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Personal Loans

We're here to partner you in making every life goal, a reality

Nearly 3 million Indians from all over the country, and all walks of life, trust Fullerton India as their partner to fulfil a host of needs. In all of these partnerships, we have promised and delivered the best value for money, with transparency and simplicity.

We believe that when your needs are met, you are motivated to move ahead in life with passion and confidence. We strive to make your journey fruitful at every step with tailor-made solutions, and the simplest process. We believe in your every dream, and are here to help you realise it without any stress. So whether it is renovating your home, financing your wedding, paying for medical emergencies, or any other personal needs, we are here to partner you with the best in value, service and technology. Fullerton India’s instant personal loan offers complete flexibility so that you can focus more on achieving your life goals, and stress less about the money you need for it.

Like you, we too, believe in complete transparency. Our procedures make sure that you know exactly how much and what you are paying for. We are available on phone, email, and chat to get you started and be in touch all through the way.

The needs of our customers and our core values are at the heart of all our solutions. We are always listening to understand and serve you better. With empathy and data, we build unique offerings that are most relevant to your changing needs. We are committed to meeting the highest standards of security and privacy with Fullerton India personal loans.

Ready to apply for an instant personal loan online? Join the millions of people who have successfully achieved their financial goals with Fullerton India.

Advantages of Personal loan

Fullerton India’s personal loans with a personal touch!

Finding the perfect personal loan for you is the first, most important step. We at Fullerton India, work tirelessly to exceed your expectations, and simplify all that you need to know. Whether you are looking at managing debt or dealing with an unexpected expense, we are right there when you need a timely solution. With simple and convenient processes, you can apply for an instant personal loan online.

Personal Loans from Fullerton India come with several benefits and features, including minimal documentation, flexible repayment, quick disbursals, and maximum value for money.

Personal loans up to `25 Lakh* - an instant solution to help you plan for expected and unexpected expenses

Flexible and Attractive Interest Rates - We take the time to understand, listen and suggest the best loan option for you. We offer customised personal loan interest rates* and fixed monthly payments based on your requirement.

Hassle-free documentation process - Instant and paperless procedure with friendly advisors at every step of the way

Quick disbursal - Instant personal loan online within 30 minutes* of approval

Additional benefits for existing customers - Experience a host of special benefits and facilities with Fullerton India personal loans such as easy top-up*, digital query servicing and flexible repayment tenures up to 60 months.

For whatever lies ahead, we are right behind you!
* Terms and conditions apply

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FAQs

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Interest rates

Eligibility Criteria

Personal Loan EMI Calculator

Documentation

General

What is a Personal Loan?

A personal loan is a loan that is taken by a customer from a lending institution like a bank or an NBFC without offering any guarantee or collateral. The customer is free to use this amount for any purpose - like financing a dream holiday, organising wedding expenses, for medical emergencies, and so on. An interest is charged on the loan amount (or principal), and the customer needs to repay the lender the principal amount, the interest amount as well as processing fees as applicable. The customer can do so in equal, pre-determined amounts paid monthly (also known as EMI) over a period of 12 - 60 months (or loan tenure).

How can I apply for a Personal Loan?

You can apply for an instant personal loan online with Fullerton India by clicking the "Apply Now" button on the top left corner. If you prefer a personal touch, please feel free to walk into any of our branches - our team would be happy to assist you.

How can I get a Personal loan instantly?

To get a personal loan instantly from Fullerton India, please click on the "Apply now" button on the top left corner. This will take you to a page in which you will be asked to enter your information as well as upload documents like PAN card, income proof, etc. On completion of this form, you will be given an instant approval online, after which a customer service representative will get in touch with you. Subject to availability of documents as well as company policy at the time of loan application, if your application gets approved, you can get the approved funds in your bank account within 24 hours.

How can I get approved for a Personal Loan?

Personal Loan approval depends on how well you fit within certain pre-defined criteria. This includes details like a valid PAN card, CIBIL score, location, monthly income (for salaried customers) or yearly profit after tax (for self employed customers) and existing monthly obligations (including existing credit card EMIs). For more details, please visit our personal loan eligibility page. To know the personal loan amount you are eligibile for, please try our free personal loan eligibility calculator

Why should you choose Fullerton India Personal Loan?

"At Fullerton India, we value the dreams of each and every customer. We understand your needs, and strive towards providing you with the best possible solution that is tailored to your unique situation. Choose Fullerton India Personal Loan for

1. Instant online approval
2. Competitive Interest rates starting at 12.99%
3. Flexible repayment tenure between 12 - 60 months
4. Hassle free process
5. Minimal documentation"

Can I foreclose or prepay my Personal Loan?

Yes, you may repay your personal loan amount at any point in time during the loan tenure by following the process below. Please note that foreclosure will be subject to foreclosure fees and charges.

1. You can place a formal foreclosure request by speaking with our customer service representative via phone or at a branch, email, or by raising a request through customer service portal / mobile app.
2. After your request is received, you will be given an estimated date by which you will be given a foreclosure ID.
3. After receiving the foreclosure ID, you can visit the nearest Fullerton India branch for making the payment.
4. This completes the process. You will be given an acknowledgement of the payment and foreclosure after this.

What are the advantages of being an existing customer with Fullerton India?

As an existing customer, you will receive additional benefits on the processing period and interest rates. You will also be eligible for a pre-qualified top-up loan on the outstanding principal amount*. Please get in touch with our customer care or drop in to our nearest branch to know more.

What are the advantages of a personal loan over a ‘cash advance’ on a credit card?

While you can use your credit card to withdraw cash, the interest rates on the withdrawal can be considerably higher. These rates can reach up to 40 percent on an annual basis depending on the type of credit card you have. You will also need to pay for transaction charges levied on withdrawals from ATMs. An instant personal loan from Fullerton India is an affordable option that comes with flexible repayment timelines to ensure that the costs are minimal. Overall, personal loans ensure a predictable and fixed repayment plan and are beneficial tools for availing credit.

Interest rates

What is a good interest rate on a personal loan?

Fullerton India offers competitively priced personal loans to suit every customer’s needs. The personal loan interest rate is calculated based on several factors including your income source, employment or business stability, and existing monthly obligations. Our personal loan interest rates usually range between 12.99 - 40%, depending on your unique profile that gets generated after factoring in the aforementioned details.

To know more, please check the Interest Rates section. You can also get in touch with a customer care representative or email us at [email protected] to know more.

What are the foreclosure charges for Personal Loan?

"The personal loan foreclosure charges with Fullerton India are as follows:
- Foreclosure within 6 months from the agreement date is not allowed for self employed or salaried customers.
- Foreclosure within 7 to 17 months from the agreement date will be charged at 7.00% for both salaried and self employed customers
- Foreclosure within 18 to 23 months from the agreement date will be charged at 5.00% for both salaried and self employed customers
- Foreclosure within 24 to 35 months from the agreement date will be charged at 3.00% for both salaried and self employed customers
-Foreclosure after 36 months from the agreement date will not be charged for both salaried and self employed customers.
To know more about the foreclosure charges for Personal Loan with Fullerton India, please visit our Interest Rates section and refer to the table named "Fees and Charges"

At what rate of interest will I get a personal loan?

"Fullerton India offers competitively priced personal loans to suit every customer’s needs. The personal loan interest rate is calculated based on several factors including your income source, employment or business stability, and existing monthly obligations.

To know more, please check the Interest Rates section. You can also get in touch with a customer care representative or email us at [email protected] to know more."

Eligibility Criteria

How much personal loan can I get?

With Fullerton India, you can get a personal loan amount of upto `25 lakhs*

What is the eligibility criteria for Personal Loan?

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. For more details, please visit our personal loan eligibility criteria page

What is the minimum salary to get Personal Loan?

To be eligibile for a personal loan from Fullerton India, you should have a minimum income of INR 15,000 per month. However, if you are working in Mumbai or Delhi, you would need a minimum income of INR 20,000 per month. For more details, please feel free to contact us.

What is the maximum personal loan i can get?

At Fullerton India, the personal loan amount which each customer can be eligibile 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 upto `25 lakhs*. However, if you are a doctor, you can get upto `30 lakhs*. For self employed individuals, we offer collateral free personal loans of upto INR 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.

How to get personal loan without CIBIL score?

One of the key factors for determining an applicant's eligibility for a personal loan is his creditworthiness. Usually, this information is determined based on CIBIL score, which is recorded for each individual based on past credit history. However, at Fullerton India, we also consider a variety of other factors to determine creditworthiness, and have created tailor made solutions to suit every customer's needs. Contact us today to know more about how you can get a Personal Loan at the best interest rates* and flexible repayment tenure as per your unique profile and needs.

What is the minimum and maximum loan tenure that I can avail?

You can get an instant personal loan online with a repayment tenure between 12 and 60 months.

Personal Loan Calculators

How to calculate EMI for personal loan?

You can use our free personal loan EMI calculator to know your monthly EMI. Additionally, if you would like to get a clearer picture, after you submit the personal loan application, our team will calculate your EMI (Equated Monthly Instalment) on the basis of the loan amount, interest rate, and repayment tenure,

How to calculate personal loan eligibility?

Personal loan eligibility depends on factors like your monthly income (if you are salaried) or yearly profit after tax (if you are self employed), credit worthiness (determined by CIBIL score), existing monthly obligations (including credit cards), and so on. There are also various other factors, such as your age at the time of loan application, your location, and the company's policy at the time of loan application. To know the maximum amount you can be eligible for, you can use our free personal loan eligibility calculator.

What is an EMI?

An Equated Monthly Instalment or EMI is a fixed amount paid to the lender on a specified date every month. The payments are used to cover the interest and principal amount due for the month. By paying these EMIs over a specified number of months, you can pay off your debt in full without an overwhelming impact on your finances.

How much do I need to pay every month?

After you submit the personal loan application, our team will calculate your EMI (Equated Monthly Instalment) on the basis of the loan amount, interest rate, and repayment tenure. You can also use the personal loan EMI calculator on our website to get a better understanding.

Documentation

What are the documents required for a Personal Loan?

Basic documents for personal loan application such as your photograph, PAN copy, address proof, income or salary statements, form 16, etc. are common for all customers. However, personal loan documentation requirements vary with customer profiles. Depending on whether you are salaried or self-employed, you may need to submit different kinds of documents. To know more, please check our “Documentation" page, or contact us via our customer care centre.

You can also apply online for a personal loan, and upload all the required documentation as prompted by the online form.

* Terms and conditions apply
** Subject to foreclosure charges. Terms and conditions applicable.