Fedbank Home Loan
Fedbank Home Loan
Fedbank Financial Services Ltd., also known as Fedfina, is a non-banking financial company helping aspiring homeowners buy a home. With 609 branches across the country, Fedbank offers convenient financial services to eligible applicants, and the Fedbank Home Loan starts at an interest rate of 19.00% per annum with repayment over a duration of up to 20 years.
Fedbank Home Loan
Doorstep Service in Your Language
Our team comes to you and explains every step in the language you are comfortable with.
Salaried or Self-Employed, Both Covered
Fedbank lends to both profiles, and we match you to the scheme that suits your income type.
609 Branches Across India
Fedbank has a wide branch network, and we help you reach the right one without the running around.
One Relationship Manager, Start to Finish
A dedicated BASIC expert handles your file end to end, not a rotating call centre.
Fedbank Home Loan EMI Calculator
Your Monthly EMI
₹ 77,530
Total Principal
₹ 1,00,00,000
Total Interest
₹ 86,07,174
Total Payable
₹ 1,86,07,174
Fedbank Home Loan Key Highlights
Get the lowest interest rates with Fedbank Home Loan
Loan Amount: Up to 90% of the property value
Rate of Interest: 19.00% per annum
Processing Fee: Up to 2.5% of the principal loan amount + taxes
Maximum Tenure for Repayment: 20 years
Rate Packages: Fixed / Floating
Charges for Prepayment/Foreclosure: Up to 6% of the outstanding loan amount + taxes
Fedbank Home Loan Interest Rates in 2026
Fedfina Financial Services Ltd. offers home loans with faster disbursement and easy repayment options. Fedbank home loans start from Rs. 5 lakh and the maximum amount an eligible borrower can get is up to 90% of the property value. The table below gives you a clear idea of the Fedbank home loan interest rates in 2026:
| Loan Slab | Interest Rate for Home Loan |
|---|---|
| Home Purchase Loan | Starting at 19.00% per annum (salaried / self-employed) |
| Plot Purchase and Construction Home Loan | Starting at 19.00% per annum (salaried / self-employed) |
| Home Improvement Loan | Starting at 19.00% per annum (salaried / self-employed) |
| Home Construction Loan | Starting at 19.00% per annum (salaried / self-employed) |
| Balance Transfer Home Loan | Starting at 19.00% per annum (salaried / self-employed) |
| Top-Up Home Loan | Starting at 19.00% per annum (salaried / self-employed) |
Fedbank Home Loan Eligibility Criteria
To get a Fedbank home loan, an applicant needs to fulfil its eligibility criteria. This includes general KYC information such as age, income, credit history and nationality. The table below sets out the Fedbank home loan eligibility criteria in detail:
For Salaried Individuals
Age Range (in years)
21-60 years
Nationality
Indian residents
Minimum Income Earned
Rs. 25,000 per month
For Self-Employed Individuals
Age Range (in years)
21-60 years
Nationality
Indian residents
Minimum Income Earned
Rs. 25,000 per month
Fedbank Home Loan Processing Fee and Charges
Every bank or NBFC charges a processing fee to process a home loan application and meet the expenses of the procedure. Fedfina Financial Services Ltd. charges a processing fee of up to 2.5% of the loan amount plus taxes. The table below sets out the latest Fedbank home loan processing fees and charges:
| Processing Fee | Up to 2.50% of the loan amount + taxes or Rs. 5,000, whichever is higher |
| Late Payment Charges | 3% per month |
| Cheque Bounce Charges | Rs. 750 + taxes |
| Cheque Swap Charges | Rs. 500 + taxes |
| Document Retrieval Charges | Rs. 500 + taxes |
| Non-Issuance Charges | Rs. 500 + taxes |
| Loan Cancellation Charges | Rs. 2,000 + taxes + interest from the disbursement date till the cancellation request |
| Loan Switch Charges | 1% of the outstanding loan + taxes |
| Loan Rescheduling Charges | 0.25% of the outstanding loan + taxes |
| Prepayment Charges | Up to 6% of the outstanding loan + taxes |
Fedbank Home Loan Schemes and Top Plans
Fedfina Financial Services Ltd. understands the varied needs of home loan borrowers. Some want to buy a plot and construct a home, others simply want to improve an existing one. Keeping these needs in mind, Fedbank offers different types of housing loan schemes:
- Ideal housing loan scheme for the purchase of a new home
- Loans starting at Rs. 5 lakh
- Maximum loan tenure of up to 20 years
- Best suited to construct a home on a residential plot
- Maximum loan tenure of up to 20 years
- Easy repayment options
- Suitable for investing in a plot and constructing a home on it within a limited time
- Maximum loan tenure of up to 20 years
- Easy repayment options
- Best housing loan scheme to improve an existing home through flooring, painting, plumbing, carpentry and similar work
- Maximum loan tenure of up to 20 years
- Easy repayment options
- Flexible way to shift an outstanding loan amount from another lender to Fedbank
- Affordable interest rates
- Easy repayment options
- Easy way to get additional finance on top of your home loan amount
- Maximum loan tenure of up to 20 years
- Easy repayment options
* Note: All of the above home loan plans are made available to applicants solely at the discretion of Fedbank, taking into consideration the earning and repayment capacity of the applicant.
Documents Required for Fedbank Home Loan
When applying for a housing loan, borrowers need to provide a range of documents to support their application and demonstrate financial stability. These include proof of identity, address, income and property. The Fedbank home loan documents list is presented below:
| Proof of Income |
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| Other Required Documents |
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| Proof of Income |
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| Other Required Documents |
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| Identity & Address Proof |
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| Documents Related to Property |
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Apply for a Fedbank Home Loan Through BASIC Home Loan
The Fedbank home loan application is simple and can be completed from anywhere by following these steps:
Apply Now on the BASIC Website
Head to the APPLY NOW section on the BASIC Home Loan website.
Share Your Requirement
Enter your name, contact number, loan amount and pincode, then submit the form.
We Take It Forward With Fedbank
A BASIC Home Loan expert checks your eligibility and assists you through the Fedfina home loan application procedure.
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