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
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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 3113 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.
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  • Fullerton Personal Loan Interest Rates Reviews

    • Fullerton Personal Loan
      "Good follow up"
      0.5 4.0/5 "Great!"
      Fullerton was very much responsive for the personal loan. They contacted me on time and there were couple of follow up calls as well asking me to come over to the office and submit my documentation. Since I was pretty busy, I could not go ahead and the application was closed.
      Was this review helpful? 0
      , kolkata
      Reviewed on Sep 25, 2017
    • Fullerton Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have approached FULLERON for my personal loan. They have asked me to submit the records of my previous loans unfortunately I could not submit it So that's on hold . Their customer service and responses was good. My overall experience was satisfactory.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 24, 2017
    • Fullerton Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      My personal loan is from Fullerton bank. The services are good from them. Have postponed loan from my end as I had no idea as of now The rate of interest was not discussed. There reap once was really good with the Fullerton and i have informed the same It was a good experience overall I had an idea of 2 lakhs loan.
      Was this review helpful? 0
      , anantapur
      Reviewed on Sep 24, 2017
    • Fullerton Personal Loan
      "DISSATISFIED"
      0.5 2.0/5 "Expected more"
      I applied for the personal loan with Fullerton. Then I had received a call from them where they said that they can provide the loan for me but I have to come and submit the documents directly the executives will not come and collect the documents and more over the customer service is also bad, not upto the mark.
      Was this review helpful? 0
      , kolkata
      Reviewed on Sep 24, 2017
    • Fullerton Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      The rate of interest which Fullerton was offered is 27% which is higher than normal so that was the reason I haven't got the personal loan from Fullerton. The response part need to be improved with Fullerton. The Customer service is better with Fullerton.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 23, 2017
    • Fullerton Personal Loan
      "Poor response "
      0.5 2.0/5 "Expected more"
      I applied for a personal loan with FULLERTON. Actually i am working in police department and the executive who contacted me informed that i could not able to take loan. But i have a salary account with BANK OF INDIA. They should have considered my request
      Was this review helpful? 0
      , secunderabad
      Reviewed on Sep 23, 2017
    • Fullerton Personal Loan
      "Not satisfied"
      0.5 3.0/5 "Satisfactory"
      I have approached FULLERON for my personal loan.My application was rejected due to my low credit score.The rate of interest was 18% which is very high comparing to others banks in the market. However their customer service and responses was good. My overall experience was not satisfactory.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 21, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 3.5/5 "Pretty good"
      I have applied personal loan with Fullerton but I have arranged the required from other source so that was the reason I haven't got the loan from Fullerton. I may get the loan in next 3monhts. The rate of interest is high when compared with others.
      Was this review helpful? 0
      , guntur
      Reviewed on Sep 21, 2017
    • Fullerton Personal Loan
      "Extremely High on ROI & charges"
      0.5 4.0/5 "Great!"
      Fullerton was good in the initial process for the personal loan. I got the loan on time. But they were very high on the interest rate. I was offered a rate of 17% and when I foreclosed my loan I had to pay more. Though it was a balance transfer to another bank. I paid more than what I received. it was almost of 29K.
      Was this review helpful? 0
      , hospet
      Reviewed on Sep 21, 2017
    • Fullerton Personal Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      I have applied for my personal loan from FULLERON INDIA. I have rejected the application as their rate of interest was 17% which is quite high comparing to other banks in the market. However their customer service and responses were really good.
      Was this review helpful? 0
      , pune
      Reviewed on Sep 20, 2017
    • Fullerton Personal Loan
      "AVERAGE"
      0.5 2.0/5 "Expected more"
      The Fullerton team has disbursed my loan amount within a week time. The customer service was average with Fullerton. The rate of interest is high when compared with other banks. The processing fee was also high with Fullerton i have applied for 2 lakhs loan amount and they have offered is 16% ROI.
      Was this review helpful? 0
      , panipat
      Reviewed on Sep 20, 2017
    • Fullerton Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      The customer support was good with Fullerton but the rate of interest which was offered by Fullerton was high when compared with other institutions. So that was the reason I haven't processed the loan with Fullerton. The customer support asked me to submit the documents but I haven't haven't submitted it, because of their interest rate.
      Was this review helpful? 0
      , secunderabad
      Reviewed on Sep 18, 2017
    • Fullerton Personal Loan
      "Extremely High on ROI"
      0.5 5.0/5 "Blown Away!"
      The process at Fullerton is quick, I got the personal loan within three to four days. The executive came over and collected my papers. The interest rate is extremely very high. I was offered a rate of around 32% and the processing charges was of Rd.2585.
      Was this review helpful? 0
      , pondicherry
      Reviewed on Sep 18, 2017
    • Fullerton Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have approached FULLERTON for my personal loan . Their customer service and responses was really satisfactory . My salary was 15,000 so they have rejected my personal loan application and proper followups done from the bank end .I have not faced any issues with their services and overall it was good.
      Was this review helpful? 0
      , guwahati
      Reviewed on Sep 18, 2017
    • Fullerton Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      The Fullerton team has disbursed my loan amount within a week time. The customer service was average with Fullerton. The rate of interest is high when compared with other banks. The required loan amount was not disbursed, I have got only 95,000, but I have applied for 2,50,000. The processing fee was also high with Fullerton.
      Was this review helpful? 0
      , rajahmundry
      Reviewed on Sep 18, 2017
    • Fullerton Personal Loan
      "Okay"
      0.5 5.0/5 "Blown Away!"
      I got the personal loan with the rate of interest as 25% with the Fullerton. Processing charges were different and it did not match as I have mentioned before. I got the loan amount within a week of time. Response is really a good one for me with them.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 15, 2017
    • Fullerton Personal Loan
      "Services are good. But high on the ROI"
      0.5 5.0/5 "Blown Away!"
      Fullerton is good when it comes to personal loan. They collected my papers on time and it was processed as well. The loan was disbursed as expected. The rate of interest and processing charges was on the higher side when compared to the other banks.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 15, 2017
    • Fullerton Personal Loan
      "Not good not bad"
      0.5 3.0/5 "Satisfactory"
      I have approached FULLER ON for my personal loan . Their customer service was not on time and there is no proper response from them so I would like to rate 3 out 5. Their rate of interest was pretty okay and fees and charges was also nominal. My overall experience was not good but not bad.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Sep 15, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The Fullerton India just took a week time to disburse my loan amount. The customer service is very good with Fullerton. The loan process was smooth but their interest rate is high when compared with others banks. I have got the required loan amount from the Fullerton India.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 14, 2017
    • Fullerton Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      Personal loan got approved and disbursed with Fullerton. The response was pretty good with Fullerton. The documentation process went well and then they took around 1 week time to disburse my personal loan. The rate of interest is bit high when compared with others. Over all the service provided by Fullerton was good.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 14, 2017
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