2 Crore Home Loan Federal Bank

Considering a ₹2 crore home loan from Federal Bank? Look no further. Federal Bank is here to make your dream home a reality. With competitive interest rates and flexible repayment options, get monetary solutions that fit your needs. Federal Bank’s simple application process ensures convenience, while their supportive team guides you every step of the way. Whether you are a first-time buyer or an experienced homeowner, Federal Bank is your trusted partner in achieving homeownership. Don't wait any longer. Take the first step toward your dream home today with Federal Bank by your side.

2 Crore Home Loan Federal Bank – Highlights

The following table displays the interest rates for a 2 crore home loan offered by Federal Bank and other additional highlights:

2 Crore Home Loan EMI for 10 Years Federal Bank

The table below helps you calculate the EMI for a 2 Crore home loan for 10 years at Federal Bank:

2 Crore Home Loan EMI for 20 Years Federal Bank

The table below assists you in calculating the EMI for a 2 Crore home loan EMI for 20 years at Federal Bank:

2 Crore Federal Bank Home Loan – Fees and Charges

Let’s examine the fees and charges associated with a 2 crore home loan from Federal Bank.

2 Crore Federal Bank Home Loan – Documents Required

The following documents are required to obtain a 2 crore Federal Bank Home Loan:

For All Applicants

• Submit two passport-sized photographs
• Provide one of the following identity proofs: Passport, Voter’s ID, Driving License, PAN Card, or Aadhaar Card.
• You can use a passport, Voter’s ID, Driving License, or Aadhaar Card for address verification.
• You can use a passport, Birth Certificate, Driving License, SSLC, or AISSE Certificate to verify your age.

For NRI Applicants

• Submit certified copies of your Passport, Visa, Work Permit, and ID card.

For Salaried Individuals

• Provide recent salary certificates or slips for the past 3 months.
• Submit copies of Income Tax returns for the last 2 years/Form No.16.
• Provide bank account statements from the previous 6 months showing salary credits.

For Self-Employed Individuals

• Present evidence of business existence and a business profile.
• Provide bank account statements from the last 12 months.
• Submit Income Tax returns for 2 years, along with Balance Sheet, Profit & Loss Account, and Tax paid challans.
• Ensure the last 2 years Income Tax returns are supported by a Tax calculation sheet and tax-paid challans.

2 Crore Federal Bank Home Loan – Eligibility Criteria

Here are the eligibility requirements for a 2 crore Federal Bank Home Loan:

• Collateral in the form of property located in India is necessary.
• A valid PIO Card and foreign passport are mandatory.
• The loan application must list a close relative currently residing in India.
• Loan applicants should not exceed the age limit of 55 at the time of loan maturity.
• A minimum monthly income of Rs. 50,000 is required.