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 3112 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.

     Loading your search... Loading your search...
  • Personal Loan Reviews

    • Fullerton Personal Loan
      "Not satisfied"
      0.5 3.0/5 "Satisfactory"
      I have approached FULLERON for my personal loan.My application was rejected due to my low credit score.The rate of interest was 18% which is very high comparing to others banks in the market. However their customer service and responses was good. My overall experience was not satisfactory.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 21, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 3.5/5 "Pretty good"
      I have applied personal loan with Fullerton but I have arranged the required from other source so that was the reason I haven't got the loan from Fullerton. I may get the loan in next 3monhts. The rate of interest is high when compared with others.
      Was this review helpful? 0
      , guntur
      Reviewed on Sep 21, 2017
    • Fullerton Personal Loan
      "Extremely High on ROI & charges"
      0.5 4.0/5 "Great!"
      Fullerton was good in the initial process for the personal loan. I got the loan on time. But they were very high on the interest rate. I was offered a rate of 17% and when I foreclosed my loan I had to pay more. Though it was a balance transfer to another bank. I paid more than what I received. it was almost of 29K.
      Was this review helpful? 0
      , hospet
      Reviewed on Sep 21, 2017
    • Fullerton Personal Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      I have applied for my personal loan from FULLERON INDIA. I have rejected the application as their rate of interest was 17% which is quite high comparing to other banks in the market. However their customer service and responses were really good.
      Was this review helpful? 0
      , pune
      Reviewed on Sep 20, 2017
    • Fullerton Personal Loan
      "AVERAGE"
      0.5 2.0/5 "Expected more"
      The Fullerton team has disbursed my loan amount within a week time. The customer service was average with Fullerton. The rate of interest is high when compared with other banks. The processing fee was also high with Fullerton i have applied for 2 lakhs loan amount and they have offered is 16% ROI.
      Was this review helpful? 0
      , panipat
      Reviewed on Sep 20, 2017
    • Fullerton Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      The customer support was good with Fullerton but the rate of interest which was offered by Fullerton was high when compared with other institutions. So that was the reason I haven't processed the loan with Fullerton. The customer support asked me to submit the documents but I haven't haven't submitted it, because of their interest rate.
      Was this review helpful? 0
      , secunderabad
      Reviewed on Sep 18, 2017
    • Fullerton Personal Loan
      "Extremely High on ROI"
      0.5 5.0/5 "Blown Away!"
      The process at Fullerton is quick, I got the personal loan within three to four days. The executive came over and collected my papers. The interest rate is extremely very high. I was offered a rate of around 32% and the processing charges was of Rd.2585.
      Was this review helpful? 0
      , pondicherry
      Reviewed on Sep 18, 2017
    • Fullerton Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have approached FULLERTON for my personal loan . Their customer service and responses was really satisfactory . My salary was 15,000 so they have rejected my personal loan application and proper followups done from the bank end .I have not faced any issues with their services and overall it was good.
      Was this review helpful? 0
      , guwahati
      Reviewed on Sep 18, 2017
    • Fullerton Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      The Fullerton team has disbursed my loan amount within a week time. The customer service was average with Fullerton. The rate of interest is high when compared with other banks. The required loan amount was not disbursed, I have got only 95,000, but I have applied for 2,50,000. The processing fee was also high with Fullerton.
      Was this review helpful? 0
      , rajahmundry
      Reviewed on Sep 18, 2017
    • Fullerton Personal Loan
      "Okay"
      0.5 5.0/5 "Blown Away!"
      I got the personal loan with the rate of interest as 25% with the Fullerton. Processing charges were different and it did not match as I have mentioned before. I got the loan amount within a week of time. Response is really a good one for me with them.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 15, 2017
    • Fullerton Personal Loan
      "Services are good. But high on the ROI"
      0.5 5.0/5 "Blown Away!"
      Fullerton is good when it comes to personal loan. They collected my papers on time and it was processed as well. The loan was disbursed as expected. The rate of interest and processing charges was on the higher side when compared to the other banks.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 15, 2017
    • Fullerton Personal Loan
      "Not good not bad"
      0.5 3.0/5 "Satisfactory"
      I have approached FULLER ON for my personal loan . Their customer service was not on time and there is no proper response from them so I would like to rate 3 out 5. Their rate of interest was pretty okay and fees and charges was also nominal. My overall experience was not good but not bad.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Sep 15, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The Fullerton India just took a week time to disburse my loan amount. The customer service is very good with Fullerton. The loan process was smooth but their interest rate is high when compared with others banks. I have got the required loan amount from the Fullerton India.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 14, 2017
    • Fullerton Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      Personal loan got approved and disbursed with Fullerton. The response was pretty good with Fullerton. The documentation process went well and then they took around 1 week time to disburse my personal loan. The rate of interest is bit high when compared with others. Over all the service provided by Fullerton was good.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 14, 2017
    • Fullerton Personal Loan
      " not bad but interest rate too high"
      0.5 3.5/5 "Pretty good"
      Applied for a personal loan through Fullerton the application was rejected but their execute was on time to collect documents and they should maintain proper data because one representative said i am eligible same time other called and said i cant avail two at a time in same bank that was a bit annoying .The rate of interest is also too high .Over all services are not bad .
      Was this review helpful? 0
      , nasik
      Reviewed on Sep 14, 2017
    • Fullerton Personal Loan
      "Not a good experinse "
      0.5 3.0/5 "Satisfactory"
      Its a worst experience of availing personal loan through Fullerton because very high rate of interest was charged which is around 24-28 % where as other banks were providing an interest rate of 17-19% which is good, it would be great if they reduce the rate of interest according to market norms.And the tenure period of time is 48 months which is okay .
      Was this review helpful? 0
      , rewari
      Reviewed on Sep 14, 2017
    • Fullerton Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      Helpful representatives from the date I applied for my loan ,I feel the interest rate was little high ,documents part I have uploaded all my documents through online even the responsibility from their representatives was good ,overall it was an good service from FULLERTON.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Sep 13, 2017
    • Fullerton Personal Loan
      "Quick process"
      0.5 5.0/5 "Blown Away!"
      It was a smooth process with Fullerton. I got the personal loan on time and as expected. There was no much of document process. Just that they were a bit high on the interest rate and charges when compared to the other banks. The services is good.
      Was this review helpful? 0
      , kolkata
      Reviewed on Sep 13, 2017
    • Fullerton Personal Loan
      "Services are good. ROI is high"
      0.5 4.5/5 "Excellent!"
      It was a good experience with Fullerton for the personal loan. I got the loan within ten days. Though the interest rate was high when compared to the other normal banks. I went ahead because I had an emergency. The rate was around 18% and I would not wish to recommend them due to the high charges.
      Was this review helpful? 0
      , hosur
      Reviewed on Sep 13, 2017
    • Fullerton Personal Loan
      "Not satisfied"
      0.5 2.5/5 "Just OK"
      I am not impressed with FULLERTON as they are not up to the mark when it comes to customer service and I have approached them for my personal loan and realized that it is a tedious process because they asked me to submit too many documents for verification and took lot of time. Later they denied to sanction the loan also due to my pay slips. so i won't recommend it to anyone. especially when i raised a query they have failed to respond me .
      Was this review helpful? 0
      , indore
      Reviewed on Sep 12, 2017
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.