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    We found 1 Fullerton Personal Loan Eligibility Calculator
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    Interest Rate Range
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    Tenure Range
    12.49% - 33% Fixed
    6.0% One time fee
    15L Max
    1-4 Years
    Response Time : Within 30 minutes
    100% PAPERLESS APPROVAL
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    Fullerton Personal Loan Eligibility Calculator is Rated as "Pretty good" by 3390 Users

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    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
      "High on ROI and charges"
      0.5 3.0/5 "Satisfactory"
      The experience is good with Fullerton. I have taken a personal loan and I received the loan in 48hours. They also cooperated very well. The documents was taken on time. The rate of interest is pretty high, it is around 20.5% and through I do not know the exact professing fee taken, but it was on the higher side.
      Was this review helpful? 0
      , dibrugarh
      Reviewed on Aug 11, 2018
    • Fullerton Personal Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      My personal loan was taken with FULLERTON .The process was very good but their processing fee was very high.The loan amount was 1,54,000 and the interest rate was satisfactory .The tenure period was 5 years. I had a smooth and hassle free experience but i faced tediousness in documentation part. They have sanctioned loan within the committed time.
      Was this review helpful? 0
      , jamshedpur
      Reviewed on Aug 09, 2018
    • Fullerton Personal Loan
      "Average"
      0.5 2.5/5 "Just OK"
      My personal loan was taken with FULLERTON 1 month back.The loan amount was 10 lakhs and the interest rate was very high. Te tenure period was 5 years. The process was quite good and excellent . I haven't faced any issues and the documentation was smooth but The processing fee was high.
      Was this review helpful? 4
      , hyderabad
      Reviewed on Jul 31, 2018
    • Fullerton Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I've mtaken a personal loan from the Fullerton Rs. 3L for 4 years , The interest rate was good . I got the loan with in week. The response was good. The whole application and the documentation was easy and hassle free.
      Was this review helpful? 5
      , gandhidham
      Reviewed on Jul 24, 2018
    • Fullerton Personal Loan
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      I took a personal loan from the Fullerton for Rs. 0.6L for 2 years . After the processing it took time to deposit the money to my account.. The interest rate was also high when comparing with other banks. Overall it hasn't been a good experience.
      Was this review helpful? 2
      , belgaum
      Reviewed on Jul 24, 2018
    • Fullerton Personal Loan
      "Very good service"
      0.5 4.0/5 "Great!"
      I took a ,personal loan from the Fullerton Rs. 2Lacs for 5 years. The loan experience was good, rate of interest is high. The whole application and the documentation process was smooth and hassle free. I got the loan amount quickly.
      Was this review helpful? 4
      , kurnool
      Reviewed on Jul 20, 2018
    • Fullerton Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      My personal loan was taken with FULLERTON. The process was very good and the loan amount was 79,000 . The interest rate was very high and the tenure period was 4 years . The customer service and responses was good. The documentation was very smooth and the processing fee was high.
      Was this review helpful? 2
      , haridwar
      Reviewed on Jul 20, 2018
    • Fullerton Personal Loan
      "Need to reduce ROI"
      0.5 3.0/5 "Satisfactory"
      I have taken a personal loan with Fullerton and my loan experience was up to the mark. The loan amount was for Rs 1.30 lakhs with high interest rate when compared to others. Customer service was good and they collected documents on time. The tenure for this loan is 4 years.
      Was this review helpful? 2
      , amritsar
      Reviewed on Jul 06, 2018
    • Fullerton Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have taken personal loan from Fullerton finance , Am not satisfied with the rate of interest which is quiet high . Where the processing fees is 14000 including some insurance . They took 5 to 10 days for approval . They provided 3 year of tenure period and making the payment through ECS . As its instant loan process am satisfied with their customer service and response.
      Was this review helpful? 2
      , vapi
      Reviewed on Jul 03, 2018
    • Fullerton Personal Loan
      "Excellent Service"
      0.5 4.0/5 "Great!"
      The process in getting the loan had been easy and smooth. The loan amount which they had provided has been okay and they have provided me 85 thousand. There has not been any issues faced with the banking services of them. Their customer support also had been helpful at times.
      Was this review helpful? 3
      , ratnagiri
      Reviewed on Jun 29, 2018
    • Fullerton Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      The process in getting this loan has been very smooth and easy and there has not been any issues faced with them. The loan amount which they had provided me had been satisfactory but the interest rate with them has been quite high comparatively. There has not been any issues faced with the services offered by them.
      Was this review helpful? 0
      , jamshedpur
      Reviewed on Jun 29, 2018
    • Fullerton Personal Loan
      "Fullerton Review"
      0.5 0.5/5 "Unacceptable"
      Worst Staff. Not at all Co-operative. Faced issues during loan closure. Rude as well as uncooperative staff. Lack of courtesy and knowledge in staff . I had a worst experience with the staff member of fullerton mumbai. Please train your staff to be co-operative
      Was this review helpful? 1
      , mumbai
      Reviewed on Jun 29, 2018
    • Fullerton Personal Loan
      "Very Good"
      0.5 4.0/5 "Great!"
      I am having the personal loan with the Fullerton and the loan amount got disbursed within seven days of time. I am happy with them till now, also I have not faced any such issues as such. There are no hindrances with them till now.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 29, 2018
    • Fullerton Personal Loan
      "Need to reduce charges"
      0.5 4.0/5 "Great!"
      My personal loan was approved with Fullerton and the experience was good, the process took 2 weeks to complete. The loan amount was sufficient and the rate of interest was quite high. Customer service was good and they followed up on time. The tenure for this loan is for 5 years.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jun 28, 2018
    • Fullerton Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      Interest rate is around 18.5% for the personal loan with the Fullerton, also the response is better one too. I am happy with the Fullerton. Everything were completed on immediate basis with the Fullerton and I dont have any issues on it.
      Was this review helpful? 0
      , hosur
      Reviewed on Jun 28, 2018
    • Fullerton Personal Loan
      "Very Good services"
      0.5 4.0/5 "Great!"
      I have applied a loan amount of Rs. 2 lakhs. I'm not aware of the interest rates and processing fee. I used to make the EMI of Rs. 7100. I have taken the tenure period of 4 years. I used to make the payment through auto deducted from my bank account. I have got a very good experience from Fullerton.
      Was this review helpful? 1
      , guntur
      Reviewed on Jun 27, 2018
    • Fullerton Personal Loan
      "Not satisfied"
      0.5 1.0/5 "Really Bad"
      I have approved FULLERTON for a personal loan. The loan process was very good and The loan mount was 5 lakhs.. The given interest rate was very high than other banks and the tenure period was 3 years .My salary date is on 10th and my emi date is on 5 th which was but disappointing and cannot be changes also. The processing fee was nominal.
      Was this review helpful? 1
      , guwahati
      Reviewed on Jun 27, 2018
    • Fullerton Personal Loan
      "Procesing fee is high"
      0.5 3.0/5 "Satisfactory"
      I have received the loan time. I have applied a loan amount of 1.54 lakhs. They have offered me interest rate of 33%. The approval loan amount was 1.4 lakhs. After the deducted of processing fee and insurance they give the loan. Totally they have charged Rs. 6500 for that. They have taken a health insurance without my knowledge. After that i have received only Rs. 87000 in my hand
      Was this review helpful? 2
      , nasik
      Reviewed on Jun 27, 2018
    • Fullerton Personal Loan
      "Process is very fast according to customer's need"
      0.5 4.0/5 "Great!"
      I have applied a personal loan amount of 1.50 lakhs. According my eligibility they have offered me a loan of 1.20 lakhs. I gave a lot within 4 days and services was very nice. The documentation process was went smooth. I used to pay the EMI of Rs. 4900. They charged me a processing fee around of Rs. 6000 and for insurance of Rs. 8000. For that insurance, medical insurance coverage also available.
      Was this review helpful? 1
      , madurai
      Reviewed on Jun 26, 2018
    • Fullerton Personal Loan
      "Good Company for Personal loan"
      0.5 4.0/5 "Great!"
      Fullerton interest rates are 24% but other banks are offering 14 to 17% as interest rates. I have applied for the loan of 1.81 lakhs but after the deduction of processing fee i have received only 1.70 lakhs. After submitted all my documents, they have increased my interest and annual fee. Their is a huge difference between charges before and after applying for the loan. I taken this loan last month
      Was this review helpful? 3
      , aurangabad
      Reviewed on Jun 25, 2018
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