FedBank Finance Business Loan

Here are a few factors

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Location 85 Km from Branch
CIBIL Score 680+
Processing Offline
Business Vintage 3 Year
Minimum Turnover 1Cr+
Loan Amount & Tenure 10 Lac-50 Lac
(12 month to 36 month)
Loan Product Term Loan
Rate of Interest & Type 16% to 18% (Reducing)
TAT Sanction-5 Days
Disbursement-7 Days
Processing Fees 2%
Foreclosure Charges 4%
Applicant Type Any Self Employed Person
Whether Co-Applicant Mandatory Mandatory
Proprietor Age/Co-Applicant Age 25 Year-65 Year
Part Payment Allowed No
Whether Ownership Proof Required Yes, either office or residence one should be owned within any Branch Jurisdiction
Business Registration Proof Mandatory Yes
Program Banking Program-30 Lac, Income Program-50 Lac
Product for Professionals No
Negative Profile Grain Traders, Advocates, Jewellers,Share Traders, Liquor Business, Iron & Steel, Auto Mobile, Real Estate
USP 1. Funding to School
Additional 1. Minimum 51% Shareholding required on Loan if applicant is LLP/Partnership firm/Company
2. Travel, Civil Contractors, Gym is catious profile

FedBank Finance Business Loan EMI Calculator

Interest Type

Loan Amount

Interest Rate


Loan Tenure

Loan Amount100,000
Interest %17 %
Tenure (months)12
Emi (monthly)9,120
Total Interest9,446
Loan Amount + Interest109,446
YearTotal Principal
( A )
Total Interest
( B )
( A + B)
Total Payment Loan Paid Till Date (%)
23,4383,92227,36076,56223.44 %
Oct7,7031,4179,12092,2977.70 %
Nov7,8121,3089,12084,48515.52 %
Dec7,9231,1979,12076,56223.44 %
76,5545,52682,080899.99 %
Jan8,0351,0859,12068,52731.47 %
Feb8,1499719,12060,37839.62 %
Mar8,2658559,12052,11347.89 %
Apr8,3827389,12043,73156.27 %
May8,5006209,12035,23164.77 %
Jun8,6214999,12026,61073.39 %
Jul8,7433779,12017,86782.13 %
Aug8,8672539,1209,00091.00 %
Sep8,9921289,120899.99 %
Right Documents - Easy Process

Required Documents to Apply for FedBank Finance Business Loans

  • KYC of applicant & Co-Applicant
  • Last 3 year ITR with computation of income of applicant & co-applicant
  • Last 3 year audited balance sheet of applicant
  • Last 3 year Tax audit report of applicant
  • Last 12 month Bank Statement of applicant & co-applicant
  • 26AS of last 2 year of applicant & co-applicant
  • Copy of GST registration
  • Copy of MSME registration
  • Copy of Last 12 month GST return
  • Sanction letter of all running loan
  • Debt Sheet
  • Latest utility Bill of residence if owned or rent agreement if rented
  • Latest utility Bill of Office if owned or rent agreement if rented
  • 2 Reference with contact details
  • Last 3 year Debtors & Creditors on letter head
  • List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP

Note : FedBank Finance Business Loan may ask for additional documents based on the applicant’s profile. The above list is for reference purposes only.

Some Important Points

1. KYC Means If Applicant is
  • Company-MOA, AOA, COI , PAN Card
  • Partnership Firm/LLP- Partnership Deed & PAN Card
  • Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
For Co-Applicant
  • KYC means  Adhaar Card, PAN Card, Passport Size Photo
Co-Applicant means in case of
  • Company : Directors
  • Partnership firm/LLP : Partners
  • Proprietorship Firm : Spouse of Proprietor
2. If applicant is professional, then his professional degree is required

About FedBank Finance Business Loan

Are you an entrepreneur with big dreams and a vision to take your company to new heights? Look no further, because FedBank Finance Business Loan is here as your progress partner. FedBank Finance's business loan product is intended to offer the financial impetus you need to turn your ideas into reality, with a dedication to powering your goals.

FedBank Finance recognizes that each company's journey is unique. Whether you have a new business or an established one, the business loan is designed according to your individual requirements. It believes that your aspirations deserve the resources they need to succeed, and that is exactly what FedBank provides: a pathway to finance that enables innovation, development, and growth.

Here are a few factors about FedBank Finance

FedBank Finance, formerly known as Ratnakar Bank, is an Indian private sector bank. It offers services across six verticals: corporate and institutional banking, commercial banking, branch and business banking, retail assets, development banking and financial inclusion, treasury and financial market operations. To meet short-term funding and working capital needs, FedBank Finance provides completely secured business loans. You can obtain money from the bank to expand your firm. The maximum loan amount granted by the FedBank Finance is up to Rs. 50 lakh with a repayment period of up to 36 months, and the interest rate on business loans ranges from 16% to 18% p.a. If you are looking to grow your business without worrying about the finances, then Fed Bank Business Loan is your way to go! You can easily avail of a business loan from FedBank Finance which is well supported by their dedicated team and staffs. They offer the most competitive interest rates in the market with a hassle-free documentation process. So, moving ahead let’s explore and find more about FedBank Finance Business Loan.
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

Leave Your Question


FedBank Finance Business Loan is a financial product offered by FedBank Finance (Fedfina), a subsidiary of the Federal Bank. It provides business loans including gold loans, home loans, and loans against property. The loans are structured to accommodate different financial needs of businesses.

 Interest rates for FedBank Finance Business Loans start from 16% per annum. The exact rate is determined based on various factors like loan type, loan amount, repayment tenure, the applicant's credit score, and other relevant parameters.

 The eligibility for a FedBank Finance Business Loan varies with the loan type and scheme opted for. Some general eligibility criteria include: the applicant can be an individual, a self-employed professional, an MSME, or a business entity engaged in trade, service, or manufacturing sectors. The minimum annual turnover ranges min Rs. 1 crore based on the type of loan. The applicant is required to have a minimum credit score of 680, and their business should display a stable performance with positive cash flows and profitability.

The documentation for a FedBank Finance Business Loan can vary depending on the loan type and scheme. Common documents required include KYC documents, proof of business, financial statements, and, for some loan types, property documents or gold ornaments/liquid securities.

You can apply for a FedBank Finance Business Loan either online or offline. The online application involves visiting Fedfina's official website, filling out the application form, and uploading necessary documents. The offline method requires visiting the nearest Fedfina or Federal Bank branch and submitting a physical application along with required documents.

The processing time for FedBank Finance Business Loans can differ depending on the loan type and chosen scheme, but generally, it takes between 24 hours to 7 days for the loan approval and disbursement process.

 Repayment options for a FedBank Finance Business Loan can differ based on the loan type and chosen scheme. Common repayment methods include EMIs via post-dated cheques (PDCs), electronic clearing service (ECS), or standing instructions (SI). There's also the option of a bullet payment at the end of the loan tenure, or part payment or prepayment as per the terms and conditions of the loan agreement.

 Yes, there are additional charges for a FedBank Finance Business Loan which can vary depending on the loan type and chosen scheme. These include a processing fee, prepayment penalty, late payment penalty, cheque bounce charges, and documentation charges.

 You can check the status of your FedBank Finance Business Loan application online by visiting the official Fedfina website and entering your application number and mobile number. Alternatively, you can call Fedfina's or Federal Bank's customer care number and provide your application details.

You can contact the FedBank Finance customer care through various channels including a toll-free number, email, WhatsApp, online chat on their website, or by visiting a branch.

 The FedBank Finance Business Loan offers a range of benefits including attractive interest rates, high loan-to-value ratios, flexible loan tenures, minimal documentation, quick processing, and personalized customer service.

 Some drawbacks of a FedBank Finance Business Loan include high processing fees and prepayment penalties, a high late payment penalty, and a limited branch network compared to other banks and NBFCs.

 Alternatives to a FedBank Finance Business Loan include HDFC Bank Business Loan, Bajaj Finserv Business Loan, and ICICI Bank Business Loan.

 You can calculate your EMI for a FedBank Finance Business Loan using the EMI calculator available on the official Fedfina website. Enter your loan amount, interest rate, and loan tenure to calculate your EMI.

 To foreclose your FedBank Finance Business Loan, you need to pay the outstanding amount along with any prepayment penalty and other charges as per the terms of your loan agreement. You can visit your nearest Fedfina or Federal Bank branch and submit a foreclosure request.

You can get a top-up loan on your existing FedBank Finance Business Loan if you have a good repayment history and credit score. You can visit your nearest Fedfina or Federal Bank branch and submit a request for a top-up loan.