Federal Bank Car Loan

"Thanks Maxiloan. Without your support, it’s very tough for me." If You Give us 3 Days, We Will Arange Your Federal Bank Car Loan

We know, This Car Loan is how important for you. Getting a Car Loan from Federal Bank is a challenging process. If you apply for your Car Loan via Maxiloan and follow our loan expert instructions, you can get your Car Loan sanctioned from Federal Bank easier than you think and faster than you like.

Upto 50LLoan Amount
7Repay Years
9.40Intrest Rate %
2.0%Service Charges %

Low % interest

Free insurance

"0" Prepayment Charges

No-income document

Fast process

Federal Bank Car Loan

Want to buy a new/old car? The Axis Bank Car loan will help you buy a new car fast with an affordable interest rate. You can get the instant loan approval of 100% on-road price. With the help of MaxiLoan, you can buy your home loan without much more effort. Our experts will help you get your home loan in easy and fast.

Federal Bank Car Loan Interest Rate

Federal Bank offers Car Loan at various interest rates starting from 9.40 %. Interest rate is not fixed for everyone. The rate of interest will vary based on your business profile, fast track record, loan amount, and tenure.

Documents Required

Two passport-size photos
Identity Proof: Passport / Voters ID / Driving License/ PAN Card / Aadhaar Card
Address Proof: Passport / Voters ID / Driving License / Aadhaar Card
Age Proof: Passport / Birth Certificate / Driving License / SSLC or AISSE Certificate
Additional documents for NRI Customers - Certified copy of Passport, Visa, Work Permit, ID card
Resident Salaried
Three months Salary Slip
Copies of IT returns (2 years) or Form No.16 (2 years)
Latest six month's Bank Account statement
Resident Self Employed
Proof of Business existence & Business Profile
Last 12 months bank a/c statements
IT returns for 2 years supported by Balance Sheet, P&L Account for the past two years.

Expected income of the applicant
Minimum take-home salary Rs.20000
A spouse's income can be clubbed
Agricultural Income/Rental can be clubbed with regular income(minimum monthly income to be at least Rs.40,000, including agriculture income/rental income)
Period of the loan<
New Vehicles (other than two-wheelers) - 60 months
New Vehicles (for Salaried) - 84 months
Used Vehicles - 60 months
New two-wheelers - 48 months
Conditions for used vehicles
Depreciation using Straight Line Method @ 15% for the first year and @ 10% for subsequent years
Part of the year shall be counted as one year
Age of vehicle not more than three years
In the case of used vehicles 75 % on lower of depreciated /market/purchase value only eligible.

Federal Bank Car Loan Apply Online

You can apply for a Federal Bank Car Loan via Maxiloan. We will help you get an instant business loan from Federal Bank. Our Loan master's will help you get your Car Loan from start to end smoothly.

New Car Loan

Purpose: Buy a new car and fulfill your new car dream

Loan Amount: Rs.1 Lakh onward

Applicable car loan: Up to 100% on-road funding

Maximum Tenure: Up to 7 years

Used Car loan

Purpose: Buy an old car and fulfill your car dream

Loan Amount: Rs.1 Lakh onward

Applicable car loan: Up to 95% of the car valuation amount for sale-purchase of used car loan Up to 85% of the valuation amount for refinance loan

Maximum Tenure: Up to 5 years

Parallel Car Loan (Loan against Car)

Loan Amount: Rs.1 Lakh onwards

Applicable car loan: Pre-approved parallel loan offers for existing Axis Bank customers

Maximum Tenure: Up to 4 years

Balance Transfer and Top Up Car Loan

Loan Amount: Minimum Rs.1,00,000

Applicable car loan: Up to 150%* of the original loan amount as a top-up

Maximum Tenure: Up to 5 years

Your Nearest Federal bank Car Loan Branches

IFSC Code	Address	City
FDRL0001663	Ground Floor Supreme Square Near Shiv Sagar Hotel Dp Road Parihar Chowk Aundh Pin 411007	Pune
FDRL0001682	Aiswarya Towers C S T Road Santacruz East Maharastra Pin 400098	Mumbai
FDRL0001757	Shop No. F-21 1st Floor Ripplez Mall Plot Sector-7 Airoli Navi Mumbai Pin 400708	Mumbai
FDRL0001758	Ground Floor Centurion Shopping & Office Complex Plot No.88to91 Sector 19a Nerul(e) Pin 400706	Mumbai
FDRL0001767	Ground Floor Hari Vithal Plaza Survey No 14-1a Shivane Po Haveli Taluk Pin 411027	Pune
FDRL0001769	No.19 15th Cross 15th Main Sector Iv Hsr Layout Bangalore Pin 560102	Bangalore
FDRL0001775	Shop No: 7 & 8 Sun Magnetica Service Road Nr Lic Building Thane (w) Pin 400604	Mumbai
FDRL0001781	Sudhama No.299 100 Feet Ring Road 4th Phase 7th Block Banashankari 3rd Stag Bangalore Pin 560050	Bangalore
FDRL0001785	Deshmukh Estates Opp. Infocity Pune Saswad Road Phursungi Pin 412308	Pune
FDRL0001786	Chakan Hrishikesh Chambers Shivaji Chowk Chakan Talegaon Road Chakan Pin 410501	Pune
FDRL0001787	5-72 Pranava Lingam Enclave Bhavani Main Road Pin 638301	Erode
FDRL0001813	Door No 11-5-29b P.b Complex Angamuthu Gounde Nagar Mettur Main Road Mecheri Pin 636451	Salem
FDRL0001816	No.2-1-58a Omalur Main Road Konganapuram Pin 637102	Salem
FDRL0001827	U.d.n.altiusno.1315th Cross 100 Ft. Ring Road J.p.nagar 6th Phase Bangalore Pin 560078	Bangalore
FDRL0001875	No. 258-2 Bypass Erode Main Road Kodumudi Pin 638151	Erode
FDRL0001907	Golden Complex No 126 Sivagangai Road Melur Madurai Pin 625106	Madurai
FDRL0001933	No.39srp Koil Street North Street Tvk Nagar Perambur West Chennai, Pin 600110	Chennai
FDRL0001979	Shop Nos. 4 & 5 Round Flr Poonam Residenc Holy Cross Road Extn I.c Colony# Borivili West Pin 410501	Mumbai
FDRL0002094	D.no. 1-241 East Street Thuvariman Pin 625016	Madurai
FDRL0002095	Sy.no.26-12 Plot No.10 Sivadapuram Route Near Chemmanthittu Bus Stop Tirumalaigiri Pin 636307	Salem