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
    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 3059 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    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
    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.
     Loading your search... Loading your search...
  • Fullerton Personal Loan Interest Rates Reviews

    • Fullerton Personal Loan
      "Services are good"
      0.5 5.0/5 "Blown Away!"
      It was a good experience with Fullerton, I am happy with the process. I have taken a personal loan and the customer services is good. They were responsive in collecting the documents and the processing my papers. The interest rate and processing charges was average.
      Was this review helpful? 0
      , kolkata
      Reviewed on Aug 17, 2017
    • Fullerton Personal Loan
      "DISSATISFIED"
      0.5 2.0/5 "Expected more"
      Fullerton was not providing proper customer support service, they were actually providing a very late response also they were taking too much of time to provide the status of the product. The rate of interest is okay when compared with others without my knowledge they have charged around 6000 for health insurance, I would suggest Fullerton to improvise their service
      Was this review helpful? 0
      , alwar
      Reviewed on Aug 17, 2017
    • Fullerton Personal Loan
      "High charges"
      0.5 5.0/5 "Blown Away!"
      Fullerton had collected so many charges like documentation charge, processing fee and few other things. WHen I asked them about a lot of charges, they simply said that they are not a government sector for collecting minimum charges. So I could not say anything to them. Apart from charges, their interest rate is also high. They said they would take around 3000 for processing and other process, but overall they took 14000 for office verification, residential verification and document verification. But they sanctioned the loan on time.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 16, 2017
    • Fullerton Personal Loan
      "Interest rate is high"
      0.5 3.0/5 "Satisfactory"
      What I feel about Fullerton is the rate of interest is little bit higher than the other banks. Especially when I compared with ICICI bank, Fullerton is on higher side. Other than the rate of interest, rest of the services are quite good and appreciable.
      Was this review helpful? 0
      , rajahmundry
      Reviewed on Aug 14, 2017
    • Fullerton Personal Loan
      "Disappointed with the services"
      0.5 2.5/5 "Just OK"
      I could not proceed ahead with Fullerton because I was not ready with the documents they required. After which when I contacted them to inform them about the documents, without discussing further. They disconnected the call. The interest rate and charges was high.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 14, 2017
    • Fullerton Personal Loan
      "Rate of interest should be reduced"
      0.5 5.0/5 "Blown Away!"
      Fullerton India offered me the interest rate around 37% it was extremely high compared to other banks. But they denied to reduce the rate. Their response was good but I am okay with rate of interest was very high. Hence I am not interest to go head with them.
      Was this review helpful? 0
      , nasik
      Reviewed on Aug 11, 2017
    • Fullerton Personal Loan
      "Interest rate should be competative"
      0.5 4.0/5 "Great!"
      It a nice institution helped me on loan part, their rate of interest is quite high. They offered me around 17% hence I am thinking to do the balance transfer to other bank. Even for that some charges applicable. Other than that service wise Fullerton India is good
      Was this review helpful? 0
      , lucknow
      Reviewed on Aug 10, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      My personal loan process was quick with Fullerton. They have processed my loan within 3 to 4 days of time. The required loan amount has been disbursed and I am satisfied with the loan amount. The rate of interest is high when compared with others.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 10, 2017
    • Fullerton Personal Loan
      "Smooth process "
      0.5 4.0/5 "Great!"
      In short, Fullerton Process was very smooth, It is very easy to apply for the loan they contacted me and provided the loan. . Interest rate is slightly on the higher side and the processing fee is fine. I had received a sanction letter and loan agreement form but i had not received mail or any sort of correspondence from them through mail.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 10, 2017
    • Fullerton Personal Loan
      "Better"
      0.5 3.0/5 "Satisfactory"
      I got the call from the Fullerton for the personal loan, which I have applied. Rate of interest is around 32%, also the loan amount got disbursed within ten to fifteen days of time. Services with the Fullerton is a kind of okay for me.
      Was this review helpful? 0
      , erode
      Reviewed on Aug 10, 2017
    • Fullerton Personal Loan
      "Not happy with interest rate"
      0.5 2.0/5 "Expected more"
      I did not receive good service from Fullerton for the personal loan. The reason behind is, they committed the interest rate of 12% but later they changes it as 28% so I am quite disappointed with Fullerton. Customer service is somewhat better.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 07, 2017
    • Fullerton Personal Loan
      "Very good process with a higher interest rate"
      0.5 4.0/5 "Great!"
      Fullerton is too quick when it comes to disbursement, they took hardly a week's time and they are doing a good job too. Their interactions were really good and their followups too. They had provided value added information about EMI date etc and they had kept me posted about all the information. The only pitfall here, is the interest rate.
      Was this review helpful? 0
      , new delhi
      Reviewed on Aug 06, 2017
    • Fullerton Personal Loan
      "High on ROI and processing charges"
      0.5 4.5/5 "Excellent!"
      I received the personal loan from Fullerton and it was convenient to get the loan through. The process took 15 days and the rate of interest was high. I got a rate of 18% and the processing charges was also high. I have a preclosure option after one year and there are some charges applicable for it.
      Was this review helpful? 0
      , jamnagar
      Reviewed on Aug 04, 2017
    • Fullerton Personal Loan
      "FULLERTON INDIA CHEATED ME"
      0.5 1.0/5 "Really Bad"
      I took a personal loan from your company 3 months back and the agent who completed my formalities was "Sarika Gupta" while applying she told me that the rate of interest would be 14% or 15% max and to which I agreed and signed the documents. Later after two months when I logged in to your system by using the loan application number, I came to know that the rate of interest charged to me is 25.5% - which is not acceptable at all, why I was not being told this before, I wouldn't have taken the loan from you. I feel cheated and it's really bothering me day by day. Loan Agent: Sarika Gupta
      Was this review helpful? 0
      , navi mumbai
      Reviewed on Aug 04, 2017
    • Fullerton Personal Loan
      "SATISFACTORY"
      0.5 3.0/5 "Satisfactory"
      The services was good at Fullerton, But the regret part is they have delayed my personal loan process. The experience was good overall. The rate of interest was also okay. It was of 18%. The processing charges was also high they have charged 19000 rupees for the loan amount of 2.70 lakhs
      Was this review helpful? 0
      , indore
      Reviewed on Aug 03, 2017
    • Fullerton Personal Loan
      "Average service"
      0.5 5.0/5 "Blown Away!"
      I have applied personal loan with Fullerton but they haven't approved my loan and I am not sure Why they have closed my application. The customer service and the response with Fullerton is average. The rate of interest is high when compared with others. I would say it is an average service from Fullerton India.
      Was this review helpful? 0
      , new delhi
      Reviewed on Aug 03, 2017
    • Fullerton Personal Loan
      "High on ROI & charges"
      0.5 4.5/5 "Excellent!"
      It was a wonderful experience with Fullerton for the personal loan, because I had less paperwork. I could submit my documents online. The major drawback is the rate of interest was very high. It was of 30%. The processing charges was also high.
      Was this review helpful? 0
      , baddi
      Reviewed on Aug 03, 2017
    • Fullerton Personal Loan
      "High on ROI"
      0.5 5.0/5 "Blown Away!"
      My experience has been good with Fullerton. I have taken a personal loan. The executive was professional and collected the documents on time. I received the funds without any delay as well. The rate of interest was of 28% which is very high and the processing fees was manageable.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 03, 2017
    • Fullerton Personal Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      Fullerton has been quick in the services and the process for the personal loan. They came over to my place and collected the documents and it was a simple documentation. The interest rate and processing charges was on the average side. Happy with the overall experience the loan I have applied for about 1.10 laksh I received around 83k and it is for 4 years
      Was this review helpful? 0
      , anantapur
      Reviewed on Aug 02, 2017
    • Fullerton Personal Loan
      "Good "
      0.5 4.0/5 "Great!"
      To start off, I felt that the rate of interest is little bit high on my personal loan when compared with other banks in the market. In fact, I am not aware of the actual interest rate because still I did not receive any documents for the personal loan, it had been almost two months but they never sent those documents to me. Except this, everything is fine with Fullerton.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 02, 2017
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.