Fullerton Personal Loan Approval
A personal loan is nothing but a personal expense for various purposes like job, medical, travel, marriage, etc.., or for any other financial emergencies without a collateral. This process is done at its best at Fullerton India Personal Loan in Chennai. They offer instant personal loans to both self-employed and salaried individuals with minimal document verification processes.
Fullerton India is a non-banking financial institution that offers financial support up to Rs 25 lakhs at a competitive interest rate. If you are looking for a best deal to apply for a personal loan, then Fullerton India Personal Loan in Chennai is an intelligent decision. In addition, by availing the assistance of the supportive LoansBazaar team, an applicant need not worry about the verification processes at all. Every process will be taken care of by the team of enthusiasts from scratch.
The process of Fullerton India Personal Loan in Chennai is simple to understand, easy to follow and the documents required are standard. The features, eligibility criteria, and the documents required for the Fullerton India Personal Loan in Chennai are given below.
Fullerton India Personal Loan in Chennai – Features
- A minimum amount of Rs 40,000 to a maximum of Rs 5 lakhs are provided by the bank instantly for multiple purposes
- The loan repayment tenure is flexible and can be chosen between 12 months and 60 months
- The required documents are kept minimal and simple with a quick verification process within 2-4 days
- The repayment of loan is also eased with the EMI (Equated Monthly Instalment) plans.
- The applicants need not produce security, guarantor or collaterals
- A credit shield in addition to the accident cover insurance is provided to the applicants
- About 2.5% of the outstanding principal loan amount is taken as the processing fee
Fullerton India Personal Loan in Chennai – Eligibility Criteria
- The age criteria for the loan applicant averages between 21 and 60 years
- The monthly net income of the applicant should be at least Rs 12,500 and is expected to working currently
- A minimum of 3 years working history is required for the salaried applicants and up to 60% of monthly salary is considered as EMI.
Fullerton India Personal Loan in Chennai – Required Documents
- The applicant must provide ID proof such as a driving license, PAN card, and photo identity card issued by the Government of India, Government of Tamil Nadu, passport and voter ID.
- Address proof must be provided such as credit card bills, electricity bill, latest telephone bill, bank statements for 3 months.
- Birth certificate or SSLC/HSLC class passing certificate as age proof.
- Latest salary slips for at least 3 -6 months, Form 16 with current date, employment proof or business continuity proof.
- Any added documents may be required for self-employed applicants such as company deed, income certificate from CA and balance sheet for profit and loss.
It is notable that the approved loan amount would differ with applicants based on their monthly income, repayment ability, loan amount required and the purposes of loan. However, Fullerton Personal Loan in Chennai can be used for any purposes and there is no restriction in it.
About Fullerton India
The company was started in 2007 and it is now the popular financial institution offering a wide range of loans including home loan, business loan, personal loan, education loans. The company has over 800 branches in India and is now one of the leading NBFCs.
The organization has invested in technology and digital capabilities to enhance customer and stakeholder experiences. Their primary services constitute financing of SME for working capital and growth, loans for commercial vehicles and two-wheelers, home improvement loans, loans against property, personal loans, working capital loans for urban self-employed and loans for rural livelihood advancement, rural housing finance and financing of various rural micro enterprises.
If you are planning to avail Fullerton India Personal Loan in Chennai, then the ideal way to do it would be reaching out to the LoansBazaar team, with which an assured hassle-free loan process is guaranteed.
