Personal Loan Eligibility

Some basic instant personal loan eligibility criteria are as follows:
- You must be a residing citizen of India.
- You must be an employee of a private limited company or public sector undertaking (including central, state, and local bodies).
- You must be between the age of 21 and 60 years.

The eligibility criteria for a personal loan with Fullerton India also depends on various criteria such as age, location, monthly income (for salaried individuals) or yearly profit after tax (for self employed individuals), income proof, bank statements, CIBIL score, and existing monthly obligation including credit card EMIs. 

To be eligibile for a personal loan from Fullerton India, you should have a minimum income of ` 20,000 per month. However, if you are working in Mumbai or Delhi, you would need a minimum income of ` 25,000 per month. For more details, please feel free to contact us.

You can choose a flexible tenure for your Fullerton India personal loans between 12 and 60 months. Thus, the maximum tenure for a personal loan from Fullerton India is 60 months, and minimum tenure is 12 months.

At Fullerton India, the personal loan amount which each customer can be eligible for depends on a variety of factors, including the company's policy at the time of loan application. For instance, you can get a personal loan amount of up to ` 25 lakhs*. However, if you are a doctor, you can get up to ` 30 lakhs*. For self-employed individuals, we offer collateral free personal loans of up to ` 10 lakhs*. Your unique requirements are special to us, and so to know the maximum amount you can be eligible for, we encourage you to contact us at the earliest.

If you do not have a CIBIL score and it is “NH” or “-1” because you don’t have a credit history, you can still apply with Fullerton India for a personal loan – just click on the “Apply now” button on this page to begin your online application journey.

Applicants who already have a credit history should have a minimum CIBIL score of 750 to avail a personal loan from Fullerton India.

The personal loan limit depends on your monthly salary and existing financial obligations (EMIs). Your monthly income (after deduction of taxes) and financial obligations helps us calculate the maximum personal loan amount we can provide to you. We also take into account the interest rate applicable and tenure when calculating the personal loan amount you can get on your salary. To know more, please also see our personal loan eligibility calculator.

The personal loan age limit is 21 years to 60 years. This means that you should be at least 21 years of age at the time of loan application, and a maximum of 65 years of age at the time of loan maturity If you meet the personal loan criteria for applicant’s age, along with that for income, repayment capacity, credit score, documents, and others, then there is a high chance of your application getting approved. You can apply for the loan either online on our website or get-in-touch with us at the nearest branch office.

• At Fullerton India, one of the main criteria is that you must be a resident Indian, and to avail a personal loan, a salaried employee should earn a minimum net monthly salary. The exact amount depends on your place of residence.
• If you are a resident of Mumbai or Delhi, your minimum net salary should be at least ` 25,000; and if you are a resident of any other location in India, the minimum net salary is ` 20,000.
• Please note that the personal loan limit will be also be determined based on your repayment capacity, which means monthly obligations will also be taken into account.
• Additionally, you should be at least 21 years of age at the time of loan application, and a maximum of 65 years of age at the time of loan maturity.
• You must be an employee of a private limited company or public sector undertaking. You must also have all the required documents for a personal loan.