Fullerton India offers personal loans to salaried employees between the ages of 21 years and 60 years, provided they earn a salary of Rs.15,000 per month. Those residing in metropolitan cities are required to earn a minimum of Rs.20,000 per month. The applicant should have a minimum work experience of at least 2 years and should have served their current employer for a minimum of 1 year.
Fullerton India offers loans of up to Rs.25 lakh at flexible interest rates. Prospective borrowers can opt for a loan tenure of up to 60 months to repay their loan. To avail a loan from Fullerton India, borrowers will need to meet the below-mentioned eligibility criteria:
|Age||21 to 60 years|
|Minimum Monthly Income||Rs.15,000*|
|Work?Experience||Total – 2 years; Current Employer – 1 year|
|Residential/Nationality Status||Should be a resident citizen of India|
|Employment Status||Must be employed at a private or public limited company|
*Note: Individuals who reside in Delhi, Mumbai, Hyderabad, Chennai, Pune, Kolkata, Cochin, Bengaluru, and Ahmedabad should have a minimum monthly income of Rs.20,000.
|Interest Rate?||20% p.a. to 49% p.a.|
|Loan Amount?||Up to Rs.25 lakh?|
|Loan Tenure?||Up to 60 months?|
|Processing Fees?||Up to 6.5% of the loan amount?|
Yes, existing customers will be charged more attractive interest rates and processing fee. They will also be eligible to avail a pre-approved top-up loan.
Yes, personal loan borrowers can repay the entire loan amount and foreclose their loans at any point during the loan repayment term.
You may need to submit your PAN card copy, proof of residence, photographs, salary or income statements, Form 16, income tax returns, proof of identity, proof of age, and a cheque for the processing fee.
Fullerton India disburses personal loans within 30 minutes of approval. To ensure that you receive approval, you should check the lender’s eligibility criteria and submit all the required documents.
Yes, the lender allows online applications.
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