FedPremia, Federal Easy Cash, Federal Shubh Yatra 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.
The Federal Bank Personal Loan eligibility requirements vary slightly depending on the form of personal loan chosen. The following are important details:
1. For a FedPremia personal loan
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 Shubh Yatra Loan (For Travelling)
4. For a Bon Voyage Loan from the Federal Bank (For Relocating to Abroad for Work)