When you want to take a personal loan, it has multiple usages. Whether you wanted to go on a holiday or needed it for something. If you are on a lookout for a persona loan lender, then there is nothing better than Fullerton Personal loan.
It is easily available for salaried individuals and self-employed professionals. For an unforeseen expense, it is a perfect backup for you. So, here we will give you every information regarding Fullerton Instant personal loan 2020. Now, let's get started.
Fullerton Instant personal loan 2020
As we have already told you, You can use the personal loan as per your need. Fullerton gives you complete freedom regarding it. We will begin by giving you the basic details.
Fullerton offers a personal loan up to Rs 25 Lakh. If you are self- employed, it goes up to Rs 30 Lakhs.
Fullerton Personal loan interest rate in 2020 begins from 12.99%, up to 36%.
The processing fee is from 0.5% to 6.5% of the loan amount.
The loan tenure ranges from 12 Months to 60 Months.
Fullerton Personal loan Eligibility Criteria
The applicant age should be between 21 Years to 60 Years.
The applicant should be an employee of a Central, state, or private company.
The applicant minimum salary should be at least Rs 15,000. Rs 20,000 If the applicant is living in a metro city.
The applicant should have a minimum of 2 years of work experience.
What are the features of Fullerton's personal loan?
These are the features which make the Fullerton a perfect personal loan lender for you.
The high quantum of loan.
The attractive loan of interest.
The hassle-free and minimal documentation process.
The loan amount is disbursed quickly.
Documents required for Fullerton Personal loan
These are the documents you will need to submit when you apply for an instant personal loan.
Application Form filled and signed.
Identity proof ( Aadhar Card, Passport, Voter ID )
Residence proof ( Rent Agreement, Electricity Bill for the last 3 months later)
Proof of Income( Salary slip, Bank statement for the last 3 months and ITR for the last 2 year)
Processing fee cheque
Audited Balance sheet for the last 2 years
Fullerton EMI calculator
Before you finally apply, you want to know the monthly EMI. To calculate, you can use the Fullerton EMI Calculator. Enter the loan amount, rate of interest, and loan tenure to check the monthly EMI.
How to apply?
First, go to the google play store, download the fullerton app.
Sign up on the app. You can register with your mobile number.
First, check your eligibility.
Once you have checked the eligibility, finally apply.
Fill the application, upload the required documents.
Once you submit the form, a representative from Fullerton will contact you to verify the details.
After verifying the details, the loan amount will get directly disbursed in your bank account.