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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
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    Fullerton Personal Loan Interest Rates is Rated as "Pretty good" by 3344 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!"
      I have approached FULLERTON for my personal loan. There is no requirement for the loan as of now so i have canceled the loan process. The loan amount was 4 laksh and interest rate was 30% which is high .The customer service and responses was good.
      Was this review helpful? 0
      , aurangabad
      Reviewed on May 20, 2018
    • Fullerton Personal Loan
      "Worst Service"
      0.5 1.0/5 "Really Bad"
      I'll never recommend loan from Fullerton , the 19.5 % interest rate is very high. I took a loan for a 237000 and after all deductions INR 224000 credited to my account which wasn't unacceptable. The customer support services are also bad and not approachable.
      Was this review helpful? 0
      , new delhi
      Reviewed on May 16, 2018
    • Fullerton Personal Loan
      "Average service"
      0.5 5.0/5 "Blown Away!"
      The Fullerton service was good in regards to my personal loan application. I have got the loan amount within a week time. The customer support service and the response is very good from the Fullerton. The rate of interest and the charges are high with the Fullerton personal loan service.
      Was this review helpful? 0
      , kolkata
      Reviewed on May 16, 2018
    • Fullerton Personal Loan
      "Service is good "
      0.5 5.0/5 "Blown Away!"
      The customer support service was good from the Fullerton in regards to my personal loan application. I have got the loan amount within 5days of time. The rate of interest and the charges are average pretty high with the Fullerton service when compared with others.
      Was this review helpful? 0
      , jabalpur
      Reviewed on May 16, 2018
    • Fullerton Personal Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      The Fullerton personal loan service was good and I have got the loan amount within 4days of time. The customer support service and the response is good from the Fullerton. The rate of interest and the charges were high with the Fullerton when compared with others , It would be great if they can minimize the interest rate.
      Was this review helpful? 0
      , tiruchirapalli
      Reviewed on May 16, 2018
    • Fullerton Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The required documents were not available to proceed with the Fullerton personal loan , so that was the reason I haven't got the loan from the Fullerton. The customer support service and the response is quite good from Fullerton. The rate of interest and the charges were average.
      Was this review helpful? 0
      , kurnool
      Reviewed on May 16, 2018
    • Fullerton Personal Loan
      "Unhappy with the services"
      0.5 1.0/5 "Really Bad"
      The experience at Fullerton has not been a up to the mark service for the personal loan. They were not transparent about the rate of interest and processing fees. Though I kept checking about the same from the on start of the process. I wast initially told the processing fee and document charges would be around 800 to 1000 and I was finally charged 17K. So I cancelled the loan. The interest rate was of 18.75%.
      Was this review helpful? 0
      , guntur
      Reviewed on May 14, 2018
    • Fullerton Personal Loan
      "Service is good. But high on ROI"
      0.5 5.0/5 "Blown Away!"
      The experience at Fullerton was good. They were on time to collect my paper work and the process the loan with ease. I got the personal loan in one week. But the rate of interest is on the higher side. I was offered a rate of 33% and the processing charges was around 7K.
      Was this review helpful? 0
      , rudrapur
      Reviewed on May 14, 2018
    • Fullerton Personal Loan
      "Services are good"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with Fullerton. The documents were collected from my home and I also had to go over to their office twice and submit the remaining paper work. The team was cooperative. I got the loan in three days. The rate of interest is of 33% which is very high, but I went ahead because I was in need of it. The processing charges are around 7K which is inclusive of insurance too.
      Was this review helpful? 0
      , belgaum
      Reviewed on May 12, 2018
    • Fullerton Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I didn't got the personal loan from the Fullerton , even I have arranged for the required documents on time, but they haven't gave me any response in regard to my personal loan application. The custom,re support service an the response need to be improve d with the Fullerton.
      Was this review helpful? 0
      , kurnool
      Reviewed on May 11, 2018
    • Fullerton Personal Loan
      "Average loan"
      0.5 4.0/5 "Great!"
      The personal Loan is taken through the fullerton bank compared to other banking sector the interest rate is quite high this is older loan like I took the loan on 2009-2010. Now it is closed fully bu that was a good experience.
      Was this review helpful? 0
      , chennai
      Reviewed on May 03, 2018
    • Fullerton Personal Loan
      "Good"
      0.5 4.5/5 "Excellent!"
      My personal loan was taken w ith FULLERON . The loan amount was 1.8 lakhs and the Interest rate was 30% which is very high in the market and the tenure period was 3 years . The customer service and responses was up to the mark. The processing fee was nominal.My overall experience was good.
      Was this review helpful? 0
      , vijayawada
      Reviewed on Apr 19, 2018
    • Fullerton Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      My personal loan application was approved with Fullerton and the experience was very good. The process was quick and i received my loan amount within 2-3 days. The loan amount was for Rs 1.3 lakhs for 5 years with nominal interest rate. Customer service was good and they collected documents on time.
      Was this review helpful? 0
      , jabalpur
      Reviewed on Apr 17, 2018
    • Fullerton Personal Loan
      "Better service"
      0.5 4.0/5 "Great!"
      My personal application was approved with Fullerton and the loan experience was good, the process was smooth and i received my loan amount within 10 days. I have taken loan for Rs 1.58 lakhs for 4 years. The rate of interest is nominal when compared to other sources. Customer service was good and they followed up on time.
      Was this review helpful? 0
      , jabalpur
      Reviewed on Apr 16, 2018
    • Fullerton Personal Loan
      "Excellent service"
      0.5 4.0/5 "Great!"
      The Fullerton personal loan service was good and they have approved the loan within the promised time, but they took time to disburse the cheque, which gave me disappointment. The required loan amount has been disbursed and I am satisfied with it.
      Was this review helpful? 0
      , vijayawada
      Reviewed on Apr 16, 2018
    • Fullerton Personal Loan
      "ROI and processing charges are high"
      0.5 4.0/5 "Great!"
      The process is okay with Fullerton. I have taken a personal loan. The documents were collected on time. The customer services and response is good. The processing charges are high plus there was an insurance fee taken. 1.39 Lakh was sanctioned and I got 1.08 Lakh only in my account after the deductions. The rate of interest was also high. It is around 18%.
      Was this review helpful? 0
      , karaikudi
      Reviewed on Apr 14, 2018
    • Fullerton Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The required loan amount has been disbursed by Fullerton in regards to my personal loan. The customer support service is good with the Fullerton and they gave me better response. The rate of interest and the charges are bit high with the Fullerton when compared with others.
      Was this review helpful? 0
      , mumbai
      Reviewed on Apr 12, 2018
    • Fullerton Personal Loan
      "ROI and charges are high"
      0.5 3.0/5 "Satisfactory"
      I have taken a personal loan from Fullerton. The process was on time. It was a good experience. The rate of interest is around 12% it is high and the processing charges are high too. It would be better if they are lower on the interest rate and charges.
      Was this review helpful? 0
      , vijayawada
      Reviewed on Mar 29, 2018
    • Fullerton Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The Fullerton personal loan service was good but the rate of interest and the charges are very high . The customer support service is good from the Fullerton, whenever I reach them for any queries I get good response them. The required loan amount has been given and they have charges Rs,9000.
      Was this review helpful? 0
      , mangalore
      Reviewed on Mar 23, 2018
    • Fullerton Personal Loan
      "High ROI and charges"
      0.5 3.0/5 "Satisfactory"
      I have taken a personal loan from Fullerton. The process is great and I got the loan in two days. The rate of interest is high. I was expecting a lower interest rate. Since there was an emergency need of money I went ahead for the loan. The interest rate of around 21% and the processing fees is also high. I would recommend them for customer who are in urgent need.
      Was this review helpful? 0
      , bilaspur
      Reviewed on Mar 23, 2018
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