Federal Bank offers personal loans to eligible individuals based on certain eligibility criteria. You can check your personal loan eligibility for Federal Bank by using their online personal loan eligibility calculator. Here are the steps to use the calculator:
- Visit the official website of Federal Bank (www.federalbank.co.in).
- Go to the ‘Loans’ section and click on ‘Personal Loans’ or visit the following link: https://www.federalbank.co.in/loans-and-mortgages/personal-loans
- Under the Personal Loans section, click on ‘Personal Loan Eligibility Calculator’ or visit the following link: https://www.federalbank.co.in/loans-and-mortgages/personal-loans/personal-loan-eligibility-calculator
- Enter your date of birth, net monthly income, city of residence, existing EMI (if any), and loan amount you wish to apply for.
- Click on ‘Check Eligibility’ to calculate your eligibility.
Once you submit the above details, the calculator will assess your eligibility based on the information provided. The results will indicate whether you are eligible for a personal loan from Federal Bank and if yes, the loan amount that you are eligible for. Please note that this is only an estimate and actual eligibility and loan amount may vary based on various other factors such as credit score, credit history, employment stability, etc.
