Fullerton India Personal Loan Interest Rate and Eligibility

-

In the time when you need money, a lender that can give you that becomes a savior. Be it a lending institution or a person who trusts you with his money, you make sure you pay the debt properly. At Fullerton India, many people apply for a personal loan because of their past experiences of smoother process.

Fullerton India is a financial institution where rates might be little high but they are surely available at the time of need for those who are eligible for it. Fullerton India personal loan is a multi-purpose loan where the borrower can use it for any legitimate purpose. The loan amount you can get is also higher as compared to most of the other lenders. So, in case you are looking for a lender which can give you instant money, Fullerton India personal loan may be a good choice. To know more about this product, read this article.

Purposes for which Fullerton India Personal Loan can be taken

The purposes for which you can take Fullerton India personal loan is given below:
  • Personal loan for women
  • Wedding
  • Travel
  • Doctors
  • Home improvement
  • Medical emergencies
Fullerton India personal loan eligibility criteria

The eligibility criteria for Fullerton India personal loan is given below:

For Salaried:
  • Your age should be between 21- 65 years
  • Minimum Income should be Rs.12,500 and above
  • Total Experience in Job/Profession - 3 years
  • Current Experience- 6 months and above
  • Years of Stay in Current Residence - 1 year
For Self-Employed/ Working Professionals
  • Your age should be between 21-60 years
  • You must have a minimum NMI of Rs.15,000 and above
  • Your must have a professional stability of 2 years
  • You must be living in the current residence for at least 1 year
Documents required for Fullerton India Personal Loan

The documents you have to submit at the time of applying for the loan are mentioned below:
  • Application form with a recent photograph
  • Proof of Identity (Passport Copy/ Voter ID card/ Driving License/ PAN Card)
  • Address Proof (Ration card/ Telephone Bill/ Electricity Bill/ Rental agreement / Passport copy/ Bank Passbook or Statement/Driving License)
  • Age proof (PAN Card, Passport, any other certificate from a statutory authority)
  • Bank Statements (Bank statement / Bank Passbook for last 6 months) OR Last 3 months salary slip
  • Form 16
  • Income Tax Returns for last 3 years
  • Processing fee cheque
What is the interest rate for Fullerton India personal loan?

At present, the interest rate offered by Fullerton India on a personal loan is 14% per annum to 33% per annum. The rate is offered by keeping into account your income, age and credit repayment capacity which is calculated on the basis of your credit history. If you have a credit history, you can negotiate on rates but if you are new in this credit world, you will be getting a little higher rate comparatively.

How can you apply?

There are many online portals through which you can apply for Fullerton India personal loan. However, applying from the official portal of Fullerton would be better to avoid any discrepancies. Also, the process will be smoother and convenient if you reach out to a reliable lending institution.
Location: India

Comments

Post a Comment

Popular posts from this blog

How Checking a Free Credit Score Online Helps Approve My Loan?

-
To get a loan there are a number of factors a user needs to take care of. And one of those is your credit score. The 3-digit number makes your loan approval faster. But how to do a credit score check. You don’t need to step out of your houses to find your credit score. With the help of online credit bureaus, you can know your credit score for free. Read the article and find out which credit bureau offers you a free credit score with no extra charges on it. CIBIL v/s Experian which free credit score service is better? You can know your credit score from two of the top credit bureaus Transunion CIBIL and Experian. And to compare their services and features have a look at the below pointers. Free account for credit score check is provided by both Experian and CIBIL. Where the CIBIL process is in 3 steps Experian creates your account in 2 steps.  Using the CIBIL, you can know your credit score only but, with Experian, you can also find someone else's free credit score. For...
Read more

Top investing Franklin Templeton Mutual fund NAV schemes

-
What are franklin Templeton mutual funds? Mutual funds are the investment for the future benefit as we know, but every company or customer have different requirements. To fulfill those requirements franklin temptation offers different types of Mutual funds Scheme. Whenever the customer tries to invest in shares/stocks directly it is kind of risky and needs lots of time and research. But when he invest even a small amount in mutual fund he get the exposure in diverse equity and debt instruments. Franklin Templeton Mutual fund schemes Franklin Asian Equity Fund : This scheme creates a medium and long term capital appreciation through investing in Asian companies/sectors except japan. Investing equity funds in large sectors of Asia such as technology, pharmaceuticals, etc. High returns with low risk, compatible for business companies. The NAV of this franklin mutual fund is 13.45%. The maximum return of this scheme is 8.7%. Franklin India Corporate Debt Fund: It helps t...
Read more

Dhani Instant Personal Loan For Customers!

-
You can download the Dhani app and apply for a personal loan. You can insert your KYC and income details and get a loan in 24 hours from the Dhani app. Indiabulls provides loans to customers from INR 1,000 to 15 lakh for personal financial requirements. With no collateral security, you can apply for the loan online and get the benefit of instant personal loan sanction. Read and know about the details and features of Indiabulls personal loan. Lowest interest rate for fund requirements! Indiabulls gives the lowest interest rate to your loan that is starting from 13.99% per annum. And you can pay the loan and interest rate of your instant personal loan in equated monthly installments. The maximum duration of 3 years if offered to the customers to pay the entire loan in EMI. You aren’t liable for any repayment on your loan, if you borrowed a loan less than or equal to INR 20,000. You can compute the EMI of your personal loan using the online calculator. Just insert your details of t...
Read more