| Interest rate | 12.00% - 22.50% p.a. |
| Loan amount | Rs. 50,000 - Rs. 5 lakh |
| Loan tenure | 1 - 4 months |
| Processing fee | 1.99% - 3.99% of loan amount |
| Foreclosure charges | Nil |
Federal Bank Marriage Loan

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Federal Bank Marriage Loan Highlights
Federal Bank Marriage Loan Overview
Does Federal Bank Offer a Separate Marriage Loan?
Federal Bank does not offer any separate marriage loan scheme for its applicants. Individuals can avail the Fed Premia personal loan scheme from Federal Bank to meet their wedding-related expenses, including venue booking, catering, decoration, shopping, jewellery, photography, videography, wedding planning, accommodations, etc.
Federal Bank Marriage Loan Interest Rate
Individuals applying for a Federal Bank marriage loan through Paisabazaar are offered interest rates ranging between 12.00% and 22.50% p.a. The bank sets its personal loan interest rate after factoring in the credit score, monthly income, job profile, employer’s profile, etc. of the applicants.
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Federal Bank Marriage Loan Eligibility
Below-mentioned is the eligibility criteria set by Federal Bank for its marriage loan applicants.
| Eligibility criteria | Details |
|---|---|
| Nationality | Indian |
| Job profile | Salaried |
| Age | 21 - 55 years |
Documents Required
Federal Bank marriage loan applicants applying through Paisabazaar should have the following documents handy during loan application:
Federal Bank Marriage Loan Fees & Charges
| Particulars | Charges |
|---|---|
| Processing fee | 1.99% - 3.99% of loan amount |
| Foreclosure charges | Nil |
| NeSL reporting charges | Rs. 29.50% |
How to Apply for Federal Bank Marriage Loan
You can apply for a Federal Bank marriage loan through Paisabazaar in the following steps:
Why Apply Through Paisabazaar?
You should apply personal loan online through Paisabazaar for the following reasons:
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FAQs
Does Federal Bank offer a marriage loan?
No, Federal Bank does not offer a separate marriage loan to its applicants. Prospective borrowers can avail regular personal loans to meet their marriage-related expenses.
Can I use a Federal Bank Personal Loan for marriage?
Yes, you can use Federal Bank personal loan proceeds to meet their wedding related expenses.
Who can apply for Federal Bank marriage loan?
Salaried individuals between 21 and 55 years of age can apply for a Federal Bank marriage loan.
What is the interest rate of Federal Bank marriage loan?
The interest rate of Federal Bank marriage loan ranges between 12% and 22.50% p.a. depending on the credit profile of the applicants.
How much would be the EMI for Rs. 5 lakh wedding loan availed at 12% p.a. for 4 years?
The EMI for a Rs. 5 lakh wedding loan availed at 12% p.a. for 4 years would be Rs. 13,167.
How to calculate Federal Bank marriage loan EMI?
You can calculate Federal Bank marriage loan EMI using Paisabazaar’s Personal Loan Eligibility Calculator.
Personal Loan Articles
View All ArticlesPaisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.
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Get up to ₹50 Lakhs starting at 9.99%*
Get up to ₹50 Lakhs starting at 9.99%*







