If you’re buying a house, there’s a home loan; if you’re buying a car, there’s a car loan. But if expense surfaces which cannot be defined in these terms to the lender, then what do you do? For these times there is a personal loan. A personal loan is a fluid loan which enables you to spend it as per your needs.
When in an emergency, we tend to turn to our friends and family for monetary help. A personal loan offered by Fullerton India, provides you with the funds you need without strings attached. Here are 6 other advantages of choosing a personal loan from Fullerton India:
- No End-Usage Restrictions: Personal loans can be used
for any legal purpose. It can act as a saviour in the following
l Medical Emergencies: Especially in the times of the
COVD-19 pandemic, Hospital bills, and medical expenses can be much more than
what you can afford, not all of which may be covered by insurance. But don’t
worry. A personal loan has you covered in such challenging matters so that you
can only focus on your family’s health and let your financial worries rest.
l Wedding Expenses: Weddings can be an expensive
affair, especially in India. But a personal loan can ease your load. You can
apply for one, and see your family dancing at the wedding with joy.
l Education: If you don’t want your child to be burdened by an
education loan, you can easily take a low-interest personal loan and let your
child study freely.
l Travel: An unplanned trip can create a hole in your savings. But you can apply for a personal loan to finance your trip and save your money for better emergencies.
- Save Time: If you’re stuck in an emergency, you wouldn’t want to spend time running from pillar to post or be stuck in long queues. Thanks to technology, you can avail a personal loan through Fullerton India’s website or app in a few clicks.
- Instant Loan Mobile Application: As a customer, you can also avail instant loans through Fullerton India’s Instaloan App. It is a quick and convenient personal loan app for salaried professionals. You can apply for a personal loan at anytime and anywhere around the globe. The app offers a hassle-free documentation process where the customers only need to upload their basic information and documents. It is an entirely digital procedure, with dynamic status tracking available.
- Digital Documentation: Personal loans by
Fullerton India are entirely paperless. You can upload your documents and
fill the application form through your phone and create a backup for your
documents simultaneously. Upon approval, the money will be disbursed into
your account instantly. There is no need to meet any representatives or
visit a branch.
- Easy Eligibility: Fullerton India does not
require you to jump through several hoops for availing a personal loan.
Fullerton India has a relaxed eligibility criterion for your ease. If you
have an existing relationship with Fullerton India, you may be eligible
for special discounts and offers on the processing period and interest
rates. You may also become eligible for a pre-qualified top-up loan on the
outstanding principal amount. However, please note that this will again be
subject to your eligibility and credit history at the time of application,
as well as Fullerton India’s policy.
- Borrower-friendly Policies: You can avail personal
loans up to Rs. 25 lakhs*, depending upon your eligibility. The company
offers competitive personal loan interest rates starting at 11.99%*. You
can choose your repayment timeline of up to 60 months, as per your comfort
and income. You can calculate your EMI through the personal loan EMI calculator to arrive at a tenure
which allows you to repay your loan comfortably within budget.
So, in times of an emergency, don’t think twice and apply for a personal loan at Fullerton India. Take a look at personal loan interest rates and apply for a personal loan online.