Loan Details

Federal Bank - Consumer Loan

General
Institution name:

Product Name:

Consumer Loan

Purpose:

Resident

Loan Details
Loan Type:

Consumer Loan

Amount Requested:

Rs.100,000

Loan Term:

36 months

EMI:

Rs.3,479

Total Interest:

Rs.25,236

Total to Repay:

Rs.125,236

Loan Payment Schedule

Interest Rates
Interest Rate:

15.25%

Eligibility

Eligibility Notes:

Individuals

Loan amount 10 times monthly salary or 60% of annual income

Max Amount Allowed (Salary):

10 x salary multiple

Other Loan Features
Loan Amount:

Rs. 0 to Rs.100,000

Duration:

1 to 60 months

Repayment:

Up to 60 months

Security:

Co-obligant/Collateral security

General:

Loan Purpose

To purchase consumer items including Bikes/ Scooters etc

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All rates and product information on this website are updated on a regular basis. Last update made 01 Sep 2010.

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