The Easiest Way To Get A Fullerton Personal Loan
Getting a larger sum of funds for any urgent necessity is easy and safe with new financial offerings being designed for today’s citizens. This is because all the money that is gotten through the hard work of going to the office or running a business is used up for your commitments. Unnecessary to say people have a number of commitments by the end of the month such as paying bills, buying the necessary things for family and the members consisting it and also saving some amount for future uses. All these tasks leave no room to have any amount of extra money at hand is this is why many people need loans. Loans help easily get a large sum of money in a shorter period of time to fulfill a necessity of yours. Personal loans, on the other hand, are quite unique compared to other loans as they do not have a specific reason why people apply for it. Anyone who requires money for a variety of personal needs can simply apply for it with Fullerton India personal loans.
Overview of Fullerton personal loan
The Fullerton India personal loan is a non-banking institution and it helps make dreams come true, especially of those living in economically backward societies by giving them financial aid. Although this is one of their noble and main focuses they also provide personal loans to people living in urban areas. There might be a number of reasons why you require a personal loan and regardless of the kind of need, it is fulfilled by Fullerton.
Features of the loan
Gaining an understanding of the features of the loan help anyone interested have a better idea of what they are getting into if they decide to apply for a personal loan. Here are a few of the features-
- Unlike any other loan application, there is no dragging process. Fullerton makes sure that once your eligibility has checked out, you receive the loan as soon as possible. You can even check Fullerton India personal loan status online so you understand what your status is easy.
- The availability to apply for your personal loan online further helps you speed up the process of receiving your loan, you may simply go to policybazaar.com and apply for the loan you need and this does not require tiring and regular trips to the bank.
- Fullerton India personal loan interest rate is very less compared to other banks that provide the same facility. This is because Fullerton aims to help those who are economically backward.
- There are no payment charges if it is done within 36 months from the approved date
- The EMI you need to pay is calculated using a Fullerton personal loan EMI calculator and the EMI’s can be repaid by Fullerton India online payment.
Eligibility for the loan
There are a few criteria that one has to meet to be able to meet the Fullerton personal loan eligibility and they are below:
- As Fullerton is not strict like other banks when it comes to criteria it has a lower fixed salary for those applying. If you are a salaried individual who gets more than 12 thousand per month or if you are self-employed and get more than 15 thousand per month, you will be eligible for the loan
- You need to have stayed in your house for over a year
- There is also an age restriction for the loan, one has to be above 21 and below 65 years of age
- In case a salaried individual applies for the loan he/she needs to have an experience of 3 years whereas for a self-employed person it is 2 years
Documents required to be submitted
You will have a loan with a minimal rate of interest and easy access to check your Fullerton India personal loan status online once your application has been approved, and for this to occur there are a few sets of documents that need to be submitted-
- A completely filled in application with photographs
- Copy of anything that is an address proof such as Telephone bill, address bill etc
- An identity proof such as a voter id card, passport, driver license or anything else needs to be provided
- An age proof
- A proof of your monthly income, ITR and other documents that prove how much you earn
- Any other document that is being asked to present for the approval of the loan
How to apply for a personal loan
You may simply apply online for a personal loan by following these three simple steps
- You need to simply fill out all the details on the official website www.fullertonindia.com to check for your eligibility
- Once you are eligible, you may simply take a look at all the different kinds of loans available and choose which one suits you the most
- Once you have chosen and successfully submitted the application for the same, you instantly get an e-approval and the company gets in touch with you at this point and takes it further. They will also help assist you with the further steps
- What factors is my eligibility for a loan dependent on?
Your eligibility is depended on your credit score and also whether you already have another loan that you pay EMI’s for regularly.
- How will I know if I am choosing the correct loan for myself online?
There will be existing reviews of customers who have used different plans which may help guide you. If this is not very helpful our customer is available 24/7 for any queries.
- What is the benefit of applying for a Fullerton personal loan?
Apart from instant e-approval and low-interest rate, applying online will help you get customised quotes for your loan.
- What is the minimum age for application?
You need to be at least 21 years of age to be able to apply
- How do I repay for the loan?
You can repay online through various methods based on your convenience