Multiple banks. Different interest rates. Call it a "conflict of interest".
  •  Loading your search... Loading your search...
  • Fullerton India Business Loans is Rated as "Pretty good" by 3230 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    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.

    Fullerton India Business Loans Reviews

    • Fullerton Personal Loan
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      I have applied for a personal loan with FULLERTON. They collected the documents by next day but they took few days to disburse my funds even after my documents submission was quick. There was no follow up from them. They offered the loan without informing the rate of interest and there are no processing fees so I'm not aware of it.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 18, 2017
    • Fullerton Personal Loan
      "Needs to improve with ROI"
      0.5 3.0/5 "Satisfactory"
      I have applied for the personal loan from FULLERTON, my loan application was closed because i did not have aadhar card which is mandatory. When it comes to customer service, it was good, they responded on time and they followed up on regular intervals. The customer service was way high when compared to other sources in the market.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 18, 2017
    • Fullerton Personal Loan
      "Needs to improve with ROI"
      0.5 3.0/5 "Satisfactory"
      I have applied for the personal loan from FULLERTON, my loan application was closed because i did not have aadhar card which is mandatory. When it comes to customer service, it was good, they responded on time and they followed up on regular intervals. The customer service was way high when compared to other sources in the market.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 18, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have applied for a personal loan with FULLERTON. They collected the documents by next day and within a week my personal loan got approved and disbursed my funds after my documents submission. They offered me the loan with 13.29% as rate of interest and the processing fees is Rs. 4000 which I feel it's high.
      Was this review helpful? 0
      , rewari
      Reviewed on Nov 18, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have applied for a personal loan with FULLERTON. They collected the documents by next day and within a week my personal loan got approved and disbursed my funds after my documents submission. They offered me the loan with 13.29% as rate of interest and the processing fees is Rs. 4000 which I feel it's high.
      Was this review helpful? 0
      , rewari
      Reviewed on Nov 18, 2017
    • Fullerton Personal Loan
      "Needs to improve"
      0.5 1.0/5 "Really Bad"
      I have applied for the personal loan form FULLERTON, my loan application was closed because there was no proper follow up done after the loan application was submitted. The customer service was not up to the mark, they did not respond on time and did not follow up further. The rate of interest was high when compared to other sources.
      Was this review helpful? 0
      , ankleshwar
      Reviewed on Nov 18, 2017
    • Fullerton Personal Loan
      "Good customer service"
      0.5 4.0/5 "Great!"
      I have applied for the personal loan from FULLERTON, my loan application was closed because there was no proper follow up done after the application was submitted. The customer service was good but they did not come to collect the documents and there was no further follow up. The rate of interest was not an issue as i was in urgent requirement of loan.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 17, 2017
    • Fullerton Personal Loan
      "Average"
      0.5 2.0/5 "Expected more"
      I have got the personal loan with the Fullerton and the customer service was not really up to the mark. In future, I would not like to go ahead with the Fullerton in future, also am really happy with them till now.
      Was this review helpful? 0
      , hubli
      Reviewed on Nov 16, 2017
    • Fullerton Personal Loan
      "Good customer service"
      0.5 5.0/5 "Blown Away!"
      I have applied for the personal loan from FULLERTON, my loan application was closed because the rate of interest was way high when compared to other sources in the market. When it comes to customer service, it was good and they responded on time, regular follow ups was done, they also gave a correct information to the customer and their way of approach was good.
      Was this review helpful? 0
      , nasik
      Reviewed on Nov 16, 2017
    • Fullerton Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan from Fullerton bank.the loan amount is 7lakhs.Rate of interest is 16% is nominal as compared to others.Tenure is for 4 years.They had deducted 1% as processing fees.They were quick in processing the request,the monthly EMI is 21700.
      Was this review helpful? 0
      , nagpur
      Reviewed on Nov 16, 2017
    • Fullerton Personal Loan
      "OK OK EXPERIENCE"
      0.5 3.0/5 "Satisfactory"
      It was an OK OK experience i had with FULLERTON as i applied for a personal loan . The rate of interest was 20% too high as compared to other banks . No one contacted me on time and the information was not delivered to me properly . I am not happy with the customer service it could have been a more better and help .
      Was this review helpful? 0
      , goa
      Reviewed on Nov 15, 2017
    • Fullerton Personal Loan
      "NOT HAPPY"
      0.5 1.0/5 "Really Bad"
      It was a good customer service from the FULLERTON INDIA they contacted me no proper time and follow ups were also on time . The rate of intrest was very high 21% so i delayed my plans and the bank executives canceled my application everything was good from the FULLERTON side only the rate of interest was a problem for me so i did not opt that much for my side .
      Was this review helpful? 0
      , nasik
      Reviewed on Nov 15, 2017
    • Fullerton Personal Loan
      "Worst service"
      0.5 1.0/5 "Really Bad"
      I am not satisfied with the service of FULLERTON for my personal loan service the interest rate was high compare to others in the market and the customer service is not good as I expected ,I am not happy with the service of FULLERTON for my personal loan service.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 14, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The personal loan process was good with Fullerton. They have disbursed my loan amount within 4 to 5 days of time. The customer support was good with Fullerton, The rate of interest which they have offered is very high when compared with others.
      Was this review helpful? 0
      , nellore
      Reviewed on Nov 14, 2017
    • Fullerton Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I had applied for a personal loan with Fullerton through online channel. They took around 2.5 weeks. I had submitted by documents to the executive. The customer service and response is good. I had a need of 1.75L after all deduction received only 1L 48K if they would inform earlier I had applied for more. The interest rate is normal.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 13, 2017
    • Fullerton Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      I had applied for the personal loan from Fullerton, my loan application was approved and the requested amount was disbursed. The loan amount was for 1.30 lakhs and the rate of interest is way high when compared to others in market. I submitted all documents through broker. The process was very smooth and easy. Foreclosure charges were also applicable.
      Was this review helpful? 0
      , nagpur
      Reviewed on Nov 13, 2017
    • Fullerton Personal Loan
      "Below average service"
      0.5 2.5/5 "Just OK"
      I got the personal loan with Fullerton around three years ago.. The customer support is below average with Fullerton. They took around 15 days time to disburse my loan amount. The rate of interest ad the charges are very high with Fullerton.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 13, 2017
    • Fullerton Personal Loan
      "Average service"
      0.5 2.0/5 "Expected more"
      The process was very slow with FULLERTON for my personal loan service they took a very long time to process the loan process and the interest rate they offered was very high compare to others in the market but it was totally a wonderful experience with FULLERTON for my personal loan service.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 13, 2017
    • Fullerton Personal Loan
      "Average service"
      0.5 2.0/5 "Expected more"
      The FULLERTON personal loan service was good ,the interest rate they offered was very high compare to others in the market and customer service was good with FULLERTON for my personal loan service ,it was a nice experience with FULLERTON for my personal loan service.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 13, 2017
    • Fullerton Personal Loan
      "Good process"
      0.5 3.0/5 "Satisfactory"
      Well! Fullerton process was really smooth, but the only glitch here was rate of interest as it was on the higher side Fullerton had offered me around 21%. Turn around time taken to process the loan was around 5 days the amount was transferred to my account on time . I am yet to receive the loan documents from them comfortable with the EMI amount and ECS date.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 11, 2017
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.