Personal Loan for Government Employees

Overview

At Fullerton India, we believe in the dreams of each and every individual. Thus, if you are employed by the government of India or a PSU and are looking for a personal loan, you have come to the right place. We have exciting personal loan schemes suitable for government employees to meet all your funding needs, be it for a wedding, travel, medical emergency, higher education of your children, purchase of gadgets, or any other requirements.

• You can borrow up to Rs. 25 lakhs under the facility of personal loan for government employees.
• Attractive rate of interest starting at 11.99%.
• Choose repayment tenures anywhere between 12 months and 60 months as per your convenience.
• Get instant disbursal to your bank account in as less as 30 minutes to 72 hours of the loan approval.

NOTE: Before applying, we recommend checking your loan amount eligibility with our free-of-cost online personal loan eligibility calculator. With the help of this calculator, you can understand the exact amount you can afford to repay in comfortable EMIs.

Eligibility Criteria

Below-mentioned is the eligibility criteria for Fullerton India personal loan:

• You can apply if working for the government at the state level or a local body. We also have a personal loan for central government employees.
• You must be an Indian citizen who is residing in the country.
• You must be between the age of 21 years and 60 years.
• The minimum work experience should be 2 years.
• If you reside in Delhi or Mumbai, your minimum monthly income must be Rs. 25,000.
• If you reside in any other part of India, then your minimum monthly income must be Rs. 20,000.

Required Documents

The documents required for Fullerton personal loan are as follows:

• Filled and signed loan application form
• Proof of address and identity
• Proof of age
• Bank statement of the last 6 months (salary account)
• Proof of income (salary slips of the last 3 months)
• Proof of Income Tax Return or Form 16

How to Apply for a Personal Loan?

Applying for a personal loan for government employees is easy and quick with our online loan application facility.

• On our website, click the ‘Apply Now’ button and follow the steps to apply for the loan, as prompted.
• If you are applying online, we suggest you keep the soft-copy of the necessary documents for upload. These documents include bank statements, salary slips, KYC, etc.
• You can also apply for the personal loan offline by visiting the nearest Fullerton India branch. Here, our customer service representative will take you through the loan application process.