Home Loan Process

Step-by-Step home loan process

There are several steps involved in the sanctioning of a home loan. you start by applying and submitting documents, await verification, get the sanction letter, sign it and pay the secure fees await a technical check of your property and then sign the final loan agreement before receiving the loan amount in your bank account.

Personal loans are a form of installment credit. Unlike a credit card, a personal loan delivers a one-time payment of cash to borrowers. Then, borrowers pay back that amount plus interest in regular, monthly installments over the lifetime of the loan, known as its term.

Step 1: Check the Eligibility Criteria

Minimum age to apply is 21 years of age, not exceeding 65 years at time of Loan Closure

You must be a Indian resident and citizen

You must have the necessary documents required for the personal loan along with the signed application.

Step 2: Check Interest Rates and Other Charges

The interest rates offered by Fullerton India vary based on the borrowers creditworthiness, amount and tenure of the loan and other factors. It ranges 1 interest rates, there is a processing fee for a personal loan. To know more please visit personal loan interest rates page.

Step 3: Calculate Your EMI

EMI calculators help to calculate the monthly EMI to be paid on the loan. This calculation depends on the total loan amount, interest rate and tenure.

you may use personal loan EMI calculator for instant calculation.

Step 4 : Check Required Documents

Recent passport-sized photographs

Complete personal loan application form

Age proof 

Identity proof(Passport/PAN card/Certificate from a statutory authority

Address proof

Salary slips/proofs

Step 5: Fill Application Form Online

You can apply for a personal loan online or offline. Walk into our nearest branch office for a free consultation and guidance on the ideal funding option for your needs. 

Visit the online loan application page, Select the appropriate option depending on whether you are salaried or self employed.

1.  Next you will be taken to an online form Enter your mobile number correctly.
2.  Please enter your personal details as requested on the online form page.
3.  Please enter your employment details as requested in the next step.
4.  Please enter your bank details as requested in the next step.
5.  Upload scanned copies of documents
6.  Click "submit" within a few seconds, you will be informed if you are approved for the loan.
7. Our customer care representative will get in touch with you for further information as your application goes through various checks.
8.  After final loan approval your account will be credited with the sanctioned amount within 30 minutes.

Step 6: Wait for Loan Approval 

Then a representative will be assigned to you who further take care of the procedure. Once after the verification of documents, the loan will be granted. Compared to other types of loans, the personal loan approval process is quite easy as long as the documents are valid.

Home is where the heart is. Bring out the best in your living Space.