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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 3023 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.

    Fullerton Personal Loan Offers

    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
      "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
    • Fullerton Personal Loan
      "Quick process and high ROI"
      0.5 5.0/5 "Blown Away!"
      My experience with Fullerton was excellent. I got the personal loan within a week and also the amount as needed. The customer services and response was on time as I got updates. The interest rate was a bit high, it was of 17% and so was the processing charges. But for an emergence purpose one can use this.
      Was this review helpful? 0
      , ujjain
      Reviewed on Jun 17, 2017
    • Fullerton Personal Loan
      "Good Experience"
      0.5 4.0/5 "Great!"
      I felt Fullerton India interest rate is high but I am okay with that, my loan process was nominal. I got my loan amount from the bank without any hassles. Loan approved was around Rs.81,000 amount got credited around Rs.69,700, I am very much happy with their service.
      Was this review helpful? 0
      , cuttack
      Reviewed on Jun 16, 2017
    • Fullerton Personal Loan
      "Average "
      0.5 4.0/5 "Great!"
      I took the personal loan from Fullerton and the interest rate was around 22% and I want to close it because of some EMI date issues. Customer service is not really satisfactory also payment is not reflected on their system on an immediate basis, also I used to get calls a number of times for making the payment , though I have made it.
      Was this review helpful? 0
      , hosur
      Reviewed on Jun 16, 2017
    • Fullerton Personal Loan
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      Interest rate was around 18.5% for the personal loan with the Fullerton and the loan amount got disbursed within two days of time. The response and other aspects are good one, also all things went in the good way. I got the loan on time itself.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jun 16, 2017
    • Fullerton Personal Loan
      "Interest rate and charges has to be reduced"
      0.5 3.0/5 "Satisfactory"
      Fullerton charged me high interest rate, they charged me around 21% of interest, where other banks are providing 16% of interest. When I checked the Fullerton interest rate in the online channel, it showed 19.5% as fixed interest, while processing my loan application with Fullerton, they charged around 21% it was very high and for Rs.2.4 lakhs of loan they taken Rs.14,000 as processing fee, insurance and other charges.
      Was this review helpful? 0
      , hosur
      Reviewed on Jun 15, 2017
    • Fullerton Personal Loan
      "Interest rate and charges has to be reduced"
      0.5 4.0/5 "Great!"
      Everything went fine, apart from the interest rate and charges was too high. I took the loan amount of Rs.5.20 lakhs but the amount credited only Rs.4.97 lakhs nearly Rs.25,000 they deducted for processing fee and other charges . Fullerton charged 18.5% of interest it is high, if its better if they reduce the interest rate and charges that would be convenient to all.
      Was this review helpful? 0
      , vijayawada
      Reviewed on Jun 15, 2017
    • Fullerton Personal Loan
      "Customer friendly service"
      0.5 5.0/5 "Blown Away!"
      Fullerton offered me a reasonable interest rate, they were very prompt and they explained everything very patiently. I had taken the amount of one lakh with an interest around 11.9% its for the tenure of four years. I am very fine with Fullerton, I don't have any issue till date.
      Was this review helpful? 0
      , pondicherry
      Reviewed on Jun 14, 2017
    • Fullerton Personal Loan
      "Could reduce the rate of interest"
      0.5 3.5/5 "Pretty good"
      Rate of interest was around 21% to 22% for the personal loan with the Fullerton and the customer service was a kind of okay. Response was good one with the Fullerton. Customer service was fine one with the Fullerton. I have expected around 16% to 17%.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 14, 2017
    • Fullerton Personal Loan
      "Efficient Employee"
      0.5 4.0/5 "Great!"
      I had received good response from Fullerton when I approached them for the personal loan. The rate of interest is little bit high with them. But my application got approved in the beginning and it was rejected and again it got approved, I do not know what happened exactly. But the person who was looking after my application was very prompt. His name is Mr.Rakesh, he is so efficient in working on the loan process. I would like to give good ratings only because of Mr.Rakesh and his service. I would say that the work has been done graphically but the initial momentum was very slow with Fullerton.
      Was this review helpful? 0
      , ranchi
      Reviewed on Jun 12, 2017
    • Fullerton Personal Loan
      "Excellent "
      0.5 4.0/5 "Great!"
      Fullerton had offered the rate of interest as 25% and that's why I had not taken the personal loan from them. I am expecting the rate of interest to be around 15%. In future, if Fullerton offers the least interest rate , I would like to opt for their services.
      Was this review helpful? 0
      , navi mumbai
      Reviewed on Jun 10, 2017
    • Fullerton Personal Loan
      "Best service provider"
      0.5 3.5/5 "Pretty good"
      Rate of interest for the personal loan with the Fullerton was around 22%, which was okay for me. The loan amount got disbursed within fifteen to twenty days of time. Response is good one with them and the verification was done in a very good way with them. Processing charges were really huge with them.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jun 08, 2017
    • Fullerton Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I got the personal loan with the Fullerton because I got the offer only with them. Rate of interest was around 19% , also am happy with them. Processing charges were around 1100 Rupees and the loan amount got disbursed to my account within three days of time.
      Was this review helpful? 2
      , hosur
      Reviewed on Jun 08, 2017
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