4,80,000 people visited this section in last 30 daysApply Online

Get Cashback of Upto ₹ 1,000* on Personal Loan Apply Online

MyLoanCare Customer Ratings - 4.5/5.0 Apply Online

Fullerton Personal Loan Calculator

Fullerton India Personal Loan EMI Calculator, Jul 2021

Last Updated 26th Mar 2021

  • Personal loan EMI in Fullerton India depends upon loan amount, loan tenure, interest rate, monthly salary and company that you work for.
  • Fullerton India Personal Loan EMI Calculator is an online tool to estimate monthly EMI and its division into principal and Interest during the entire loan tenure.
  • Lowest monthly EMI is ₹ 2,633 per lakh on Fullerton Bank personal loan as calculated using the lowest interest rate of 11.99% for the longest tenure of 48 months.
  • For example, the table below gives the EMIs on Fullerton Personal Loan at different loan amounts and loan tenure, if taken at the lowest rate.
Loan Amount1 Year Loan3 Year loan4 Year loan
₹ 1 Lakh₹ 8,884₹ 3,321₹ 2,633
₹ 5 Lakh₹ 44,422₹ 16,605₹ 13,164
₹ 10 Lakh₹ 88,844₹ 33,210₹ 26,329

Jump to EMI Calculator

Apply for Personal Loan @ 10.25%* Get upto ₹ 1,000* Cashback
Best Offers on Personal Loan offerOffers
Bank/NBFCs Rate* EMI per Lakh* Action

* Starting From

Personal Loan EMI Calculator Fullerton

Fullerton India Personal Loan EMI is a fixed amount of money paid by you to Fullerton India based on your loan amount, tenure and interest rate. Every month, it is due on a fixed day of the month till the loan is fully paid back. You can calculate your Fullerton India personal loan EMI in advance, to plan your loan payments and further expenses, using the Personal Loan EMI Calculator Fullerton. The calculator functions on a mathematical algorithm and gives accurate results in no time.

Why should you use Fullerton India Personal Loan EMI Calculator?

  • Calculate the EMI within your budget: Helps you compare the EMIs with a different loan amount and tenure. Always talk to the bank to know the interest rate you will be eligible for Fullerton India personal loan which can range between 11.99% to 18.99%.
  • Compare Fullerton India personal Loan EMI: Helps you compare the estimated EMI on a personal loan from Fullerton India with that of leading banks in India using the same loan amount of upto ₹ 25 Lakh for a maximum tenure of 48 months, but at different interest rates.
  • Calculate interest on Fullerton India personal loan: You can calculate the split of total EMIs into interest and principal repayment on your loan from Fullerton over the loan tenure.
  • Detailed amortisation schedule: This allows you to see the pace at which your principal amount will be repaid during the loan tenure month on month. This is helpful if you decide to prepay your loan at Fullerton or balance transfer to another bank.

Fullerton India Personal Loan EMI Calculator to Estimate the EMI that Fits your Budget

Input different loan amounts and tenure at the eligible interest rate on Fullerton India Personal Loan EMI calculator to calculate various EMIs at different rates and tenure. The table captures the calculation of Fullerton India Personal Loan EMI Calculation at the various combinations of loan amount and years when taking at the lowest rate of 11.99%. So if you think that you can afford to pay an EMI of ₹ 10,000 in your budget, taking a ₹ 3 Lakh loan for 3 years or ₹ 5 Lakh loan for 5 years, maybe the right Fullerton India personal loan plan for you.Personal Loan EMI is calculated for Fullerton for different loan amounts and tenures at the rate of 11.99%.

Loan Amount (Rs.)2 Years3 Years4 Years
1 Lakh ₹ 4,707 ₹ 3,321 ₹ 2,633
3 Lakh ₹ 14,121 ₹ 9,963 ₹ 7,899
5 Lakh ₹ 23,534 ₹ 16,605 ₹ 13,164
10 Lakh ₹ 47,069 ₹ 33,210 ₹ 26,329

Factors Affecting Fullerton India Personal Loan EMI

  • Loan amount – You will pay a higher EMI for the higher loan amount. Fullerton India gives a minimum loan of ₹ 50,000 and a maximum loan amount of ₹ 25 Lakh.
  • Interest rate - Higher interest rate increases your loan EMI as well as the total cost of the loan. Fullerton India personal loan interest rate for salary account holders can be lower than their quote rates, which can reduce the overall cost of loan and EMI. Lowest interest rate offered by Fullerton India is 11.99%. However, it is advisable to do complete market research and compare rates online before you apply for a loan.
  • Loan tenure – This is the period over which you can repay your loan in Fullerton India. So, your EMI will be lower if you take a 48months loan from Fullerton India as compared to a loan taken for 12months. The logic being that if you get a longer period to repay, you can repay in a smaller instalment.

Comparison of Fullerton India Personal Loan EMI with other Banks

Bank Name Interest Rate Loan Amount of ₹ 1 Lakh Loan Amount of ₹ 5 Lakh Loan Amount of ₹ 10 Lakh
Fullerton India11.99% ₹ 8,884 ₹ 44,422 ₹ 88,844
IDBI Bank 12.00% ₹ 8,885 ₹ 44,424 ₹ 88,849
Canara Bank 12.40% ₹ 8,904 ₹ 44,518 ₹ 89,036
Syndicate Bank 12.40% ₹ 8,904 ₹ 44,518 ₹ 89,036
Bajaj Finserv 12.99% ₹ 8,931 ₹ 44,656 ₹ 89,313

Fullerton India Personal Loan Amortization Calculator

Fullerton India Personal Loan amortization schedule gives a break up of your monthly EMI into interest and principal repayment. Fullerton India gives you a detailed amortisation schedule with the sanction letter and you can calculate the total interest outgo as well as the pace at which your loan amount will be repaid during the loan tenure.

How to read an amortization schedule

Suppose if you take a Personal Loan of ₹ 3 Lakh for 5 years from Fullerton India at an interest rate of 11.99%. EMI calculated for this loan amount is ₹ 6,672 and the total annual EMIs to be paid annually is ₹ 80,062. The EMI schedule of loan for 5 years is explained below in the table –

Amortization Schedule for a Personal Loan of ₹ 3 Lakh over the 5 years

Year Interest paid during the year Principal repaid during the year Total amount paid during the year (Interest + Principal) Outstanding Principal
2021 ₹ 17,427 ₹ 22,604 ₹ 40,031 ₹ 2,77,396
2022 ₹ 30,600 ₹ 49,462 ₹ 80,062 ₹ 2,27,934
2023 ₹ 24,333 ₹ 55,729 ₹ 80,062 ₹ 1,72,205
2024 ₹ 17,271 ₹ 62,791 ₹ 80,062 ₹ 1,09,415
2025 ₹ 9,315 ₹ 70,747 ₹ 80,062 ₹ 38,667
2026 ₹ 1,363 ₹ 38,667 ₹ 40,031 -₹ 0

In the above illustration, on a Fullerton India Personal Loan of₹ 3 Lakh, taken at the lowest interest rate of 11.99, EMI paid is ₹ 6,672 and an annual total of EMIs is ₹ 80,062, the interest component is ₹ 33,464 while the principal component is ₹ 46,597 in year 1 of loan disbursement. You repay only 15.53% of the total principal after paying 12 EMIs during the first year.

Fullerton India Personal Loan Interest Calculator Formula

Fullerton India calculates personal loan EMI based on the following formula

P*r* (1+r)^n/([(1+r)^n]-1)

Here is an illustration of how Fullerton India Personal Loan EMI is calculated:

In the above formula,

P = Loan amount.Fullerton India personal loan amount can range from ₹ 50,000 to ₹ 25 Lakh.

r = Rate of interest per month. The current Fullerton India Personal Loan rate is 11.99%.
n = Tenure in month. This can range up to 48months in case of Fullerton India.

How to use Fullerton India Personal Loan EMI Calculator

  • Fullerton India personal loan calculator are online tool which give out EMI calculations using a combination of loan amount, interest rate and loan tenure.
  • Fullerton India EMI calculator considers “reducing balance basis” and assumes that payment of EMI is made in arrears meaning interest is charged for the month preceding the EMI payment date and not in advance.

Fullerton India Personal Loan EMI for ₹ 1 Lakh

The following table shows Fullerton India Personal Loan EMI for ₹ 1,00,000 for different tenures at an interest rate of 11.99%

Loan AmountInterest RateTenure(Year)EMI
₹ 1,00,00011.99% 1₹ 8,884
₹ 1,00,00011.99% 2₹ 4,707
₹ 1,00,00011.99% 3₹ 3,321
₹ 1,00,00011.99% 4₹ 2,633
₹ 1,00,00011.99% 5₹ 2,224

Fullerton India Personal Loan EMI for ₹ 3 Lakh

The following table shows Fullerton India Personal Loan EMI for ₹ 3,00,000 for different tenures at an interest rate of 11.99%.

Loan AmountInterest RateTenure(Year)EMI
₹ 3,00,00011.99% 1₹ 26,653
₹ 3,00,00011.99% 2₹ 14,121
₹ 3,00,00011.99% 3₹ 9,963
₹ 3,00,00011.99% 4₹ 7,899
₹ 3,00,00011.99% 5₹ 6,672

Fullerton India Personal Loan EMI for ₹ 5 Lakh

The following table shows Fullerton India Personal Loan EMI for ₹ 5,00,000 for different tenures at an interest rate of 11.99%.

Loan AmountInterest RateTenure(Year)EMI
₹ 5,00,00011.99% 1₹ 44,422
₹ 5,00,00011.99% 2₹ 23,534
₹ 5,00,00011.99% 3₹ 16,605
₹ 5,00,00011.99% 4₹ 13,164
₹ 5,00,00011.99% 5₹ 11,120

Fullerton India Personal Loan EMI for ₹ 10 Lakh

The following table shows Fullerton India Personal Loan EMI for ₹ 10,00,000 for different tenures at an interest rate of 11.99%.

Loan AmountInterest RateTenure(Year)EMI
₹ 10,00,00011.99% 1₹ 88,844
₹ 10,00,00011.99% 2₹ 47,069
₹ 10,00,00011.99% 3₹ 33,210
₹ 10,00,00011.99% 4₹ 26,329
₹ 10,00,00011.99% 5₹ 22,239

How to Pay Fullerton India Personal Loan EMI?

There are various online & offline methods to pay your Fullerton India Personal Loan EMI. To repay your Fullerton India EMI online, you can log in to your net banking account or else you can also use the mobile banking of Fullerton India. Fullerton India also allows you to pay EMI through ECI or standing instructions or a cheque facility by visiting the nearest Fullerton India branch.

Other Loan Calculators

FAQs

Why should I calculate Fullerton loan EMI before taking a loan?

It is advised to calculate personal loan EMI in advance before taking a personal loan. There are several benefits of calculating your Fullerton India personal loan EMI as discussed below -

  • In case EMI comes out to be more than your monthly budget, then you have the chance to apply for a lower loan amount that fits your monthly budget and makes EMI easily affordable
  • If you already know the EMI you have to pay each month, then you can plan your expenses accordingly
  • Based on the EMI amount, you can opt for making prepayment of your personal loan in future when you have a surplus amount

What is the lowest EMI per lakh offered by Fullerton India on a personal loan?

Fullerton India offers a personal loan at a 11.99% interest rate for a maximum of 48 months, and hence lowest EMI per lakh loan amount is ₹ 2,633. However, Fullerton India may offer a lower interest rate and EMI for their salary account holders or existing bank customers can vary.

How can I pre-close Fullerton India personal loan?

You can pre-close your Fullerton India personal loan by visiting the branch with the required set of documents. Submit the form of preclosure, pay the amount and take the acknowledgement of the balance amount that you have paid.

What are the prepayment charges on Fullerton India ?

Fullerton India offers you an option of prepayment after 6 months at 1 -17 months: 7%, 18 - 23 months: 5%, 24 - 35 months: 3%, After 36 months: Nil.You have to pay these charges if you decide to pay the loan amount before the due date.

Is there any processing charge on a personal loan from Fullerton India?

Yes, Fullerton India charges a certain amount of processing fee to process your loan application. Currently, Fullerton India charges a processing fee of 2% on a Personal Loan.

Will I get a personal loan from Fullerton India if I have a bad credit score?

No, for taking a loan from Fullerton India, you must have a good credit score of 700 and above. Usually, most banks avoid giving loans if you have a low credit score.Also, availing a personal loan at low cibil score might fetch you a high Fullerton India personal loan rate.

What is the EMI for a₹ 20 Lakh personal loan in Fullerton India Bank?

At the current rate of 11.99%, EMI on Fullerton India personal loan for loan amount ₹ 20 Lakh varies based on the loan tenure. For instance, for 2 year, 3 year and 6 years, EMI is ₹ 1,89,259, ₹ 2,01,064 and ₹ 2,38,692 respectively.

Can I have a co-applicant while applying for a Personal loan with Fullerton India ?

Yes, you can opt for a co-applicant to take a personal loan from Fullerton India that will increase your loan eligiblity as the income of the co-applicant is also taken into account.

Can we pay more than EMI in Fullerton India personal loan?

If you have funds, then you can pay more than the regular EMI on your Fullerton India Personal Loan. This will reduce your interest burden along with the outstanding principal. You can also pay one additional EMI every year to reduce loan tenure and in turn interest amount.

How can I pay my Fullerton India loan EMI?

You can pay the Fullerton India personal Loan EMI by using the ECS facility or standing instruction. You can also visit the branch and submit the EMI cheque or can opt for automated deductions from your salary account.

Compare Personal Loan EMI of All Banks

Fullerton India Personal Loan Customer Care Number, Email, Application Status, Branches
City Customer Care Number
Agra 1800-103-6001
Ahmedabad 1800-103-6001
Ambala 1800-103-6001
Anand 1800-103-6001
Aurangabad Bihar 1800-103-6001
Bangalore 1800-103-6001
Bhilai 1800-103-6001
Bhilwara 1800-103-6001
Bhiwadi 1800-103-6001
Bhopal 1800-103-6001
Bhubaneswar Cuttack 1800-103-6001
Bikaner 1800-103-6001
Chandigarh 1800-103-6001
Chennai 1800-103-6001
Cochin 1800-103-6001
Coimbatore 1800-103-6001
Dehradun 1800-103-6001
Delhi 1800-103-6001
Durg 1800-103-6001
Faridabad 1800-103-6001
Gandhinagar 1800-103-6001
Ghaziabad 1800-103-6001
Goa 1800-103-6001
Greater Noida 1800-103-6001
Gurgaon 1800-103-6001
Guwahati 1800-103-6001
Gwalior 1800-103-6001
Hyderabad 1800-103-6001
Indore 1800-103-6001
Jabalpur 1800-103-6001
Jaipur 1800-103-6001
Jalandhar 1800-103-6001
Jodhpur 1800-103-6001
Kanpur 1800-103-6001
Karnal 1800-103-6001
Kolhapur 1800-103-6001
Kolkata 1800-103-6001
Kota 1800-103-6001
Kozhikode 1800-103-6001
Lucknow 1800-103-6001
Ludhiana 1800-103-6001
Madurai 1800-103-6001
Meerut 1800-103-6001
Mehsana 1800-103-6001
Mohali Sas Nagar 1800-103-6001
Mumbai 1800-103-6001
Mussoorie 1800-103-6001
Nagpur 1800-103-6001
Nashik 1800-103-6001
Noida 1800-103-6001
Noida Extn 1800-103-6001
Panipat 1800-103-6001
Patna 1800-103-6001
Pondicherry 1800-103-6001
Pune 1800-103-6001
Raipur 1800-103-6001
Rajkot 1800-103-6001
Ranchi 1800-103-6001
Rohtak 1800-103-6001
Roorkee 1800-103-6001
Salem 1800-103-6001
Shimla 1800-103-6001
Sonipat 1800-103-6001
Surat 1800-103-6001
Trichy 1800-103-6001
Udaipur 1800-103-6001
Vadodara 1800-103-6001
Varanasi 1800-103-6001
Vijaywada 1800-103-6001
Vizag 1800-103-6001

Fullerton India Personal Loan Reviews 4.1/5  by 10 customers
MyLoanCare Service
4.2/5.0
Banks Service
3.9/5.0
Shoma Vittal, Mumbai
Reviewed on 30th Jul 2014
3.5 / 5 stars
Fullerton India Personal Loan Availed in Jun-17

I took personal loan from Fullerton. I run a boutique store. After checking with a few banks, I decRead more...

Notification ×
  • Home Loan

    Home Loan at all-time low rates starting at 6.65%. Cashback of up to ₹ 1,000.

    Apply Now
  • Personal Loan

    Instant Personal Loan starting at 10.25% with Cashback of up to ₹ 1,000 .

    Check Offers
  • Gold Loan

    Instant Gold Loan starting at 9.50% with Cashback of up to ₹ 500

    Apply Now
  • Loan Against Property

    Best Loan Against Property Offers starting @ 7.20%. Cashback of up to ₹ 1,000*.

    Apply Now
  • Business Loan

    Collateral Free Business Loan Rates starting at 14.00% with Overdraft facility.

    Apply Now
  • Fixed Deposit

    AAA rated FDs with returns as high as 6.95%.

    Invest Now
Fullerton India Personal Loan News - Jul 2021
  • 2021-03-03 : Fullerton India made personal loan disbursal quicker
    Fullerton India now offers instant personal loans within just a few clicks.The digital application and paperless process allow customers to avail a personal loan from Fullerton India anywhere, anytime.Fullerton offers personal loans of up to Rs 25 lakhs starting at an attractive interest rate of 11.99%
  • 2019-06-14 : Fullerton India Home Finance Company opens a new branch in Vijayawada
    NBFC Fullerton India Home Finance Company Limited which operates under the brand Grihashakti has launched its new branch in Vijayawada at Bhaskar Plaza, 4th Floor, Gopala Reddy Road, Governorpeta. With the opening of this new branch, the total number of bank branches has reached 82 in Andhra Pradesh. The bank branch will offer facilities like savings account deposits, loans, including personal loans, and business loans.
  • 2019-04-25 : StashFin joins hand with NBFC Fullerton India for onward lending of $15 million
    The digital lending platform, StashFin has joined hands with one of the leading personal loans provider, Fullerton India. The partnership between them will benefit both the entities for onward lending of $15 million and enable them to expand their reach pan India. They are focusing to aim at meeting the growing personal loans needs of the customer without having to worry about any documentation or paperwork.
  • 2018-12-21 : ETMONEY partners with Fullerton India to offer personal loans up to Rs. 20 lakh
    ETMONEY has announced its partnership with Fullerton India Credit, a Non-Banking Financial Company(NBFC) with to offer personal loans up to Rs. 20 lakh in a hassle-free manner with minimal documentation. ETMONEY partnership with Fullerton India will allow ETMONEY to strengthen its presence across the country to offer unsecured loans for various credit needs arising from marriage, medical emergencies, travel, home improvements, and more.
  • 2018-12-12 : Qbera partners with Fullerton India for personal loans
    Digital lending platform, Qbera has announced its association with NBFC, Fullerton India to extend personal loans to underserved segments. Through this partnership, Qbera will assess risk and creditworthiness of the borrowers and will offer personal loans through Fullerton.
*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources. Read More
Loader
Please wait while your information is being processed...