Pre-approved Personal Loan – Terms and Conditions

  1. “Offer”  refers to the Pre-approved Personal Loan offer extended by Federal Bank to eligible customers.
  2. Only customers who have received specific communication from Federal Bank (via email, SMS, WhatsApp, etc.) regarding this offer are eligible to apply.
  3. The loan amount, interest rate, and tenure mentioned in the offer may vary based on the customer’s eligibility as per the Bank’s internal policies.
  4. Participation in this offer does not guarantee loan approval. Final sanction is subject to verification and fulfilment of the Bank’s criteria.
  5. Eligibility is determined solely by Federal Bank, which reserves the right to modify, withdraw, or change its eligibility criteria at any time without prior notice.
  6. Participation in this offer is entirely voluntary.
  7. The offer is valid for a limited period only.
  8. The expiry date of the offer will be mentioned in the communication sent to the eligible customer (email, SMS, WhatsApp, Push Notification, etc.).
  9. The offer is non-transferable and cannot be exchanged for cash or any other benefit.
  10. To know more about the Personal Loan features, Terms & Conditions, and applicable charges, please click here.
  11. Federal Bank reserves the right to cancel, change, modify, add, or delete any of the terms and conditions of the offer at any time without prior notice.
  12. Federal Bank reserves the right to terminate the offer at any time without prior notice.
  13. Federal Bank may deny honoring the offer in cases of suspected fraud, misuse, or abuse of the offer without providing any explanation.
  14. All disputes shall be subject to the exclusive jurisdiction of the competent courts/tribunals in Mumbai.
  15. All communications or queries related to this offer should be directed to contact@federalbank.co.in or 1800-425-1199
  16. In all matters related to the Pre-approved Personal Loan offer, the decision of Federal Bank shall be final and binding.
  17. These Terms are in addition to and not in substitution of the General Terms and Conditions governing Federal Bank Personal Loans. All capitalized terms used but not defined herein shall have the meanings ascribed in the General Terms and Conditions.
  18. Federal Bank shall not be liable for any loss, damage, or claim arising out of the use of loan proceeds or services availed under this offer.
  19. The offer is subject to applicable Indian laws and any other terms and conditions stipulated by Federal Bank.
  20. Any customer availing the offer shall be deemed to have read, understood, and accepted these terms and conditions along with the general terms and conditions of the Bank.