There are times when a sudden medical surgery, accident, joblessness, unexpected travel, or urgent repairs of home can put you in a financially distressed position. It becomes a burden on your budget to meet such expenses, due to which you may have to dip into your savings or investments. However, you can take that worry away. Thanks to Fullerton India Personal Loan App.
If you have a stable income as a salaried employee of an organization, you can access instant cash from the comfort of your home by installing Fullerton India Instaloan App on your handset. The process of acquiring a personal loan is simple and easy.
The best part about personal loans acquired from the online loan app is that it serves multiple purposes. It means that you can use the sanctioned loan amount for whatever reason you need. You are not even required to pledge your assets as collateral. However, you must ensure to have a stable income and a good credit score to get the best deal.
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Benefits of Fullerton India Personal Loan App
Fullerton India’s instant loan app, also known as Instaloan App, is load with a host of features and benefits that can serve all your needs.
Acquire a maximum loan amount
The benefit of opting for Fullerton India’s online loan app is that you can secure up to Rs. 25 lakhs as a loan. After submitting your personal loan application and the approval is granted, the sanctioned amount will be credited within 30 minutes. The online loan app offers a quick loan disbursal facility.
Applicants can get the loan amount credited to their register bank account within minutes after loan approval. Quick loan disbursal makes it the best online loan app for people who require funds on an urgent basis. Since the process is simple and paperless, it eliminates the time consumed in processing your application.
Serves multiple purposes
The best part about a personal loan obtained through Fullerton India Personal Loan App is that there is no restriction on the end-use of the sanctioned loan amount. In addition, You can borrow a loan amount based on your needs and cover the cost of almost anything.
For instance, you can use a personal loan amount to pay for immediate surgery, wedding, international, or higher education. You can even opt for a personal loan to consolidate all your credit card debts or make down payment of your home loan.
Fullerton India’s instant loan app offers unsecured loans to salaried individuals without any requirement to submit collateral. Yes, you do not need to pledge anything as collateral. However, you will need to meet other eligibility requirements stated during the application. You will then have your loan amount without any conditions on the end-use of it.
Attractive interest rates
Fullerton India offers interest rates as low as 11.99% It means that if you meet all the eligibility criteria and submit the relevant documents, you are eligible to avail of an interest rate as low as 11.99%. Moreover, It helps you manage your budget and make EMI payments without any delays.
Unlike traditional personal loans, there is a hassle-free documentation process involved in Fullerton India’s online loan app. Before applying on the instant loan app, keep scans of the following documents ready:
- Your PAN Card and Aadhaar Card as identity proof, address proof, and age proof.
- Salary slips of the past three months
- Bank statements for six months.
- Income Tax Returns (ITR) or form 16
Relaxed eligibility criteria
There are relaxed norms of eligibility to secure a personal loan through the Fullerton India Personal Loan App. The requirements are:
- You must be an Indian citizen currently working as a salaried employee in a private limited company or public sector company.
- should be at least 21 years old during your loan application and 65 years old at the end of the loan tenure.
- You must earn Rs. 25000 per month if you live in Mumbai and Delhi. If you are residing in any other Indian city, the minimum income requirement is Rs. 20000.
If you need urgent cash, you opt for Fullerton India’s Insta loan App. You can easily access funds and meet your financial requirements without the need to touch your savings. However, you must assess your needs before applying for a personal loan. You should only choose a loan amount based on your needs to avoid further debts.