Primarily Chandigarh and by extension Punjab is known as the agricultural capital of the country. However, it is quickly becoming one of the fastest developing smart cities in India and boasts of a burgeoning upper-middle-class population.
Thus, if you are a salaried or a self-employed individual and are looking for a personal loan in Chandigarh, you have come to the right place. Fullerton India offers personal loans customised to the needs of every individual.
With a personal loan from Fullerton India of up to Rs. 25 lakhs, residents of Chandigarh can now fund weddings, medical bills, home renovations, higher education or even consolidate debt.
Here is a list of the basic eligibility criteria to apply for a personal loan at Fullerton India:
You can also determine your eligibility by using the Personal Loan Eligibility Calculator on the Fullerton India website.
If you meet these criteria, the next step involves providing the documents to verify the information that you initially submitted. Here is a list for your reference.
The minimum salary requirement is Rs, 20,000 per month to get a personal loan for salaried individuals in all locations of India where we are present except for Mumbai and Delhi (for residents of Mumbai & Delhi, minimum salary should be Rs. 25,000).
Personal loan interest rates at Fullerton India starts at 12.99%* applicable for both salaried and self-employed professionals. However, the interest rate can vary for up to 36%. It largely depends on the amount of loan requested, the tenure selected your profile and credit history, and your current financial status.
There is also a processing fee component which can be up to 3% of the loan amount. Typically, Fullerton India offers loans with a repayment period of anywhere between 12 and 60 months. If you intend to foreclose the loan, a prepayment charge may be applicable ranging between 0% to 7%. Please visit our personal loan interest rates page to know more.
There are two ways of loan application at Fullerton India – online or submitting a hardcopy application at your nearest Fullerton India office.
Follow these steps to make your application online:
A customer service representative will get in touch with you on receipt of the application and your documents.
If you choose a personal touch, you can submit the application form along with copies of your documents at a branch office. Our team will be happy to guide you with any query or issue.
Alternatively, you can always reach out to the customer support team on our toll-free number 1800 103 6001 (from 10:00 AM to 7:00 PM on all days except Sundays and public holidays) or email us at [email protected]
You can take our personal loan for a variety of reasons.