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    We found 1 Fullerton Personal Loan Eligibility Calculator

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    14% - 33% Fixed
    1.5% to 6.0% One time fee
    15L Max
    1-4 Years
    Response Time Within 30 minutes
    Paperless approval option available
    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 3064 Users

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    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.

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  • Personal Loan Reviews

    • Fullerton Personal Loan
      "Services are good"
      0.5 5.0/5 "Blown Away!"
      It was a good experience with Fullerton, I am happy with the process. I have taken a personal loan and the customer services is good. They were responsive in collecting the documents and the processing my papers. The interest rate and processing charges was average.
      Was this review helpful? 0
      , kolkata
      Reviewed on Aug 17, 2017
    • Fullerton Personal Loan
      "DISSATISFIED"
      0.5 2.0/5 "Expected more"
      Fullerton was not providing proper customer support service, they were actually providing a very late response also they were taking too much of time to provide the status of the product. The rate of interest is okay when compared with others without my knowledge they have charged around 6000 for health insurance, I would suggest Fullerton to improvise their service
      Was this review helpful? 0
      , alwar
      Reviewed on Aug 17, 2017
    • Fullerton Personal Loan
      "High charges"
      0.5 5.0/5 "Blown Away!"
      Fullerton had collected so many charges like documentation charge, processing fee and few other things. WHen I asked them about a lot of charges, they simply said that they are not a government sector for collecting minimum charges. So I could not say anything to them. Apart from charges, their interest rate is also high. They said they would take around 3000 for processing and other process, but overall they took 14000 for office verification, residential verification and document verification. But they sanctioned the loan on time.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 16, 2017
    • Fullerton Personal Loan
      "Interest rate is high"
      0.5 3.0/5 "Satisfactory"
      What I feel about Fullerton is the rate of interest is little bit higher than the other banks. Especially when I compared with ICICI bank, Fullerton is on higher side. Other than the rate of interest, rest of the services are quite good and appreciable.
      Was this review helpful? 0
      , rajahmundry
      Reviewed on Aug 14, 2017
    • Fullerton Personal Loan
      "Disappointed with the services"
      0.5 2.5/5 "Just OK"
      I could not proceed ahead with Fullerton because I was not ready with the documents they required. After which when I contacted them to inform them about the documents, without discussing further. They disconnected the call. The interest rate and charges was high.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 14, 2017
    • Fullerton Personal Loan
      "Rate of interest should be reduced"
      0.5 5.0/5 "Blown Away!"
      Fullerton India offered me the interest rate around 37% it was extremely high compared to other banks. But they denied to reduce the rate. Their response was good but I am okay with rate of interest was very high. Hence I am not interest to go head with them.
      Was this review helpful? 0
      , nasik
      Reviewed on Aug 11, 2017
    • Fullerton Personal Loan
      "Interest rate should be competative"
      0.5 4.0/5 "Great!"
      It a nice institution helped me on loan part, their rate of interest is quite high. They offered me around 17% hence I am thinking to do the balance transfer to other bank. Even for that some charges applicable. Other than that service wise Fullerton India is good
      Was this review helpful? 0
      , lucknow
      Reviewed on Aug 10, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      My personal loan process was quick with Fullerton. They have processed my loan within 3 to 4 days of time. The required loan amount has been disbursed and I am satisfied with the loan amount. The rate of interest is high when compared with others.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 10, 2017
    • Fullerton Personal Loan
      "Smooth process "
      0.5 4.0/5 "Great!"
      In short, Fullerton Process was very smooth, It is very easy to apply for the loan they contacted me and provided the loan. . Interest rate is slightly on the higher side and the processing fee is fine. I had received a sanction letter and loan agreement form but i had not received mail or any sort of correspondence from them through mail.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 10, 2017
    • Fullerton Personal Loan
      "Better"
      0.5 3.0/5 "Satisfactory"
      I got the call from the Fullerton for the personal loan, which I have applied. Rate of interest is around 32%, also the loan amount got disbursed within ten to fifteen days of time. Services with the Fullerton is a kind of okay for me.
      Was this review helpful? 0
      , erode
      Reviewed on Aug 10, 2017
    • Fullerton Personal Loan
      "Not happy with interest rate"
      0.5 2.0/5 "Expected more"
      I did not receive good service from Fullerton for the personal loan. The reason behind is, they committed the interest rate of 12% but later they changes it as 28% so I am quite disappointed with Fullerton. Customer service is somewhat better.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 07, 2017
    • Fullerton Personal Loan
      "Very good process with a higher interest rate"
      0.5 4.0/5 "Great!"
      Fullerton is too quick when it comes to disbursement, they took hardly a week's time and they are doing a good job too. Their interactions were really good and their followups too. They had provided value added information about EMI date etc and they had kept me posted about all the information. The only pitfall here, is the interest rate.
      Was this review helpful? 0
      , new delhi
      Reviewed on Aug 06, 2017
    • Fullerton Personal Loan
      "High on ROI and processing charges"
      0.5 4.5/5 "Excellent!"
      I received the personal loan from Fullerton and it was convenient to get the loan through. The process took 15 days and the rate of interest was high. I got a rate of 18% and the processing charges was also high. I have a preclosure option after one year and there are some charges applicable for it.
      Was this review helpful? 0
      , jamnagar
      Reviewed on Aug 04, 2017
    • Fullerton Personal Loan
      "FULLERTON INDIA CHEATED ME"
      0.5 1.0/5 "Really Bad"
      I took a personal loan from your company 3 months back and the agent who completed my formalities was "Sarika Gupta" while applying she told me that the rate of interest would be 14% or 15% max and to which I agreed and signed the documents. Later after two months when I logged in to your system by using the loan application number, I came to know that the rate of interest charged to me is 25.5% - which is not acceptable at all, why I was not being told this before, I wouldn't have taken the loan from you. I feel cheated and it's really bothering me day by day. Loan Agent: Sarika Gupta
      Was this review helpful? 0
      , navi mumbai
      Reviewed on Aug 04, 2017
    • Fullerton Personal Loan
      "SATISFACTORY"
      0.5 3.0/5 "Satisfactory"
      The services was good at Fullerton, But the regret part is they have delayed my personal loan process. The experience was good overall. The rate of interest was also okay. It was of 18%. The processing charges was also high they have charged 19000 rupees for the loan amount of 2.70 lakhs
      Was this review helpful? 0
      , indore
      Reviewed on Aug 03, 2017
    • Fullerton Personal Loan
      "Average service"
      0.5 5.0/5 "Blown Away!"
      I have applied personal loan with Fullerton but they haven't approved my loan and I am not sure Why they have closed my application. The customer service and the response with Fullerton is average. The rate of interest is high when compared with others. I would say it is an average service from Fullerton India.
      Was this review helpful? 0
      , new delhi
      Reviewed on Aug 03, 2017
    • Fullerton Personal Loan
      "High on ROI & charges"
      0.5 4.5/5 "Excellent!"
      It was a wonderful experience with Fullerton for the personal loan, because I had less paperwork. I could submit my documents online. The major drawback is the rate of interest was very high. It was of 30%. The processing charges was also high.
      Was this review helpful? 0
      , baddi
      Reviewed on Aug 03, 2017
    • Fullerton Personal Loan
      "High on ROI"
      0.5 5.0/5 "Blown Away!"
      My experience has been good with Fullerton. I have taken a personal loan. The executive was professional and collected the documents on time. I received the funds without any delay as well. The rate of interest was of 28% which is very high and the processing fees was manageable.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 03, 2017
    • Fullerton Personal Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      Fullerton has been quick in the services and the process for the personal loan. They came over to my place and collected the documents and it was a simple documentation. The interest rate and processing charges was on the average side. Happy with the overall experience the loan I have applied for about 1.10 laksh I received around 83k and it is for 4 years
      Was this review helpful? 0
      , anantapur
      Reviewed on Aug 02, 2017
    • Fullerton Personal Loan
      "Good "
      0.5 4.0/5 "Great!"
      To start off, I felt that the rate of interest is little bit high on my personal loan when compared with other banks in the market. In fact, I am not aware of the actual interest rate because still I did not receive any documents for the personal loan, it had been almost two months but they never sent those documents to me. Except this, everything is fine with Fullerton.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 02, 2017
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