हिंदी में पढ़े
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Federal Bank Personal Loan Highlights |
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| Interest Rate | 12.00%-22.50% p.a. |
| Loan Amount | Rs 50,000-Rs 5 lakh |
| Loan Tenure | 1-4 years |
| Processing Fee | 1.5%-2.5% of the loan amount |
| Pre-closure/Prepayment charges | NIL |
Note: Rates as of 1 July 2025
Federal Bank
Up to ₹5L
12% - 22.5%
1-4 Years
1.5% - 2.5%
Table of Contents
Federal Bank Personal Loan Interest Rates
| Minimum Interest Rate | 12.00% p.a. |
| Maximum Interest Rate | 22.50% p.a. |
Federal Bank Personal Loan Fees and Charges
| Particulars | Charges |
| Processing Fees | 1.5%-2.5% of loan amount |
| Prepayment/Preclosure charges | NIL |
| NACH Bounce Charges | Charges applied by borrower’s savings account holding bank. |
| NeSL reporting charges | Rs 29.50 |
Also Read: Personal Loan Processing Fees charged by various lenders
Federal Bank Digital Personal Loan – Paisabazaar
- Loan Amount: Rs 50,000 to Rs 5 lakh
- Loan Tenure: 1 year to 4 years
- Processing Fee: 1.5%-2.5% of loan amount
Eligibility Criteria for Federal Bank Personal Loan
The eligibility criteria for Federal Bank personal loan offered through Paisabazaar.com is determined on the basis of the bank’s Credit Policy. Below-mentioned are some of the eligibility criteria set by Federal Bank:
- Applicant should be a resident Indian citizen.
- Applicant must fall under the age bracket of 21 to 55 years.
- Only salaried individuals can apply.
Federal Bank may also consider the credit scores of its personal loan applicants, just like other lenders do while evaluating their personal loan eligibility.
Documents Required for Federal Bank Personal Loan
Federal Bank requires the following documents during personal loan application:
- PAN card
- Aadhar card
EMI Calculator
Monthly EMI ₹ 15,622
Total Amount Payble ₹ 5,62,395(Principal + interest)
Principal Amount ₹ 5,00,000
Total Interest Payble ₹ 62,395
Federal Bank Personal Loan Grievance Redressal
Customers can reach out to support via the following channels
Federal Bank – 1800-425-1199 / 1800-420-1199
Federal Bank – contact@federalbank.co.in
Details of Grievance Redressal Officers
The details of Grievance redressal officers are:
GRO (Bank) Name – Mr. Nikhil A
GRO (Bank)Email – dlcare@federalbank.co.in
GRO (Bank) Phone No – 0484 6147400
Bank Website Link: https://www.federalbank.co.in/digital-personal-loans-paisa-bazaar