Fullerton India Offers Personal Loan in Pune in Just 5 Steps

November 06, 2020 Dhanur Chauhan 0 Comments

Pune city is a premier educational, financial, commercial, residential, and a vital employment centre of India. People from all parts of the country flock to this city in droves due to the hospitable people, appealing climate, good entrepreneurship, educational and employment opportunities. If you require urgent funds via a personal loan in Pune, then seeking a Fullerton India personal loan is the most suitable option for you. 


 

Benefits of Personal Loan in Pune

The unpredictability surrounding life often makes us want to divert our finances from one purpose to another, depending on the urgency of the matter.

However, if you apply for specific loans like educational loans, or home loans, there is no way to divert the money for any emergencies. Moreover, taking a loan may affect your credit score, and you may not be eligible for further loans. During medical emergencies, many people often find themselves in a dilemma for arranging funds because insurance may not always cover all expenses. Hence, most people prefer personal loans.
 
Additionally, a personal loan also requires no collateral documents or security. Hence, even if you do not have any assets, you can still apply for a personal loan in Pune.
 
How To Apply For A Personal Loan In Pune?

Fullerton India can help you to easily avail of a personal loan in Pune in five simple steps. Let us look at the steps in detail:

1. Know the Eligibility

  • While applying for a loan, the minimum permissible age is 21 years, and the maximum permitted period at loan maturity is 65 years.
  • You must be a resident citizen of India.
  • Make sure that you have filled and signed the personal loan application form and have all the required documents for the same.

2. Check Loan Details

While applying for a personal loan in Pune, you must always check the loan's interest rate and tenure. You can get personal loans with interest rates ranging from 11.99% to 36%  from Fullerton India, depending on your eligibility and credit history. In addition to these, you must also check out the processing fees.

You can also use the EMI calculator to estimate the personal loan monthly EMI amount for your loan in Pune. Doing this will help you plan for the future and balance out your payment duration to pay an amount that suits your budget.
 
3. Documents for Personal Loan

While applying, make sure that you have all the documents required for a personal loan (Check Here). It will reduce the time of application for the loan significantly and provide a hassle-free experience.

To get a personal loan from Fullerton, you need the following documents:

  • A personal loan application form
  • Recent photographs (Passport size)
  • An official document certifying your age
  • A document confirming your identity
  • A government verified proof of your address
  • An evidence of your income
  • Form 16
  • Your income tax returns
  • A cheque for the processing fees

4. Fill the Online Application Form
Once you have a soft copy of all the documents required for a personal loan, follow the steps mentioned below:

  • Visit the online personal loan portal and select your employment status.
  • After this, you will reach the form page. Confirm your mobile through OTP.
  • Enter your personal, employment, income and bank details on the form.
  • Upload all the scanned documents required for the personal loan.

Based on the information you have entered, you will be informed within minutes if you are eligible for a loan. If yes, your application will be processed further. You will be given a tracking ID which can be used to know the status of your application in real time.
 
5. Wait for approval

You will now receive a call from Fullerton for further details. After successful verification, your loan will get approved. It generally takes 30 minutes to dispense the cash after approval.
 
Conclusion

While applying for a personal loan in Pune, you need to make sure that you understand the eligibility criteria and have all the necessary documents. You must also check for the loan details to plan your repayment. All in all, a personal loan in Pune can be a lifesaver.

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