Borrowing for your business is always a positive step that can help you move faster. Our customised business loan interest rates and fees are tailored to suit every customer as per his or her individual profile and requirement. Thus, no matter what your need is – working capital, purchase of new machinery, business expansion or debt consolidation, our affordable solutions will ensure that you can meet your business loan requirements in the easiest and most convenient manner.

Fullerton India offers affordable Business Loans solutions. Upon receiving your application, you will firstly be evaluated for eligibility as per our policy at the time of loan application based on the information you provide us. If deemed eligible, our representative will get in touch with you to understand your requirements in detail and set up an appointment for document collection. Depending on what you require, your credit score, business turnover and other financials, we will arrive at the best possible business loan interest rates that can be offered to you. 

Read on to know more about our business loan interest rates and other charges. 

To know more, please feel free to get in touch with us through our customer care centre, or visiting us at your nearest Fullerton India branch. 

Fullerton India Business Loan Interest Rates

Interest Rate 17-21% Interest Rate (depending on several factors including location, net income, business stability, collaterals, existing monthly obligations, etc.)
Loan Amount Up to Rs. 50 Lakhs*
Loan Tenure 12-60 Months
Proceeding Fees Up to 6.5% of the Loan Amount
Customer Type Proprietor / LLP/ Pvt Ltd / Partnership / Public Ltd

Business Loans Fees & Charges

Here’s a table of Fees and Charges for Fullerton India Business Loans to help you understand the same in detail

Fee Type Applicable Charges
Delayed EMI Payment Interest
( per month of delay, every month)
As stated under additional interest charge**
Collection of Cheque/Cash
(per collection)
Cheque /ECS dishonoured Charges
(per dishonour of cheque/ECS per presentation)
Swap Charges- for replacement of Post-dated cheques to ECS
(per instance)
Swap Charges- for replacement of ECS to ECS
(per instance)
Loan Cancellation charges
(loan cancelled before first EMI)
Foreclosure Charges  
0 to 6 EMIs fully paid Not allowed
7 to 17 EMIs fully paid 7%
18 to 23 EMIs fully paid 5%
24 to 35 EMIs fully paid 3%
36 or more EMIs fully paid 0%
**Additional Interest (applicable for payment defaults): Rate
For all loans 24% per annum on outstanding balance which is overdue, calculated on day to day basis

*Terms and Conditions apply


Can I Get a Business Loan with a 750 Credit Score?

Yes, you can get a business loan with a credit score of 750. There are many other factors like tax payment record, bank balance, credit utilization ratio, etc that we consider to determine your eligibility for business loan. However, your credit score is a crucial factor in determining your business loan eligibility. It is extremely important to ensure a healthy CIBIL score. You can aim at the best business loan interest rates and special offers (if any) with a credit score 750. Business owners with a low credit score may have a tougher time securing the loans they want.

What is the Processing Fee for Business Loans?

The processing fee that you pay in a business loan is anywhere up to 6.5% of the loan amount. Here are a few of the additional charges for a Fullerton India business loan:

  1. INR 300 related to dishonouring of cheque or ECS dishonouring. 
  2. Swap charges for replacement of post-dated cheques to ECS are INR 500.  
  3. Loan cancellation charges are INR 1,000. 
  4. There are additional charges for payment default at the rate of 24% per annum on outstanding balance which is overdue that is calculated on a day to day basis. 
  5. Further, there are foreclosure charges applicable. Please scroll down or visit the Loan charges page to know more. 

Is it Difficult to Get a Business Loan?

If you have a healthy credit score, match the business loan eligibility criteria, and submit all the requisite documents as per our requirements, it isn’t difficult to get a business loan. You can apply online and seamlessly get your loan. 

Here are some instances where getting a business loan may prove difficult:  

  1. Low credit score/rating 
  2. Payment defaults in the past 
  3. Weak business cash flow 
  4. Poor business plan 
  5. Multiple loan applications 
  6. Lack of documentation 
  7. Poor tax payment record
  8. You have insufficient business experience and / or you need the funds to start a new business from scratch

What is the Minimum and Maximum Business Loan Tenor That Can Be Given?

The minimum business loan tenor you can get is 12 months. And the maximum business loan tenor you can get is 60 months. Fullerton India’s secured business loans (which are usually secured against property) have a repayment tenure between 12 to 180 months.

What are the Pre-Closure / Foreclosure Charges for Business Loans?

There is a foreclosure charge of 7% if you foreclose the loan between 7-17 fully paid EMIs, 5% charge between 18 and 23 fully paid EMIs, and 3% charge between 24 and 35 fully paid EMIs.

* Terms and conditions apply
** Subject to foreclosure charges. Terms and conditions applicable.

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