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 available
    What you'll love
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    Perks
    Think about
    Fees & Charges
    Good to Know
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    Fullerton Personal Loan Interest Rates is Rated as "Pretty good" by 3152 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 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.

    Fullerton Personal Loan Interest Rates Reviews

    • Fullerton Personal Loan
      "Satisfied"
      0.5 4.0/5 "Great!"
      I don't have any complaint with the Fullerton for the personal loan. I would like to say that the rate of interest is the only constraint and nothing more than that like rest of the things are really up to the mark with the Fullerton.
      Was this review helpful? 0
      , goa
      Reviewed on Oct 17, 2017
    • Fullerton Personal Loan
      "Good experience"
      0.5 4.0/5 "Great!"
      I felt the experience with Fullerton to be very good. The whole process took very little time. The paper work involved were minimal. I felt the rate of Interest also to my liking, I found a correct Financial service in the correct time. Their customer service is also good.
      Was this review helpful? 0
      , vijayawada
      Reviewed on Oct 16, 2017
    • Fullerton Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      I experienced a bit of delay with FULLERTON for the personal loan. It took at-least 20 to 25 days to get the loan amount. The process of document collection was smooth, where an executive came over and collected the documents on time at one shot and everything was fine. The rate of interest was quit high and the processing charges as well
      Was this review helpful? 0
      , hyderabad
      Reviewed on Oct 15, 2017
    • Fullerton Personal Loan
      "Average service"
      0.5 4.0/5 "Great!"
      The Fullerton personal loan tenure is for 4 years. The rate of interest which they have offered was high when compared with others. The customer service is good with Fullerton and they just taken 4 days to disburse my loan amount. I am satisfied with the loan amount.
      Was this review helpful? 0
      , nagpur
      Reviewed on Oct 14, 2017
    • Fullerton Personal Loan
      "Bad"
      0.5 1.0/5 "Really Bad"
      Customer service was not up to the mark i would say for FULLERTON INDIA . They provided me 33% of floating rate of interest which was serious high and the processing fee they charged was 6k they did not approve me the whole amount they only gave approval of one lakh as i asked for two 2 lakh . They charged me twelve thousand for no reason and every thing was told me to in a proper way.
      Was this review helpful? 0
      , belgaum
      Reviewed on Oct 14, 2017
    • Fullerton Personal Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      Customer service was good one with the Fullerton and the response was fine with them for the personal loan. I am totally happy with the Fullerton and I don't have any issues with them.
      Was this review helpful? 0
      , bhopal
      Reviewed on Oct 13, 2017
    • Fullerton Personal Loan
      "Satisfied"
      0.5 3.5/5 "Pretty good"
      I have got the personal loan with the Fullerton for the interest rate as 33%. I would like to say that the customer service was good one for me and the loan amount got disbrused within a week of time.
      Was this review helpful? 0
      , jamshedpur
      Reviewed on Oct 13, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have applied for the personal loan from FULLERTON, i am very happy that my loan application was approved and the required loan amount was disbursed. The customer service and response was very good, i did not expect that the process will be very fast and my loan amount was approved within a week so i am very much satisfied. The rate of interest was nominal when compared to other sources.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 13, 2017
    • Fullerton Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      Fullerton was good in the services and process and the experience has been good.The drawback is I did not get the loan as per my expectations,They have charged me so much and the Rate of Interest was also very high,need to look into it,Fullerton took normal time to complete the process, and their services where good and the executive came and collected the documents It took with in a weeks to complete the entire process.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Oct 13, 2017
    • Fullerton Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      Fullerton was good in the services and process and the experience has been very good as I got the loan as per my expectations.Customer service and response was good. Fullerton took normal time to complete the process, and their services where good and the executive came and collected the documents It took 20 to 25 days to complete the entire process.Honestly speaking the loan would have got disbursed before hand, as I was not in station the process was extended a bit.
      Was this review helpful? 0
      , new delhi
      Reviewed on Oct 13, 2017
    • Fullerton Personal Loan
      "Nice site"
      0.5 5.0/5 "Blown Away!"
      Bankbazaar.com site is very nice and quick loan Very good service as of now. Customer service is very good, response is very fast and as per customer's convince. Multiple options for customer to choose with, be it any type of product, customer response, etc. Over all bankbazaar is doing a great job.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 13, 2017
    • Fullerton Personal Loan
      "Huge Interest Rate"
      0.5 1.0/5 "Really Bad"
      It was an emergency that I took a loan with Fullertron, and that would all be the reason. I had a very bad experience with them. First of all I asked for Rs.1 Lakh but the amount that got approved was Rs.83000. When it came to hand the actual amount that I recieved was around Rs.72000. With the interest rate of 33% the whole thing looks to redicolous to handle.
      Was this review helpful? 0
      , bharuch
      Reviewed on Oct 13, 2017
    • Fullerton Personal Loan
      "Average service"
      0.5 2.0/5 "Expected more"
      Fullerton executive came to my place and collected my required documents and they have done with their verification process. They have taken around a week time to disburse my loan amount. The rate of interest is high with Fullerton when compared with others. I got the insurance along with the personal loan but they haven't provided new health cards.
      Was this review helpful? 0
      , guntur
      Reviewed on Oct 12, 2017
    • Fullerton Personal Loan
      "Overall process is good"
      0.5 4.5/5 "Excellent!"
      I have taken a personal loan from Fullerton and the process is excellent. I got the loan on time and I am happy that the loan amount that was disbursed as per my request. I was also comfortable with the interest rate and processing charges. It is normal.
      Was this review helpful? 0
      , thiruvananthapuram
      Reviewed on Oct 12, 2017
    • Fullerton Personal Loan
      "Interest rate should be reduced"
      0.5 3.0/5 "Satisfactory"
      Fullerton India gave me 33% of interest it was extremely high. Hence I transfered the loan into ICICI, I took the amount of Rs.1 lakh for the tenure of four years. Fullerton charged me balance transfer processing fee as Rs.7000 its really bad.
      Was this review helpful? 0
      , jorhat
      Reviewed on Oct 12, 2017
    • Fullerton Personal Loan
      "Very high interest rate"
      0.5 2.0/5 "Expected more"
      The application process was very simple and took me very few days to complete all the formalities. I had a good experience with them. To be frank the interest rate of 27.5% is very high. They informed me that rate of interest would be reduced but nothing as such has happened untill now.
      Was this review helpful? 0
      , mumbai
      Reviewed on Oct 12, 2017
    • Fullerton Personal Loan
      "Service is good. But very high on rate of interest"
      0.5 4.0/5 "Great!"
      Overall it was very good experience Fullerton for the personal loan. The process was on time. My paper work was collected on time and the loan amount was as per my expectation. The major drawback is the extreme high rate of interest. I was offered a rate of around 30%.
      Was this review helpful? 0
      , guwahati
      Reviewed on Oct 12, 2017
    • Fullerton Personal Loan
      "average service"
      0.5 2.0/5 "Expected more"
      I am not happy with the service of FULLERTON ,I have submitted 60 % of my documents which they as still there was no proper response from them ,customer service is not even helpful ,I am very much disappointed with their overall service of FULLERTON for my personal loan service.
      Was this review helpful? 0
      , eluru
      Reviewed on Oct 11, 2017
    • Fullerton Personal Loan
      "DISSATISFIED"
      0.5 1.0/5 "Really Bad"
      It has not been a very satisfactory experience also with Fullerton the loan amount which i opted for that i dint receive,Initially they said the loan amount i opted for is 1.9 laks.later they informed me that loan amount 1.9 cannot be process only 1.3 laks can be processed when i asked y this much low amount they said they can process this much only,,documents have been submitted my myself,i did not receive any statement Rate Of Interest was 33% and processing fee was 10000/- and 6000k was charged separately that which i don't know for what. I applied loan on 25th of Jan and received amount on 3rd Feb.
      Was this review helpful? 0
      , jabalpur
      Reviewed on Oct 09, 2017
    • Fullerton Personal Loan
      "DISSATISFIED"
      0.5 1.0/5 "Really Bad"
      It has not been a very satisfactory experience also with Fullerton the loan amount which i opted for that i dint receive,Initially they said the loan amount i opted for is 1.9 laks.later they informed me that loan amount 1.9 cannot be process only 1.3 laks can be processed when i asked y this much low amount they said they can process this much only,,documents have been submitted my myself,i did not receive any statement Rate Of Interest was 33% and processing fee was 10000/- and 6000k was charged separately that which i don't know for what. I applied loan on 25th of Jan and received amount on 3rd Feb.
      Was this review helpful? 0
      , chennai
      Reviewed on Oct 09, 2017
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