If you are facing any financial crunch, then you can easily resolve the crisis by availing Personal Loan. It is unsecured with minimal documentation and less time-consuming. It can get approved within 48 hours after the verification process is done.

Why should one choose Fullerton India Personal Loan Coimbatore?

  1. It is a loan with no hassles and flexible loan terms and conditions.
  2. It is a Loan with no collateral or asset requirement.
  3. It is instantly and quickly available loan form within 48 hours.
  4. It is a loan that only relies upon the credit score and repayment capacity of the applicant.
  5. It is a loan that can be used for different multiple personal purposes.

Fullerton India Personal Loan India Coimbatore

When a person is applying for the loan, the first thing which comes up in their mind is that if they are eligible for getting a personal loan from any financial institutions. There are some eligibility criteria which are regulated by the banks to get a loan. If a person wants to meet their financial requirements than he must be eligible to do so. Not every person can apply for a personal loan. There are some eligibility criteria on the basis of which the bank provides a personal loan to the applicant.

There are two categories of applicants.

  1. Salaried
  2. Self-employed

There are different criteria for both categories. Let us see both of them one by one.

Salaried Applicant

  1. The minimum age of the applicant should be 21 years and maximum up to 60 years.
  2. If the applicant is residing in a metropolitan city, then they should have a minimum income of Rs 18,000. And if the applicant is from a non-metropolitan city, then they should have a minimum salary of Rs 12,000.
  3. The applicant should have the work experience of the last three years, and the salary should come in their account only.
  4. If an applicant is applying for the personal loan, then they must have a good credit history.
  5. The documentation process is easy; they have to submit their bank statement of the last three months and the salary slip of the previous six months.

Sel-Employed Applicant

  1. The minimum age of the applicant should be 25 years and maximum up to 65 years.
  2. The applicant should file ITR for the last three years.
  3. The credit score of the applicant should be good, and no debt should be left due, and the credit score should be more than 650.
  4. The ITR which the applicant files should be of Rs 2.5 lakhs per annum at least.
  5. And if the applicant is having a business than his business should be running from the last three years.

Salaried People

Parameters

Metro

Tier-2

Tier-3

Tier-4

CitizenShip

Indian

Same as Metro

Same as Metro

Same as Metro

Minimum Age

21 Yrs

Same as Metro

Same as Metro

Same as Metro

Maximum Age

58 / 60 Years at loan maturity

Same as Metro

Same as Metro

Same as Metro

Salary

18,000

12,000

10,000

10,000

Experience

Overall 3 years

Same as Metro

Same as Metro

Same as Metro

Telephone / Mobile

Mandatory

Mandatory

Mandatory

Mandatory

Current Experience

One year

One Year

One Year

One Year

Salary in Cash

Not applicable

Same as Metro

Same as Metro

Same as Metro

 

Self Employed People

Parameters

Metro

Tier-2

Tier-3

Tier-4

Citizenship

Indian

Same as Metro

Same as metro

Same as Metro

Minimum Age

25 /28 Yrs

Same as Metro

Same as metro

Same as Metro

Maximum Age

65 Year at the loan Maturity

Same as Metro

Same as metro

Same as Metro

ITR required

2.5 lakhs - 3.0 Lakh

Same as Metro

Same as metro

Same as Metro

Residence

Office or Home should be Owned

Same as Metro

Same as metro

Same as Metro

Telephone / Mobile

Mandatory

Mandatory

Mandatory

Mandatory

Business Stability

Business Should be running from last 3 years

Same as Metro

Same As metro

Same as Metro

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fullerton India Personal Loan Coimbatore Documents

When the applicant applies for the personal loan after that, they have to submit some of the documents. These are:

  1. The applicant has to submit their identity proof which includes Aadhaar Card, Passport, Voter Card, Driving License.
  2. They have to submit residence proof which includes Updated passbook, Aadhaar Card, Passport, Voter Card, Ration Card. And if the applicant is living in a rented apartment, then they have to submit their rental agreement, electricity & water bill which has to be in the name of the applicant and the address of the owner.
  3. They have to submit their PAN card which is an essential document under the KYC formality.
  4. If the applicant is a salaried one, then they have to submit their salary slip of the last three months and the bank statements of the last six months.
  5. And if the applicant is a self-employed then they have to submit the ITR of the last three years and registration of their business should be done.
  6. Two passport size colored photographs ( the applicant should not wear glasses).

Salaried

Self-Employed

Salary slips of last 3 months & bank statements of the last 6 months

 ITR of 2.5 lac minimum for last 3 years

 Identity Proof: Aadhaar Card/Pan Card/Voter Card/ Driving License/ Passport

 Address Proof: Aadhaar Card/Pan Card/Voter Card /Passport/Driver License and if the person is living in a rented apartment then rental agreement, electricity & water bill and    owner’s address

 Two colored photographs

PAN Card

credit score above 650

 

 

 

 

 

 

 

 

 

 

 

 

 

Fullerton India Personal Loan Coimbatore Interest Rate

The interest rate provided in the personal loan is quite affordable. It starts at 15%* per annum. The rate of interest may change.

Fullerton India Personal Loan Coimbatore Tenure

The tenure of the personal loan is one year to five years.

Fullerton India Personal Loan Coimbatore Benefits

There are various benefits of taking a personal loan online. You can avail a good deal by comparing offers and finalizing the best one as per your needs. Here are some benefits of personal loan:

  1. A Loan without any collateral or security: A Personal Loan is not a secured loan. Banks don’t ask for any security or guarantee. So, there is no need of pledging collateral or security.
  2. Simple Documentation: Personal Loans are simple and easy. You can get it with minimum documentation with a quick process.
  3. Quick Loan Approval: It is easily sanctioned within 48-72 hours without any hassle. After getting the documents, banks will do the verification of the given details and the loan will get disbursed within 24 hours of confirmation.
  4. Multipurpose finance: Personal loan can be used for various purposes, i.e. in paying old bills, home improvements, wedding shopping, financing trips and many more.
  5. No Third party involvement: The loan is directly given to the borrower without the involvement of the third party. It is a relationship between the borrower and the lender.
  6. Hassle free: Getting a personal loan is now a hassle-free process. Online loan portals have made it more convenient and comfortable. You can get the loan amount in your account without stepping out of your place.

How to apply?

A person can easily apply for the personal loan if they are eligible. A person can apply for a personal loan from its nearest bank, or they can apply online. If the person wants to apply online, then they can apply from the site of dialabank that is www.dialabank.com. They have to fulfill the online application form, and within 5 minutes they will get a call where they will receive proper guidance about the loan. And if the person is eligible for the loan, then the loan will get approved within 10 minutes.

Who can’t apply for the personal loan?

There are some eligibility criteria to avail for the personal loan, these are :

  1. The applicant age should not be less than 21 years.
  2. A person who is unemployed can’t apply for this loan.
  3. If a person has a bad credit score or has a bad credit history than he can’t apply.
  4. An applicant who is self-employed but does not pay their ITR cannot apply for the personal loan.
  5. If a person is a salaried one than they should not have the earning less than Rs 15,000 or else they won’t be able to apply for the personal loan.

About Coimbatore

Coimbatore is located in Tamil Nadu. Coimbatore is famous for it’s a variety of businesses, manufacturing goods, textile mills, educational institutions, health concern facilities, and hospitality.


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Disclaimer: The information provided on www.dialabank.com is collected from public sources and is believed to be accurate and genuine. This site should be used as an information provider for different product offerings of Insurance companies and the visitor should make an independent verification with the Insurance companies to verify the claims made in the policy before making any purchase. The decision to Apply and/or Purchase a policy is at the sole and complete discretion of the website visitor and Dialabank.com cannot guarantee or can be held liable for loss or damage caused by claims made by insurance companies through their agents, partners, products or services, directly or indirectly.