CreditMantri matches your credit and demographic profile to Fullerton Personal Loan lending criteria - others just match your demographic criteria. We shortlist lenders willing to lend to you based on our proprietary matching algorithm.
In effect, we pre-screen your application to make sure you are likely to qualify as per the lender’s credit criteria. We upfront check whether you qualify for Fullerton Personal Loan. Hence the chances of your Fullerton Personal Loan application getting approved is higher.
Fullerton India was launched in 2007 and has over 470 branches across the country. This non-banking financial company (NBFC) focuses on financing individual credit needs, SMEs, rural housing, microenterprises among other segments.
Unexpected expenses can arise anytime and often, a personal is the quick and convenient solution. Whether it be higher education for your children, your child's marriage, furnishing your home, or simply a family holiday, a personal loan can come to the rescue. You can meet all sorts of financial needs without worrying about being restricted by the end use, or the need to raise collateral. Now, fulfil all your financial obligations without worry.
No collateral, no security
Since a personal loan is an unsecured loan, you need not pledge any collateral when applying for a Fullerton India Personal Loan. There is no requirement for a guarantor either.
You can avail of loan amount up to Rs 20 lakhs if you are a salaried individual and up to Rs. 30 lakhs if you are a self-employed business person, subject to terms and conditions. The loan amount depends on various factors such as your salary, your capacity to repay the loan, your credit history etc.
You can repay your loan amount over a period of 12 months up to 48 months.
You need to be a salaried or self-employed individual in order to avail a Fullerton Personal Loan and fulfil the minimum salary criteria.
For the Salaried
For the self-employed
What is EMI?
EMI is Equated Monthly Instalment. It is the amount which you will be paying on a monthly basis to repay your personal loan amount over a stipulated period of time.
How do I calculate EMI?
You can use any online Personal Loan EMI Calculator in order to calculate the EMI that you might be paying each month towards the loan. In order to use the calculator, you will have to input the following:
You will get the resulting (approximate) EMI amount which you will have to pay each month towards repaying the loan. You can use CreditMantri’s handy calculator in order to plan your finances and decide what kind of loan you can afford.
Who can apply for a Fullerton Personal Loan?
Fullerton Personal Loan can be availed by salaried as well as self-employed individuals.
Do I need to pledge any security or collateral in order to avail a Personal Loan from Fullerton India?
No, there is no need to pledge your assets or provide any collateral to avail a Personal Loan from Fullerton.
Is there an option to foreclose or prepay my loan?
Yes, you can foreclose your loan after a minimum of 6 EMIs.
What is the maximum loan amount available from Fullerton India?
You can avail up to 20 Lakhs if you are found eligible
You can avail up to 30 Lakhs if you are found eligible
You need to fulfill certain parameters like your income bracket and other criteria in order to be approved for a certain loan amount.
I have already availed a loan from Fullerton India. Do I get any offers from Fullerton India for availing a loan from them again?
Yes, if you are an existing customer of Fullerton India, you will get additional benefits like speedy processing and better interest rates. Additionally, you will be eligible for a pre-qualified Top Up on your existing Principal Outstanding.
What is Fullerton India Personal Loan Interest Rate?
The interest rate varies with each and every customer and depends on various parameters like credit history and credit score.
In times of need, availing a Personal loan rather than maxing out your credit card is the better choice. Fullerton’s interest rates and easy payment options gives you the much required respite and you can make repayment that can be spread over a long period, as per your repaying capacity.
You can apply for Fullerton Personal Loan online by logging onto their website and submitting your basic information (your name, your company and salary details). The four step process includes checking eligibility, viewing offers that you qualify for, completing the application, and uploading documents. A representative can contact you regarding your application. You can also track the status of your application online.
If found eligible, you might also be asked to upload the following documents to process your loan application:
Alternatively, if you think you need help with your loan application process and advice on loan-eligibility, CreditMantri can guide you and match you with the loan offer that best suits your profile.