A personal loan can help you meet any financial expenses, whether a wedding, travel, debt consolidation, or home renovation. This is an unsecured form of credit that is gaining popularity due to its flexible features and ability to offset temporary crises or needs. Fullerton India has made the process simple so that you can get your loan approved within minutes.

Personal Loan Requirements

While planning to avail of a personal loan, the first thing that comes to our mind is the personal loan requirements. Following are the personal loan requirements which you need to keep a digital copy of while applying online for a loan –

• Photo
• Identity and age proof
• Address Proof such as Electricity Bill, or Passport
• Latest salaries slip as a Proof of Income
• Bank statements

You will be required to upload these documents to complete your application for a loan.

Personal Loan Eligibility

You need to check some criteria to find out whether you are eligible for a personal loan. They are –

• You may apply for a personal loan if you are an Indian citizen or resident aged 21 to 65 years. 
• You are a self-employed or salaried individual earning more than Rs. 20000 per month. 
• You cannot apply for a personal loan if you do not meet the above criteria.

Fullerton India provides personal loan interest rates that start from 11.99% for self-employed or salaried persons for a minimum tenure of 60 months. Depending upon our policies and based on your requirements, we decide the suitable loan rates applicable. You can then decide your monthly budget accordingly to pay your EMIs easily.

Must Read: Step by Step Guide to Get a Fullerton India Personal Loan