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Personal Loans are that form of financial assistance that you can avail of in case of any unexpected expense which goes over and above your normal expenses. Personal loans are taken by our customers for reasons such as financing wedding expenses, much-desired travel/trip, to pay for the child’s education, any medical emergency, or even for big-ticket purchases of electronic devices, etc., home repairs and even for debt consolidation.
The Benefits of Personal Loans from Fullerton India are:
You can check your personal loan eligibility by logging on to the Fullerton personal loan eligibility calculator – wherein you put the details of your city, your monthly income, and your preferred rate of interest and your monthly outgoing EMI’s. This will give you an idea of what kind of loans you will be approved for easily and you can check these details on the personal loan EMI calculator on the site to know the EMI amount before applying.
Our Personal loan EMI calculator can help you for calculating the amount on your 10 lakh personal loan EMI.
We can take an example of a 10 Lakh loan which is a common amount that is much in demand as it is sufficient to satisfy most requirements.
PERIOD |
RATE OF INTEREST |
CALCULATED EMI |
24 months |
15% |
48,487/- |
32 months |
11.99% |
36,666/- |
48 months |
20% |
30,430/- |
In the Personal loan EMI calculator, you can keep changing the parameters preferred by you till you hit upon your ideal parameters and request those. The company will try its best to accommodate you depending on your credit history and credit risk posed by you.
As a rule, the lower your credit risk the lower the interest rate offered to you. By responsibly taking loans and returning them on time you can build a good credit history.
Giving the details of your Aadhaar card and PAN card further simplifies the process of being approved for and getting the personal loan. Once you are approved for a personal loan the amount is transferred quickly into your personal bank account and is ready to be used by you.
Getting a 10 lakh loan from Fullerton is easy and quick and can be the answer to your short term financial woes. Borrowing responsibly allows you to manage your financial expenses while also raising your credit score.
You can take our personal loan for a variety of reasons.
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