| Introduction |
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| Federal bank offers home loan for all purposes including Purchase/Construction of House/flat, Reimbursement of cost of house/flat already constructed/purchased, Purchase of land with house and Purchase of land for subsequent construction of house. Bank gives loan to Indian citizens as well as NRIs. It has a home loan plus scheme for existing housing loan customers at concessional interest rates. There is another option of take over of housing loans from other banks at low interest rates without any fresh legal opinion and simple formalities. |
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| Highlights |
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| Interest Rate |
0% |
| Loan Amount |
Min. – Rs 100000
Max. – Rs 30000000 |
| Time to Process Loan |
7 days |
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| Interest Rates |
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| Tenure |
Interest Type |
Interest Rate |
Offer |
| 20 – 25 Yrs. |
Floating |
8.5 % |
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| 15 – 20 Yrs. |
Floating |
8.5 % |
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| 10 – 15 Yrs. |
Floating |
8.5 % |
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| 5 – 10 Yrs. |
Floating |
8.25 % |
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| 1 – 5 Yrs. |
Floating |
8.25 % |
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| 15 – 20 Yrs. |
Fixed |
9.5 % |
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| 10 – 15 Yrs. |
Fixed |
9.5 % |
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| 5 – 10 Yrs. |
Fixed |
9.25 % |
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| 1 – 5 Yrs. |
Fixed |
9.25 % |
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| Fees & charges
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| Special Offers |
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Purchase/Construction of House/flat
Reimbursement of cost of house/flat already constructed/purchased
Purchase of land and with house
Purchase of land for subsequent construction of house |
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