{"id":34086,"date":"2021-12-02T18:10:11","date_gmt":"2021-12-02T18:10:11","guid":{"rendered":"https:\/\/helpsfortech.com\/?p=34086"},"modified":"2021-12-11T01:11:06","modified_gmt":"2021-12-11T01:11:06","slug":"how-to-apply-for-a-25-lakh-personal-loan-with-fullerton-app","status":"publish","type":"post","link":"https:\/\/helpsfortech.com\/how-to-apply-for-a-25-lakh-personal-loan-with-fullerton-app\/","title":{"rendered":"How to Apply for a 25 Lakh Personal Loan with Fullerton App?"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p style=\"text-align: justify\"><span style=\"font-weight: 400\">Personal loans can come to your rescue when you are running short on cash. Be it a vacation or an emergency, you can avail of personal loans for any need or requirement <span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;fabric sofas&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:1325569,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0,&quot;14&quot;:{&quot;1&quot;:2,&quot;2&quot;:1136076},&quot;15&quot;:&quot;Commissioner, -apple-system, BlinkMacSystemFont, \\&quot;Segoe UI\\&quot;, Roboto, Oxygen, Ubuntu, \\&quot;Fira Sans\\&quot;, \\&quot;Droid Sans\\&quot;, \\&quot;Helvetica Neue\\&quot;, sans-serif&quot;,&quot;16&quot;:11,&quot;21&quot;:1,&quot;23&quot;:1}\" data-sheets-hyperlink=\"https:\/\/www.furniturewalla.com\/living\/sofas\/fabric-sofa-sets.html\"><a class=\"in-cell-link\" href=\"https:\/\/www.furniturewalla.com\/living\/sofas\/fabric-sofa-sets.html\" target=\"_blank\" rel=\"noopener noreferrer\">fabric sofas<\/a><\/span>. These loans are now offered online too by lenders like Fullerton India. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">You can use the <\/span><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.fullerton.instaloan&amp;utm_source=google-play&amp;utm_medium=third-party&amp;utm_campaign=app-backlinks\"><b>personal loan app<\/b><\/a> <span style=\"font-weight: 400\">to apply for instant loans. Apart from providing personal loans online, this <\/span>instant loan app also grants instant loans in paper-less format. This loan app offers you a loan based on your financial status.<\/p>\n<h2 style=\"text-align: justify\"><b>Benefits of Personal Loans<\/b><\/h2>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Personal loans make your life easier by helping you with a sum of money in an instant. There are plenty of benefits to taking personal loans.\u00a0<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><b>Versatility and adaptability<\/b><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Some loans can only be utilized for a specific purpose. However, personal loans can be used for various financial requirements without having to specify the need to the lending institution, like fees for higher studies or medical bill repayments.<\/span><\/p>\n<p style=\"text-align: justify\">Interest rates are lower, and borrowing limitations are fewer<span style=\"font-weight: 400\">.<\/span><\/p>\n<p style=\"text-align: justify\">The interest rates for personal loans are usually cheaper than those compared to credit cards. Furthermore, you may also be eligible for a loan amount more than your credit card limit. In this loan app, you can apply for a value of up to 25 lakhs.<\/p>\n<ul>\n<li style=\"text-align: justify\"><strong>There is no obligation for a security deposit<\/strong><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">You may acquire an unsecured personal loan without putting up any collateral. Thus, you do not need to be concerned about mortgaging your home or other valuables in case of personal loans.<\/span><\/p>\n<ul>\n<li style=\"text-align: justify\"><b>It&#8217;s a lot easier to manage<\/b><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">One reason some people seek a personal loan is to consolidate debt, such as several credit card accounts. A single fixed monthly payment cycle is easier to manage when compared to controlling multiple credit cards with varying interest rates and payment due dates.<\/span><\/p>\n<p style=\"text-align: justify\"><b>Eligibility for Personal Loans<\/b><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">You have to meet specific requirements to be eligible to take a loan of Rs. 25 lakhs from the app.<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><b>Nature of Employment<\/b><span style=\"font-weight: 400\">&#8211; You must be an employee of a private organization or be a public servant to apply for a personal loan on the <\/span>instant loan app. <span style=\"font-weight: 400\"><span style=\"font-weight: 400\">\u00a0Moreover, you can also be self-employed to apply.<\/span><\/span>&nbsp;<\/li>\n<li style=\"font-weight: 400\"><b>Minimum income<\/b><span style=\"font-weight: 400\"><span style=\"font-weight: 400\">&#8211; For salaried individuals, the minimum income should be 25,000 rupees. Besides, for self-employed people, it can depend on the annual turnover of the industry.<\/span><\/span>&nbsp;<\/li>\n<li style=\"font-weight: 400\"><b>Age<\/b><span style=\"font-weight: 400\"><span style=\"font-weight: 400\">&#8211; You have to be of at least 21 years to apply for a personal loan. Also, you cannot be over the age of 65 by the time of maturity.<\/span><\/span>&nbsp;<\/li>\n<li style=\"font-weight: 400\"><b>Credit Score<\/b><span style=\"font-weight: 400\">&#8211; To apply for a loan at Fullerton India, you need to have a good credit score. The credit score stands as proof that you pay all your bills and utilities on time. In addition, a score of over 750 and above is preferred.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><b>Required documents for Personal loans<\/b><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">You must produce the following documents to get your loan approved.\u00a0<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The application form has been filled out and signed by you.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Your identification proofs.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Your address proofs.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">A document verifying your age.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">If you are a salaried individual, you must show your pay receipts over the previous three months.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Records from your bank for the last six months<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Documents regarding your Income Tax returns or form 16<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">In case you are self-employed, you have to show your financial statements or proof of income\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><b>Steps to apply for Personal Loans on the app<\/b><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">You may apply for a personal loan from Fullerton online with ease and flexibility. You can apply for a loan from the convenience of your own home. Hence, you can follow these simple steps on the app.\u00a0<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Download and <a href=\"http:\/\/onelink.to\/9dk3th\">install Fullerton App<\/a><\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Choose &#8221;Personal Loan&#8221;. Click on Proceed.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Choose &#8221;salaried&#8221; or &#8221;self-employed&#8221;.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Next, your mobile number will be verified using an OTP<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">That will send you to the next step, where you can input the loan amount and payback term of your choice.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">You will also be requested to enter personal, employment, and financial information.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Once done, the app will accept and process your application. Your loan will be approved shortly if you fulfill all the necessary clauses <span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;online furniture shopping&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:1325569,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0,&quot;14&quot;:{&quot;1&quot;:2,&quot;2&quot;:1136076},&quot;15&quot;:&quot;Commissioner, -apple-system, BlinkMacSystemFont, \\&quot;Segoe UI\\&quot;, Roboto, Oxygen, Ubuntu, \\&quot;Fira Sans\\&quot;, \\&quot;Droid Sans\\&quot;, \\&quot;Helvetica Neue\\&quot;, sans-serif&quot;,&quot;16&quot;:11,&quot;21&quot;:1,&quot;23&quot;:1}\" data-sheets-hyperlink=\"https:\/\/www.furniturewalla.com\/\"><a class=\"in-cell-link\" href=\"https:\/\/www.furniturewalla.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">online furniture shopping<\/a><\/span>. The process is instant, straightforward and effortless to say the least.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Personal loans can come to your rescue when you are running short on cash. Be it a vacation or an emergency, you can avail of personal loans for any need or requirement fabric sofas. These &#8230; <a title=\"How to Apply for a 25 Lakh Personal Loan with Fullerton App?\" class=\"read-more\" href=\"https:\/\/helpsfortech.com\/how-to-apply-for-a-25-lakh-personal-loan-with-fullerton-app\/\" aria-label=\"More on How to Apply for a 25 Lakh Personal Loan with Fullerton App?\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":34087,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[20,30],"tags":[17361,17360,17362,137,136],"_links":{"self":[{"href":"https:\/\/helpsfortech.com\/wp-json\/wp\/v2\/posts\/34086"}],"collection":[{"href":"https:\/\/helpsfortech.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/helpsfortech.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/helpsfortech.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/helpsfortech.com\/wp-json\/wp\/v2\/comments?post=34086"}],"version-history":[{"count":2,"href":"https:\/\/helpsfortech.com\/wp-json\/wp\/v2\/posts\/34086\/revisions"}],"predecessor-version":[{"id":34394,"href":"https:\/\/helpsfortech.com\/wp-json\/wp\/v2\/posts\/34086\/revisions\/34394"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/helpsfortech.com\/wp-json\/wp\/v2\/media\/34087"}],"wp:attachment":[{"href":"https:\/\/helpsfortech.com\/wp-json\/wp\/v2\/media?parent=34086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/helpsfortech.com\/wp-json\/wp\/v2\/categories?post=34086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/helpsfortech.com\/wp-json\/wp\/v2\/tags?post=34086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}