At Fullerton India, we offer personal loans to facilitate your personal needs and help you with furthering your dreams and aspirations. You can take a personal loan to organise a dream vacation for your family, fund wedding expenses, manage medical emergencies, , to repay another loan and for many other reasons. Fullerton India’s process for personal loans is simple, completely digital, and involves quick decisioning so as to meet your requirements on time.
Here you can check personal loan eligibility in detail.
The interest rates offered by Fullerton India vary based on the borrower's creditworthiness, amount and tenure of the loan and other factors. It ranges from 12.99% - 36%*. Along with interest rates, there is a processing fee for a personal loan. To know more, please visit personal loan interest rates page.
EMI calculators help to calculate the monthly EMI to be paid on the loan. This calculation depends on the total loan amount, interest rate and tenure.
You may use personal loan EMI calculator for instant calculation.
At Fullerton India, you can apply for a personal loan online or offline. Walk into our nearest branch office for a free consultation and guidance on the ideal funding option for your needs. Or, you may choose to apply online on our website and get instant approval for funds. Remember to keep a soft-copy of all the documents required for personal loan ready for upload in case of an online application.
Fullerton will process the personal loan application. Then a representative will be assigned to you who further take care of the procedure. Once after theverification of documents, the loan will be granted. Compared to other types of loans, the personal loan approval process is quite easy as long as the documents are valid.
You can take our personal loan for a variety of reasons.
A self employed personal loan is a specially designed personal finance product exclusively for self employed customers. You could be a professional (such as a doctor, a chartered accountant or a consultant) with your own registered practice, or could operate as an independent contractor.
Fullerton India offers unsecured self employed personal loans up to INR 10 lakhs. However, the amount may vary depending on your individual profile and the company's policy at the time of loan application. To know more, apply now or contact us today
To get a personal loan, proof of income documents such as audited financial statements, income tax returns, form 16, etc are necessary, as well as your bank statements. However, to get a personal loan without proof of income, you can choose to apply with a family member who has income proof. However, please note that in such cases, the loan will be in the name of the person who has income proofs, and the same person will be help responsible for making the repayment.
If you are self employed, you can apply for an instant personal loan online with Fullerton India by clicking Apply Now. Alternately, you can also speak with a customer care representative, download our mobile app, or visit your nearest Fullerton India branch.
Personal loan eligibility for self employed customers will depend on factors such as
1. Yearly profit after taxes
2. Existing monthly obligation (including credit card debt),
3. Your financial position (based on bank statements)
4. Creditworthiness (determined by CIBIL score)
7. Fullerton India's policy at the time of loan application.
To know more, please contact us for a telephonic conversation with a Fullerton India representative, or visit your nearest Fullerton India branch.
For self employed customers, the minimum tenure of a personal loan is 12 months, and the maximum tenure is 60 months. You can enjoy the benefits of our flexible repayment scheme to choose a loan tenure between 12 & 60 months that suits your requirements
"For a self employed personal loan online -
1. Apply Online
2. You will be asked to enter certain information pertaining to your personal information (including address), the nature of your business, income statements of the past 2 years, total no. of years in operation, PAN number, etc.
3. You will also be asked to upload supporting documents.
4. After your application is complete, various parameters will be checked with the organisation's policies at the time of loan application.
5. You will then be informed whether or not you are eligible for a Fullerton India personal loan.
If you are eligible, your documents will be checked for authenticity. If all checks are completed successfully, your loan will get approved. At any point, if you face any difficulty, you can call us and get assistance from a representative of Fullerton India."
Self employed customers can get unsecured personal loans from Fullerton India of upto INR 10 lakhs. However, the amount may go up to even INR 30 lakhs if you are a self employed professional and match certain criteria.