Personal loans are unsecured loans which can tide us over in situations where we need quick funds. These can be planned or unplanned requirements such as marriage expenses, education expenses or medical expenses etc. and a small personal loan can alleviate the financial stress of the occasion.  Every financial institution has certain eligibility criteria for giving out personal loans. These vary from one organization to another.

Personal Loan Eligibility Criteria

The basic eligibility criteria for Personal Loan for a salaried person from  Fullerton India, are

  1. The applicant must be a resident Indian citizen between 21 to 60 years of age and employed by either a private limited company or public sector undertaking. 
  2. The minimum salary for a personal loan for salaried individuals is INR 25,000 per Month (for residents of Mumbai and Delhi) or INR 20,000 per Month (for all other locations).
  3. Availability of all documents
  4. Experience of at least 1-2 years at the current organisation
  5. Cash salary applicants will not be considered
  6. The minimum CIBIL Score requirement is 750* 

Personal Loan Eligibility Calculator

The personal loan eligibility calculator on the Fullerton India website makes the calculation of your eligibility for the loan simple and available at your fingertips. This calculator lets you input the decision criterion based on which the loan will be given which are: location, your monthly salary, your existing monthly obligations, the interest rate at which you will borrow the loan between 11.99 and 36%  and the tenure you prefer for the loan between 12 and 60 months. On entering these details – the calculator will give the amount of loan that you are eligible for. Please note that the interest rate offered to you will be based on your individual profile and Fullerton India’s policy at the time of loan application. Apart from this, your eligibility will also depend on other factors such as work experience, credit score, bank account statements, etc.

If you are in the need for funds it is a good idea to log onto the site and use the personal loan eligibility calculator to decide whether or not to take a personal loan to meet your commitments without stress. In cases of online applications, the documents required for a personal loan are also minimal and would include a filled and signed application form, your Proof of Identity, Proof of address, Proof of age, Salary slips for the last three months (for salaried) and Bank statement for the last six months.

A Personal loan is taken when you require, for an amount that you have the capability to pay back not only takes the financial stress of the moment off you but when you pay it back responsibly and on time, you also build a good credit score for the future.

Fullerton Personal Loan Overview   Check Your Eligibility  

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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