Fullerton India Personal Loan for Diwali

Make Your Home Festive Ready with Fullerton Personal Loan

✓Minimal Documentation ✓Collateral Free Loans ✓Instant Loan Disbursal | Apply for Personal Loan Now!

12 Nov 2020
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With the start of the festive season, most people plan on decorating and renovating their homes. Getting a loan during the festive season is quite common, given that most people find it auspicious to purchase a new home, vehicle or buy gold during this time. Numerous banks and financial institutions offer home loans, personal loans, car loans at attractive rates. Loans during the festive season are provided at lower interest rates and processing fee and the processing time is a lot quicker during the festive season. Fullerton India personal loan serves multiple financial requirements and can be availed by both salaried and self-employed individuals. Fullerton personal loans offer affordable interest rates starting from 12%. You can borrow an instant personal loan of up to Rs. 25 lakhs, with flexible repayment tenures of up to 60 months.

Personal Loan for Festive Season

With the personal loan funds, you can make the most of the seasonal deals on home renovation, purchasing new furniture, home appliances and more to give the home a festive touch. Even if you plan on doing major renovations and require a higher loan amount you can opt for a long tenor, This way, the repayments will get span, you can get a Flexi loan facility. When you get a Fullerton Personal loan, you can avail a loan amount of up to Rs. 25 lakhs at low-interest rates. The repayment tenure on loan is quite flexible, the funds can be used for expenses during the festive season.

Loan Eligibility Criteria

Every bank and lending institution has set eligibility criteria for getting a loan. The lenders run a check through the applicant's credit history and other factors like age, income, work experience, etc. Let's have a look at the basic loan eligibility criteria for Fullerton Personal Loan

  • The applicant must be an Indian citizen to be eligible for a loan
  • You must be employed at a private limited company or public sector undertaking or a self-employed individual
  • The applicant needs to be between the ages of 21 and 60 years of age
  • For Salaried Individuals:

Rs. 25,000/Month for Mumbai or Delhi resident

Rs. 20,000/Month if residing anywhere in India

  • For Self Employed Individuals the minimum yearly profit after tax set based on the profession/industry

Documents Required for Personal Loan

The following are a list of primary documents required for a Personal Loan.

  • Duly filled and signed loan application form
  • Proof of identity such as Aadhar, PAN Card, Voter’s ID, etc.
  • Proof of address such as Aadhar, Passport, Electricity bill, etc.
  • Documents for proof of age
  • For Salaried individuals, a salary slip for the last three months is required
  • Bank account statement for the previous six months
  • ITR (Income Tax Return) or Form 16
  • For self-employed individuals proof of Income / financial statements

Personal Loan Disbursal

Instant Financing is the key to get your home festival-ready. To get faster loan approval, you need to ensure you fulfil the eligibility criteria and submit the required KYC and financial documents. By getting a Bajaj Finserv Personal Loan at Finserv MARKETS you can get the loan amount disbursed within 24-hours. You also get pre-approved offers for instant financing that can be quite convenient during the festive season. Once the loan agreement gets finalized and you are then free to use the loan amount for multiple purposes like bill payments, buying a home, purchase new appliances, home renovation etc.

Impact of CIBIL Score

CIBIL Score is one of the most commonly used scores to determine an individual's eligibility for a personal loan. Your credit score reflects your creditworthiness, based on your borrowing and loan repayment history. CIBIL score ranges from 300 to 900 and the higher your score, the better are your chances of getting your loan application approved.

Tips To Get Your Loan Approved

  • Ensure that you're able to meet the basic loan eligibility criteria set by the lenders.
  • Lenders approve loans and offer attractive interest rates to applicants with a good credit score.
  • For a personal loan, you can apply with a bank or a loan at Finserv MARKETS and get attractive interest rates on the loan amount.
  • Make sure you have all the required personal loan documents as lenders are bound to check the information provided.
  • Apply for a loan amount that is within your repayment capability, or you can result in rejection of the loan application.
  • You must have a steady and stable source of income to prove your ability to repay the loan on time.

By opting for a personal loan, you can finance big purchases and take care of all the expenses of the festive season. Furthermore, when you avail Fullerton Personal loan, you can enjoy additional benefits such as pre-approved offers, online account access, and a flexible loan repayment tenor. Fullerton India personal loan has a quick and easy online loan application process, with minimal paperwork required. Fullerton India offers up to Rs. 25 lakhs loan amount at competitive interest rates starting at 11.99%*. The repayment tenure on loans is between 12 to 60 months. On approval of the personal loan, the funds get disbursed in your bank account within 24 hours! With the help of a Fullerton India personal loan calculator, you can accurately calculate the EMI amount and apply for an instant personal loan online with ease.

“Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we work towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.”