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
    12.49% - 33% Fixed
    6.0% One time fee
    15L Max
    1-4 Years
    Response Time : Within 30 minutes
    100% PAPERLESS APPROVAL
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    Fullerton Personal Loan Interest Rates is Rated as "Pretty good" by 3383 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
      "Need to reduce ROI"
      0.5 3.0/5 "Satisfactory"
      I have taken a personal loan with Fullerton and my loan experience was up to the mark. The loan amount was for Rs 1.30 lakhs with high interest rate when compared to others. Customer service was good and they collected documents on time. The tenure for this loan is 4 years.
      Was this review helpful? 1
      , amritsar
      Reviewed on Jul 06, 2018
    • Fullerton Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have taken personal loan from Fullerton finance , Am not satisfied with the rate of interest which is quiet high . Where the processing fees is 14000 including some insurance . They took 5 to 10 days for approval . They provided 3 year of tenure period and making the payment through ECS . As its instant loan process am satisfied with their customer service and response.
      Was this review helpful? 2
      , vapi
      Reviewed on Jul 03, 2018
    • Fullerton Personal Loan
      "Excellent Service"
      0.5 4.0/5 "Great!"
      The process in getting the loan had been easy and smooth. The loan amount which they had provided has been okay and they have provided me 85 thousand. There has not been any issues faced with the banking services of them. Their customer support also had been helpful at times.
      Was this review helpful? 1
      , ratnagiri
      Reviewed on Jun 29, 2018
    • Fullerton Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      The process in getting this loan has been very smooth and easy and there has not been any issues faced with them. The loan amount which they had provided me had been satisfactory but the interest rate with them has been quite high comparatively. There has not been any issues faced with the services offered by them.
      Was this review helpful? 0
      , jamshedpur
      Reviewed on Jun 29, 2018
    • Fullerton Personal Loan
      "Fullerton Review"
      0.5 0.5/5 "Unacceptable"
      Worst Staff. Not at all Co-operative. Faced issues during loan closure. Rude as well as uncooperative staff. Lack of courtesy and knowledge in staff . I had a worst experience with the staff member of fullerton mumbai. Please train your staff to be co-operative
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 29, 2018
    • Fullerton Personal Loan
      "Very Good"
      0.5 4.0/5 "Great!"
      I am having the personal loan with the Fullerton and the loan amount got disbursed within seven days of time. I am happy with them till now, also I have not faced any such issues as such. There are no hindrances with them till now.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 29, 2018
    • Fullerton Personal Loan
      "Need to reduce charges"
      0.5 4.0/5 "Great!"
      My personal loan was approved with Fullerton and the experience was good, the process took 2 weeks to complete. The loan amount was sufficient and the rate of interest was quite high. Customer service was good and they followed up on time. The tenure for this loan is for 5 years.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jun 28, 2018
    • Fullerton Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      Interest rate is around 18.5% for the personal loan with the Fullerton, also the response is better one too. I am happy with the Fullerton. Everything were completed on immediate basis with the Fullerton and I dont have any issues on it.
      Was this review helpful? 0
      , hosur
      Reviewed on Jun 28, 2018
    • Fullerton Personal Loan
      "Very Good services"
      0.5 4.0/5 "Great!"
      I have applied a loan amount of Rs. 2 lakhs. I'm not aware of the interest rates and processing fee. I used to make the EMI of Rs. 7100. I have taken the tenure period of 4 years. I used to make the payment through auto deducted from my bank account. I have got a very good experience from Fullerton.
      Was this review helpful? 0
      , guntur
      Reviewed on Jun 27, 2018
    • Fullerton Personal Loan
      "Not satisfied"
      0.5 1.0/5 "Really Bad"
      I have approved FULLERTON for a personal loan. The loan process was very good and The loan mount was 5 lakhs.. The given interest rate was very high than other banks and the tenure period was 3 years .My salary date is on 10th and my emi date is on 5 th which was but disappointing and cannot be changes also. The processing fee was nominal.
      Was this review helpful? 0
      , guwahati
      Reviewed on Jun 27, 2018
    • Fullerton Personal Loan
      "Procesing fee is high"
      0.5 3.0/5 "Satisfactory"
      I have received the loan time. I have applied a loan amount of 1.54 lakhs. They have offered me interest rate of 33%. The approval loan amount was 1.4 lakhs. After the deducted of processing fee and insurance they give the loan. Totally they have charged Rs. 6500 for that. They have taken a health insurance without my knowledge. After that i have received only Rs. 87000 in my hand
      Was this review helpful? 0
      , nasik
      Reviewed on Jun 27, 2018
    • Fullerton Personal Loan
      "Process is very fast according to customer's need"
      0.5 4.0/5 "Great!"
      I have applied a personal loan amount of 1.50 lakhs. According my eligibility they have offered me a loan of 1.20 lakhs. I gave a lot within 4 days and services was very nice. The documentation process was went smooth. I used to pay the EMI of Rs. 4900. They charged me a processing fee around of Rs. 6000 and for insurance of Rs. 8000. For that insurance, medical insurance coverage also available.
      Was this review helpful? 1
      , madurai
      Reviewed on Jun 26, 2018
    • Fullerton Personal Loan
      "Good Company for Personal loan"
      0.5 4.0/5 "Great!"
      Fullerton interest rates are 24% but other banks are offering 14 to 17% as interest rates. I have applied for the loan of 1.81 lakhs but after the deduction of processing fee i have received only 1.70 lakhs. After submitted all my documents, they have increased my interest and annual fee. Their is a huge difference between charges before and after applying for the loan. I taken this loan last month
      Was this review helpful? 1
      , aurangabad
      Reviewed on Jun 25, 2018
    • Fullerton Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The process in getting the loan has been very good and the loan amount which they had provided had been satisfactory as well. The rate of interest with them had been very good and there has not been any issues faced with the banking services which they are providing so far.
      Was this review helpful? 0
      , aurangabad
      Reviewed on Jun 25, 2018
    • Fullerton Personal Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I took a personal loan from Fullerton Rs. 1.7Lacs for 5 years I got the loan amount with in 3 days. Overall it has been a hassle free process taking personal loan from the Fullerton. The interest rate is okay. I never faced any issues during application.
      Was this review helpful? 0
      , rewa
      Reviewed on Jun 25, 2018
    • Fullerton Personal Loan
      "Very good"
      0.5 4.0/5 "Great!"
      My personal loan was taken with FULLERTON. The loan process was good. The customer service and responses was good . The loan amount was 3,60,000 and the interest rate was satisfactory .The tenure period was 4 years. The processing fee was nominal.
      Was this review helpful? 1
      , rajahmundry
      Reviewed on Jun 22, 2018
    • Fullerton Personal Loan
      "Better try with some other banks"
      0.5 3.0/5 "Satisfactory"
      Fullerton interest rates are too high. They have lots of verification process for that they have delayed the loan 20 days. Actually i have taken a loan of 1 lakhs but i have to pay 2.16 lakhs. For 60 months i have to pay 1 lakhs extra there must be a lots of hidden charges. They did not inform anything previously. Since I'm in need of money i have taken the money from them.
      Was this review helpful? 0
      , durgapur
      Reviewed on Jun 21, 2018
    • Fullerton Personal Loan
      "Wonderful"
      0.5 5.0/5 "Blown Away!"
      Customer service is good one with the Fullerton and the rate of interest is very nice one too. I would like to say that the rate of interest is around 30% and the loan amount got disbursed within a week of time.
      Was this review helpful? 0
      , kakinada
      Reviewed on Jun 20, 2018
    • Fullerton Personal Loan
      "Average"
      0.5 2.0/5 "Expected more"
      Customer service is good one for me with the Fullerton for the personal loan. Rate of interest is around 18% but they have committed me as it should be around 14%. I would like to say within fifteen days of time, the loan amount got disbursed.
      Was this review helpful? 0
      , guntur
      Reviewed on Jun 19, 2018
    • Fullerton Personal Loan
      "Good"
      0.5 3.0/5 "Satisfactory"
      Rate of interest is on higher end for the personal loan with the Fullerton compare with other sources. I would like to say that the customer service was very nice like I got the loan amount within a month of time.
      Was this review helpful? 1
      , hubli
      Reviewed on Jun 13, 2018
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