Multiple banks. Different interest rates. Call it a "conflict of interest".
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    We found 1 Fullerton Personal Loan Interest Rates

    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 option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria

    Fullerton Personal Loan Interest Rates is Rated as "Pretty good" by 3036 Users

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    Promised Interest Rate

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    Personal Loan BYTES FROM OUR KITCHEN

    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 2017

    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.
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  • Fullerton Personal Loan Interest Rates Reviews

    • Fullerton Personal Loan
      "Services are good & high ROI"
      0.5 5.0/5 "Blown Away!"
      I cancelled my personal loan application with Fullerton because they were pretty high on the rate of interest and processing charges. They were charging me around 16% to 18%. The processing charges is also high. The services and response was on time.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 24, 2017
    • 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
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