Business LOANS

At Fullerton India, we understand your business dreams and growth aspirations. There are phases in a business cycle when you seek financial avenues to fuel the growth of your small or medium level enterprise. Quite often your business needs that extra push to take it to a new level of development. In a stiff competitive environment and an ever growing economy, you would not want to lose any business opportunity that comes your way.

Our Business loans at Fullerton India are designed to do just that. We take care of a wide range of capital requirements, financial needs and other industrial expenses that are crucial to keep your business running. We have the right expertise and a keen eye to understand your business requirements. So whether you aspire to expand your current business venture or require new machinery or equipment for your enterprise, our customised business loans aim to provide the right answer to your problems based on your needs.

Business Loans - for wide range of capital requirements
Fullerton India Advantage

Benefit from loans up to 50 Lakhs, without any collateral, for self -employed businessmen involved in Manufacturing, Trading and Service industry

Quick approval and hassle-free processing

Easy EMI repayments through cheques or ECS

Convenience of service at your doorstep 

Minimal paperwork & Documentation

Credit Shield offerings (Insurance Cover for your loan)

Flexible repayment options - range of loan tenors that suit your repayment capacity ranging from 12 months to 48 months

  • 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)
  • Proof of business existence
  • Bank Statements (Bank statement / Bank Passbook for last 6 months)
  • Profit and loss statement for last 3 years
  • Balance sheet for last 3 years
  • Income Tax Returns for last 3 years (for self and business) duly certified by a CA
  • Processing fee cheque

Is there any age eligibility criterion for me to apply for a Business Loan

You need to be at least 27 years of age to apply for a Business Loan under the 'Self Employed Business Category'. A relaxation of 2 years will be made if you are a non-professional. You cannot exceed 65 years of age at the time of Loan Maturity.

Are there any eligibility criteria that my business entity should meet for me to apply for a loan?

Yes, the annual turnover of your business should be between ` 10 Lakhs and ` 100 Crores*. Further, your business needs to be in continuity for the last 3 years showing positive trends in turnover and profit for the last 2 years. Your Income Tax Returns of the last 2 years should reflect taxable income of above ` 2 Lakhs per annum.

*Should your turnover be above ` 30 Crores, please refer to the SME Loans section to understand the solutions that are designed for the SME segment.

What is a Business Installment Loan?

Business Installment Loans are the loans, which are used to meet medium term working capital needs.

How can I repay my Business Loan?

You can repay the loan in equal monthly installments (EMIs). The loan can be repaid through post-dated cheques. You can also repay through an ECS mandate to your bank.

What is an EMI?

EMI or 'Equated Monthly Installment' is the convenient monthly amount that you have to service to pay back the loan availed. The EMI consists of both the principal and interest components.

Do I need to hypothecate my assets or provide any other collateral to avail a Business Loan from Fullerton India?

You do not need to hypothecate any assets to avail a Business Loan from Fullerton India.

What is the maximum loan amount I can avail?

You can avail up to a maximum of ` 50 Lakhs. The amount would be calculated based on your income and other parameters that the Fullerton India Relationship Manager will explain.

Can I foreclose or prepay my loan?

Yes, you can foreclose your Business Loan after a minimum period of 6 months.

Is there any advantage that I can get if I have already availed a loan from Fullerton India earlier?

Yes, if you are an existing customer of Fullerton India, you will get additional benefits in processing time as well as in the interest rate.

* Loans are at the sole discretion of Fullerton India and are subject to guidelines of the Reserve Bank of India. Fullerton India may engage the services of marketing agents for the purpose of sourcing loan assets in certain locations.