Home plus Loan

 Furnishing cum Beautification Loan

  • For meeting after construction expenses such as, compound wall, water tanks, consumer durables etc. provided these items not covered in original FHS loan.
  • Amount available - 20% of the original housing loan limit.
  • Only existing FHS/NRI Home customers are eligible.
  • Margin required is 25%.
  • Can be availed for the remaining period of the existing housing loan.
  • For rate of interest refer Rates & Interest Table.
  • Repayment can be in equal monthly installments (without cushion period).
  • Spouse should join as co-obligant.

Federal Special Vidya Loan. Take me there

  • For higher education of children.
  • Eligible only after repaying 12 monthly installments of housing loan promptly.
  • Interest Rate 1% less than the card rate for Federal Vidya Loan.

Privilege Personal Loan.

  • Can be availed for any personal purpose.
  • Amount - 50% of the original housing loan limit and maximum Rs 10 Lakhs.
  • Existing FHS/NRI Home customers of High income bracket (minimum 3 Lakh per annum) are eligible.
  • No margin is required.
  • Period - Remaining period of the existing housing loan
  • For rate of interest refer Rates & Interest Table (link).
  • Nature of Loan - Term loan.
  • Spouse should join as co-obligant.

Personal Loan. Take me there

  • Can be availed for any personal purpose.
  • Eligible only after repaying 12 monthly installments of housing loan promptly.
  • Interest Rate 1% less than the card rate for Federal Personal Loan.

Car Loan.Take me there

  • For purchasing new vehicles.
  • Eligible only after repaying 12 monthly installments of housing loan promptly.
  • Interest Rate 1% less than the card rate for Federal Personal Car Loan.