Fullerton India Personal loan

Personal Loan at 1%* p.m.

Apply & Get Instant Approval

Fullerton India Personal Loan Features

Eligibility Criteria Details
Fullerton India Personal Loan Interest Rate 9.75% p.a.
Lowest EMI per lakh Rs 2112
Tenure 12 to 60 months
Fullerton India Personal Loan Processing Fee 1% to 2% of Loan Amount
Prepayment Charges Allowed after 12 Months (2 – 4 %)
Part Payment Charges Allowed after 12 Months (2 – 4 %) 
Min Loan Amt ₹ 50,000
Max Loan Amt ₹ 75 Lakh

What is Personal Loan?

A personal loan is an unsecured loan. Banker sees the credit score and credibility of the applicant, and the loan is sanctioned if they qualify with all the requirements. The only factor involved with such loans are that whether the applicant can repay the loan along with his paying back intentions. Apply online for Fullerton India Personal Loan on Lowest Interest Rates via magicloans.in

What does Fullerton India offers you?

Salaried employees who are earning a minimum of Rs.20,000 are getting access to super fast loans through our online facility from Fullerton India Personal Loan. You can have access to Loans up to Rs. 30,00,000 and it ranges from a period of 12 months to a maximum of 60 months. You don’t  have to shift from bank to bank, while our representatives will look after your status and provide you with the best possible service.

With our Online access facility you just have to log in and you will get your approval for your application in just 90 seconds.

Online Account Access:

Using  your loan account number you can just log in and gain access to whichever information you need including relating to your loan. The information which would be covered include:

  1. Repayment track
  2. Interest certificate
  3. Payment schedule etc. through our digital customer portal.

* Interest rate can vary as per the individual’s portfolio.

Fullerton India Personal Loan Eligibility:

For Salaried Individuals

Criteria*

Salaried

Age

22 years – 65 years.

Salaried individuals with minimum monthly income Rs.15,000 (Rs.20,000 for applicants residing in Mumbai & Delhi; Rs.18,000 for applicants residing in Chennai, Hyderabad, Bangalore, Pune & Kolkata; For Others Rs. 12,000)

Total years in job/profession

2 Years

Years in current residence

1 Year (One Day if in a Super A Company)

For Self Employed Individuals

Criteria*

Self Employed

Age

23 years (self-employed individuals) and 25 years (for doctors); Maximum age – 65 years

Minimum Turnover

Rs. 40 lakh for non-professionals; Rs. 15 lac for professionals; as per audited financials

Minimum Profit After Tax

Rs. 2 lac for Proprietorship Firm/Self-employed Individuals and Rs. 1 lac for non-professionals as per audited financials

Business Stability

In current business for at least 5 years and a minimum of 3 years for doctors

Existing relationship with the bank

Minimum 1-year liability relationship (current or savings account) or Asset relationship (loan) either live or closed in the last 36 months; repayment track as required

 

Fullerton India Personal loan Interest Rate:

The interest rate at which Fullerton India Personal Loan starts providing with 11.99% to a maximum of 23.99%.

Documentation necessary for Fullerton Personal Loan:

Finance statements which are required are:

  1. Firstly, the Salary slips of last three months are needed, along with bank statements for the previous six months are also required.
  2. Then, the latest three-month salary slip bank account is also required.

Employment, Identity and age Proof:

  1. The employee ID card and visiting card.
  2. Work experience.
  3. Current employment.
  4. Appointment letter / Form 16 /1-year-old salary slip.
  5. Previous employment.
  6. Appointment letter / Form 16 / Promotion letters/ transfer / confirmation. letters / previous salary slip.
  7. KYC should also be done.
  8. The applicant should be aged between 21 to 58 years old. If they are not they would not be accessible to personal loan.

Why Magicloans.in is an excellent platform to apply for a loan?

Here, we are to provide you with the loans and here we are to offer loans and tell you why Magicloans.in is better than other websites.

Magicloans.in here values your time, and thus we provide you loans in a quicker period. There are many perks if you choose us over the other website:

  1. Firstly, you will enjoy many benefits if you decide to take your personal loan from us
  2. After that, you have to fill the personal Loan form, and you will receive a call from our relationship manager.
  3. Besides this, more concessional rates will be provided to you besides all of the other facilities.
  4. And there is no need to go to the bank.
  5. Furthermore, your documents will be picked up from your doorstep.

Features:

  1. Firstly, know your Personal loan eligibility in 1 minute, available online and across all branches.
  2. Then, highly competitive interest rates for personal loans.
  3. Moreover, special offers, interest rates and nominal charges for  account holders.
  4. Lastly, special personal loan offers* for women employees.

Benefits:

  1. First of all, simple documentation
  2. After that, competitive pricing
  3. Besides that, personal loan disbursal is very quick.
  4. Also, transparent procedure
  5. Moreover, personal loans available for Marriage and other Personal Needs.

How to Apply on magicloans.in?

  1. Firstly, you have to look up for magicloans.in on google.
  2. Thereafter, a form will open up and you have to fill up the form with the appropriate information.
  3. Then, you will get more information from us following that.