Fullerton India offers a range of business loans to help small and medium-sized enterprises (SMEs) meet their funding requirements. Whether you need working capital, want to expand your business, or need to purchase equipment, Fullerton India business loans can provide you with the necessary financing.
With a maximum loan amount of up to Rs. 50 lakhs, Fullerton India business loans offer flexible repayment options with a minimum repayment period of 12 months and a maximum of 48 months. The interest rates are competitive and can range from 16% to 21% per annum, depending on various factors such as loan amount, tenure, business profile, etc.
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1.What is Fullerton India business loan?
Fullerton India business loan is a type of loan offered by Fullerton India to help small and medium-sized enterprises (SMEs) meet their business funding requirements. The loan can be used for various purposes, such as working capital, business expansion, purchase of equipment, etc.
2.What is the maximum loan amount that can be availed under Fullerton India business loan?
The maximum loan amount that can be availed under Fullerton India business loan is up to Rs. 50 lakhs.
3.What is the minimum and maximum repayment period for Fullerton India business loan?
The minimum repayment period for Fullerton India business loan is 12 months, and the maximum repayment period is 48 months.
4.What is the interest rate charged on Fullerton India business loan?
The interest rate charged on Fullerton India business loan may vary depending on various factors such as loan amount, tenure, business profile, etc. It can range from 16% to 21% per annum.
5.What are the documents required to apply for Fullerton India business loan?
The documents required to apply for Fullerton India business loan may vary depending on the type of loan and the borrower's profile. Generally, the following documents are required:
6.What is the eligibility criteria for Fullerton India business loan?
The eligibility criteria for Fullerton India business loan may vary depending on the type of loan and the borrower's profile. Generally, the following criteria are considered:
7.How long does it take for Fullerton India to process the business loan application?
Fullerton India usually takes 3 to 5 working days to process the business loan application, subject to the submission of all the required documents and meeting the eligibility criteria.