- Federal Bank provides you with loan against your deposits with the bank to meet your urgent and unforeseen personal expenses.
- You can avail loan up to 90% of the deposit amount
- Loans are provided against Fixed Deposits, Cash Certificate and Recurring deposits.
- Loans are granted only against those deposits, which are free from lien, restraint or encumbrance and not standing in the names of minors.
- You can obtain loans against deposits maintained with another branch too. While availing the loan, the deposit receipts/ certificates shall be submitted to the branch disbursing the loan.
How to avail the loan?
- To avail the loan, please visit any of our branches.