Multiple banks. Different interest rates. Call it a "conflict of interest".
  • loading

    We found 1 Fullerton India Business Loans

    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 India Business Loans is Rated as "Pretty good" by 3064 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Overview about Fullerton India Business Loans

    Established in 2007, Fullerton India has steadily rose in ranks considering the trust of entrepreneurs and business owners in terms of financing. The business loans offered from Fullerton India are aimed towards micro and small enterprises and are meant to facilitate growth and expansion as business opportunities present themselves.

    Where can Fullerton India Business Loan be used?

    Fullerton India Business Loan can be utilised for repaying any large debts or expenses, buy additional stock or raw materials or equipment, thus aiding in the expansion of business. These loans can be availed without collateral which would make even start-up entrepreneurs comfortable with the terms.

    Who can apply for Fullerton India Business Loan?

    The loan provided can be availed specifically by all resident individuals who own businesses that generate an annual turnover of INR 10 lakhs to INR 100 crores. In addition to that, the business should have been functioning for 3 years with positive trends in turnover and profit for the last 2 years. Income tax statements for the last 2 years should be projecting taxable income of more than INR 2 lakhs per annum. Entrepreneurs should be at least 27 years of age in order to be eligible for applying for this loan. In case one is a non-professional, the minimum age limit is kept at 25 years. At the time of loan maturity, the applicant should be 65 years or age or younger.

    What are the loan limits?

    Business loans from Fullerton India can be availed up to INR 50 lakhs, depending upon the income level and creditworthiness of the business. This loan is available without collateral to entrepreneurs or businesses in the Manufacturing, Trading and/or Service industry.

    Loans can be repaid across a tenure of 12 months to 48 months and a pre-closure facility is also available wherein a loan can be closed after 6 months of availing it. Applicable prepayment rates can range between 3-4% per annum.

    Apply for Personal Loan

    What are the interest rates?

    Interest payable on Fullerton India Business Loan varies as per the credit rating of the applicant and the relationship of the bank with the customer. The rates are based on the discretion of the financial institution. The applicable rate of interest could be anywhere within 13 to 17% per annum at a floating rate and is linked to the prime lending rate of Fullerton India.

    The mentioned interest rates are as of November 2015.

    What are the documents required?

    • Proof of Identity (Passport Copy, Voter ID, Driving License or PAN Card)
    • Address Proof (Ration card, Telephone Bill, Electricity Bill, Rental agreement, Passport copy, Bank Passbook/Statement or Driving License)
    • Bank Statements (Bank statement or Bank Passbook of the last six months)
    • Latest Income Tax Returns complete with computation of Income, Balance Sheet and Profit & Loss Account for the past two years
    • Partnership Deed or Board Resolution
    • Proof of number of years in business (Trade license, Establishment or Sales Tax Certificate, MOA (Memorandum of Agreement) or Partnership Deed)

    How to apply for Fullerton India Business Loan?

    This financing can be applied for online at Fullerton India’s website or at any physical branch. One should possess the necessary documentation to be submitted at the time of applying for this financing option.

     Loading your search... Loading your search...
  • Fullerton India Business Loans 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.