Why Availing Personal Loan from Fullerton is a wise choice?


A personal loan is among the few financial products for which you do not require to put something as security against the loan amount. This is a handy loan product to the people who need financial support for meeting any emergency. Various banks and NBFCs provides personal loans and Fullerton are among the preferable one in this field. Let us have a depth understanding of Fullerton Personal Loan by knowing its features.

  • Unsecured Loan: Fullerton personal loan is a hassle-free unsecured loan that can be availed by both the salaried and self-employed borrowers.

  • Fast Loan Procedure: The loan processing time has reduced, and now you can get the applications processed instantly. As you are not required to wait for several days to get personal loan approval. Fullerton comes with fast loan processing just to ensure that all your financial needs met on time. The Fullerton team of the bank works intending to provide the fast turnaround period on its loan.

  • High Loan Amount:  Fullerton personal loan offers the amount up to Rs. 25 lakhs.

  • Attractive Interest Rates: You can avail a personal loan at a pocket-friendly rate of interest ranging from 10.99 to 40%. However, it based on several factors including location, net income, employment or business stability, existing monthly obligations, etc. This eases the repayment stress to a great extent.

  • Flexible Repayment Tenure: Personal loans from Fullerton comes with the flexible repayment tenure of 5 years (t&c apply). You can acquire a personal loan with flexible repay tenure at low EMIs.

  • Multi-Purpose Loan: The Fullerton personal loan can be used for any purpose. Be it for a grand wedding, traveling expenses, studies or other.

Benefits of Fullerton Personal Loan

Fullerton provides personal loans for a maximum amount of Rs. 25 lakhs to both the salaried and self-employed borrowers based on eligibility. Fullerton provides easy loan options for any personal use of the borrower. This loan comes with several other important benefits, so let’s have a look of few of them:

  • The Fullerton personal loan amount can be used for any purpose like vehicle purchase, higher education, grand weddings, debt repayment or even luxurious vacation.

  • You can get the loan amount up to Rs. 20 lakhs (t&c apply).

  • Easy and hassle-free documentation are done in Fullerton’s loan process.

  • Flexible repayment tenure of 5 years is offered in Fullerton’s loan to you.

  • Fullerton allows the fast disbursement of the loan amount.

  • You can easily apply online for the Fullerton personal loan.

  • Additional benefits can be enjoyed by you if you are an existing customer of the Fullerton.

  • You can also easily check the Fullerton personal eligibility and monthly EMIs with the online available calculator.

Eligibility for Fullerton Personal Loan

Fullerton follows flexible eligibility criteria for the processing of personal loans based on many factors. Following are the generic eligibility requirements that an applicant must fulfil to make sure that the application is successful:

  • Employment: A borrower should be a salaried or self-employed individual working with a private or a public-sector undertaking including central, state or local bodies.

  • Age: An applicant’s age should be between 21 years to 60 years at the time of application.

  • Income: Applicant must have a minimum amount of Rs. 15,000 as net income every month. In case he/she is residing in Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Pune, Ahmedabad, Kolkata and Cochin, the income should be a minimum of Rs. 20,000 per month. 

Documents required for Fullerton Personal Loan

  • Complete personal loan application form.

  • Basic KYC documents like copy of passport, voter ID card, driving license, Aadhaar card.

  • Address proof (copy of passport/voter ID card/driving license/Aadhaar).

  • Last 3 months bank statement (Passbook for the past 6 months).

  • Latest salary slip.

  • Current dated salary certificate. 

  • Form 16

  • Income tax returns

Fullerton Personal Loan Interest Rate

You can get Fullerton’s personal loan at an attractive rate of interest. 

Some of the factors that affect the personal loan interest rate are mentioned below:

  • Loan Amount – Generally, lenders offer a low-interest rate on the high loan amount. Fullerton offers loans amount maximum of Rs. 25 lakhs.

  • Income – The salary of the borrower plays a crucial role in the offered rate of interest. The interest rate is varies based on the monthly earnings of the borrowers. Generally, the higher the salary the lower the rate of interest on a personal loan is offered. 

  • Loan repayment capacity – Every lender looks for the repayment capacity of the borrower. Fullerton also checks the repayment capacity of the borrower through CIBIL.

 How to use Fullerton personal Loan EMI calculator?

It is always good to know about the EMI needs to pay on a loan amount. Earlier it used to be a difficult task to calculate monthly EMIs. But now with the help of an online EMI calculator, it is a task of complete ease. Fullerton personal loan EMI calculator only requires few basic details like loan amount, rate of interest and the repayment or loan tenure. It takes a few clicks and seconds to know the EMI with Fullerton personal loan EMI calculator.

Following are the few simple steps of using Fullerton personal loan EMI calculator:

  • Step 1: Enter the loan amount up to Rs. 25 lakhs.

  • Step 2: Next, select the tenure. For a personal loan, you can choose a repayment tenure of up to 5 years or 60 months.

  • Step 3: Finally, enter the ‘Rate of Interest’ and you will get your answer.

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