Here are a few factors
|Minimum Salary Per Month||25000+|
|Salary Mode||NEFT,RTGS & COMPANY TRANSFER|
|Applicant Age||21 Year to 65 Year|
|Loan Amount & Tenure||1 Lac to 25 Lac
(12 Month to 60 Month)
|Rate of Interest (Type)||14% to 32% (Reducing)|
|Processing Fees||1% - 3%|
|Processing Mode & TAT||Processing: Online
TAT: 3 Day to 7 Days
|Foreclosure Charges||1% - 7%|
|Part Payment Allowed||No|
|Minimum Job Experience||3 month Continuous Salary|
|Current Employer Business Vintage||6 Month|
|FOIR||70% of Net Salary|
|Whether Co-Applicant Mandatory||No|
2. Loan upto 5 Lac to Minus 1 CIBIL
|Negative Profile||1. Employee whose Salary receive in Cash, UPI & IMPS 3. NGO Employee, 4th Grade Employee, Defence Employee, Police, Mall Employee, SPA & Saloon, Gym Employee, Bar Tender, Taxi Driver|
Fullerton Personal Loan EMI Calculator
|Interest %||14 %|
|Emi (monthly)||₹ 8,979|
|Total Interest||₹ 7,745|
|Loan Amount + Interest||₹ 107,745|
|Year||Total Principal |
( A )
|Total Interest |
( B )
( A + B)
|Total Payment||Loan Paid Till Date (%)|
|₹ 100,002||₹ 7,746||₹ 107,748||₹ 0||100.00 %|
Required Documents to Apply for Fullerton Personal Loan
KYC of Applicant (Adhar Card+Pan Card+Passport Size Photo)
Last 3 month Salary Slip
Last 6 month Bank Statement in PDF
Form 16 of last 2 year
Rent Agreement if rented or Utility Bill if residence is owned
Sanction Letter of all current running loan if any
Office ID Card or Official EMAIL ID if any
About Fullerton Personal Loan
A loan can be a lifesaver to those who need cash to meet any financial emergency. In banks, loans are available for a fixed duration. However, in Fullerton India personal loans you can borrow any amount within 1-25 lakhs at preferred mutually agreed on interest rates and repayment tenure. Fullerton India provides instant personal loans, so you can get the money you need as soon as possible. You can apply online through their easy-to-use application forms.
Fullerton India offers loans of up to Rs. 25 lakhs to help you deal with both planned and unplanned expenses. Their collateral-free personal loans come with attractive interest rates, too.
Start with Fullerton Personal Loan in few steps
If you are planning to apply for a personal loan at Fullerton there are certain details that you should be aware of, Let’s discuss:
Visit Our Website
For the first step, you will have to visit our website to explore the loan options that fit your needs.
Select and Apply
Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.
Submit Your Document
One of the most important steps. Now you will have to submit all the required documents digitally.
Enjoy Your Financial Freedom!
Once your application is approved based on your eligibility, you will receive your loan amount shortly.
Let us take an example, How EMI is being calculatedFor instance, if "Shubham" applies for a Personal loan of INR 1 Lacs and get the loan sanctioned at the rate of 15 % with a tenure range of 36 Months , in such a case his EMI would be INR 3,467 and complete repayment amount till the end of 36 Months tenure would be INR 1,24,795 (i.e 3,467 EMI * 36 Months), wherein the total interest amount is INR 24,795 along with principal repayment of INR ₹1,24,795 . Few additional charges like those of minimal one-time processing fee 1% - 5% of the disbursed amount + GST of loan amount may apply. T&C apply.
(A + B)
|Balance||Loan Paid To Date|
|2022||₹ 11,363||₹ 5,969||₹ 17,333||₹ 88,637||11.36%|
|Aug||₹ 2,217||₹ 1,250||₹ 3,467||₹ 97,783||2.22%|
|Sep||₹ 2,244||₹ 1,222||₹ 3,467||₹ 95,539||4.46%|
|Oct||₹ 2,272||₹ 1,194||₹ 3,467||₹ 93,267||6.73%|
|Nov||₹ 2,301||₹ 1,166||₹ 3,467||₹ 90,966||9.03%|
|Dec||₹ 2,329||₹ 1,137||₹ 3,467||₹ 88,637||11.36%|
|2023||₹ 30,332||₹ 11,266||₹ 41,598||₹ 58,305||41.70%|
|Jan||₹ 2,359||₹ 1,108||₹ 3,467||₹ 86,278||13.72%|
|Feb||₹ 2,388||₹ 1,078||₹ 3,467||₹ 83,890||16.11%|
|Mar||₹ 2,418||₹ 1,049||₹ 3,467||₹ 81,472||18.53%|
|Apr||₹ 2,448||₹ 1,018||₹ 3,467||₹ 79,024||20.98%|
|May||₹ 2,479||₹ 988||₹ 3,467||₹ 76,545||23.45%|
|Jun||₹ 2,510||₹ 957||₹ 3,467||₹ 74,036||25.96%|
|Jul||₹ 2,541||₹ 925||₹ 3,467||₹ 71,495||28.51%|
|Aug||₹ 2,573||₹ 894||₹ 3,467||₹ 68,922||31.08%|
|Sep||₹ 2,605||₹ 862||₹ 3,467||₹ 66,317||33.68%|
|Oct||₹ 2,638||₹ 829||₹ 3,467||₹ 63,679||36.32%|
|Nov||₹ 2,671||₹ 796||₹ 3,467||₹ 61,009||38.99%|
|Dec||₹ 2,704||₹ 763||₹ 3,467||₹ 58,305||41.70%|
|2024||₹ 35,208||₹ 6,390||₹ 41,598||₹ 23,097||76.90%|
|Jan||₹ 2,738||₹ 729||₹ 3,467||₹ 55,567||44.43%|
|Feb||₹ 2,772||₹ 695||₹ 3,467||₹ 52,795||47.20%|
|Mar||₹ 2,807||₹ 660||₹ 3,467||₹ 49,988||50.01%|
|Apr||₹ 2,842||₹ 625||₹ 3,467||₹ 47,147||52.85%|
|May||₹ 2,877||₹ 589||₹ 3,467||₹ 44,270||55.73%|
|Jun||₹ 2,913||₹ 553||₹ 3,467||₹ 41,356||58.64%|
|Jul||₹ 2,950||₹ 517||₹ 3,467||₹ 38,407||61.59%|
|Aug||₹ 2,986||₹ 480||₹ 3,467||₹ 35,420||64.58%|
|Sep||₹ 3,024||₹ 443||₹ 3,467||₹ 32,397||67.60%|
|Oct||₹ 3,062||₹ 405||₹ 3,467||₹ 29,335||70.67%|
|Nov||₹ 3,100||₹ 367||₹ 3,467||₹ 26,235||73.76%|
|Dec||₹ 3,139||₹ 328||₹ 3,467||₹ 23,097||76.90%|
|2025||₹ 23,097||₹ 1,169||₹ 24,266||₹ 0||100.00%|
|Jan||₹ 3,178||₹ 289||₹ 3,467||₹ 19,919||80.08%|
|Feb||₹ 3,218||₹ 249||₹ 3,467||₹ 16,701||83.30%|
|Mar||₹ 3,258||₹ 209||₹ 3,467||₹ 13,443||86.56%|
|Apr||₹ 3,298||₹ 168||₹ 3,467||₹ 10,145||89.86%|
|May||₹ 3,340||₹ 127||₹ 3,467||₹ 6,805||93.19%|
|Jun||₹ 3,381||₹ 85||₹ 3,467||₹ 3,424||96.58%|
|Jul||₹ 3,424||₹ 43||₹ 3,467||₹ 0||100.00%|
FREQUENTLY ASKED QUESTIONS
The minimum required CIBIL score to avail of a personal loan from Fullerton is 700. Having a low score than 700 can cancel out your chances of getting your loan approved.
Yes, you can undoubtedly use this Fullerton personal loan for marriage or any other individual purpose.
You can submit your document both ways, either upload it online or visit the nearest branch. Fullerton has also launched a new offer where you can send your documents through WhatsApp.
Yes, you can check your loan application status by visiting the official websites of Fullerton. Go to the contact us page and click on the track application option. Provide the prompted details, and you can now see your application status.
In such a case, your CIBIL score or financial history might differ from the lender's eligibility criteria. Make sure to match the lender's eligibility criteria before applying for any loan.
Fullerton India typically requires a CIBIL score of 700 or above to qualify for a personal loan. Your credit score plays an important role in determining your eligibility, interest rate, and loan amount.
Fullerton India's personal loan interest rates start at 14% per annum for salaried and self-employed applicants for a maximum tenure of 60 months. The interest rate, along with a processing fee of up to 3% of the loan amount, makes up the total cost of the loan.
Fullerton India is rated 4.1 out of 5 based on 2.6k reviews by employees on AmbitionBox. Fullerton India is highly rated for its salary and benefits package, which received a rating of 4.1. However, career growth is rated lower at 3.7 and has room for improvement.
Yes, Fullerton India Credit Company Limited is registered as an NBFC - Investment and Credit Company (NBFC-ICC) with the Reserve Bank of India and is a member of SMBC Group.
Shantanu Mitra is the CEO of Fullerton India Credit Company Limited, which is a subsidiary of Fullerton Financial Holdings Pte. Ltd.
Fullerton India Credit Company Limited, a non-banking financial company (NBFC), has become a consolidated subsidiary of SMFG, according to a recent announcement.
No, borrowers do not need to provide any collateral or guarantee to get a personal loan from Fullerton India. The loan is an unsecured one.
No, there are no restrictions on how borrowers can use the loan amount. The loan can be used for any purpose according to the borrower's specific needs, whether it's for a wedding, home repairs, or any other expenses. There's no need to provide any receipts to the lender.
Yes, Fullerton India offers additional benefits to its existing customers. The borrowers can check with the lender to get a good deal on interest rates, processing fees, and other charges.
Yes, borrowers can prepay the loan and close their account by paying the full outstanding amount. However, they need to pay prepayment charges in addition to the outstanding loan amount.
Borrowers can check the status of their loan application by visiting the website of Fullerton India. Alternatively, they may also check the loan status by calling the customer service department of the company.
Fullerton India allows borrowers to foreclose or prepay their personal loans. Foreclosure charges are not applied on floating rate term loans provided to individual borrowers. The foreclosure charges depend on the number of EMIs that have been paid off. If the full payment of 0 to 17 EMIs has been made, the foreclosure charge will be 7%. If the full payment of 18 to 23 EMIs has been made, the foreclosure charge will be 5%. If the full payment of 24 to 35 EMIs has been made, the foreclosure charge will be 3%. Finally, if the full payment of 36 or more EMIs has been made, the foreclosure charge will be 0%.
Fullerton India provides personal loans with benefits including loans up to Rs. 25 lakhs, attractive interest rates, flexible repayment tenures between 12-60 months, and a digital application process.
Yes, you can submit your documents either online by uploading soft copies or offline by walking into a branch and submitting hard copies. In addition, customers who apply for a personal loan online can now also send their documents via WhatsApp.
Fullerton India offers competitive interest rates for personal loans starting from 14% per annum, which are determined by various factors such as credit score, repayment capacity, and occupation of the applicant. The processing fees for the loan can go up to 6% of the loan amount, and there are prepayment charges that can go up to 7% of the loan amount. These charges are nominal in nature.
To be eligible for a Fullerton India personal loan, the applicant should be a resident Indian between the ages of 21 and 65 years. The applicant must be a salaried or self-employed individual with a minimum monthly income of INR 25,000 and above. In addition, the applicant must have a good credit score of 700 or above, with a good credit history. The applicant must also have a minimum work experience of 1 year.
Fullerton India requires several documents to be submitted when applying for a personal loan. These include a duly filled and signed application form, as well as proof of identity, address, and age. Salaried applicants are required to submit their salary slips for the past three months and bank statements for the past six months. They must also provide their income tax returns or Form 16. Self-employed applicants must furnish proof of income and financial statements in addition to the other required documents. By submitting these documents, applicants can move forward with their loan application process with Fullerton India.
Fullerton India offers special personal loan interest rates for women borrowers. Women residing in urban, semi-urban and metropolitan areas are eligible to apply for the loan with a maximum loan amount of up to Rs.25 lakh. Female applicants can avail of loans at an interest rate that is lower than the applicable base interest rates. The borrowers can take the loan for extended repayment period of up to 5 years or 60 months, subject to meeting the eligibility criteria. This makes it easier for women to opt for a loan when required and meet their financial needs.
Fullerton India offers personal loans for salaried individuals with amounts as high as Rs. 25 lakh.
Fullerton India offers personal loans with a tenure period ranging from 12 months to 60 months.
Fullerton personal loans can be repaid through equated monthly installments (EMIs), calculated at a monthly reducing interest rate. Users can pay their Fullerton India Personal Loan EMI online directly to Fullerton India using the online funds transfer facility or via cheque deposit.
One can use the Personal Loan EMI calculator available at referloan.in to understand the monthly payment to be made against the Fullerton Personal Loan. The tool requires the user to enter the loan amount and preferred tenure, and then automatically calculates the Fullerton India Personal Loan EMI, providing the result instantly.
Fullerton India accepts online loan submissions and has partnered with referloan.in for personal loan submissions online. Applying for a Fullerton India personal loan online through referloan.in can help applicants get discounted interest rates, instant e-approval and online loan tracking facility, along with a dedicated customer helpline for any queries or grievances.
No, referloan.in does not charge its members for using the online loan calculator tool. The services provided by referloan.in are free.
Yes, personal data of loan applicants is secure while applying for a personal loan through referloan.in. The website uses high-level encryption while sending personal data to the respective banks, and all data with referloan.in is never shared with any third party except the loan department of the designated bank or non-banking financial company as per the case.
One can foreclose their personal loan by issuing a cheque against their Fullerton India personal loan account. However, Fullerton India allows foreclosure only after successful payment of 6 EMIs.
One can check the status of their personal loan at Fullerton India through a variety of methods. These include visiting the Fullerton India website, calling the customer care executives, giving a missed call at 9594763763, sending an email to [email protected] or using the chatbot ‘DIA’. In addition to this, the status of the loan application can be checked at mConnect, the official app for Fullerton India customers or by logging into the internet banking portal.