We are now SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Co. Ltd.)
A personal loan is arguably the most popular type of loan which enables a borrower to meet all kinds of short-term financial requirements instantly. Be it home renovation, marriage expenses, debt consolidation, office construction, or even taking an international trip, you can use the personal loan from Fullerton India to funds for any purpose without being obligated to inform the lender.
Fullerton India offers Rs. 20 lakh personal loan at interest rates starting from 11.99%. It is unsecured by nature which means that you can avail of the loan without having to put up collateral for security.
Making a 20 lakh loan application at Fullerton India is a relatively simple process. The most convenient is to apply for a personal loan online. Alternatively, you can visit the nearest Fullerton India branch to get the process started.
Some of the key features of Rs. 20 lakh personal loan from Fullerton India are:
On a Rs 20 lakh personal loan, the EMI for 1-year loan tenure at an 11.99% rate of interest per annum comes at ₹ 1,77,688. For 2-year tenure is ₹ 94,138, 3-year tenure is ₹66,419, 4-year tenure is ₹ 52,658 and 5-year tenure is ₹44,469.
Loan Amount (Rs) |
Interest Rate (p.a.) |
Tenure (years) |
EMI (Rs) |
Rs 20 Lakhs |
11.99% |
1 |
1,77,688 |
2 |
94,138 |
||
3 |
66,419 |
||
4 |
52,658 |
||
5 |
44,469 |
Disclaimer: These are approximate EMI calculations, actual numbers may vary.
Check your Rs. 20 lakh loan eligibility by logging into Fullerton India’s personal loan eligibility calculator available on the website. Ensure that you meet the following parameters to be eligible for the loan.
Please note that being eligible for a Rs 20 lakh loan depends on a number of other parameters including your credit score and repayment capacity, as well as Fullerton India’s policy at the time of loan application. You can use the personal loan eligibility calculator to get an estimate of the maximum loan amount you may be eligible for.
Once your application has been received by Fullerton India, you will be requested to share a list of documents. Personal loan documents include:
Follow this step-by-step guide on how to apply for a personal loan online from Fullerton India.
If you have any further questions with reference to personal loans, you may get in touch with us by calling Fullerton India’s customer service toll-free number 1800 103 6001. Alternatively, email us at [email protected] for more information.
You can take our personal loan for a variety of reasons.
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