Skip to main content

Why is The Fullerton India Personal Loan an All in One Account?

A personal loan is an unsecured type of loan to apply for it, you can go to the Fullerton India official website. Without the need for any collateral, you can borrow money from Fullerton India. And the Fullerton India Personal loan is approved by just examining the credit history and income of the borrower.

It serves multiple purposes and is easily available for both a salaried and self-employed applicant. And for any unforeseen expenses, your needs are met with the Fullerton India personal loan. Like, you can get a personal loan for wedding, travel, education, vacation, medical emergency, any big purchase, home repair and to pay the debt. Read the article to know about the loan eligibility and other details.

Fullerton India Personal Loan Details

  • You can borrow up to INR 25 lakhs 

  • With a flexible tenure of 12 to 60 months

  • And getting the loan at a competitive interest rate from 11.99% onwards

  • You can make the loan affordable to repay it in EMIs

  • Within 30 minutes of approval, the loan amount will be disbursed to your bank account.

Eligibility for Fullerton India Personal Loan

  • You should be a resident citizen of India.

  • Working in private or public sector company or either self-employed

  • Age between 21 to 60 years to apply for Fullerton India Personal Loan

  • For Salaried applicants a minimum INR  25,000 per month income is required if residing in Mumbai or Delhi otherwise it can be INR 20,000.

  • The minimum yearly profit after the tax deduction will be determined by Fullerton India to approve a personal loan for self-employed.

Fullerton India Personal Loan Payment

To pay the borrowed amount, you can use the payment services such as ECS, PDCs, NACH, etc. using which the EMI amount will be deducted from your account before the due date. It helps on timely payment and reduces the chances of due payment on your Fullerton India personal loan. 

Per dishonour of cheque, ECS, or NACH Fullerton India charge INR 300+GST and a late payment charge of 2% will be levied on your due EMI amount. So, take care of these things when you pay Fullerton India personal loan.

How to Apply for Fullerton India Personal Loan?

You can visit the branch or go to the official website to apply for the Fullerton India personal loan. And when the form is filled, you need to submit the following documents with it.

Proof of identity

  • Aadhaar Card

  • PAN card

  • Voter ID card

  • Driving Licence

  • Passport 

Proof of address

  • Electricity Bill 

  • Telephone bill

  • Passport copy

Proof of income

  • Salary slips for the last three months  

  • Bank statement for the last six months

  • Income tax returns (ITR) report or form 16

  • Financial statements for the previous year (for self-employed)

  • Annual profit 

  • Balance sheet or turnover of the business

When the documents are verified the Fullerton India approved your loan application and the loan is secured to your account in a few minutes. So, apply for a personal loan today and meet your financial needs quickly without any trouble. If you have a regular income then there is no need to borrow money from anywhere when Fullerton India provides your personal loan with this many features.


Labels:
Location: India

Comments

Post a Comment

Popular posts from this blog

Use of United Bank of India Personal Loan EMI Calculator For Different Purposes

Affordable United Bank of India personal loan interest rate is one of the key reasons behind the popularity of a personal loan from United Bank of India among customers. Since interest rates on a personal loan directly impact your repayment amount (EMI amount), it is important to keep a close eye when choosing the suitable personal loan interest rates for you. But there is one tool that is often ignored by the customers that can prove to be beneficial for different purposes - the United Bank of India personal loan EMI Calculator . As the name suggests the primary purpose of this tool is to have an estimate of the EMI amount. An individual just needs to put a few basic details into the tool, and it will give you results within a second. One of the amazing things about this tool is that any individual can use this tool without any hassle. Also, you can be assured about the accuracy this tool provides. In this article, we will be telling you about all the different purposes for which you ...
1 comment
Read more

Bank of Baroda Personal Loan EMI Calculator - The Perfect Repayment Planning Tool!

We got worried while borrowing a loan and the question related to repayment, interest, etc. started hitting our head. But now you don’t have to worry as Bank of Baroda has introduced the Bank of Baroda Personal Loan EMI Calculator . A tool that works simply and doesn’t require much of your information, just enter your loan amount, interest and tenure, your EMI will be displayed to your computer screens. Let’s check out the article below and know the features of Bank of Baroda Personal Loan EMI Calculator. Functions of a Bank of Baroda Personal Loan EMI Calculator You should know that the Bank of Baroda Personal Loan Calculator not only generates EMI but it also gives you an idea of your  interest outgo and prinpay payout. To understand this better check out the example below. Example - Ronit is in corporate for at least 2 years and earns a handsome amount of INR 35,000 per month. And due to his mother's health issues, Ronit needs a lump sum of money for the treatment/surgery. So, R...
Post a Comment
Read more

Role of ICICI Personal Loan Interest Rates in Deciding your Repayment Amount

When we talk about an ICICI personal loan, which is one of the most popular loan options among the customers, the most common question asked by people is about the ICICI Personal Loan Interest rates . The reason: Personal Loan is a fully unsecured loan which means a customer doesn’t need to pledge any kind of collateral against the loan amount he or she would get. So, take an example for yourself. If you are lending money to someone without any security, the trust amount in this transaction must be quite high. Similarly, during a personal loan, a lender checks the creditworthiness of an individual by his or her credit score.  A credit score is a 3-digit number ranging from 300 to 900 which defines an individual’s creditworthiness. There are several benefits of a good credit score (750 or above) such as lower interest rates, quick approval & disbursal, higher loan amount, etc. But the most important aspect is that your credit score defines the Rate of Interest which ultimately a...
Post a Comment
Read more