Fullerton India Personal Loan is designed to help you meet your financial requirements. The eligibility criteria are simple and you can easily apply for the loans by fulfilling all the criteria. Your dreams need not wait anymore. Apply for a Fullerton Personal Loan on Bajaj Markets today!
There are a variety of Personal Loans all curated to meet the requirements of particular applicant types and purposes. Here are the following:
Salaried applicants can apply for Personal loan for Salaried and meet their personal and financial requirements like marriage, travel, education, debt-consolidation and much more.
With Fullerton Personal Loan for Students, you can cover all the academic expenses of your children and give them the best education possible, without having to compromise on anything.
With Personal Loan for Pensioners, you can meet your financial requirements without having to wait for your pension.
To help women become more financially independent, Fullerton Personal Loan comes with special offers and benefits for women, so that they can make most of the Personal loan.
At Bajaj Markets, you can avail a Fullerton Personal Loan of up to Rs. 25 Lakhs. You just need to fulfill some eligibility criteria and you are done. Following are the eligibility criteria that need to be met:
Age is one of the major factors that determine one’s eligibility when applying for a personal loan. Applicants who are in their mid-twenties and thirties have an upper hand, as they can choose a longer repayment tenure while middle-aged and old-age people stand a lesser chance and the rate of interest can be high.
Your income plays a vital role in the determination of interest rate on the Fullerton Personal Loan. A stable source of income indicates that you would repay the EMIs on time. As a result, you can get a loan at attractive interest rates
Employees who work in private or public sector enterprises are eligible for Fullerton Personal Loan. Having a secure job in a reputed organization with a stable source of income gives the lender the assurance that you will default on EMI payments.
Having suitable work experience also indicates a steady source of income, which enhances your chances of getting the loan.
A Credit Score above 700 and preferably above 750 is recommended by Fullerton India to avail attractive Personal Loans. So, have a good repayment history, pay all your dues and credit card bills on time, and avoid any outstanding liabilities.
This is the most efficient way of getting a Personal Loan as it will help you in the future. CIBIL Score above 700 increases your chances of getting a Personal loan. Have a good repayment history, pay all your dues and credit card bills on time, and avoid any outstanding liabilities and your CIBIL score is surely going to enhance.
This is a prudent step before applying for a Personal Loan. Take into consideration your repayment capacity, how much EMI you can pay per month, and then decide a suitable loan amount. Never choose a loan amount that you cannot afford to pay back as it will only increase your troubles.
When you want to apply for a loan, it is obvious that you will approach multiple lenders together to check for the best personal loan. However, every lender can check your credit score and this hard inquiry can prove detrimental to approval chances of a personal loan application. So always compare loan amounts and interest rates across banks/NBFCs, choose your suitable lender, and then proceed to apply for the loan.
Here are some general details on Fullerton Personal Loan:
Interest Rates |
12% p.a. - 36% p.a. * |
Loan Amount |
Up to Rs.25 Lakhs |
Loan Tenure |
Up to 60 months |
Processing Fees |
Up to 6% of the loan amount |
* The charges are subject to policy changes of Fullerton India.
The eligibility criteria to avail Fullerton Personal Loan is as follows:
You must be a salaried employee with a private company or public sector enterprise
The net monthly income must be Rs. 25,000 per month if residing in Mumbai or Delhi, and Rs. 20,000 per month in staying elsewhere in India.
You should have a minimum experience of 1 year with a minimum experience of 6 months in the current organization.
Certainly yes. CIBIL Score of above 750 will enhance your chances of getting a Personal Loan.
Since Fullerton personal Loan is an unsecured loan, you do not need a guarantor.