Multiple banks. Different interest rates. Call it a "conflict of interest".
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    We found 1 Fullerton Personal Loan Interest Rates
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    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
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    Fullerton Personal Loan Interest Rates is Rated as "Pretty good" by 3408 Users

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    Fullerton Personal Loan Interest Rates

    About Fullerton Personal Loan

    From renovating your home and going on a vacation abroad to buying gadgets and planning a wedding, personal loans offered by Fullerton can help you fulfil your dreams. You can acquire a personal loan by simple documentation and hassle-free processing offered by Fullerton. You can choose a loan tenure from 1 to 4 years and avail of attractive personal loan interest rates. Customers do not have to hypothecate any assets to avail of a personal loan from Fullerton India.

    Fullerton Personal Loan Interest Rates

    Personal loan offered by Fullerton depends on several factors such as a customer’s credit history, monthly income and repayment capacity among others. Fullerton personal loan interest rate 2015 ranges from 12.75% to 35%. Customers can repay their personal loan in equated monthly installments (EMIs). At the time of booking of a personal loan, Fullerton will calculate the EMI based on the loan amount approved, interest rate and tenure.

    Fullerton Personal Loan Interest Rate Table:

    Fullerton Personal Loan Interest Rates 2018

    Particulars Salaried Self-Employed
    Interest rate 20% p.a. to 49% p.a. 20% p.a. to 49% p.a.
    Loan Amount Maximum: Rs.20 lakh Maximum: Rs.30 lakh
    Loan Tenure Minimum: 12 months
    Maximum: 48 months
    Minimum: 12 months
    Maximum: 48 months
    Lowest EMI NA NA
    Processing Fee Up to 6.5% of the loan amount Up to 6.5% of the loan amount
    Age Minimum: 21 years
    Maximum: NA
    Minimum: 21 years
    Maximum: NA
    Prepayment/Foreclosure Charges Within 6 months from the Agreement Date: 7.00%
    From 7 months to 17 months from the Agreement Date: 7.00%
    From 18 months to 23 months from the Agreement Date: 5.00%
    From 24 months to 35 months from the Agreement Date: 3.00%
    After 36 months from the Agreement Date: No charge
    ? Within 6 months from the Agreement Date: 7.00%
    From 7 months to 17 months from the Agreement Date: 7.00%
    From 18 months to 23 months from the Agreement Date: 5.00%
    From 24 months to 35 months from the Agreement Date: 3.00%
    After 36 months from the Agreement Date: No charge

    How to Calculate Interest/ EMI on my Fullerton Bank Personal Loan?

    Equated Monthly Installment or EMI for short is the amount paid to the bank every month until the loan is completely paid. EMI comprises the interest on loan in addition to the principal to be repaid. The sum of principal and interest is divided by the tenure of the loan. Top rate aggregator websites such as bankbazaar.com provide a personal loan EMI Calculator which helps customers calculate the exact EMI which needs to be paid. All a customer has to do is enter the details of loan amount, tenure, interest rate applicable and processing fee, if any and click ‘calculate’. The customer will then find all the required information such as amortization figures and loan repayment figures for a specific loan amount.

    An amortization table provide a breakdown of loan repayment, i.e, principal and interest for a specific loan amount. The amortization table displays each payment to be made after principal is deducted resulting in new balance after each payment.

    For instance, Sudeep Varma, a 33-year-old marketing executive, takes a personal loan of Rs.5 lakh at an annual interest rate of 17.25%. Varma opts for a repayment tenure of 4 years. Varma, therefore, has to pay an EMI of Rs. 14,492 per month. The amortization table is as follows:

    YearPrincipal paid (Rs)Interest paid (Rs)Balance amount (Rs)
    Year 194,93178,9774,05,069
    Year 21,12,66561,2422,92,404
    Year 31,33,71240,1951,58,692
    Year 41,58,69215,2160
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    Factors affecting your Fullerton Personal Loan Interest Rates

    There are various factors which affect interest rates offered on Fullerton personal loan as listed below.

    • Loan tenure: Interest rate offered by Fullerton depends upon the loan tenure chosen by customers. If the customer opts for a short loan tenure, the bank is most likely to charge a higher interest rate as compared to loans offered on longer tenures.
    • Repayment capacity: The repayment capacity of a borrower is of seminal importance. Banks usually provide personal loans up to 10 times the monthly salary of a customer. Banks check the CIBIL score of an applicant to determine his repayment capacity.
    • Relationship with Fullerton: If a customer has a good rapport with his or her bank, there is no trust deficit. The bank can, therefore, reduce the interest rates offered to a privileged customer. Also, a customer with a long-standing relationship with the bank can negotiate a lower interest rate for acquiring a personal loan.
    • Employment details: The employment history and profile of a customer are one of the factors which determine the interest rates offered by Fullerton. Salaried individuals may be offered lower interest rates as compared to those who are self-employed, in most cases.

    Note: Fullerton can alter its Interest rates at its discretion.

    How CIBIL score affects Fullerton Personal Loan Interest Rate?

    CIBIL score reveals an individual’s repayment capacity and credit history. A robust CIBIL score will boost the chances of a loan applicant to acquire a personal loan at competitive interest rates. If loan applicants have a low CIBIL score, they are unlikely to get their loan approved. If Fullerton decides to approve a loan request by an individual who has a low credit score, the interest rate charged on the loan may be higher compared to those who have a good credit score.

    Key things about Fullerton Personal Loan Interest Rates

    Before applying for a personal loan by Fullerton, you would do well to examine the following factors:

    • If you are an existing customer of Fullerton, you will get additional benefits on the processing time and interest rate. Customers can also avail of a pre-qualified top-up on existing principal outstanding.
    • To avail of a personal loan by Fullerton, you do not need a guarantor.
    • Banks do not raise their interest rates immediately when RBI raises the repo rate. In some cases, a bank will be reluctant to pass on the increased repo rate to its customers if it has had a lean growth rate in the recent past. Banks analyze their liquidity and cost of funds before passing on the hike in repo rate to their customers by way of increased interest rates on personal loans.
    • Banks offer personal loans to both salaried individuals and self-employed individuals. The applicable interest rate will depend on the credit score of an applicant and regular income among other factors.

    Fullerton Personal Loan Interest Rates Reviews

    • 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? 3
      , 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? 2
      , 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? 0
      , 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? 3
      , 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? 0
      , 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? 1
      , 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? 1
      , 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? 1
      , 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? 4
      , 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? 2
      , 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? 2
      , 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? 3
      , 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? 1
      , 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? 4
      , 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? 1
      , erode
      Reviewed on Aug 14, 2018
    • Fullerton Personal Loan
      "GOOD LOAN"
      0.5 4.0/5 "Great!"
      The fund transfer was smooth, ROI-was little high, its for 5 years, i have applied the loan in online and also i uploaded the documents in online, again i submitted the hard copy to the Fullerton office, they can minimize the processing time, other than that its a good loan.
      Was this review helpful? 1
      , bharuch
      Reviewed on Aug 14, 2018
    • Fullerton Personal Loan
      "High on ROI and charges"
      0.5 3.0/5 "Satisfactory"
      The experience is good with Fullerton. I have taken a personal loan and I received the loan in 48hours. They also cooperated very well. The documents was taken on time. The rate of interest is pretty high, it is around 20.5% and through I do not know the exact professing fee taken, but it was on the higher side.
      Was this review helpful? 1
      , dibrugarh
      Reviewed on Aug 11, 2018
    • Fullerton Personal Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      My personal loan was taken with FULLERTON .The process was very good but their processing fee was very high.The loan amount was 1,54,000 and the interest rate was satisfactory .The tenure period was 5 years. I had a smooth and hassle free experience but i faced tediousness in documentation part. They have sanctioned loan within the committed time.
      Was this review helpful? 1
      , jamshedpur
      Reviewed on Aug 09, 2018
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