About Fullerton India Personal Loan
Are you interested in applying for a personal loan? Then we’ve got you covered since Fullerton India Personal Loan Approval Process currently gives customers personal loans with the best discounts and offers, which will be quite advantageous to them. Personal loans can also be found on the Dialabank Personal Loan webpage. Other sorts of loans can be found on Dialabank’s official website.
- Customers with a good credit card history and an existing account with Fullerton India can get pre-approved personal loans at a low-interest rate.
- Fullerton India also has an online application where you can complete your KYC and submit your documents digitally.
- You may also monitor the status of your Fullerton India loan application in real-time by visiting the bank’s website or calling the customer service centre.
- Fullerton India also has separate economic and occupation groupings, as well as unique initiatives. Fullerton India Personal Loan Eligibility
Fullerton India Personal Loan Eligibility
Particulars | Salaried | Self-Employed |
Age | 21 – 60 years | 21 – 65 years |
Minimum Income | Rs.15,000* | Rs.5 Lakh p.a. |
Co-applicant | Not mandatory | Not mandatory |
Loan Tenure | 12 – 60 months | 12 – 60 months |
Maximum Loan Amount | Rs.40 Lakh | Rs.40 Lakh |
Employment Type | Employees of private limited companies and public sector undertakings |
Self-employed individuals
|
Employment/Business Continuity | At least 2 years; minimum 1 year with current employer |
4 years Post Qualification experience for Doctors/ Chartered Accountants.
5 years Post Qualification experience for Company Secretary / Architect. |
CIBIL Score | 750 and above | 750 and above |
Residential Status |
Resident Indian staying in own house or a rented house
|
*In cities such as Kochi, Kolkata, Ahmedabad, Pune, Hyderabad, Mumbai, Chennai, Bengaluru, and Delhi the net monthly income required is Rs.20,000
*Note: The eligibility criteria vary from lender to lender.
Check Personal Loan Eligibility with Top Lenders in 2021
Bank | Age Limit | Minimum Work Experience |
Minimum Income (Per Month)
|
SBI | Up to 76 years | NA** | Rs.15,000 |
HDFC | 21 to 60 years | 2 years | Rs. 20,000 |
Private | 23 to 58 years | 2 to 5 years | Rs.17,500 |
Axis | 21 to 60 years | NA** | Rs.15,000 |
Kotak Mahindra | 22 to 55 years | 1 year | Rs.25,000 |
Tata Capital | 21 to 58 years | 1 year | Rs.15,000 |
IndusInd | 21 to 60 years | 2 to 5 years | Rs.25,000 |
Ujjivan Small Finance | 22 to 58 years | NA** |
Above the minimum wage limit
|
India Infoline Finance Limited | 25 to 60 years | 6 months to 2 years | Rs.35,000 |
HDBFS | 21 to 65 years | 1 year to 3 years |
Rs.15,000 for salaried
Rs.1 lakh p.a. for self-employed |
Indian Overseas Bank | Up to 58 years | NA* | Rs.5,000 |
IDFC First Bank | 23 to 68 years | 3 years | NA* |
Federal Bank | 21 – 55 Years | 3 years | Rs.25,000 |
Punjab National Bank | 21 – 58 years | 2 years for doctors | Rs.15,000 |
Andhra Bank | 21 – 55 years | NA** | NA* |
Canara Bank | NA** | NA** |
Salaried: Rs.6,000 & above
Self-employed – Rs. 1.5 lakh |
IDBI Bank | Up to 75 years for Pensioners | NA** | Rs.1.5 lakh p.a. |
Fullerton India | 21 to 55 years | 1 to 2 years | Rs.15,000 |
RBL Bank | 25 to 60 years | 1 to 3 years | Rs.25,000 |
Bank of Baroda | 21 to 60 years | 1 year to 2 years |
60% of gross monthly income
|
Deutsche Bank | 25 to 60 years | NA** | Rs.25,000 |
Karnataka Bank | NA** | 3 years | NA* |
United Bank of India | up to 75 Years | 2 years | NA* |
UCO Bank | 21 to 65 years | 1 year to 5 years | Rs.20,000 |
*Personal loan disbursal is solely at the bank’s discretion and as per the bank’s terms and conditions
Learn More about Personal Loan: Click Here
Documents Required for Fullerton India Personal Loan
List of Documents Required for Salaried Applicants
Salaried individuals must submit the following documents in addition to a completed personal loan application form:
Photo Identity Proof (Any one) | Passport PAN Card Voter’s ID Aadhar Card Driving License |
Address Proof (Any one) |
Passport
Utility Bill (telephone, electricity, water, gas) – less than 2 months old Aadhaar Card Driving License Ration Card |
Income Proof |
Salary slips (Last 3 months)
Bank statements for the last 3 to 6 months (showing salary credit) |
Tax Paid (Any one |
IT returns (for 2 years)
Form 16 |
Residence Ownership Proof (Any one) |
Property documents
Maintenance bill Electricity bill |
Proof of Job Continuity (Any one) |
Current employment certificate
Current job appointment letter (if more than 2 years have been spent in the same organisation) Experience certificate (previous employer’s relieving or appointment letter along with job certificate) |
Proof of Investment (if any) |
Fixed assets, fixed deposit, shares, etc.
|
Existing Loans (if any) |
Payment Track Record & Sanction letter
|
Photograph |
One coloured passport size photograph
|
List of Documents Required for Self-employed Applicants
Self-employed personal loan applicants must submit the following documents in addition to a fully completed loan application form:
Photo Identity Proof (Any one) | Passport PAN Card Voter’s ID Aadhaar Card Driving License |
Address Proof (Any one) |
Passport
Aadhaar Card Driving License Utility Bill (telephone, water, electricity, gas) – less than 2 months old Ration Card |
Proof of Residence Ownership (Any one) |
Property documents
Maintenance bill Electricity bill |
Proof of Office Address and Ownership (Any one) |
Maintenance bill
Property documents Electricity bill |
Proof of Business Existence (Any one) |
Copy of GST registration
Company registration license Shop establishment proof |
Income Proof |
Last 2 years Income tax returns of the applicant along with computation of income duly attested by a Chartered Accountant
Audited balance sheet and Profit & Loss accounts, including tax audit report, if applicable |
Bank statement |
Savings/current account bank statement/ bank passbook for the past one year
|
Proof of Investment (in case any) |
Investments such as fixed deposit, fixed assets, shares, etc.
|
Existing Loans (in case any) |
Payment Track Record and sanction letter
|
Professional Degree Certificate |
In case of professionals
|
Photograph |
One coloured passport size photograph
|
List of Documents Required for NRI Applicants
When applying for a personal loan, NRI candidates are typically required to submit the following documents:
Identity Proof | Copy of the passport Copy of the visa |
Employment Proof | Letter of Appointment Job contract Labour/ Identity card (if applicable) Official email ID or the HR’s email ID |
Income Proof | Last 6 months’ bank statements Last 6 months’ salary slips or salary certificate |
Photograph | Passport size photographs |
List of Documents Required for Pensioners
When applying for a personal loan, a pensioner must submit the following documents:
Identity/Age Proof (Any one) |
Ration card
Passport PAN card Aadhar card Voter ID card Driving licence Birth certificate School leaving certificate |
Address Proof (Any one) | Passport Aadhaar card Utility bills Ration card Driving licence |
Income Proof (Any one) |
Last 6 months’ bank statements/salary slips
Bank passbook Form 16 Copy of pension payment order Income tax returns |
Photographs |
Passport size photographs
|
Know More About: Personal Loan Eligibility Criteria
Fullerton India Personal Loan Approval Process
You are required to bring the following documents to avail personal loan from Fullerton India:-
Fullerton India Steps to Apply for Personal Loan
If you wish to apply for a Personal Loan, you can do so either online or in person. We will inform you about the procedure both online and in-person at the branch. If you want to apply, you must first complete the steps listed below:-
- Visit the Fullerton India website or contact a Fullerton India branch.
- Fill in the bank’s personal, professional, and financial information, then submit the form.
- After you complete the form online, the bank will verify your eligibility and inform you of the amount that you are qualified for.
- You must submit the required documents, which can be uploaded online, once you agree to complete the application.
- Finally, Fullerton India will process your paperwork, and the funds will be issued to your Fullerton India account as soon as the loan is approved.
If you want to get straight to the branch, you must complete the steps outlined below:-
- Fill out the application form with the relevant personal information, occupation information, and contact information at the Fullerton India
- The Fullerton India representative will go over the loan’s eligibility, terms, processing fees, prepayment, and foreclosure provisions with you.
- You will be given an application reference number after submitting the application form and relevant documents. This number can be used to check on the progress of your Fullerton India Personal Loan application.
- After successful verification, the loan can be disbursed as soon as the loan is approved and the agreement is signed.
Fullerton India Personal Loan Approval Process FAQs
✅ Why take a personal loan?
A personal loan, which is an unsecured type of loan, can assist you in any type of financial crisis. You can easily apply for one if you meet the requirements. If all of the prerequisites are completed, lenders will usually approve your loan fast.
✅ What will happen if I don’t have all the required documents for a personal loan?
Before the end of the term, you can pay off part or all of your personal loan. Some banks may levy a penalty for early repayment, while others may not. Some banks will not accept part-payments at all. As a result, it’s critical to double-check all of the documentation before signing the loan agreement with the lender.
✅ How can I accumulate the Prepayment sum?
Use the Personal Loan EMI Calculator on a regular basis if you’re serious about it. The calculator can be used to check the repayment estimate at different periods in time. You must be very careful with your funds in order to make a full prepayment. Set a monthly savings target for yourself and work toward it by cutting out unneeded costs. If you wish to make a partial payment, use the same steps; everything can be planned and completed effectively with the help of the EMI calculator.