Multiple banks. Different interest rates. Call it a "conflict of interest".
  • loading

    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 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 3245 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
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have applied for the personal loan from FULLERTON, my loan application was closed because i did not have salary payslip from the current company. Customer service part was good and they responded on time, they also gave proper guidance on what to do next. The rate of interest was not an issue, it is nominal.
      Was this review helpful? 0
      , ranchi
      Reviewed on Nov 21, 2017
    • Fullerton Personal Loan
      "Average service"
      0.5 2.0/5 "Expected more"
      It was a been a very good experience with FULLERTON for my personal loan service the customer service was good the interest rate they quoted me was 29% which was little high compare to others in the market the documents was easy it was a average experience with FULLERTON for my personal loan service.
      Was this review helpful? 0
      , srikakulam
      Reviewed on Nov 20, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have applied for a personal loan with Fullerton. They collected the documents by next day and within 7 to 10 working days my personal loan got approved and disbursed my funds after my documents submission. They offered me the loan with 16% as rate of interest and the processing fees was Rs. 2000.
      Was this review helpful? 0
      , jodhpur
      Reviewed on Nov 20, 2017
    • Fullerton Personal Loan
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      I have applied for a personal loan with FULLERTON. They collected the documents by next day but they took few days to disburse my funds even after my documents submission was quick. There was no follow up from them. They offered the loan without informing the rate of interest and there are no processing fees so I'm not aware of it.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 18, 2017
    • Fullerton Personal Loan
      "Needs to improve with ROI"
      0.5 3.0/5 "Satisfactory"
      I have applied for the personal loan from FULLERTON, my loan application was closed because i did not have aadhar card which is mandatory. When it comes to customer service, it was good, they responded on time and they followed up on regular intervals. The customer service was way high when compared to other sources in the market.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 18, 2017
    • Fullerton Personal Loan
      "Needs to improve with ROI"
      0.5 3.0/5 "Satisfactory"
      I have applied for the personal loan from FULLERTON, my loan application was closed because i did not have aadhar card which is mandatory. When it comes to customer service, it was good, they responded on time and they followed up on regular intervals. The customer service was way high when compared to other sources in the market.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 18, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have applied for a personal loan with FULLERTON. They collected the documents by next day and within a week my personal loan got approved and disbursed my funds after my documents submission. They offered me the loan with 13.29% as rate of interest and the processing fees is Rs. 4000 which I feel it's high.
      Was this review helpful? 0
      , rewari
      Reviewed on Nov 18, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have applied for a personal loan with FULLERTON. They collected the documents by next day and within a week my personal loan got approved and disbursed my funds after my documents submission. They offered me the loan with 13.29% as rate of interest and the processing fees is Rs. 4000 which I feel it's high.
      Was this review helpful? 0
      , rewari
      Reviewed on Nov 18, 2017
    • Fullerton Personal Loan
      "Needs to improve"
      0.5 1.0/5 "Really Bad"
      I have applied for the personal loan form FULLERTON, my loan application was closed because there was no proper follow up done after the loan application was submitted. The customer service was not up to the mark, they did not respond on time and did not follow up further. The rate of interest was high when compared to other sources.
      Was this review helpful? 0
      , ankleshwar
      Reviewed on Nov 18, 2017
    • Fullerton Personal Loan
      "Good customer service"
      0.5 4.0/5 "Great!"
      I have applied for the personal loan from FULLERTON, my loan application was closed because there was no proper follow up done after the application was submitted. The customer service was good but they did not come to collect the documents and there was no further follow up. The rate of interest was not an issue as i was in urgent requirement of loan.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 17, 2017
    • Fullerton Personal Loan
      "Average"
      0.5 2.0/5 "Expected more"
      I have got the personal loan with the Fullerton and the customer service was not really up to the mark. In future, I would not like to go ahead with the Fullerton in future, also am really happy with them till now.
      Was this review helpful? 0
      , hubli
      Reviewed on Nov 16, 2017
    • Fullerton Personal Loan
      "Good customer service"
      0.5 5.0/5 "Blown Away!"
      I have applied for the personal loan from FULLERTON, my loan application was closed because the rate of interest was way high when compared to other sources in the market. When it comes to customer service, it was good and they responded on time, regular follow ups was done, they also gave a correct information to the customer and their way of approach was good.
      Was this review helpful? 0
      , nasik
      Reviewed on Nov 16, 2017
    • Fullerton Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan from Fullerton bank.the loan amount is 7lakhs.Rate of interest is 16% is nominal as compared to others.Tenure is for 4 years.They had deducted 1% as processing fees.They were quick in processing the request,the monthly EMI is 21700.
      Was this review helpful? 0
      , nagpur
      Reviewed on Nov 16, 2017
    • Fullerton Personal Loan
      "OK OK EXPERIENCE"
      0.5 3.0/5 "Satisfactory"
      It was an OK OK experience i had with FULLERTON as i applied for a personal loan . The rate of interest was 20% too high as compared to other banks . No one contacted me on time and the information was not delivered to me properly . I am not happy with the customer service it could have been a more better and help .
      Was this review helpful? 0
      , goa
      Reviewed on Nov 15, 2017
    • Fullerton Personal Loan
      "NOT HAPPY"
      0.5 1.0/5 "Really Bad"
      It was a good customer service from the FULLERTON INDIA they contacted me no proper time and follow ups were also on time . The rate of intrest was very high 21% so i delayed my plans and the bank executives canceled my application everything was good from the FULLERTON side only the rate of interest was a problem for me so i did not opt that much for my side .
      Was this review helpful? 0
      , nasik
      Reviewed on Nov 15, 2017
    • Fullerton Personal Loan
      "Worst service"
      0.5 1.0/5 "Really Bad"
      I am not satisfied with the service of FULLERTON for my personal loan service the interest rate was high compare to others in the market and the customer service is not good as I expected ,I am not happy with the service of FULLERTON for my personal loan service.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 14, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The personal loan process was good with Fullerton. They have disbursed my loan amount within 4 to 5 days of time. The customer support was good with Fullerton, The rate of interest which they have offered is very high when compared with others.
      Was this review helpful? 0
      , nellore
      Reviewed on Nov 14, 2017
    • Fullerton Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I had applied for a personal loan with Fullerton through online channel. They took around 2.5 weeks. I had submitted by documents to the executive. The customer service and response is good. I had a need of 1.75L after all deduction received only 1L 48K if they would inform earlier I had applied for more. The interest rate is normal.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 13, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      I had applied for the personal loan from Fullerton, my loan application was approved and the requested amount was disbursed. The loan amount was for 1.30 lakhs and the rate of interest is way high when compared to others in market. I submitted all documents through broker. The process was very smooth and easy. Foreclosure charges were also applicable.
      Was this review helpful? 0
      , nagpur
      Reviewed on Nov 13, 2017
    • Fullerton Personal Loan
      "Below average service"
      0.5 2.5/5 "Just OK"
      I got the personal loan with Fullerton around three years ago.. The customer support is below average with Fullerton. They took around 15 days time to disburse my loan amount. The rate of interest ad the charges are very high with Fullerton.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 13, 2017
    Common Loader Icon
     Loading your search... Loading your search...
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.