Fullerton Home Loan Eligibility To Own Your Dream House

Everyone has a dream of buying their own house and Fullerton home loans convert your dream into a reality by offering home loans service. The Fullerton is a non-banking financial company (NBFC) that comes up with Grihashakti housing finance company, It is a subsidiary of the Fullerton and provide a number of home loan schemes. Grihashakti housing finance company provide you home loans for purchase of a new house, under-construction property, or commercial property loans. Know more about the Grihashakti home loans in this article.

What is Fullerton - Grihashakti Housing Loans?

Fullerton India Home finance also known as Grishakti is an entirely owned subsidiary of the Fullerton NBFC, It provides housing loans to the customer to buy or sell a new property, home,  commercial property, balance transfers and so on. Let’s examine the detail features of the Fullerton home loan schemes which are as follows.

Fullerton Home Loans To - buy a home, home renovation, house construction & extension

An individual can buy their dream house at an attractive rate of interest with Fullerton housing loans whose Retail Prime Lending Rate (RPLR) is 18.75% with a minimum ROI of 9.99% to 21.00%. One can also reduce the loan EMIs by opting for a longer tenor option because Fullerton home loans provide flexible loan tenures to the customer. The loan amount is dependent on the individual Fullerton home loan eligibility criteria such as income, repayment capacity, etc.

Fullerton Commercial Property Loans To - buy a commercial property

The Fullerton Grihashakti housing loans also provide you loans to buy a commercial property or plot and for the construction of the commercial property. The interest rates are attractive and one can also prepay the principal amount with no prepayment charges on floating interest rates. Fullerton home loan eligibility to apply for the commercial property loans are: 

• self-employed individual whether a businessmen or sole property owner
• Self-employed individual who are working as a doctor, engineer, CA, etc. 
• Partnership firms can also avail the commercial property loans.
• Private limited companies.

Fullerton home loans features and benefits

The Fullerton home loans provide a number of benefits to the customers which is as follows:

• Balance Transfer Option: One can transfer their existing loans in the Fullerton home loan which can lower their loan payment. Just transfer your existing home loan outstanding balances to Grihashakti it helps you in reducing your EMIs and you might get an additional Top-up loans by transferring your loan outstanding amount from other banks or financial institutes. With customized repayment option according to your requirement. 
• Home Loan fee & charges: The Processing fee of the home loan is 3% of your loan amount such as for the loan amount of less than or equal to INR 1 lakh the processing fee could be INR 2,500. The Fullerton home loans charge a documentation fee of INR 3,000 on the loan amount of INR 2.5 lakh and above. 

Housing loan tools:  You can also use the Fullerton home Loan tools such as the home loan EMI calculator to estimate your loan EMIs. check your Fullerton home loan eligibility with the help of an eligibility calculator.