Fullerton Personal Loan

Fullerton India offers a number of benefits and features for its personal loans including low interest rates, minimal documentation and quick approval. Some of the prominent features of Fullerton India personal loan include:

Quick Loan Approval: Fullerton India offers one of the fastest loan disbursal rates compared to other non-banking financial companies. For pre-approved customers, personal loans can be disbursed in one working day, while for new customers, personal loans are approved and disbursed within a stipulated timeline extending to a maximum period of four working days.

Low Interest Rates: Fullerton India offers competitive interest rates for its personal loan applicants. Since a large number of Fullerton India clients come from smaller centres and semi-urban centres, Fullerton India understands the importance of keeping interest rates low, offering maximum benefits to the clients.

Part Prepayment Facility: Fullerton India allows part-prepayment facility for all its personal loans after a minimum period of six months. Fullerton India does not charge any prepayment charges for all personal loans that are prepaid after 36 months from the agreement date.

Dedicated Customer Support: Fullerton India has a 24/ customer support helpline, allowing users access to complete information through both phone and email communication.

Online Loan Application Facility: Users willing to seek a personal loan with Fullerton India need not visit the branch and can apply for a personal loan online. Such a facility not only saves time and offers convenience to the loan applicant, it also reduces the loan approval and disbursal time, leading to a win-win situation for both the customer and the company.

Instant Loan Eligibility Check: BankBazaar.com offers an Instant Loan eligibility check using the personal loan tool. The tool automatically checks for user eligibility by tracking financial history and monthly salary records. Non-eligible applicants are filtered out and the tool offers customized personal loan quotes only for eligible applicants.

Personalized Quotes: Bankbazaar.com offers customized personal loan quotes to all its eligible users keeping in mind their requirement, repayment track record, and tenure period of the loan.

Low Interest Rates: BankBazaar.com has collaborated with Fullerton India allowing for a discounted rate of interest for all personal loans facilitated through the portal. Personal loan applicants with Fullerton India through BankBazaar.com get a discounted rate of interest reserved exclusively for BankBazaar.com members.

Active Loan Comparison: Before finalizing the personal loan, users at Bankbazaar.com can compare various personal loan options, completely comparing on parameters such as charges, fees, interest rates and other loan essentials. Users can also compare personal loans depending on the feedback ratings of current personal loan holders.

Instant E-Approval: All loan applicants get instant e-approval after successfully submitting their loan application. The e-approval corresponds to the fact that their loan application has been processed, approved and forwarded to the designated loan department of the bank or NBFC concerned.

Assured Privacy: All personal data submitted by applicants to BankBazaar.com is transmitted in an encrypted format to the respective bank or NBFC, which ensures 100% safety.

Applying for a Fullerton personal loan at BankBazaar.com involves three simple steps.

Step 1: Each loan applicant seeking a personal loan at BankBazaar.com needs to duly fill his or her details in the personal loan eligibility calculator . The tool automatically checks for Fullerton India personal loan eligibility of each applicant and the eligible applicants are offered customized loan options from various personal loan service providers.

Step 2: After the applicant is given a list of loan options as per his or her financial history, the user can compare various loan options and choose the most appropriate one. Customer Feedback from existing loan applicants is also displayed helping the applicant chose the loan service provider.

Step 3: In the final step, the applicant receives instant e-approval from BankBazaar.com after successful submission of personal loan application online. The application is sent electronically to the nearest Fullerton India office and the company gets in touch with the applicant directly.

Fullerton India Personal Loan Interest Rates

Interest rates for personal loans vary from bank to bank. Fullerton Personal Loans come with affordable interest rates, making it a viable option for all sections of people. Fullerton India offers personal loans at floating rates.

The rates charged by Fullerton India Personal Loan usually vary from 21% to a maximum of 40% per annum. Each loan offered by Fullerton India is tailor-made, depending on your profile and eligibility criteria. Therefore, the interest rate availed by your friend may be different from that of yours, depending upon your monthly income and nature of work.

Like every financial institution, Fullerton will have lower rates for state and central government employees as well as employees of leading private companies or MNCs. Once you enter your company details and monthly income in the respective column of BankBazaar’s online application form, your Fullerton India Personal Loan interest rate and EMI will be automatically displayed by the system instantly, after considering the details entered. Applying through BankBazaar.com will also fetch you the benefit of discounted interest rates as exclusively applicable for all BankBazaar.com customers.

Processing Fee	Up to 6% of the Loan Amount
Interest Rates	21% to 40% per annum (monthly reducing balance)
Loan Tenure	12 to 48 months
Foreclosure Charges	4% of pre-closed amount
Guarantor Requirement	No

One of the main attractions of Fullerton India is that they offer personal loans with very flexible eligibility criteria. Fullerton India offers personal loans for both salaried as well as self-employed individuals. If you are a salaried individual with a minimum of Rs. 12,500/- as fixed monthly salary, you are eligible for a Fullerton India personal loan. For self-employed individuals (both professionals as well as non professionals), the minimum income criteria to avail Fullerton India personal loan is Rs. 15,000 per month.

The company also mentions a criteria based on the age of the applicants. The minimum age for applying for Fullerton Personal Loan is 21 years, whereas, the maximum age limit is 58 years. This means, if you are 58 years old and are looking to apply for a Fullerton India Personal Loan, you will get the loan sanctioned for maximum tenure of 2 years (i.e., till you reach 60 years of age).

Fullerton India Personal Loan Eligibility Criteria for Salaried Individuals

Age	Minimum: 21 Years Maximum: 58 Years
Minimum Income	Salaried individuals with minimum monthly income of Rs. 12,500/- & above
Total years in job/profession	3 Years
Years in current residence	1 Year

Fullerton India Personal Loan Eligibility Criteria for Self Employed Individuals and Working Professionals:

Age	Minimum: 21 Years Maximum: 60 Years
Minimum Income	Self Employed individuals or working professionals earning a above Rs. 15,000 per month
Total years in Profession	2 Years

BankBazaar.com offers users a unique and easy-to-use financial tool which helps everyone understand their EMI beforehand while applying for any loans. This helps you with better financial planning, helping you choose an ideal tenure for your loan and aiding your understanding of expenses such as EMIs.

With BankBazaar’s Personal Loan EMI Calculator , users simply need to add the amount they wish to take as loan, their preferred loan tenure and rate of interest as provided by the bank at the time of online enquiry. The EMI Calculator then instantly calculates and displays the EMI liability for the loan. This helps you in understanding the monthly money outflow towards the loan.

Q: Am I eligible for Fullerton India personal loan?

A: All Indian citizens between the ages of 21 to 60 years, fulfilling the minimum eligibility criteria, are eligible for Fullerton India personal loans. For salaried people, the minimum monthly income should be Rs. 12,500/- & above and for Self-Employed individuals or working professionals, the minimum income should be Rs. 15,000 per month

Q: What is the maximum loan one can get from Fullerton India?

A: Fullerton India offers personal loans as high as Rs. 20 Lakhs for salaried individuals and Rs. 30 Lakhs for self-employed individuals. The final loan amount availability depends on the applicant’s financial record and repayment history.

Q: What is the tenure for Fullerton India personal loan?

A: Fullerton India offers personal loan with a tenure period ranging from 12 months to 48 months, making it suitable for all loan seekers.

Q: How do I repay Fullerton India personal loan?

A: Fullerton personal loans can be repaid in equated monthly instalments, calculated using a monthly reducing interest rate. Users can pay their Fullerton India Personal Loan EMI online directly to Fullerton India using an online funds transfer facility or via cheque deposit.

Q: How much would I need to pay as EMI for my Fullerton India personal loan?

A: You can use the BankBazaar.com EMI calculator to understand the monthly payment you need to make against your Fullerton Personal Loan. All you need to do is to simply enter your loan amount and preferred tenure. The tool will automatically calculate your Fullerton India Personal Loan EMI and provide the result instantly.

Q: Why should I apply for Fullerton India personal loan through BankBazaar.com?

A: Fullerton India accepts online loan submissions and has collaborated with BankBazaar.com for personal loan submissions online. Applying for a Fullerton India personal loan online can get discounted interest rates, instant e-approval and online loan racking facility, along with a dedicated customer helpline for any queries or grievances.

Q: What are the documents required to apply for Fullerton India personal loan?

A:You don’t need to submit any documents online for applying for Fullerton India personal loan. You can approach your nearest branch with your e-approval and submit KYC documents (for address and ID proof), income documents and updated bank statement for further processing of the loan.

Q: Does BankBazaar.com charge for loan Eligibility Tool?

A: BankBazaar.com does not charge its members for using the online loan calculator tool. The services provided by BankBazaar.com are absolutely free.

Q: Is My Data Safe while applying for a personal loan through Bankbazaar.com?

A: BankBazaar.com uses a high degree of encryption while sending personal data of loan applicants to the respective banks. All data with BankBazaar.com is never shared with any third party except the loan department of the designated bank or non-banking financial company as per the case.

Q: How can I foreclose my Fullerton India personal loan?

A: You can foreclose your personal loan by issuing a cheque against your Fullerton India personal loan account. But remember, the company allows foreclosure only after successful payment of 6 EMIs.