Federal Instant Loan - Developer Portal

Description

Federal Instant Loan enables FinTech’s to offer personal loans to their users who hold accounts with Federal Bank, through their applications as an integrated solution. It offers pre-approved loans to its Customers, based on factors like their credit score, banking relationship, etc. This fully secure, automated digital loan processing facility is available 24x7.

APIs

Fed_Instant_Loan_OfferInsert_API

1.0.0

This API is used to insert offers for a eligible customers.

REST

Online
Fed_Get_Instant_Loan_Info_API

1.0.0

This API is used to fetch the current status of a loan application request, identified by an Application ID. The Application ID should be the value used during the Loan Application Process. It will return the details of the loan application, like the request processing status, status code, and description, etc.

REST

Online
Fed_Instant_Loan_Unblock_Api

1.0.0

This API enables the user to unblock his existing loan. The loan get blocked once the Instant Loan Application API get processed. User should call this API after processing Instant Loan Application API to unblock his existing blocked loan.

REST

Online
Fed_Instant_Loan_Offer_AcctNum_API

1.0.0

This API fetches the details of a pre-approved instant loan offer for a given customer by the bank if he/she is eligible, based on their Phone Number and Account Number (with the last 4 digits) combination. If the customer is eligible for Instant Loan, then details such as maximum loan amount offered, EMI tenure, interest rate, processing fees, etc. will be shared.

REST

Online
Fed_Instant_Loan_Offer_CardNum_Amt_API

1.0.0

This API fetches the details of a pre-approved instant loan offer for a given customer by the bank if he/she is eligible based on their Phone Number, Card Number (with last 4 digits), Transaction/Loan Amount, and Loan Tenure combination. If the customer is eligible for Instant Loan then details as the maximum loan amount offered, EMI tenure, interest rate, processing fees, etc. will be shared.

REST

Online
Fed_Instant_Loan_Application_API

1.0.0

This API is used to submit a loan application based on loan eligibility. Details such as Loan amount, tenure, interest rate, etc. can be customized specifically to the Customer within the limits allowed by the loan offer. The Offer ID received from the Bank for Instant Loan, and the OTP received for authentication should be provided in this API for verification and loan disbursement.

REST

Online
Fed_Instant_Loan_Api_Status_Enquiry

1.0.0

This API facilitates users to check the status of any Instant Loan API call initiated during the loan process. Details such as API Type and Application ID are to be specified for identifying the particular API and their Loan request.

REST

Online
Fed_Get_Instant_Loan_OfferLite_API

1.0.0

This API fetches an instant loan offer for a given customer (identified by (phone no and channel type), or (card number hash and channel type)) if they are pre-approved. Else it returns the appropriate error code.

REST

Online
Fed_Instant_Loan_OTP_API

1.0.0

This API is leveraged to create and deliver OTP as SMS for authentication or confirmation as required in the process. Hence the mobile number provided should be a valid number of the Customer, preferably the same number registered with the Bank.

REST

Online
Fed_Instant_Loan_Offer_CardNum_API

1.0.0

This API fetches the details of a pre-approved instant loan offer for a given customer by the bank if he/she is eligible based on their Phone Number and Card Number (with the last 4 digits) combination. If the customer is eligible for Instant Loan, then details such as maximum loan amount offered, EMI tenure, interest rate, processing fees, etc. will be shared.

REST

Online
Fed_Instant_Loan_Offer_AcctNum_Amt_API

1.0.0

This API fetches the details of a pre-approved instant loan offer for a given customer by the bank if he/she is eligible based on their Phone Number, Account Number (with last 4 digits), Transaction/Loan Amount, and Loan Tenure combination. If the customer is eligible for Instant Loan then details as the maximum loan amount offered, EMI tenure, interest rate, processing fees, etc. will be shared.

REST

Online
Fed_Instant_Loan_Offer_CustID

1.0.0

This API fetches the details of a pre-approved instant loan offer for a given customer by the bank if he/she is eligible, based on their cust id. If the customer is eligible for Instant Loan, then details such as maximum loan amount offered, EMI tenure, interest rate, processing fees, etc. will be shared.

REST

Online

Plans

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Basic Plan

300 calls per week

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basic plan

15 APIs including

Fed_Instant_Loan_Tenure_Based_Offer 1.0.0
Fed_Get_Instant_Loan_Info_API 1.0.0
Fed_Get_Instant_Loan_OfferLite_API 1.0.0
Fed_Instant_Loan_Api_Status_Enquiry 1.0.0
Fed_Instant_Loan_Application_API 1.0.0

View details

APIs

Title	Version	Type	Rate limits
Fed_Instant_Loan_Tenure_Based_Offer	1.0.0	REST	300 calls per week
POST /getOffer/tenureBased			300 calls per week
Fed_Get_Instant_Loan_Info_API	1.0.0	REST	300 calls per week
POST /getInfo			300 calls per week
Fed_Get_Instant_Loan_OfferLite_API	1.0.0	REST	300 calls per week
POST /getOfferLite			300 calls per week
Fed_Instant_Loan_Api_Status_Enquiry	1.0.0	REST	300 calls per week
POST /loanStatusEnq			300 calls per week
Fed_Instant_Loan_Application_API	1.0.0	REST	300 calls per week
POST /getApplication			300 calls per week
Fed_Instant_Loan_OfferInsert_API	1.0.0	REST	300 calls per week
POST /OfferInsert			300 calls per week
Fed_Instant_Loan_Offer_AcctNum_Amt_API	1.0.0	REST	300 calls per week
POST /getOffer/AcctNumAmt			300 calls per week
Fed_Instant_Loan_Offer_AcctNum_API	1.0.0	REST	300 calls per week
POST /getOffer/AcctNum			300 calls per week
Fed_Instant_Loan_Offer_CardNum_Amt_API	1.0.0	REST	300 calls per week
POST /getOffer/CardNumAmt			300 calls per week
Fed_Instant_Loan_Offer_CardNum_API	1.0.0	REST	300 calls per week
POST /getOffer/CardNum			300 calls per week
Fed_Instant_Loan_OTP_API	1.0.0	REST	300 calls per week
POST /getOtp			300 calls per week
Fed_Instant_Loan_Unblock_Api	1.0.0	REST	300 calls per week
POST /loanUnblock			300 calls per week
Fed_Instant_Loan_Offer_CustID	1.0.0	REST	300 calls per week
POST /getOffer/custID			300 calls per week
Fed_Instant_Loan_Offer_Pan_MobNo	1.0.0	REST	300 calls per week
POST /getOffer/pan-mobile			300 calls per week
Fed_Instant_Loan_Offer_PhoneNum	1.0.0	REST	300 calls per week
POST /getOffer/phNum			300 calls per week

Contact information

API Support