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    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
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    Fees & Charges
    Good to Know
    Eligibility Criteria
    Fullerton Personal Loan Eligibility Calculator is Rated as "Pretty good" by 3257 Users

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    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
      "Not bad"
      0.5 3.0/5 "Satisfactory"
      I have my personal loan with FULLERTON. The loan process was quick but after 2 weeks only they have sanctioned the loan. I have taken 1 lakhs and the interest rate was 34% which was very high comparing to other banks in the market. They did not provided door step service for collecting document which was bit disappointing and the processing fee was 17,000.
      Was this review helpful? 1
      , belgaum
      Reviewed on Dec 09, 2017
    • Fullerton Personal Loan
      "Good"
      0.5 3.5/5 "Pretty good"
      I have my personal loan with FULLERTON. The customer service and responses was up to the mark. The loan amount was 4.75 lakhs and the interest rate was 18.5% which was very high They have sanctioned the loan with the committed time but the processing fee was 2.5% . My overall experience was good.
      Was this review helpful? 0
      , kolkata
      Reviewed on Dec 08, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken a personal loan from Fullerton .They have given the loan amount.I got a good experience banking with them. They had immediately responded to my request and shared the complete details.Net banking is convenient to make the payments.
      Was this review helpful? 0
      , aurangabad
      Reviewed on Dec 08, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken a personal loan with Fullerton. The loan amount is 1.57 lakhs,rate of interest is 13% low as compared to other banks.They had processed the request within 25 days.I make payments through ECS.The executives had shared the complete details.
      Was this review helpful? 0
      , nanded
      Reviewed on Dec 08, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      The loan disbursement was done within 10 to 12 days of time from Fullerton. The executives haven't came to my place to collect the documents, I went their office to submit the required documents. I haven't got the required loan amount from Fullerton. The customer support is average with Fullerton.
      Was this review helpful? 0
      , chennai
      Reviewed on Dec 07, 2017
    • Fullerton Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      The loan process was faster with Fullerton . Rate of interest was high compared to other banks. They charged processing fee around 4000 rupees. First I submitted the documents on online and again hard copy was given to the branch. There was one delay on the loan disbursement on the promised date.
      Was this review helpful? 0
      , madurai
      Reviewed on Dec 06, 2017
    • Fullerton Personal Loan
      "Better"
      0.5 4.0/5 "Great!"
      My personal loan was taken with Fullerton Bank through online portal. The rate of interest was 18%, which was very high compared to other banks. I have submitted my documents online. The process was faster and paperless approval. I make the payment through ECS.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Dec 06, 2017
    • Fullerton Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      The loan experience was good with Fullerton. The customer service has called me on time and provided the information. The documentation process was easy and provided a doorstep service. The rate of interest was little bit more compared to other banks. They have sanctioned the loan on time.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Dec 05, 2017
    • Fullerton Personal Loan
      "Interest and charge should be reduced"
      0.5 4.0/5 "Great!"
      The concern person who approved my loan, he told my interest was around 16 to 18% but finally Fullerton charged me 21% of interest and also they charged me Rs. 9000 as a processing fee. I applied for Rs. 1.70 but they only approved Rs. 1 lakh, amount credit around Rs. 91,000 from the account.
      Was this review helpful? 0
      , kolkata
      Reviewed on Dec 05, 2017
    • Fullerton Personal Loan
      "Looking for better interest Rate"
      0.5 5.0/5 "Blown Away!"
      They are very helpful, Fullerton executive coordinated well with me for the personal loan process. But interest high was very high they charged around 33% of interest, for the loan amount Rs. 1.25 lakh it has the tenure period of five years. It would be great if they reduce the rate of interest.
      Was this review helpful? 0
      , guwahati
      Reviewed on Dec 05, 2017
    • Fullerton Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      My personal loan was taken with Fullerton. The customer service was okay, after document collection the process has been delayed. After one week they did the disbursement. The rate of interest was bit high and they charged processing fee. I can pay EMI of 2400 rupees rather paying 52 days broken interest fee around 4000 rupees. There was no proper intimation.
      Was this review helpful? 0
      , chennai
      Reviewed on Dec 04, 2017
    • Fullerton Personal Loan
      "Average"
      0.5 4.0/5 "Great!"
      The loan process was good with Fullerton . The customer service and response was satisfactory. They had sanctioned the loan on time. I have taken 1L and 4K, for EMI charging 4800 rupees. It was paid through net banking. The rate of interest was little bit on the higher side when compared to other bankers.
      Was this review helpful? 0
      , mangalore
      Reviewed on Dec 04, 2017
    • Fullerton Personal Loan
      "Good service but interest rate to be reduced"
      0.5 5.0/5 "Blown Away!"
      The rate of interest was high compared to other banks otherwise I don't have any issues with Fullerton. They processed the loan very fast and informed properly. The customer service and response was good. They have offered around 1.68L. The documents are submitted to the branch directly.
      Was this review helpful? 0
      , vellore
      Reviewed on Dec 04, 2017
    • Fullerton Personal Loan
      "Documentation process should be simpler"
      0.5 3.0/5 "Satisfactory"
      I have lots of issues with Fullerton India, I undergone with lots of documentation process, I had tough time with them. But I would say their Interest rate is nominal for the personal loan. I would like to suggest their loan process and authentication should be simpler.
      Was this review helpful? 0
      , mumbai
      Reviewed on Dec 04, 2017
    • Fullerton Personal Loan
      "Its Good"
      0.5 4.0/5 "Great!"
      Fullerton India done a quick process, within four days they sanctioned the loan amount. Initially they told my EMI amount is around Rs.5883, but now Fullerton executive told it would be around Rs. 6600. I am not sure about my EMI amount at all and I didn't loan statement. I took the 1.55 lakhs for the tenure of 48 months.
      Was this review helpful? 2
      , salem
      Reviewed on Dec 04, 2017
    • Fullerton Personal Loan
      "Average service"
      0.5 5.0/5 "Blown Away!"
      I have applied personal loan for Rs,1,50,000 but I have got Rs,1.0,100. The customer support was good with the Fullerton, The service was good with the Fullerton personal loan concern. The rate of interest was 13% which is very high when compared with other banks.
      Was this review helpful? 0
      , jabalpur
      Reviewed on Dec 04, 2017
    • Fullerton Personal Loan
      "Needs to improve on Customer Service"
      0.5 1.0/5 "Really Bad"
      My personal loan application was rejected with FULLERTON, the reason was; there was no proper response from the customer service after the application was submitted. There was no follow up done and my experience was not good. The rate of interest was way high when compared to other sources.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 02, 2017
    • Fullerton Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      Rate of interest was around 13% for the personal loan with the Fullerton, also the loan amount got disbursed within three to four days of time. I am happy with the Fullerton, also I have not faced any issues with them.
      Was this review helpful? 0
      , banswara
      Reviewed on Nov 29, 2017
    • Fullerton Personal Loan
      "Recommedable"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with FULLERTON. The disbursed loan amount was 1 lakhs. The rate of interest with FULLERTON was 12 %. The monthly EMI is 3300 for 4 years.The documentation process was also fine. Its can be recommendable to others.
      Was this review helpful? 0
      , madurai
      Reviewed on Nov 25, 2017
    • 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
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