Consumer Loan (Term Loan): Unsecured term loans (no collateral required), for financing various needs, for salaried as well as self-employed customers. With rate of interest starting from 0% (for subvention programs) up to 36% per annum, term loans available for loan tenure up to 60 months. Customers can avail loans starting from ₹5,000 up to ₹30 Lakhs.
Consumer Loan (Line of Credit): An unsecured financing option that can be availed to meet personal requirements. An approved credit limit is provided to the borrower for a loan tenure up to 48 months. The borrower can withdraw the amount multiple times, up to a total outstanding equal to the sanctioned credit limit. Unlike term loans, borrower has the option to utilise the entire sanction amount in a single go or in multiple transactions. The interest is only charged on the loan amount outstanding with the borrower, with rate of interest between 11.99% to 36% per annum. Financing options start from ₹1,000 up to ₹30 Lakhs.
Consumer Loan (BNPL): Short term financing option for consumers to make instant purchases, without having to pay immediately. Customers can pay back the lender as lump sum or in periodic instalments. With credit limit valid for up to 36 months, customers can avail the financing option for amounts starting ₹250 up to ₹30 Lakhs. Rate of interest for BNPL products start from 0% (subvention programs) up to 36% per annum.
Business Loan (Term Loan): Financing options for Medium, Small, and Micro Enterprises (MSME) with unsecured term loans up to ₹75 lakhs (starting from ₹50,000). Customers can start, grow and expand their businesses, with loans from 12 to 60 months in loan tenure. Rate of interest starting from 11.99% to 36% per annum.
Business Loan (Line of Credit): Business owners can avail credit lines to get quick and easy financing. With a Line of credit facility, borrowers can get a Sanction limit starting ₹1 Lakh up to ₹75 Lakhs, having a validity of 36 months. Borrowers can withdraw funds, up to the sanctioned limit, through one or more transactions. Moreover, interest would only be charged on the amount outstanding with the borrower.
Business Loan (BNPL): Businesses can purchase their stock/inventory with external financing through Buy Now Pay Later (BNPL) option. Without having to pay upfront for the purchases, businesses can repay as lump sum amount or through scheduled instalments. Sanctioned credit limit can be availed for a tenure up to 36 months, with the loan tenure up to 48 months. Borrowers can get BNPL loans for amounts up to ₹30 Lakhs, with rate of interest ranging from 0% (Subvention programs) to 36% per annum.
Business Loan (Merchant Cash Advance): Merchant Cash Advance (MCA) is an unsecured loan facility, catering to small businesses owners who require financing to meet their business needs. Smaller than a typical Business term loan, the MCA facility provides financing with loan ticket size starting from ₹1,000. Merchant Cash Advance loan is sanctioned to borrowers, basis details of their transactions or sales volumes.
Business Loan (Supply Chain Finance): Vendors and Suppliers can utilize Supply Chain Finance (SCF) loans to manage their cash flows better. With loans from ₹1 Lakh up to ₹10 Crore, borrowers can reduce the waiting time on receivables, and utilize their funds towards growing their business. The sanctioned limit for Supply chain finance loans can be used within 36 months of loan sanction.
Note: The Loan products listed here are exclusively offered through the Digital Partners of Fullerton India Credit Co. Ltd.
Nature of Product |
Tenure |
Loan Amount |
Rate of Interest (p.a.) |
Repayment |
#Pre-payment / Foreclosure |
Consumer Loan (Term Loan) |
3 - 60 months |
₹5,000 - ₹30 Lakhs |
Subvention: 0% onwards |
Monthly |
Allowed |
Consumer Loan (Line of Credit) |
Limit validity: up to 36 months Loan tenure: up to 48 months |
₹1,000 - ₹30 Lakhs |
11.99% - 36% |
Monthly |
Allowed |
Consumer Loan (BNPL) |
Limit validity: up to 36 months Loan tenure: up to 48 months |
₹250- ₹30 Lakhs |
Subvention: 0% onwards |
Bullet* |
Allowed |
Business Loan (Term Loan) |
12 - 60 months |
₹50,000 - ₹75 Lakhs |
11.99% - 36% |
Monthly |
Allowed |
Business Loan (Line of Credit) |
Limit validity: up to 36 months Loan tenure: up to 48 months |
₹1 Lakh - ₹75 Lakhs |
11.99% - 36% |
Monthly |
Allowed |
Business Loan (BNPL) |
Limit validity: up to 36 months Loan tenure: up to 48 months |
₹25,000 - ₹30 Lakhs |
Subvention: 0% onwards |
Monthly |
Allowed |
Business Loan (Merchant Cash Advance) |
Up to 60 months |
₹1,000 - ₹10 Lakhs |
11.99% - 36% |
EDI (Equated Daily Instalments) |
Allowed |
Business Loan (Supply Chain Finance) |
Limit validity: up to 36 months Loan tenure: up to 48 months |
₹1 Lakh - ₹50 Lakhs (for self-employed)/ ₹10 Crores (for entities) |
11.99% - 36% |
Bullet* / Monthly |
Allowed |
* The entire Principal amount is to be repaid by the Borrower as a lump sum payment, at the end of the loan tenure.
#Part Pre-payment/Foreclosure charges (The below charges are indicative. Detailed break-up of charges will be a part of the Loan agreement):
(a) No part prepayment of the Loan shall be allowed.
(b) In case of prepayment of entire Loan with interest amounts outstanding, following will be the prepayment charges:
(c) No prepayment charges shall be applicable in case of prepayment is after 36 or more EMIs fully paid
Note: No foreclosure charges/ pre-payment penalties will be applicable on any floating rate term loan sanctioned for purposes other than business to individual borrowers.
About FICCL: https://www.fullertonindia.com/about-us/overview.aspx
To view the list of Fullerton India’s Lending service providers (LSPs), Digital Lending Apps (DLAs), and Digital Lending Apps of Lending Service Providers, click here
To view the list of Fullerton’s active Collection vendors, click here
FICCL Nodal Grievance Redressal Officer
Name & Designation : Maithreyi Srikanth, Nodal Grievance Redressal Officer
Address : 3rd Floor, No - 165 Megh Towers, PH Road Maduravoyal, Chennai - 600 095
Contact : 022-42241220
Email ID : [email protected]
Partner Name |
Name & Designation |
Address |
Contact Details |
Email ID |
Byju's |
Aayush Parasrampuria customer Grievance Redressal Officer |
3rd Floor, Magnolia, Kalyani Tech Park, Opposite to Brookfield Hospital, EPIP Zone, Brookefield, Bengaluru, Karnataka 560037 |
9513607558 |
|
CredAble |
Gaurav Dugar, Nodal Grievance Redressal Officer |
Choksi Villa, 63, R. A. Kidwai Road, Matunga East, Mumbai - 400019 |
- |
|
Eduvanz |
Harshvardhan Khangarot Grievance Redressal Officer |
B/202, Times Square Building, Opp. Mittal Industrial Estate, Andheri Kurla Road, Andheri East, Mumbai - 400 059 |
022-41791756 |
|
ePayLater |
Pranesh Acharya Grievance Redressal Officer |
ePayLater, 91Springboard, 74 Technopark, 74/II, “C” Cross Road, MIDC Central Rd, opp. Gate No 2, Seepz, Andheri East, Mumbai, Maharashtra 400093 |
8100050505 |
|
Flexiloan |
Manish Lunia Director |
7th Floor, South Annexe, Tower 2, One World Centre, 841, Senapati Bapat Marg, Elphinstone, Saidham Nagar, lower Parel, Mumbai-400013 |
022-62603800 |
|
Mobikwik |
Prashant Gandhi Grievance Redressal Officer |
One MobiKwik Systems Limited Unit No. 102, 1st Floor, Block-B, Pegasus One, Golf Course Road, Sector-53, Gurugram, Haryana-122003, India |
080-69808686 |
|
MoneyTap |
Anjali Panwar Grievance Redressal Officer |
G-405, 4th Floor – Gamma Block, Sigma Soft Tech Park Varthur, Kodi Whitefield Post, Bangalore – 560066 |
080-40974095 |
|
Moneyview |
Venkatraman Narayan Grievance Redressal Officer |
Moneyview, 2nd Floor, The Address, Kadubeesanahalli, Bangalore, 560087 |
080-45692002 |
|
Paytm |
Aditya Ranade , Nodal Grievance Redressal Officer |
Skymark One,Shop No.1, Ground Floor, Tower-D,Plot No. H-10B, Sector 98, Noida, UP-201301 |
0120-5083345 |
FICCL Customer Service:
Contact: 1800 103 6001 (Mon-Sat 9:00 AM to 7:00 PM, except public holidays & 4th Saturday of the month)
Email: [email protected]
Partner Name |
Customer Service (Mobile/Landline) |
Customer Service (Email) |
Byju's |
9241333666 |
|
CredAble |
9372783043 |
|
Eduvanz |
022 4973 3624 / 022 4973 3674 (From 9 AM- 7PM daily, except on Sunday and public holidays) |
|
ePayLater |
8100050505 |
|
CredAble |
9372783043 |
|
Flexiloan |
07948061722 (10 AM to 7 PM) |
|
Mobikwik |
080 69808686 (Mon - Sat 9 AM to 8 PM ) |
|
Moneyview |
080 4569 2002 |
Loan queries: [email protected] Loan payment queries: [email protected] |
Paytm |
0120-5083345 |
Name of FICCL's Digital Lending Partner |
Link to the Collection Agencies of Digital Partner |
Eduvanz |
|
Mobikwik |
|
Moneyview |
|
PayTM |
|
Flexiloan |
|
Creditvidya |
|
MoneyTap |
|
SME Corner |
Lodge a complaint for NBFCs (Sachet Portal): https://sachet.rbi.org.in/Complaints/Add
Lodge a complaint with RBI Ombudsman: https://cms.rbi.org.in
RBI Ombudsman scheme: https://assets.fullertonindia.com/sites/default/files/OmbudsmanSchemeforNonFinancialBankingCompanies.pdf
Salient features of Ombudsman scheme: https://assets.fullertonindia.com/sites/default/files/English_Maithreyi-Srikanth.pdf
FICCL Privacy policy: https://www.fullertonindia.com/policies/privacy-policy.aspx
Partner Name |
Privacy Policy |
Byju’s |
|
CredAble |
|
Eduvanz |
|
Epaylater |
|
Flexiloans |
|
Mobikwik |
|
Money Tap |
|
Moneyview |
|
Paytm |
Annual Percentage Rate (APR) is the all-inclusive annualized rate applicable to the borrower for their digital loan. The rate includes charges such as cost of funds, credit and verification costs, operating cost, maintenance charges, processing fees, etc. It excludes any contingent charges applicable to the loan as late payment fees, penal charges, loan cancellation fees, etc.
Annual Percentage Rate (APR) is the all-inclusive annualized rate applicable to the borrower for their digital loan. The rate includes charges such as cost of funds, credit and verification costs, operating cost, maintenance charges, processing fees, etc. It excludes any contingent charges applicable to the loan as late payment fees, penal charges, loan cancellation fees, etc.
Enter the amount you had to pay towards processing fees, insurance, etc. while taking the loan
Disclaimer : This calculator is for your information & knowledge only, and must not be construed as professional advice or guarantee of a loan. Actual terms of the loan will depend on the agreement between the borrower and Fullerton India.
Installment No. | Outstanding Principal (₹) | Principal (₹) | Interest (₹) | Installment (₹) |
---|
Disclaimer : The above calculator and table is for illustrative purposes only and provides an approximate calculation of EMI and repayment schedule. The actual terms of the loan may vary as per the Loan agreement between the borrower and FICCL.
Billing Date
Date of Repayment
Amount disbursed 20000
Interest to be charged
Amount to be Repaid (at the end of Tenure)
Disclaimer : The above calculator and table is for illustrative purposes only and provides an approximate calculation of amount due and repayment schedule. The actual terms of the loan and any charges/fee, may vary as per the Loan agreement between the borrower and FICCL.
Date of Maturity
Amount disbursed 20000
Interest to be charged
Amount to be Repaid (at the end of Tenure)
* The entire Principal amount is to be repaid by the Borrower as a lump sum payment at the end of the loan tenure
Disclaimer : The above calculator and table is for illustrative purposes only and provides an approximate calculation of amount due and repayment schedule. The actual terms of the loan and any charges/fee, may vary as per the Loan agreement between the borrower and FICCL.