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Federal Bank Personal Loan Eligibility Criteria

Federal Bank offers best personal loan at minimum interest rate. To get personal loan, person needs to fulfill some minor eligibility criteria. Few points about Federal Bank personal loan eligibility criteria are- Applicant must be the resident of India, Age must be between 21 to 60 years, Applicant has to maintain 750 CIBIL score, Minimum monthly income 25,000, Available loan tenure upto 60 months.<br><br>https://www.afinoz.com/federal-bank/personal-loan-eligibility-criteria

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Federal Bank Personal Loan Eligibility Criteria

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  1. Description FedPremia, Federal Easy Cash, Federal ShubhYatra Loan, and Federal Bon Voyage Loan are four forms of personal loans offered by Federal Bank to meet the various personal needs of different individuals. These loans, which have disbursals of up to Rs. 25 lakhs, ensure that emergencies such as a medical problem, wedding, holiday, home renovation, debt consolidation, and so on are managed without delay.

  2. Federal Bank Personal Loan Eligibility Criteria The Federal Bank Personal Loan eligibility requirements vary slightly depending on the form of personal loan chosen. The following are important details: • For a FedPremia personal loan  • You must be a salaried employee. • A minimum monthly income of Rs. 25,000 is needed. • When your term expires, you should be no older than 60 years old. • You should have been with your new company for at least three years. 2. For a Fed-E-Credit personal loan • You must be a citizen, a non-resident, or a PIO (Person of Indian Origin) 3. For a Federal Bank ShubhYatra Loan (For Travelling) • You must be a local resident. • You must be a salaried employee with a monthly base salary of at least Rs. 2000. • You must provide Federal Bank with adequate protection.

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