Are you looking for a quick and convenient way to get a personal loan minus the paperwork? With the Government of India putting in a tremendous effort to minimise the need for paperwork in most financial processes, getting a paperless personal loan is a definite possibility today. Access to internet connectivity has certainly helped to simplify the process of a no-paperwork personal loan application and sanction. At Fullerton India, our top notch digital processes enable us to help you apply for a personal loan from the comfort of your home paperlessly.
Prior to submitting your loan application, please check the basic eligibility criteria below. Please note that this is not a comprehensive list, and overall eligibility will be determined based on a lot of factors including Fullerton India’s policy at the time of loan application.
Using the personal loan eligibility calculator on the Fullerton India website can also help to determine if you can get an instant paperless loan approved for the amount you require.
If you’ve met these eligibility parameters, you can then proceed towards uploading your documents online to process your paperless loan application. Here is a list for your reference:
Personal loan interest rates at Fullerton India starts at 11.99%* applicable for both salaried and self-employed professionals. The rate offered to you largely depends on the amount of loan requested, CIBIL score, stability of income, employment history, the tenure selected, your own profile and credit history, and your current financial status.
There is also a processing fee component which can be up to 6% of the loan amount. Typically, Fullerton India offers loans with a repayment period of anywhere between 12 and 60 months. If you intend to foreclose the loan, a prepayment charge may be applicable ranging between 0% to 7%.
Making an online paperless loan application can be done in a few simple steps with Fullerton India.
Based on the information you enter, you will be assessed for eligibility as per our policy. If deemed eligible; a customer service representative will get in touch with you to discuss the next steps.
You can take our personal loan for a variety of reasons.