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Home / Finance / Personal Loan / What is Federal Bank Personal Loan Interest Rate?
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What is Federal Bank Personal Loan Interest Rate?

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9 months

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My friend availed a personal loan from Federal Bank so when I planned to avail one, I went to her for some suggestions. I wanted to know about the Federal Bank personal loan interest rate, application process, and other details, and I learned everything from her. It seems you are also planning to avail a personal loan from Federal Bank, so let me share the details here.

What is the Federal Bank Personal Loan Rate of Interest?

The personal loan interest rate federal bank

starts at 11.49%, which can go up to 14.49%

based on one’s creditworthiness and other factors. You can visit the

Federal Bank’s official website

to learn about it in detail. 

Federal Bank Personal Loan Applying Documents Online

The documents that you will need to apply for a personal loan in the Federal Bank are:

  • Identity Proof (Passport/Voter/Aadhar etc.)

  • Address Proof

  • PAN Card

  • Passport Size Photographs

  • Salary certificate/last 3 months salary slip

  • Fprm 16/Income Tax Return 

  • Last 6 months salary account statement

  • Loan application form duly signed

You can get a loan amount of a maximum of Rs 25 lakh and a maximum tenure of 60 months. My friend mentioned that she had never faced any issues with the bank so like me, you can definitely opt for Federal Bank.

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