Federal Bank extends home loan at competitive interest rates, starting from 8.55% p.a. Federal Bank specializes in providing a wide variety of home loan products to its customers for various home-related purposes, such as construction of the house, acquisition of land, repairs/renovation/remodelling/extension of the house.
Federal Bank Home Loan 2020
|Interest Rate||8.55% onwards|
|Loan Amount||Up to 85% of property value|
|Loan Tenure||Up to 30 years|
|Processing Charges||0.50% of the sanctioned amount(Min: Rs.3000 & Max: Rs. 7500)|
Note: The mentioned interest rates, fees and charges are subject to change and depend on the sole discretion of the bank and RBI.GST and service tax shall be levied extra on the mentioned charges.