FI MONEY PERSONAL LOAN: FI MONEY is an online digital banking application. This application has been launched by Federal Bank. Through FI MONEY, you can take a personal loan from ₹ 50000 to 5 lakh rupees. You can use this loan for any of your personal and private work. You can use it for medical emergency, higher education, marriage, traveling and other personal work.
What is FI Money Personal Loan?
FI MONEY PERSONAL LOAN is a banking application. Which has been launched by Federal Bank. Using this application, apart from banking services, you can avail services like money transfer, mutual fund, insurance, bank FD and many more. Through FI MONEY application, you can get a personal loan from ₹ 5000 to 5 lakh rupees according to your requirement. You can repay this loan for a tenure of 6 months to 5 years.
FEATURES OF FI MONEY PERSONAL LOAN
- Through this application you can get personal loan starting from ₹5000 to ₹5 lakh.
- Through FI MONEY PERSONAL LOAN you can apply online from the comfort of your home.
- Interest rate of FI MONEY PERSONAL LOAN starts from 2% to 3% per month.
- You can use this personal loan for any of your personal work.
- You can repay FI MONEY PERSONAL LOAN for up to 5 years tenure.
- The applicant does not have to pay any kind of hidden charges.
Eligibility for FI MONEY PERSONAL LOAN
- The applicant for FI MONEY PERSONAL LOAN must be a permanent citizen of India.
- Applicant’s salary should be more than 22000.
- The age of the applicant should be between 21 years to 58 years.
- Applicant must have an active mobile number linked in his/her Aadhaar card.
- The applicant should not be a defaulter of any bank or financial institution.
- The civil score of the applicant should be more than 730.
- The applicant must have an active bank account.
Documents Required for FI MONEY PERSONAL LOAN
- Aadhar card
- PAN card
- Voter ID
- Driving License
- Income Certificate
- Bank statement for last 3 months
- Last 3 months salary slip
- Passport size photo of the applicant
- Mobile Number
FI MONEY PERSONAL LOAN Personal Loan Interest Rate
FI MONEY applied by Federal Bank provides personal loan to its customers at a very attractive interest rate. The interest rate of FI MONEY PERSONAL LOAN ranges from 12% to 20% per annum. Apart from this, the interest rate of FI MONEY PERSONAL LOAN depends on the CIBIL score and income of the applicant. FI MONEY PERSONAL LOAN processing fee is 2% to 3%.
ONLINE APPLICATION PROCEDURE FOR FI MONEY PERSONAL LOAN
- First of all you have to install FI MONEY app in your smartphone from Google Play Store .
- After this you have to sign up in FI MONEY loan app.
- After this, login to FI MONEY app by entering user ID and password.
- After this, the option of Get Instant Loan has to be selected.
- Now a new page will open in front of you. In which you have to enter all the basic details asked by the FI MONEY PERSONAL LOAN app.
- After this, loan limit will be offered by FI MONEY according to your credit score.
- To avail these loan limits, you have to click on the Apply Online button.
- After this a new page will open in front of you.
- In which all the information asked for FI MONEY loan has to be entered.
- After this you have to upload some necessary documents.
- KYC process has to be completed through Aadhar card OTP.
- After this, e-mandate for loan payment has to be set and submitted.
- After completion of all the process, your application form will be verified by FI MONEY.
- After this your loan will be approved. That loan amount will be transferred directly to your bank account.