Multiple banks. Different interest rates. Call it a "conflict of interest".
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  • Fullerton India SME Loans Reviews

    • 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.
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      , 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.
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      , 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.
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      , 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.
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      , 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.
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      , 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.
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      , 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.
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      , 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.
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      , 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.
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      , chennai
      Reviewed on Sep 14, 2017
    • Fullerton Personal Loan
      " not bad but interest rate too high"
      0.5 3.5/5 "Pretty good"
      Applied for a personal loan through Fullerton the application was rejected but their execute was on time to collect documents and they should maintain proper data because one representative said i am eligible same time other called and said i cant avail two at a time in same bank that was a bit annoying .The rate of interest is also too high .Over all services are not bad .
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      , nasik
      Reviewed on Sep 14, 2017
    • Fullerton Personal Loan
      "Not a good experinse "
      0.5 3.0/5 "Satisfactory"
      Its a worst experience of availing personal loan through Fullerton because very high rate of interest was charged which is around 24-28 % where as other banks were providing an interest rate of 17-19% which is good, it would be great if they reduce the rate of interest according to market norms.And the tenure period of time is 48 months which is okay .
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      , rewari
      Reviewed on Sep 14, 2017
    • Fullerton Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      Helpful representatives from the date I applied for my loan ,I feel the interest rate was little high ,documents part I have uploaded all my documents through online even the responsibility from their representatives was good ,overall it was an good service from FULLERTON.
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      , visakhapatnam
      Reviewed on Sep 13, 2017
    • Fullerton Personal Loan
      "Quick process"
      0.5 5.0/5 "Blown Away!"
      It was a smooth process with Fullerton. I got the personal loan on time and as expected. There was no much of document process. Just that they were a bit high on the interest rate and charges when compared to the other banks. The services is good.
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      , kolkata
      Reviewed on Sep 13, 2017
    • Fullerton Personal Loan
      "Services are good. ROI is high"
      0.5 4.5/5 "Excellent!"
      It was a good experience with Fullerton for the personal loan. I got the loan within ten days. Though the interest rate was high when compared to the other normal banks. I went ahead because I had an emergency. The rate was around 18% and I would not wish to recommend them due to the high charges.
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      , hosur
      Reviewed on Sep 13, 2017
    • Fullerton Personal Loan
      "Not satisfied"
      0.5 2.5/5 "Just OK"
      I am not impressed with FULLERTON as they are not up to the mark when it comes to customer service and I have approached them for my personal loan and realized that it is a tedious process because they asked me to submit too many documents for verification and took lot of time. Later they denied to sanction the loan also due to my pay slips. so i won't recommend it to anyone. especially when i raised a query they have failed to respond me .
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      , indore
      Reviewed on Sep 12, 2017
    • Fullerton Personal Loan
      "Not bad"
      0.5 3.5/5 "Pretty good"
      I had taken my personal loan from FULLERTON. I felt that they are bit high in their promised rate of interest comparing to other banks. I would recommend this bank to my friends and others only in the purpose of urgency. However their customer services was good also I got very response from them. I would like to rate them 3.5 overall out of 5.
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      , pune
      Reviewed on Sep 08, 2017
    • Fullerton Personal Loan
      "Wonderful "
      0.5 5.0/5 "Blown Away!"
      I have applied for the personal loan with Fullerton and the rate of interest offerd by them is low, also they have done the help for me in better way. Services are really better one with them and there are no really worries with them. I have got the loan amount within four days of time.
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      , chennai
      Reviewed on Sep 08, 2017
    • Fullerton Personal Loan
      "High rate but good service"
      0.5 4.5/5 "Excellent!"
      Service wise there is no problem with Fullerton, they had done everything good for the personal loan. But interest wise, it is really too high. So I am not happy with the rate of interest. But when it comes to customer service and response they are really doing great.
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      , karur
      Reviewed on Sep 07, 2017
    • Fullerton Personal Loan
      "Interest rate should be reduced"
      0.5 5.0/5 "Blown Away!"
      Fullerton India took weeks time to complete the loan formalities but they were in need of more paper work. But they offered me the interest rate around 23%, it was high compared to other competitor. They asked them to reduce it but they told it was fixed rate, hence I am planning to close the loan after six months.
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      , mysore
      Reviewed on Sep 07, 2017
    • Fullerton Personal Loan
      "Interest rate and charges should be reasonable"
      0.5 1.5/5 "Bad"
      Everything is okay but Fullerton India charged me 30% of interest it was too high. I have requested them to reduce the interest, they said would sanction it for 20% but finally they done it for 30%. My principal was Rs. 1.25 lakhs it has the tenure of four years my EMI amount is Rs.4600.
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      , rohtak
      Reviewed on Sep 06, 2017
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    Fullerton India SME Loans is Rated as "Pretty good" by 3100 Users

    Fees & Charges

    Promised Interest Rate

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    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Fullerton India SME Loans

    Overview about Fullerton India SME 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. SME loans under this segment go a step ahead and provide higher loan amounts in lieu of collaterals to help business gain that extra edge in development.

    Where can a Fullerton India SME Loan be used?

    Fullerton India SME Loan can be utilised for purposes that can aid in the rapid expansion of any business. These loans are available under the following options –

    1. Long Term Loans – Loans that allow the day-to-day running of the business and lend initial financial support to budding businesses or new undertakings of a business
    2. Business Instalment Loans – Short term loans that are useful in providing for any urgent funding requirement of the business

    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 a minimum of INR 10 crores. In addition to that, the business should have been functioning for 5 years.

    For eligibility, criteria considered by Fullerton India include years in business, management experience, tangible net worth, credit history, revenue trends year-on-year, interest cover and obligations of all existing loans.

    For long term loans, collaterals can include –

    1. Residential property owned and occupied by the borrower/applicant
    2. As primary collateral, ready commercial property (shop, offices, franchise outlets) owned and occupied by the borrower/applicant
    3. Ready residential/commercial properties which are partly rented and partly self – occupied
    4. Industrial property owned and occupied by the borrower/applicant
    Apply for Personal Loan

    What are the loan limits?

    Business loans from Fullerton India (Fullerton Business Loan) can be availed up to 80% of the value of the collaterals, depending upon the income level and credit-worthiness of the business. The actual amount which can be provided as a loan depends on the discretion of Fullerton India.

    Loans can be repaid across a tenure of 15 years and the loan might be closed prematurely but would require the acceptance of Fullerton India as per their terms and conditions.

    What are the applicable interest rates?

    Interest payable on Fullerton India Business Loan (SME Loans) 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 14 to 16% 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 for this loan?

    1. Financial statements of the last three years
    2. Bank statements of the last six months
    3. KYC documents
    4. Loan Repayment Details
    5. Relevant collateral documents

    How to apply for a 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.

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