A franchise is a package that offers many benefits. You enter the world of entrepreneurship and earn profit too once it starts working in your favor. You start working as a small to medium business owner along with the infrastructure and administration. If you obtain the franchise of a well-known brand, then most of your standard operating protocols are well defined, and your marketing efforts only need to be dedicated to customer acquisition and reach, rather than branding.

However, there is one requirement franchise for a company. You need the right amount of working capital to manage operating expenses, as well as to pay for the franchise itself, which together comprise the franchise finance. This capital is used in buying the franchise, advertising, inventory, paying royalties, etc. In a world where business loans may be approved with a bit of difficulty, it could be especially tough for fresh startups to get them. This is true for enterprises that are yet to initiate their operations and are still in their planning stage. If your own funds are insufficient and you don’t qualify for a business loan, you can get a  loan for the franchise to fulfill your entrepreneurship in other ways.

One of these is by getting a personal loan. Fullerton India offers personal loans at attractive rates as low as 11.99% to salaried and self-employed professionals. You can even choose a convenient repayment tenure between 12 months to 60 months.

Here is a Snapshot of how you can go About Getting the Required Franchise Finance:

1. Preparing your Business Plan

Making a franchise business plan is the first step in your business dream. Your business plan can include infrastructure details, equipment information, advertising expenditure, etc. Take various factors into consideration, including your proposed location, brand value, pricing strategy to come up with realistic expectations of the monthly revenues, expenses, and profit margins to arrive at the break-even point. Once you make a plan you will be clear about the amount of loan you want, how much monthly expense you can afford, and the tenure of your loan. You can then evaluate your loan application with more clarity.

2. Prepare options for Obtaining Required Funds

You must also consider how much attention you would be required to spend on managing the business, at least until you break even. If it is more than 5-6 hours per day, then managing a full-time job at the same time may not be feasible. Factor in the requirement for part-time work / other businesses and how much income you can expect from these sources. Based on the above, make an assessment of the amount you need to borrow, after investing your own funds.

3. Check Eligibility for Loan

Based on the above step, you will now have a clear idea of the amount you need to borrow, as well as your monthly income. Do remember, loan eligibility amount depends primarily on your disposable income, income stability, and credit score. Other factors include your age, repayment capacity, etc. Fullerton India’s personal loan eligibility calculator gives you an accurate estimate of the maximum amount you may be eligible for.

Apart from this, additional eligibility criteria for a personal loan are as follows:

  1. Your age should be in the range of 21 - 60 years, and you should be a resident Indian.
  2. The minimum salary should be Rs. 25,000 per month in Delhi and Mumbai, and Rs. 20,000 in the rest of India. This should be with a minimum of one year of work experience, with at least 6 months in the current organization. As a self-employed applicant, you should have a minimum yearly profit after tax based on profession/industry.
  3. CIBIL score of at least 750

If you don’t satisfy these criteria, you can ask a family member with a good CIBIL score and stable income to be your co-applicant or guarantor. A co-applicant may also help you become eligible for a larger loan amount.

4. Calculate Your Loan EMI

Fullerton India’s personal loan EMI calculator gives you all the details of your monthly outflow. All you have to do is to enter the loan amount, repayment tenure, and rate of interest. You will immediately get an exact amount of your monthly outflow, which will help you in planning a convenient tenure so that you can repay your loan comfortably.

5. Apply for Instant Personal Loan Online

You can apply for Fullerton India’s personal loan online in a few steps. . Click the “Apply now” button on this page and fill in the required information. You need to then specify the amount and tenure and upload the requested documents. After this step, you need to submit the application. After successful document verification and loan approval, the funds will be credited to your account shortly.

You can also visit your nearest branch of Fullerton India and our representatives will guide you through the offline process of applying.


12 Months
36 Months
60 Months

Your Calculated EMI*


Reasons to buy

You can take our personal loan for a variety of reasons.

Wedding Expenses

Higher Studies

Exotic Vacations



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