Calculate your Federal Bank home loan EMI.
Use this calculator with Federal Bank's typical rate range. See your EMI, the principal-versus-interest split, and the tax-adjusted effective cost. Independent of Federal Bank — we don't sell loans or pass your details to anyone.
What this loan really looks like
The lifetime split is only part of the story. These show how the principal/interest mix shifts year by year, how slowly the balance falls, and the month your payment finally tips toward principal.
About Federal Bank home loans
Federal Bank, headquartered in Kerala, has a strong presence in South India and competitive home loan rates. The bank offers FedBook Selfie app integration for application tracking and is known for relatively fast turnaround.
Federal Bank home loan at a glance
| Typical rate range | 8.55% to 12.05% |
|---|---|
| Maximum tenure | 30 years |
| Maximum loan amount | up to ₹15 crore subject to repayment capacity and property value |
| Eligibility (age) | salaried minimum age 21, self-employed minimum age 24; maximum age at loan maturity 70 |
| Processing fee | 0.50% of loan amount (minimum ₹3,000) + GST |
Federal Bank home loan highlights
- FedHome — fully digital home loan application
- Pre-approved loans for existing salary account holders
- No prepayment charges on floating-rate loans
- Joint application allowed with spouse, parents, or siblings for higher eligibility
- NRI home loan products for non-resident Indians
Disclaimer: indiaemi.com is not affiliated with Federal Bank. The rate ranges, eligibility criteria, and other figures shown here are based on publicly available information and may change without notice. Always confirm current rates and terms directly with Federal Bank before making any loan decision.
Tax benefits apply equally — regardless of which bank
The Income Tax Act sections (24(b) and 80C) apply to all home loans from approved Indian banks and housing finance companies, under the old regime. (Section 80EEA is closed — it covered only loans sanctioned between 1 April 2019 and 31 March 2022.) — Federal Bank loans are no exception. The calculator above incorporates these benefits automatically. For more on home loan tax benefits, see our how EMI works and glossary pages.
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Sources & standards
Every regulated figure on this page, what it is, and the primary source it comes from. Two Acts are live: the Income-tax Act, 1961 governs FY 2025-26 — the return being filed now — while the Income-tax Act, 2025 governs FY 2026-27 onward. The amounts are unchanged; only the section numbers moved.
| What | Current value | Source | Verified |
|---|---|---|---|
| Interest deduction cap — self-occupied property | ₹2,00,000/yr | Income-tax Act, 1961 — s.24(b) (FY 2025-26 & earlier) Income-tax Act, 2025 — s.22(1)(b) & (c); cap in s.22(2) (in force 1 Apr 2026) | 2026-07 |
| Principal repayment deduction cap (shared with EPF, PPF, ELSS, insurance) | ₹1,50,000/yr | Income-tax Act, 1961 — s.80C (FY 2025-26 & earlier) Income-tax Act, 2025 — s.123, read with Schedule XV (in force 1 Apr 2026) | 2026-07 |
| Additional interest deduction — first-time buyers (CLOSED) closed | ₹1,50,000/yr window 2019-04-01 → 2022-03-31 | Income-tax Act, 1961 — s.80EEA (FY 2025-26 & earlier) Income-tax Act, 2025 — s.131 (in force 1 Apr 2026) | 2026-07 |
| Optional regime — retains deductions at higher slab rates | std deduction ₹50,000 4 slabs, top rate 30% | 2026-07 | |
| Prepayment / foreclosure charges — floating-rate loans | nil on floating effective 2026-01-01 | RBI (Pre-payment Charges on Loans) Directions, 2025 | 2026-07 |
Not tax or legal advice. See every standard this site uses →