Fullerton Personal Loan

Personal loans are given to meet the personal needs and aspirations of people. Fullerton Personal loan is easily given by many banks and Non-Banking Financial Companies to individuals without any collateral or guarantee. Personal loans are usually unsecured loans that can range anything between Rs.50000 to Rs.200000 and are given to meet their personal needs. It is provided on the basis few basic criteria like an individual’s income level, repayment capacity, credit and employment history and place of residence.

Why Fullerton Personal Loan

  • Firstly, reasonable Interest  Rates.
  • After that, the applicant can avail a loan up to 30 Lakhs
  • Further most no cosigner required.
  • Besides that, no need to mortgage any collateral/security.
  • Along with, it is a multipurpose loan, can be used in any financial crises.

Interest Rates of Personal Loans

Interest rates of Fullerton Personal loan are lying between 20-49% PA.

Eligibility of Fullerton Personal Loan

It is based on which bank has to approve the request of the applicant regarding the credit there are two categories of the applicants:



There are various eligibility criteria for both applicants

Salaried Applicants

  • Firstly the age of the customer should at least 21 or above.
  • The second thing is the salary of an applicant must have 18000 or more.
  • After that, 650 CIBIL scores is required to get the loan.
  • Further, most the applicant will get a loan from his/her nearest branch only.
  • Lastly, ITR (Income Tax Return) is mandatory for the last 2 years.

Self-Employed Applicants

  • Firstly, under self-employed age, criteria must be 21 or above.
  • After that, ITR (Income Tax Return) is required for the last 3 years.
  • After that, the business should have been working for the last 3 years.
  • Moreover, the customer has a good credit score, no dues should be outstanding.
  • Besides that, 5lacs annual income is needed.
  • Lastly, the Bank statement of the previous 3 months is needed.

Documents for  Personal Loan

It includes 2 categories

1.)    Salaried

2.)    Self Employed


  • Firstly, Id proof ( Driving License, Passport, PAN card, Aadhar card, Voter card)
  • Further most, Residence Proof (Passport, Driving License, Aadhar card, Ration card)
  • Although, Photo ID proof (Passport, Aadhar card, Driving License) any 1 of them
  • Besides that, Latest Bank account statement of 3 months.
  • Also, Salary slip of the previous 3 months.
  • In addition to this, 2 colored passport size snap.
  • Employment certification.

Self Employed

  • ID proof (Voter card, Aadhar card, pan card, Passport, Driving License, Passport)
  • ITR is required for the previous 3 years.
  • A business should be registered and working for at least 3 years.
  • Proof of Ownership (bill of purchases, sales).
  • Form 16

Tenure of Fullerton Personal Loan

Loan tenure would be fall between  1 year to 5years.

Processing fees

6.5% of the Loan amount

Foreclosure Charges

  • Within 7 months- 17 months :7%
  • Within 18 months- 23 months: 5%
  • Within 24 month- 35 month: 3%
  • After 36 months, the interest rate will be 0

About Fullerton

It is a nonbanking financial company (NBFC), head office in Mumbai Maharashtra. The company offers many types of loan like Personal Loan, Home Loan, Car Loan, Gold Loan, and Loan against Property.