal Loan Interest Rates
- State Bank of Travancore Personal Loan Interest Rates
- Syndicate Bank Personal Loan Interest Rates
- Tamilnad Mercantile Bank Personal Loan Interest Rates
- Tata Capital Personal Loan Interest Rates
- UCO Bank Personal Loan Interest Rates
- Union Bank Personal Loan Interest Rates
- United Bank of India Personal Loan Interest Rates
- Vijaya Bank Personal Loan Interest Rates
- YES Bank Personal Loan Interest Rates