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
    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 3411 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 service"
      0.5 5.0/5 "Blown Away!"
      I had taken my personal loan fom Fullerton India and it has a good experience i had with them . i am satisfied with loan amount which they have given to m and even i am happy with tenure period as well,they rate of interest and the processing fee is nominal they have charge me.
      Was this review helpful? 5
      , kolkata
      Reviewed on Oct 15, 2018
    • Fullerton Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I had taken this loan a long time back and it has been a good experience i had with them. The loan amount which they had provided had been satisfactory and there has not been any additional charges which they had with them. The interest rate with them also had been nominal as well and their customer support also had been good as well.
      Was this review helpful? 4
      , chennai
      Reviewed on Oct 12, 2018
    • Fullerton Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      The process was very smooth with Fullerton personal loan application, i received my loan amount within 4 days. The loan amount was for Rs 1 lac with the tenure period of 5 years and with high interest rate. Customer service was good and they collected documents on time.
      Was this review helpful? 4
      , ranchi
      Reviewed on Oct 11, 2018
    • Fullerton Personal Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      My personal loan was taken with FULLETRON INSTITUTION , i am happy with this bank , they provide within 15 days my loan amount . They charge 11% of interest rate and tenure period is 3year . They provide 120000 of loan but i got 99000 after deducting . I use to pay 5500 of EMI.
      Was this review helpful? 6
      , nellore
      Reviewed on Sep 16, 2018
    • Fullerton Personal Loan
      "Looking for less interest rate"
      0.5 4.0/5 "Great!"
      My experience with Fullerton for personal loan was good, the process took 20 days to complete. I have requested the loan amount for Rs 1 lac but they gave only Rs 85000 and the balance Rs 15000 is for ICICI Lombard insurance premium. The rate of interest is high when compared to others and the customer service was good with Fullerton,.
      Was this review helpful? 3
      , rajahmundry
      Reviewed on Sep 12, 2018
    • Fullerton Personal Loan
      "Not satified"
      0.5 1.0/5 "Really Bad"
      I have taken my personal loan with FULLERTON. The loan amount was 4,10,000 and the interest rate was not satisfactory. The information was not given properly. I couldn't contact them and there is no proper responses other than that the process was very quick and hassle free .
      Was this review helpful? 3
      , tirupati
      Reviewed on Sep 12, 2018
    • Fullerton Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I have taken my personal loan with FULLERTON . The loan amount was 1,47,000 and the interest rate was very satisfactory . There is no issues faced with the documentation also. The loan was approve on time. I am satisfied with the customer service and responses here. I am pretty satisfied with the overall process .
      Was this review helpful? 6
      , nellore
      Reviewed on Sep 12, 2018
    • Fullerton Personal Loan
      "AVERAGE"
      0.5 4.0/5 "Great!"
      My personal loan was taken with FULLETRON INSTITUTION , the tenure period is 36month and rate of interest is too high it is 8.50% . Customer support is not up to the mark . I was expecting my loan amount will be 50000 but i just got 37881 so i ma not happy .
      Was this review helpful? 2
      , bhilwara
      Reviewed on Sep 12, 2018
    • Fullerton Personal Loan
      "Satisfactory"
      0.5 3.5/5 "Pretty good"
      I have taken my personal loan with FULLERTON . The loan amount was 1,32,000 and the interest rate was very high in the market. The tenure period was 4 years . Their customer service and responses was up to the mark . The paper formalities are very smooth. The processing fee was high but they have delayed the process for 7 days.
      Was this review helpful? 2
      , ujjain
      Reviewed on Sep 11, 2018
    • Fullerton Personal Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      My personal loan was taken with FULLERTON. The loan amount was2,50,000a and the interest rate was very high and the tenure period was 5 years . The process was smooth and satisfactory .The customer service and responses was good. The pre closure is after1 year here and the processing fee was nominal.
      Was this review helpful? 6
      , asansol
      Reviewed on Sep 11, 2018
    • Fullerton Personal Loan
      "Not satified"
      0.5 1.0/5 "Really Bad"
      I have taken my personal loan with FULLERTON. The loan amount was 60,000. The interest rate was satisfactory and the tenure period was 4 years . The customer service and responses was not good.I was expecting 82,000 and i have got its 60,000 which is not satisfactory . The documentation was very smooth .The processing fee was high.
      Was this review helpful? 5
      , guntur
      Reviewed on Sep 11, 2018
    • Fullerton Personal Loan
      "BEST SERVICE"
      0.5 5.0/5 "Blown Away!"
      I got best service of personal loan from FULLERTON , the banking services is too good at the time of getting loan . My loan amount is sufficient and tenure period is 4year . They charge processing fee with rs 10000 . The process is good and customer service response is up to the mark .
      Was this review helpful? 6
      , hisar
      Reviewed on Sep 01, 2018
    • Fullerton Personal Loan
      "excellent service"
      0.5 4.0/5 "Great!"
      I have taken my loan from FULLETRON , my loan experience was good and i did not face any issues at the time of documentation . Rate of interest is 30% and it is high in the market and tenure period is 4year . They charge for processing fee 3% and even there is option for preclosere but it will be applicable after 6month and it is 7% on loan amount . There is no hidden charges .
      Was this review helpful? 4
      , madurai
      Reviewed on Aug 30, 2018
    • Fullerton Personal Loan
      "Need to reduce ROI"
      0.5 5.0/5 "Blown Away!"
      My experience was good with Fullerton for personal loan, the loan amount was for Rs 1 lac for 5 years with high interest rate when compared to others in the market. Customer service was good and they responded on time. The process was smooth and i received my loan within 1 week.
      Was this review helpful? 4
      , gandhidham
      Reviewed on Aug 28, 2018
    • Fullerton Personal Loan
      "Need to reduce charges"
      0.5 5.0/5 "Blown Away!"
      My personal loan application was approved with Fullerton and it was a fine experience, the process took 7-10 days to complete. The loan amount was for Rs 1.6 lacs for 5 years with high interest rate when compared to others in the market. Customer service was good and they followed up on time.
      Was this review helpful? 4
      , erode
      Reviewed on Aug 28, 2018
    • Fullerton Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan from Fullerton , the loan was processed on time, I received proper customer service and guidance from them. Everything went well, just their rate of interest what they charged is a high as compared to other banks.
      Was this review helpful? 2
      , panipat
      Reviewed on Aug 25, 2018
    • Fullerton Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My personal loan was approved with Fullerton and the loan experience was good, the loan amount was for Rs 1.79 lakhs for 4 years but the loan amount is not sufficient. They charged Rs 4500 for insurance but they have not given the details. The rate of interest is nominal when compared to others.
      Was this review helpful? 5
      , erode
      Reviewed on Aug 21, 2018
    • Fullerton Personal Loan
      "Overall good"
      0.5 5.0/5 "Blown Away!"
      I have taken my personal loan with Fullerton and the experience is fine. The customer services and response is good and there are no hassles to get the loan. They done a good job. Though the interest rate and charges is on the higher side, I am pretty happy with the service.
      Was this review helpful? 2
      , bangalore
      Reviewed on Aug 18, 2018
    • Fullerton Personal Loan
      "GOOD SERVICE "
      0.5 4.0/5 "Great!"
      This loan is taken for 4 years, i have received the loan on time to my account, i feel that the rate of interest is nominal, about the document and processing part they made it very easy without any hassle or difficulty, with good customer service.
      Was this review helpful? 5
      , belgaum
      Reviewed on Aug 14, 2018
    • Fullerton Personal Loan
      "GOOD SERVICE"
      0.5 5.0/5 "Blown Away!"
      I have taken this loan for 5 years, the monthly emi will get auto debited from my account, i got this loan within the committed period, processing and documentation was also easy, overall customers service is good when the customer feel good.
      Was this review helpful? 3
      , erode
      Reviewed on Aug 14, 2018
    Common Loader Icon

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    Loading your search...
    Close

    Compare, check your eligibility and apply online instantly.

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.