Personal Loan in Dehradun

Dehradun is one of the most populated cities in North India and is the gateway to the Himalayas for many across the country. As the capital of Uttarakhand, Dehradun is an upcoming IT hub with the establishment of a number of software and technology parts. 

The city will be completely transformed as it is predicted to be home to multiple projects worth around ₹18,000 crores in Uttarakhand, including the Delhi-Dehradun Economic Corridor. No doubt, this will lead to a number of commercial activities coming up in this region. 

Moreover, Dehradun is on the cusp of becoming a smart city in the next few years with a growing population of families residing permanently in and around Dehradun. Needless to say, the rising needs and aspirations of the people due to the strong economic landscape have led to an increase in demand for personal loans in Dehradun.  

To fulfil this demand, Fullerton India, one of India’s leading NBFCs, is offering personal loans to individuals and businesses located in Dehradun at affordable rates of interest. Additionally, with easy personal loan eligibility and little or no documentation, one can conveniently process the online. 

Fullerton India’s Personal Loan Eligibility Criteria:

Be it for a wedding, higher education or a world tour, Fullerton India’s personal loans can be used to meet a diverse range of life goals. Simply check your eligibility criteria to ascertain if you qualify to make an application. 

This includes:

• You must be a citizen of India
• You must be between 21 and 60 years of age
• You must be a salaried employee in a public sector enterprise or registered private limited company or be self-employed
• If you are a salaried individual residing in Dehradun, then you must have a monthly minimum income of Rs. 20,000 with a minimum work experience of 1 year, and at least 6 months in the current organisation. 
• If you are self-employed or own a business, you will need to provide evidence of minimum yearly profit after tax deduction. The minimum amount will vary depending on industry and profession. 

On the other hand, Fullerton India offers the use of their Personal Loan Eligibility Calculator to get a more accurate assessment on the fulfilment of the eligibility parameters required for a personal loan application. The calculator is a free tool and is available on the lender’s website. 

Fullerton India’s Required Documentation:

Fullerton India personal loans are hassle-free and require little or no documentation. Here is a one-point reference list:

1. The loan application form – filled and signed
2. Any one proof of identity - Voter ID, Passport, Aadhar Card, PAN Card, etc.
3. Any one proof of address - Passport, Aadhar Card, Voter ID, Bank Passbook or Statement, Rent Agreement, Utility Bill, etc.
4. Any one proof of age - Passport, Voter ID, Aadhar Card, School or College Admit Card, etc.
5. Salary slips for three months, form 16 and income tax returns for salaried individuals
6. Bank statements for six months for both salaried and self-employed individuals
7. Proof of income for self-employed individuals or businesses can be established through financial statements

In addition to uploading the soft copies of the required documents, you can also check your monthly instalment amount using Fullerton India’s Personal EMI Calculator. This will help you to plan your monthly financial outlay much better.

Fullerton India’s Interest Rates:

Personal loan rates offered by Fullerton India start from 11.99%. This can be availed by salaried and self-employed residents in Dehradun. The final rate of interest will be decided by taking into consideration the applicant’s current financial obligations, credit history, loan amount requested, and the tenure of repayment opted for.

Applicants will be liable to pay a 3% processing fee on the personal loan at Fullerton India. Repayment tenures are flexible ranging from a period of 12 to 60 months. However, borrowers have the option to pre-close the loan in which a prepayment charge ranging between 0% to 7% may be levied.

How to Apply for Personal Loan?

Fullerton India offers a completely contactless personal loan application process for prospective borrowers in Dehradun. All you need to do is to navigate to the official website and fill up the application form for Personal Loans. Follow it by submitting the soft copies of the required personal loan documents online.

Generally, a customer service representative will get in touch with you on receipt of the application and your documents. The agent will be able to take you through any pending or future processes required for Fullerton India to sanction your personal loan.

Alternatively, you can always reach out to the Fullerton India customer support team on the toll free number 1800 103 6001 or email us at [email protected].

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