Federal Bank has launched federalinstaloans.com to facilitate quick and hassle-free credit approvals. Micro, Small & Medium enterprises (MSMEs) across India can avail up to Rs 50 lakh.
Loans available in less time
The platform enables borrowers to avail loans in less than 30 minutes. It also uses algorithms to read and analyse data points. Loan will be made available after the documentation process gets completed. The MSME borrowers have the liberty to choose their Federal Bank branch for the loan approval.
