Fed Bank
Personal Loan

Applicant Type

Primarily for salaried individuals, supporting both private and public sector employees.

Employment

At least 3+ years of job continuity

Age Limit

21 – 60 years (at loan maturity)

Minimum Income

Minimum ₹25,000 per month (varies by city & profile)

Loan Amount

Maximum Loan amount of Rs.25 Lakh

Credit Score

A good CIBIL score (700+) is preferred for quick approval

USP

Multiple loan options: branch-based (FedPremia), fully digital, and platform-based

Documents Required

    • KYC documents

      • Proof of Identity (Passport / Voters ID card/ Driving License/PAN Card) 
      • Address Proof (Ration card Tel/ Electricity Bill/ Lease agreement/ Passport)
      • Copy of PAN Card
      • Latest Passport size photo of the applicant (2 copies)

      Income documents

      • Latest salary certificate/Last 3 months salary slips
      • Form 16/Income Tax Returns( last 2 years)
      • Last 6 months salary account statement
      • Loan application form duly signed