Did you know that 77% of working professionals in India rely on personal loans to meet their financial needs? Moreover, the number of personal loan applicants doubled during the pandemic. These stats indicate that many working professionals in India use personal loans to manage urgent money requirements and unplanned expenses.
Choosing the right personal loan lender is the most crucial factor in applying for a personal loan. With several personal loan lenders in India, finding the best lender can be challenging. Personal loans from Fullerton India is the go-to choice of millions of Indians and here are five reasons why people choose it.
5 Ideal Features Offered by Fullerton India Personal Loan
- Get Loans Up to Rs. 25 Lakhs*
Fullerton India lets you borrow a personal loan of up to Rs. 25 lakhs*, helping you meet all types of urgent money requirements. The minimum loan you can apply for is Rs. 50,000. We offer a lot of flexibility to our borrowers. Whether you have a major requirement like a wedding function or a small need like repaying your friend, our personal loan has got you covered.
Our personal loan helps you fulfil a wide range of unplanned expenses, such as:
- Pay your children’s school fees
- Consolidate existing debts
- Go on a vacation
- Host a function
- Manage an emergency
- Flexible and Attractive Interest Rates
The biggest benefit of our personal loan is a competitive interest rate. Our loans start at an attractive interest rate of 11.99% per annum. . The final interest rate offered to an applicant will depend on various factors including our policy at the time of loan application.
Fullerton India’s personal loan also offers a flexible repayment tenure. You can choose a loan tenure from 12 months to 60 months, depending on the EMI you’re willing to pay each month. Use our Fullerton India personal loan interest calculator to calculate your estimated EMI.
Last, we charge a competitive loan processing fee of 0-6% and a prepayment fee of 0-7%.
- Quick Approval and Disbursal
Our personal loan application process is 100% online and paperless. You can apply for a personal loan directly from your website in a few easy steps. All you need to do is select the loan amount, rate of interest, and loan tenure. Next, you’ll have to fill out a quick application form and submit your documents. After successful verification checks and loan approval, the funds will be disbursed to your bank account.
On an average, our loan applicants receive funds within 30 minutes of approval. If you need cash instantly and can’t afford to undergo long approval procedures, our personal loan has got you covered.
- Customized Loans
Every loan applicant has different requirements, and we cater to that. Instead of taking a one-fits-all approach, we provide customised personal loans for various users and purposes. Fullerton India offers personal loans for:
- Home Improvement
- Medical Emergency
- Chartered Accountants
Each personal loan type has unique perks and features to fulfil your specific needs. Whether you’re a self-employed doctor looking to open a new clinic or a parent who needs funds for their child’s marriage, Fullerton India’s personal loan can help.
- Benefits, Tools, and Trust
If you’re an existing customer of Fullerton India, you’re in for some exciting surprises. Our existing customers get additional benefits, such as lower interest rates and processing fees, zero prepayment fees, lower EMIs, and more.
We also offer various tools to simplify the loan application process for you. For instance, the personal loan interest calculator lets you calculate your estimated EMI. Similarly, our Loan Eligibility Calculator lets you check if you’re eligible to get a personal loan from Fullerton India.
And to back everything up, we are one of the most trusted NBFCs in India with 14 years of industry presence, 629 branches, and 12.5k+ employees. We serve over 2.3 million customers in 600 towns and 58k+ villages across India. You can even visit our offline branch and apply for a loan there.
If you need a personal loan with low-interest rates, flexible repayment terms, and a fast online approval process, Fullerton India’s personal loans are perfect for you. Our customized loans help you make your ends meet and manage your finances with confidence and convenience.
Are you in urgent need of money and need a personal loan quickly? Fullerton India’s personal loan can help.
Apply for a personal loan Now!