65 Lakh Home Loan Federal Bank

Federal Bank offers home loan solutions according to your needs, providing access to funds up to 65 lakhs for purchasing your dream home. With Federal Bank, you can confidently start your homeownership journey, benefiting from competitive interest rates and flexible repayment options.

Whether you are a first-time homebuyer or looking to upgrade to a larger property, Federal Bank's 65 lakhs home loan is designed to accommodate diverse requirements. The bank understands the importance of finding the perfect home, and its financing solutions aim to make this process smoother.

Federal Bank's home loan process is hassle-free and efficient, ensuring a smooth experience from application to loan disbursement. Additionally, the bank offers personalised assistance throughout the process, guiding you to make informed decisions at every step.

65 Lakh Home Loan Federal Bank – Highlights

The following table shows the interest rates applicable to a home loan of 65 lakh provided by the Federal Bank, accompanied by additional factors.

65 Lakh Home Loan EMI for 10 Years Federal Bank

The following table shows the EMI for a 65 Lakh home loan for 10 years at Federal Bank:

65 Lakh Home Loan EMI for 20 Years Federal Bank

The following table shows the EMI for a 65 lakh home loan EMI for 20 years at Federal Bank:

65 Lakh Federal Bank Home Loan – Fees and Charges

Look at the fees and charges for a 65 Lakh home loan at Federal Bank:

65 Lakh Federal Bank Home Loan – Documents Required

The following list shows the documents required for a 65 Lakh Federal Bank Home Loan:

• Acceptable identity proofs: Passport, Voter’s ID, Driving License, PAN Card, or Aadhaar Card.
• Address proofs can be a Passport, Voter’s ID, Driving License, or Aadhaar Card.
• NRI applicants must provide certified copies of passports, visas, Work Permit, and ID card.

For Salaried Individuals

• A recent salary certificate/slip for the past 3 months is required.
• Copies of Income Tax returns for the last 2 years/Form No.16 are needed.
• Bank account statements for the last 6 months showing salary credits.

For Self-Employed

• Evidence of business existence & business profile are necessary.
• Bank account statements for the last 12 months are required.
• Income Tax returns for 2 years along with Balance Sheet, Profit & Loss Account, and Tax paid challans needed.
• The last 2 years’ Income Tax returns are supported by Tax calculation sheets and Tax paid challans necessary.

65 Lakh Federal Bank Home Loan – Eligibility Criteria

The following are the eligibility criteria for a 65 Lakh Federal Bank Home Loan:

• Property in India is required as collateral for the loan.
• A valid PIO Card and foreign passport are mandatory.
• Loan application must include a close relative residing in India.
• The loan applicants’ age limit should not exceed 55 at loan maturity.
• Minimum monthly income requirement: Rs. 50,000.