Fullerton India Credit Company Limited offers personal loans to salaried and self-employed people at pretty competitive rates. It is owned by Fullerton Financial Holdings Pte. Ltd. It provides loans up to Rs 20 lakhs to salary earning people while up to Rs 30 lakhs in case of the self-employed. They have a quick approval mechanism with online application facility and demand minimum documentation.
They do not expect any collateral security or a guarantor. The applicants can use the funds for these personal loans for any legal purpose without any restriction. At Loanbaba.com, you can check out all the features of personal loan Fullerton.
|Fullerton Personal Loan Details Updated on 18th September 2018|
|Loan Amount||Rs.1,00,000 to Rs.20,00,000|
|Loan Tenure||5 Years|
|Interest Rate||11.99% to 23.99%|
The following key points will help you understand the features and benefits of the personal loans:
Only the Indian citizens who are aged between 21 – 60 years can apply for the loan. The minimum salary for the salaried individuals should be over Rs 12,500 per month while in case of professionals and the self-employed, the minimum salary requirement is Rs 15,000 per month.
Applicants can avail a loan amount of not more than Rs 20 lakhs in case of salary class people while it reaches to Rs 30 lakhs in case of the self-employed. However, the final loan value shall depend on the repayment capacity and financial records of the applicant.
The loan tenure ranges from 12 – 48 months, thus making very convenient for the loan seekers.
At Loanbaba, you can compare and apply for personal loans online. You can check out several personal loan schemes by Fullerton and go through all their features such as quantum of loan, amount of loan, processing fees, interest rates, and other conditions, at one page. You can also quickly apply for Fullerton Personal Loan online on our website without having to visit the bank branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.
You can apply for Fullerton personal loan or any other bank/NBFC personal loan at Loanbaba.com.
Personal Loan Fullerton interest rate (fixed) ranges between 14.00% and 34.00%. Keep a check on this page to note the updated Fullerton personal loan interest rate for the current year.
Personal loan eligibility may differ from one candidate to another. You can also use free-of-cost Fullerton personal loan eligibility calculator at Loanbaba.com. The eligibility criteria for Fullerton’s personal loan are discussed below:
Fullerton has personal loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.
Below provided are important questions about personal loan Fullerton.
There aren’t any documentation requirements for online application of the personal loans. However, you can submit your KYC documents for e-approval at your nearest branch. This includes your ID proof, address proof, updated bank statement and income documents.
The foreclosure of the loan requires you to issue a cheque against the personal loan account. The foreclosure is, however, possible after repaying at least 6 EMIs.
The Fullerton personal loan charges are mentioned below: