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    We found 1 Fullerton Personal Loan Eligibility Calculator

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    17.25% - 37% 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 3035 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
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      Fullerton provided a very good response on my personal loan application. Customer service is really good and I had no issues with them during the loan process. But I was not in town when the called me for my loan I have informed them regarding about this and Later I was not having there number to contact them.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 13, 2017
    • Fullerton Personal Loan
      "Excellent service with High interest rate"
      0.5 5.0/5 "Blown Away!"
      Fullerton reached me immediately after giving my requirement. The service with Fullerton is really excellent and I would say my personal loan process was done with in 4 days of time. The customer service and the response is really good. The executives came and collected the required documents and after the documentation very next day my loan got disbursed,The required loan amount was not given but they have approved up to 75,000. The rate of interest is high when compared with others.
      Was this review helpful? 0
      , warangal
      Reviewed on Jul 12, 2017
    • Fullerton Personal Loan
      "Better Service"
      0.5 4.0/5 "Great!"
      Five years ago I had taken the personal loan from Fullerton. Interest rate is little more with them which is around 18%. Customer service is average. If there is no option to get the loan from any other banks, then we can approach Fullerton, for sure we will receive the loan with little more high interest rate.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Jul 12, 2017
    • Fullerton Personal Loan
      "Instance Response"
      0.5 5.0/5 "Blown Away!"
      Actually I was in a requirement so I applied for the personal loan with Fullerton. But I arranged and met with my requirements by own contacts so I dropped the loan plan. Fullerton provided a good response when I approached them for the loan and I had no issues with them.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jul 11, 2017
    • Fullerton Personal Loan
      "Dissatisfied"
      0.5 1.0/5 "Really Bad"
      After me applying with Fullerton there was no proper response from them to inform me what happened to my application of the personal loan which I applied I waited for so many days and I have called from my side they said they will check and get back to me But they dint. Again I have called back them to know my status, they just said they cannot process the loan because there is on going loan for me, Very much disappointed with their service and it is not recommendable
      Was this review helpful? 0
      , ghaziabad
      Reviewed on Jul 09, 2017
    • Fullerton Personal Loan
      "Dissatisfied "
      0.5 1.0/5 "Really Bad"
      The Fullerton India is charging very high interest rates they are offering the Personal loans for almost 13% interest rate.Compare to banks they have way high and I have asked them to negotiate so they have said not possible, I would suggest fuller tron to reduce the ROI
      Was this review helpful? 0
      , gandhidham
      Reviewed on Jul 06, 2017
    • Fullerton Personal Loan
      "DISSATISFIED"
      0.5 1.0/5 "Really Bad"
      I applied for the personal loan with Fullerton. Then I had received a call from them where they said that they can provide the loan for me loan was approved got the reference number, But later on again I received call from them after collecting the documents stating that loan cannot be processed.Even everything is good documents all are eligible for the loan but the Sundaram did not provide the loan for me also not disclosed the reason for the same.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jul 05, 2017
    • Fullerton Personal Loan
      "High Interest rate"
      0.5 5.0/5 "Blown Away!"
      Fullerton provided a very good response on my personal loan application. Customer service is really good and I had no issues with them during the loan process. But the rate of interest is comparatively high which is around 17.5% for the personal loan.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jul 03, 2017
    • Fullerton Personal Loan
      "DISSATISFIED"
      0.5 1.0/5 "Really Bad"
      The Fullerton India is charging very high interest rates they are offering the Personal loans for almost 19% interest rate , which is double than normal banks interest rate, so that was the reason I haven't proceed with Fullerton India personal loan. The customer service and the response was also not good with Fullerton. I would like to say that Fullerton can reduce the interest rates in future.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jun 30, 2017
    • Fullerton Personal Loan
      "High on ROI & processing charges"
      0.5 3.0/5 "Satisfactory"
      Since I was not comfortable with the rate of interest and processing fees and other charges. I did not take the personal loan from Fullerton. They were responsive and contacted me on time. Another reason is I was occupied so I could get to submit the documents as well.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 25, 2017
    • Fullerton Personal Loan
      "Not Satisfied with the services"
      0.5 1.0/5 "Really Bad"
      After me applying with Fullerton there was no proper response from them to inform me what would be the charges and about the process as well. It has not been a good experience and I would not wish to recommend the institution to others for the personal loan.
      Was this review helpful? 0
      , noida
      Reviewed on Jun 24, 2017
    • Fullerton Personal Loan
      "Need to reduce the interest rate"
      0.5 4.5/5 "Excellent!"
      The rate of interest was very high with Fullerton personal loan, so that was the I haven't proceed further with Fullerton India. The customer service and the response part was good with Fullerton. I would like to suggest Fullerton to reduce their interest rate to get their business.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 24, 2017
    • Fullerton Personal Loan
      "Interest rate should be flexible as other competitor"
      0.5 2.0/5 "Expected more"
      The major reason which I was not taken loan from Fullerton India is interest rate, they offered the interest rate around 28% it is higher side compared to other competitor. Hence I don't have interest to process, I do have all proper documents but they are not flexible when it comes to interest rate.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jun 23, 2017
    • Fullerton Personal Loan
      "Overall good"
      0.5 5.0/5 "Blown Away!"
      The prime reason why, I did not take the personal loan from Fullerton because they were offering me a lesser loan amount. I was requiring five lakhs and they offered me 1.2 Lakhs. The response was on time though and the interest rate and processing charges was normal.
      Was this review helpful? 0
      , madurai
      Reviewed on Jun 23, 2017
    • Fullerton Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      At present there is no loan requirement so that was the reason why I did not opt to avail loan from Fullerton India. Customer service and followup is really good with Fullerton. The rate of interest charged by them is very high when compared with others. Coming to their service it is good and I am very much satisfied with that.
      Was this review helpful? 0
      , mysore
      Reviewed on Jun 23, 2017
    • Fullerton Personal Loan
      "They have to work on service part"
      0.5 1.0/5 "Really Bad"
      I have not received any updates from Fullerton India what was going on, I keep on checking about my personal loan application status, they was no response. I thought it was under process, finally after a month I came to know my loan application got rejected. Fullerton India should provide time to time update through any kind of communication.
      Was this review helpful? 0
      , nagpur
      Reviewed on Jun 22, 2017
    • Fullerton Personal Loan
      "Need to reduce the interest rate"
      0.5 1.0/5 "Really Bad"
      The Fullerton India is charging very high interest rates they are offering the Personal loans for almost 24% interest rate , which is double than normal banks interest rate, so that was the reason I haven't proceed with Fullerton India personal loan. The customer service and the response was good with Fullerton. I would like to say that Fullerton can reduce the interest rates in future.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 21, 2017
    • Fullerton Personal Loan
      "No Proper Response"
      0.5 1.0/5 "Really Bad"
      I applied for the personal loan with Fullerton. Then I had received a call from them where they said that they cannot provide the loan for me. Even everything is good like the credit score and the documents all are eligible for the loan but the bank did not provide the loan for me also not disclosed the reason for the same.
      Was this review helpful? 0
      , mysore
      Reviewed on Jun 20, 2017
    • Fullerton Personal Loan
      "Average Average "
      0.5 3.0/5 "Satisfactory"
      I have got the personal loan with the Fullerton with the interest rate as 17%, also the customer service was kind of okay. I would like to say that the loan amount got disbursed within ten to fifteen days of time. I am okay with the rate of interest.
      Was this review helpful? 1
      , new delhi
      Reviewed on Jun 19, 2017
    • Fullerton Personal Loan
      "Communication part has to be improved"
      0.5 3.0/5 "Satisfactory"
      I have submitted all the documents to Fullerton, then there was no proper coordination on my loan process. No body have called me to inform about the application status. It would be good, if they give proper response to the customer's request that would be great.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 19, 2017
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