Multiple banks. Different interest rates. Call it a "conflict of interest".
  • loading

    We found 1 Fullerton Personal Loan Interest Rates
    Bank Name
    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
    100% PAPERLESS APPROVAL
    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 3435 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    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
    Apply for Personal Loan

    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
      "Good service"
      0.5 5.0/5 "Blown Away!"
      My personal loan was taken with FULLERTON INSTITUTION , customer service is up to the mark they follow up so nicely through out the process . They charge nominal rate of interest but they could charge little low processing fee . Other than that, i am really happy with their services .
      Was this review helpful? 0
      , dindigul
      Reviewed on Nov 18, 2018
    • Fullerton Personal Loan
      "Recommendable personal loan"
      0.5 2.0/5 "Expected more"
      I have taken the personal loan with Fullerton 7 months ago. I had applied for the balance transfer because they have provided the highest interest rate and i just want to apply for a new top up also. The loan process is good and the executive were taken care of all the things. They have given me a interest rate 33% which is higher to other companies.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 17, 2018
    • Fullerton Personal Loan
      "Need to reduce ROI"
      0.5 3.5/5 "Pretty good"
      My experience was good with Fullerton for personal loan, the process was smooth and i received my loan amount within 7-10 days. The loan amount was for Rs 1.58 lacs with high interest rate and the tenure period was for 3 years. Customer service was good with Fullerton and they responded on time.
      Was this review helpful? 2
      , jaipur
      Reviewed on Nov 16, 2018
    • Fullerton Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      The rate of interest and charges are satisfactory with Fullerton. I have applied for 2.5L and got 2.30L on my account. The monthly installment is 7,000 rupees through ECS. The documentation process was very normal and they have taken 10 days. The customer service and the response was good.
      Was this review helpful? 0
      , tiruchirapalli
      Reviewed on Nov 16, 2018
    • Fullerton Personal Loan
      "Need to reduce the interest rate"
      0.5 4.0/5 "Great!"
      The communication was good and they have delayed the verification process of my documentation and they have uploaded the data twice in the system. The interest rates were somewhat high and the service charges were lower. I have applied the loan amount of Rs. 1 lakhs and they have chosen the tenure period for 4 years. I have to start from my next month with the amount of Rs 3500.
      Was this review helpful? 1
      , vellore
      Reviewed on Nov 16, 2018
    • Fullerton Personal Loan
      "Need to reduce the rate of interest"
      0.5 5.0/5 "Blown Away!"
      The process was good and they have taken bit longer for the disbursement. The rate of interest is nearly about 27% for the personal which was very high in Fullerton compared to other banks. I opt the loan for 5 years. Monthly installment is Rs.4799 and it will be auto debited from the account.
      Was this review helpful? 0
      , tiruchirapalli
      Reviewed on Nov 16, 2018
    • Fullerton Personal Loan
      "Little improvement need to be there"
      0.5 3.5/5 "Pretty good"
      The services and response was very nice. The verification executive has given the wrong information like my door is locked due to this issue i faced some issues like the file got rejected because of the verification failure.The interest rates are too high. They have given me a interest rate of 19.5% and i'm very much disappointed of this. The loan got delayed for almost 3 days.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 16, 2018
    • Fullerton Personal Loan
      "Good loan experience"
      0.5 5.0/5 "Blown Away!"
      I have got the perosnal loan with Fullerton however the interest rates are little bit high. I have got the loan 20 days before. I have applied the loan amount for Rs. 1 lakhs. I'm not much satisfied with the interest rate however the service is good. The processing fee was nominal and the documentation process was nominal. I did not face any kind of issues.
      Was this review helpful? 2
      , gorakhpur
      Reviewed on Nov 16, 2018
    • Fullerton Personal Loan
      "Need to reduce the interest rate & improve customer service"
      0.5 2.0/5 "Expected more"
      I do have a personal loan with Fullerton and it was taken earlier. The loan duration is 5 years and I have completed one year. Actually the interest rate is too high. They are not providing a good service, I have issue on the settlement cheque. Am paying monthly 10,850 rupees for the personal loan.
      Was this review helpful? 0
      , thane
      Reviewed on Nov 15, 2018
    • Fullerton Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my personal loan with FULLERTON recently,they have provided me not sufficient loan amount up to 1,86,000 i expected more ,and the rate of interest they have charged me was up to 22% it was high for me and processing fee they have charged me was up to 14,000 it was high according to loan amount they have given they have approved my loan amount up to 2,00,000 and they have cut 14,000 and gave me loan amount.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 15, 2018
    • Fullerton Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      The services are very nice in Fullerton. I am very much happy with the response. The rate of interest and charges are okay to me. They are given me a personal loan on the right time which was very helpful to me. The executive came and took the documents at my doorstep.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 13, 2018
    • Fullerton Personal Loan
      "Processing should be reduced"
      0.5 5.0/5 "Blown Away!"
      I have Fullerton personal loan, they disbursed the loan amount within 3 days and also they gave me good interest rate of 11.5% for 12 months. But I am not okay with the processing fee of 2% its high from the disbursement.They do have pre closure and part payment option.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Nov 09, 2018
    • Fullerton Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      My personal loan was taken with FULLTERON INSTITUTION , the tenure period is 5year and i use to pay EMI on time . They charge 7000 rs processing fee . It was good, application process was smooth an hassle free. I got the loan amount with in a week. Service is up to the mark .
      Was this review helpful? 0
      , madurai
      Reviewed on Nov 08, 2018
    • Fullerton Personal Loan
      "GOOD"
      0.5 4.0/5 "Great!"
      There is no particular reason for taking the personal loan with the FULLERTON but the loan amount is not sufficient, because i have opted for higher amount. The rate of interest is nominal also the processing fee is there. The customer service is good.
      Was this review helpful? 1
      , amritsar
      Reviewed on Nov 07, 2018
    • Fullerton Personal Loan
      "Interest should be reasonble "
      0.5 5.0/5 "Blown Away!"
      I got quick reply from the fullerton for the loan process, even whenever I reach them for any queries they have responded well. But I am not happy with the interest rate, they charged me around 18% for the loan amount of Rs. 1 lakh for the total tenure of 5 years.
      Was this review helpful? 1
      , aurangabad
      Reviewed on Nov 05, 2018
    • Fullerton Personal Loan
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      I have applied for the personal loan with the FULLERTON where the process of getting the loan is simple and quick process also the documentation is easy to get the loan. The loan amount is sufficient and the rate of interest is 29% which is higher than others.
      Was this review helpful? 0
      , kakinada
      Reviewed on Nov 03, 2018
    • Fullerton Personal Loan
      "Loan process is simple"
      0.5 3.0/5 "Satisfactory"
      There is no particular reason for choosing the Fullerton for my personal loan. The loan amount got disbursed little bit delayed. The interest rates are high and processing fee is okay. I have got a interest rate of 17% and i'm not happy about it. I have applied the loan amount of Rs. 2 lakhs and i have got the same within a week. The documentation process was fine.
      Was this review helpful? 0
      , karur
      Reviewed on Nov 01, 2018
    • Fullerton Personal Loan
      "Time taking loan process"
      0.5 3.5/5 "Pretty good"
      Their process for availing a personal loan its taking almost one month. They have offered me a interest rate of 13% and the processing fee was 2%. Actually i have applied the loan amount of Rs. 6 lakhs and they have given only Rs. 3 lakhs. I'm not satisfied with the Fullerton customer and there is no proper response in their customer care when i apply for the loan.
      Was this review helpful? 0
      , nellore
      Reviewed on Nov 01, 2018
    • Fullerton Personal Loan
      "Interest rates should come down."
      0.5 4.0/5 "Great!"
      I applied for a Personal Loan and my application was processed quick by Fullerton Bank. They helped me when i was in need of money. But the interest rates here are high big time. So would request bank to lower this if possible. This loan has a 3 year tenuity period.
      Was this review helpful? 0
      , vapi
      Reviewed on Nov 01, 2018
    • Fullerton Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      It was a good experience with Fullerton for personal loan, the loan amount was based on my requirement with the tenure period of 5 years and with nominal interest rate. The process was smooth and i received my loan amount within 10 days. Customer service was good and they followed up on time.
      Was this review helpful? 1
      , nellore
      Reviewed on Oct 31, 2018
    Common Loader Icon

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    Loading your search...
    Close

    Compare, check your eligibility and apply online instantly.

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.