Fullerton India Credit Company Limited Business Loan

Features and Benefits of Fullerton India Business Loan

The key features and benefits to know before you apply for Fullerton India Business Loan include:

Servicing Capital Requirements

Fullerton India offers easy and quick loans for up to Rs. 50 Lakh to small businesses. The company has competitive rates for business loans ensuring your cost of capital remains low.

Flexible Repayment Tenure

FICCL offers flexible repayment tenure ranging from 1 year to 5 years. This helps you ensure your repayment schedule suits your cash flow.

Minimum Documentation Process

Fullerton India asks to submit minimal documents making the online application process of business loans easy and hassle-free.

Transparent Eligible Criteria

FICCL has transparent business loan eligibility criteria allowing borrowers to get funds easily. 

No Security Required

No collateral or security is required while applying for a business loan from Fullerton India.

Tailor-made Solutions

Fullerton India offers products that come with pre-approved offers for your capital needs.

Factors Affecting Fullerton India Business Loan Eligibility

Get to know the factors affecting Fullerton India business loan eligibility before you apply for one.  

Fullerton India Business Loan Fees and Charges

Listed below are the various Fullerton India Business Loan fees and charges. 

Please note that additional interest is applicable for payment defaults, irrespective of the loan type. A rate of 24% is charged per annum on an overdue outstanding balance which is calculated on a day-to-day basis.

Fullerton India Business Loan Interest Rates

Here is an overview of the key features and interest rates of the Fullerton India Business Loan. 

Factors Affecting Fullerton India Business Loan Interest Rates

Here are the seven crucial factors that affect Fullerton India business loan interest rates.

• Applicant Type
• Model of Business
• Credit Score
• Business Turnover
• Financial Ratios
• Past Track Record
• Debt Servicing Ability of the Customers

Documents Required for Fullerton India Business Loan

The list of documents required for Fullerton India business loan includes:

• Duly filled loan application form with passport size photographs.
• Proof of Address (Voter ID Card / Passport / Ration Card / Driving Licence).
• Bank statement for the last 6 months.
• Income documents (including the latest ITR along with the computation of income, balance sheet, profit and loss account for the past two years) – The needs to be submitted after the requisite CA certification.
• Continuation Proof (ITR / Establishment / Trade Licence / Sales Tax Certificate).
• Other Documents (Sole Proprietorship Declaration Form / Certified Copy of the Partnership Deed, Certified True Copy of the Memorandum and Certified Articles of Association and the Board Resolution)

How Does the EMI Calculation Work for Fullerton India Business Loans?

The business loan EMI calculator in Fullerton India is easy to use. You just need to enter the rate of interest, loan tenure and total loan amount. Check below the simple steps you need to follow to determine the EMI amount in seconds:

• Select the total loan amount using the slider.
• Select the loan tenure.
• Enter the appropriate interest rate that is suitable for your current business profile.
• Once you press the submit button, your EMI amount will be displayed on the screen.

How Does Fullerton India Compare with Other Lenders?

Fullerton India offers business loans at amazing interest rates. The comparison of business loans in Fullerton India with SBI and HDFC is as follows: 

Fullerton India Business Loan Customer Care Number

If you have any additional queries, you can always contact them via the Fullerton India business loan customer care number as mentioned below.

Toll-Free No. – 1800 103 6001

Call from 9.00 a.m. to 7.00 p.m.

(Monday to Saturday excluding fourth Saturday of every month and public holidays)