• loading

    We found 1 Fullerton Personal Loan Eligibility Calculator
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    12.49% - 33% Fixed
    6.0% One time fee
    15L Max
    1-4 Years
    Response Time : Within 30 minutes
    100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Fullerton Personal Loan Eligibility Calculator is Rated as "Pretty good" by 3344 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Fullerton Personal Loan Eligibility Calculator

    About Fullerton India Personal Loan

    Fullerton India personal loans offer a quick and easy way to secure the finance you need to meet those large obligatory expenses that arise in our lives like weddings or family vacations, and even those that take us by surprise like emergency hospitalizations. Personal loans from Fullerton India are totally unsecured, needing absolutely no collateral or guarantor, and offer unmatched flexibility in terms of what the loan can be used for. They have a quick loan application and approval process, and offer excellent repayment terms and interest rates.

    Fullerton Personal Loan Eligibility for Salaried and Self-employed Applicants

    Particulars Salaried Self-Employed
    Age(Min-Max) 21 – 58 years 21 – 60 years
    Minimum Income Taxable income. Taxable revenue turnover for both individual and business.
    Co-applicant Not required Not required
    Loan Tenure 12 – 48 months 12 – 48 months
    Maximum Loan Amount Rs.20 lakh Rs.30 lakh
    Employment/Business Continuity 3 years of continued employment. 3 years of continued business with taxable returns.
    CIBIL Score 750 and above 750 and above

    Factors affecting Eligibility of Fullerton India Personal Loans

    The primary factor that affects a borrower’s eligibility is his/her ability to repay the loan. Lenders judge this through a variety of parameters, like:

    • City of residence. From the point of view of the lender, personal loans are more easy to approve in cities like Bangalore, Delhi, Chennai, Mumbai, Kolkata, etc.
    • Income. Lenders don’t approve loans whose EMIs will be more than 50% of your take home salary, per month. The more you earn, the more you’ll be able to pay back in the form of EMIs.
    • Your age. If you’re too young, you’re a risky candidate as young salaried people shift jobs often to exploit opportunities. Older applicants between the ages of 26 – 40 who’ve been working steadily for a few years are more eligible, as they’re more stable.
    • Duration of stay in current location. The longer you’ve been living in a certain place, the higher are the chances of getting a personal loan approved on your terms. Fullerton India will give more preference to applicants who’ve lived in the city for over 2 years, even though the minimum criteria for eligibility is 1 year.
    • Employment status. Simply having a job doesn’t make one eligible for a loan from Fullerton India. Having a few years of work experience from the same employer shows stability and reliability, increasing your eligibility.
    • Residence type. Applicants who live in a residence that’s owned by them are more likely to get a loan approved, and on better terms. This is because there’s no part of their income being spent on rent. People living in rented houses must pay an amount of their salary as rent, lowering the disposable income left over to pay EMIs. Also, it’s easier for a person living in a rented place to abscond in case they feel they cannot keep up with EMI payments.
    • Type of employment: Salaried professionals and employees get regular incomes on fixed dates and can have EMIs due deducted directly from their salary accounts. Self-employed people must rely on market conditions and the demand for their products in order to earn an income. This is an inconsistent income that may sometimes not even be enough to meet the EMI payment requirement.

    How CIBIL score affects your Fullerton India Personal Loan Eligibility?

    While a CIBIL score of over 750 will make you eligible for a Fullerton India personal loan, scores closer to 900 will help increase eligibility, as this score is a direct representation of your creditworthiness.

    In the past, if you’ve been unable to repay your loan and have arranged for a settlement with the bank, it will considerably reduce your eligibility.

    Your previous loan and credit card repayment history will also play an important role in instilling confidence in Fullerton India that you can and will repay your personal loan. A ratio that shows you’ve taken more secured loans than unsecured loans works in your favor.

    Apply for Personal Loan

    How to increase Fullerton India Personal Loan Eligibility?

    • Maintain a good mix of secured and unsecured loans. Secured loans are looked at more favourably.
    • Lower EMIs on existing loans. Taking loans for longer tenures reduces the EMIs paid monthly, thus showing that you have more funds to pay back your Fullerton India personal loan with.
    • Prepayment. Paying off your existing loans before taking a new one is highly advised. A lump sum prepayment will settle your existing loan, increasing your eligibility for your new Fullerton India personal loan
    • Don’t over-leverage yourself. Overleveraging is when you take on more loans than you can repay. If you have 2 – 3 EMIs being deducted from your account, Fullerton India will not help you to add one more, until you’ve finished honoring all your payments.
    • Maintain a clean credit history. Ensure that you always clear your debt, on time and on the terms you’ve agreed on with the lender. This increases your CIBIL score, and eligibility.

    FAQs on Fullerton India Personal Loan Eligibility

    Q. What are the age limits for individuals who wish to get a personal loan from Fullerton India?

    A. For salaried individuals: Applicants must be between 21 and 58 years of age to apply for a Fullerton India personal loan.

    For self-employed and salaried professionals:Applicants must be between 21 and 60 years of age.

    Q. What is the level of work experience required for salaried individuals who wish to take a Fullerton India personal loan?

    A. Applicants must have been employed for a minimum total of 3 years with the current employer.

    Q. What is the income requirement for people who wish to take a Fullerton India personal loan?

    A. For salaried individuals:Regular income of at least Rs.12,500 per month.

    For self-employed and salaried professionals: Regular income of at least Rs.15,000 per month.

    Q. Is there any collateral or guarantor required for Fullerton India personal loans?

    A. No, there is no security, collateral or guarantor required to avail a personal loan from Fullerton India.

    Q. What is the maximum loan amount that can be sanctioned through Fullerton India personal loans?

    A.Loans are sanctioned up to Rs.20,00,000 for salaried individuals and up to Rs.30,00,000 for self-employed individuals and professionals.

    Q. Are there any foreclosure options on personal loans for Fullerton India?

    A. Foreclosure or prepayment is possible after 6 months of regular EMI payments.

    Personal Loan Reviews

    • Fullerton Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I have approached FULLERTON for my personal loan. There is no requirement for the loan as of now so i have canceled the loan process. The loan amount was 4 laksh and interest rate was 30% which is high .The customer service and responses was good.
      Was this review helpful? 0
      , aurangabad
      Reviewed on May 20, 2018
    • Fullerton Personal Loan
      "Worst Service"
      0.5 1.0/5 "Really Bad"
      I'll never recommend loan from Fullerton , the 19.5 % interest rate is very high. I took a loan for a 237000 and after all deductions INR 224000 credited to my account which wasn't unacceptable. The customer support services are also bad and not approachable.
      Was this review helpful? 0
      , new delhi
      Reviewed on May 16, 2018
    • Fullerton Personal Loan
      "Average service"
      0.5 5.0/5 "Blown Away!"
      The Fullerton service was good in regards to my personal loan application. I have got the loan amount within a week time. The customer support service and the response is very good from the Fullerton. The rate of interest and the charges are high with the Fullerton personal loan service.
      Was this review helpful? 0
      , kolkata
      Reviewed on May 16, 2018
    • Fullerton Personal Loan
      "Service is good "
      0.5 5.0/5 "Blown Away!"
      The customer support service was good from the Fullerton in regards to my personal loan application. I have got the loan amount within 5days of time. The rate of interest and the charges are average pretty high with the Fullerton service when compared with others.
      Was this review helpful? 0
      , jabalpur
      Reviewed on May 16, 2018
    • Fullerton Personal Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      The Fullerton personal loan service was good and I have got the loan amount within 4days of time. The customer support service and the response is good from the Fullerton. The rate of interest and the charges were high with the Fullerton when compared with others , It would be great if they can minimize the interest rate.
      Was this review helpful? 0
      , tiruchirapalli
      Reviewed on May 16, 2018
    • Fullerton Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The required documents were not available to proceed with the Fullerton personal loan , so that was the reason I haven't got the loan from the Fullerton. The customer support service and the response is quite good from Fullerton. The rate of interest and the charges were average.
      Was this review helpful? 0
      , kurnool
      Reviewed on May 16, 2018
    • Fullerton Personal Loan
      "Unhappy with the services"
      0.5 1.0/5 "Really Bad"
      The experience at Fullerton has not been a up to the mark service for the personal loan. They were not transparent about the rate of interest and processing fees. Though I kept checking about the same from the on start of the process. I wast initially told the processing fee and document charges would be around 800 to 1000 and I was finally charged 17K. So I cancelled the loan. The interest rate was of 18.75%.
      Was this review helpful? 0
      , guntur
      Reviewed on May 14, 2018
    • Fullerton Personal Loan
      "Service is good. But high on ROI"
      0.5 5.0/5 "Blown Away!"
      The experience at Fullerton was good. They were on time to collect my paper work and the process the loan with ease. I got the personal loan in one week. But the rate of interest is on the higher side. I was offered a rate of 33% and the processing charges was around 7K.
      Was this review helpful? 0
      , rudrapur
      Reviewed on May 14, 2018
    • Fullerton Personal Loan
      "Services are good"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with Fullerton. The documents were collected from my home and I also had to go over to their office twice and submit the remaining paper work. The team was cooperative. I got the loan in three days. The rate of interest is of 33% which is very high, but I went ahead because I was in need of it. The processing charges are around 7K which is inclusive of insurance too.
      Was this review helpful? 0
      , belgaum
      Reviewed on May 12, 2018
    • Fullerton Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I didn't got the personal loan from the Fullerton , even I have arranged for the required documents on time, but they haven't gave me any response in regard to my personal loan application. The custom,re support service an the response need to be improve d with the Fullerton.
      Was this review helpful? 0
      , kurnool
      Reviewed on May 11, 2018
    • Fullerton Personal Loan
      "Average loan"
      0.5 4.0/5 "Great!"
      The personal Loan is taken through the fullerton bank compared to other banking sector the interest rate is quite high this is older loan like I took the loan on 2009-2010. Now it is closed fully bu that was a good experience.
      Was this review helpful? 0
      , chennai
      Reviewed on May 03, 2018
    • Fullerton Personal Loan
      "Good"
      0.5 4.5/5 "Excellent!"
      My personal loan was taken w ith FULLERON . The loan amount was 1.8 lakhs and the Interest rate was 30% which is very high in the market and the tenure period was 3 years . The customer service and responses was up to the mark. The processing fee was nominal.My overall experience was good.
      Was this review helpful? 0
      , vijayawada
      Reviewed on Apr 19, 2018
    • Fullerton Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      My personal loan application was approved with Fullerton and the experience was very good. The process was quick and i received my loan amount within 2-3 days. The loan amount was for Rs 1.3 lakhs for 5 years with nominal interest rate. Customer service was good and they collected documents on time.
      Was this review helpful? 0
      , jabalpur
      Reviewed on Apr 17, 2018
    • Fullerton Personal Loan
      "Better service"
      0.5 4.0/5 "Great!"
      My personal application was approved with Fullerton and the loan experience was good, the process was smooth and i received my loan amount within 10 days. I have taken loan for Rs 1.58 lakhs for 4 years. The rate of interest is nominal when compared to other sources. Customer service was good and they followed up on time.
      Was this review helpful? 0
      , jabalpur
      Reviewed on Apr 16, 2018
    • Fullerton Personal Loan
      "Excellent service"
      0.5 4.0/5 "Great!"
      The Fullerton personal loan service was good and they have approved the loan within the promised time, but they took time to disburse the cheque, which gave me disappointment. The required loan amount has been disbursed and I am satisfied with it.
      Was this review helpful? 0
      , vijayawada
      Reviewed on Apr 16, 2018
    • Fullerton Personal Loan
      "ROI and processing charges are high"
      0.5 4.0/5 "Great!"
      The process is okay with Fullerton. I have taken a personal loan. The documents were collected on time. The customer services and response is good. The processing charges are high plus there was an insurance fee taken. 1.39 Lakh was sanctioned and I got 1.08 Lakh only in my account after the deductions. The rate of interest was also high. It is around 18%.
      Was this review helpful? 0
      , karaikudi
      Reviewed on Apr 14, 2018
    • Fullerton Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The required loan amount has been disbursed by Fullerton in regards to my personal loan. The customer support service is good with the Fullerton and they gave me better response. The rate of interest and the charges are bit high with the Fullerton when compared with others.
      Was this review helpful? 0
      , mumbai
      Reviewed on Apr 12, 2018
    • Fullerton Personal Loan
      "ROI and charges are high"
      0.5 3.0/5 "Satisfactory"
      I have taken a personal loan from Fullerton. The process was on time. It was a good experience. The rate of interest is around 12% it is high and the processing charges are high too. It would be better if they are lower on the interest rate and charges.
      Was this review helpful? 0
      , vijayawada
      Reviewed on Mar 29, 2018
    • Fullerton Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The Fullerton personal loan service was good but the rate of interest and the charges are very high . The customer support service is good from the Fullerton, whenever I reach them for any queries I get good response them. The required loan amount has been given and they have charges Rs,9000.
      Was this review helpful? 0
      , mangalore
      Reviewed on Mar 23, 2018
    • Fullerton Personal Loan
      "High ROI and charges"
      0.5 3.0/5 "Satisfactory"
      I have taken a personal loan from Fullerton. The process is great and I got the loan in two days. The rate of interest is high. I was expecting a lower interest rate. Since there was an emergency need of money I went ahead for the loan. The interest rate of around 21% and the processing fees is also high. I would recommend them for customer who are in urgent need.
      Was this review helpful? 0
      , bilaspur
      Reviewed on Mar 23, 2018
    Common Loader Icon
     Loading your search... Loading your search...
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.