Fullerton India Personal Loan

Fullerton India Credit Company is a Non Banking Finance Company (NBFC) with an “A” category license, issued by the Reserve Bank of India. The company was established in 1994.Fulleron India is a subsidiary of Fullerton Financial Holdings Pte. Ltd., entirely owned subsidiary of the US $ 100 Billion Temasek Holdings, Singapore.

Fullerton India provides a wide range of all financial products depending upon the customer requirements especially for low income population segments with a network of 800 branches across the country which helps the customers to make their dreams come true throughout the life with its unique features & benefits.

Key Features

• Simplicity: Easy Processing & Standard Documentation.
• Speedy Process: Average turnaround time is two days for loan processing.
• Hassle Free Documentation: No security or guarantor is required.
• Rate of Interest: Attractive rate of interest.
• One Stop Shop: A wise range of products are available for all financial requirements.
• Neighbourhood financing: Branches are located only within a 5 km radius from the customer’s.
• Minimum Funding: Funds minimum Rs.40,000/-
• Maximum Funding: Funds maximum upto Rs.5 lacs.

Eligibility
Salaried Individuals include Salaried Doctors, CAs, employees of select Public and
Private limited companies, Government Sector employees including public sector
undertakings and central, state and local bodies are eligible for Fullerton India Personal
Loans.

• Minimum age of Applicant: 21 years & above.
• Minimum Employment: 3 years &above.
• Minimum Current Experience: 6 months & above.
• Minimum Net Monthly income: Rs.12,500/-.
• Minimum Stability: 1 year.

Rate Of Interest :

• Floating Interest rate: 16% - 26%
• Processing Fee: 4% of loan amount.
• Prepayment Charges: 2.5% to 3.5%

Documentation:

List of Documents for Salaried Individuals

1. Identity proof

Any one of the following,

• Passport/ driving license/ PAN card/ Photo-credit card (with embossed signature and last two months statement)/ banker’s sign verification.
2. Age proof and Signature proof.

Any one of the following,

• PAN Card/ Passport/ Driving license.
• School leaving certificate/ Voter’s card/ Birth Certificate/ LIC policy (only for age proof).
• Banker’s sign verification (only for signature proof).
3. Address proof


Any one of the following,

• Passport/ Telephone bill (BSNL/MTNL)/ Electricity bill/ Title deed of property/ Rental agreement/ Driving license/ Election ID card/ Photo-credit card (with last two month statements)
4. Income proof

All of the following,

• Form 16 for the financial year 2008 (Optional)
• Original hard copy of latest 3 months pay slips with company seal or logo (Soft copy can be submitted initially for processing of the application)
5. Banking history
• Original hard copy of latest 6 months bank statement from salary account till date.
6. One passport size colour photograph signed on top.