At Fullerton India we believe in the growth of your firm or company, therefore, we have come up with Fullerton India Hypothecation Loan. This loan is beneficial for manufacturing and processing industrial units to meet their need for establishing new plants and purchase of machinery. The loan could be considered against the hypothecation of plant and machinery and finished/semi-finished goods. Wherever possible, land and building owned by the applicant/borrower shall be taken as collateral security by way of mortgage.
No prepayment penalty
You can close the loan at any point of time as there is no prepayment penalty on pre closure.
Convenience
A wide variety of equipment covered for funding including Agri & Farm, Power, Irrigation, medical equipment, MSME equipment, etc.
Flexible repayment schedule
The maximum repayment period is up to 7 years
Complete Transparency
No hidden charges and you can get funding up to 75% of your asset cost.
These are the eligibility criteria you must fulfil before availing this loan:
