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Fullerton India Car Loan

Loanmani- Fullerton India

Fullerton India is a leading non-banking financial company that provides a range of financial products and services, including car loans. Fullerton India car loans are designed to help individuals purchase their dream car without any financial strain. The company offers car loans for a wide range of cars, including new and used cars. Fullerton India provides various benefits such as competitive interest rates, flexible repayment tenures, easy online application process, prepayment options without penalty charges, and balance transfer facilities. Additionally, the company offers personalized loan options and dedicated customer service to ensure a seamless and satisfying borrowing experience. Whether you are looking to purchase a small hatchback or a luxurious SUV, Fullerton India has car loans that cater to your needs. With Fullerton India car loans, you can drive home your dream car without any worries.

8.00 %

Advertised Rate

1 - 6 Years

Available Terms

750

Credit Score

1 L - 25 L

Loan Amount

Why Choose Fullerton India

  • Quick loan processing and disbursal
  • Flexible repayment options
  • Competitive interest rates
  • Loan amount up to 100% of the ex-showroom price of the car
  • Doorstep document pickup facility


Fullerton India Eligibility Criteria

  • The applicant must be a resident of India
  • The minimum age of the applicant should be 21 years at the time of application and the maximum age should be 65 years at the time of maturity of the loan
  • The applicant should have a minimum monthly income of Rs. 20,000


Fullerton India Fees & Charges

  • Processing fee: Up to 3% of the loan amount
  • Pre-payment charges: Nil to 7% of the outstanding principal amount
  • Late payment penalty: 3% per month on the overdue amount
  • Cheque bounce charges: Rs. 500 per instance


Fullerton India Features & Benefits

  • The car loan can be availed for both new and used cars
  • The loan tenure ranges from 12 months to 60 months
  • The loan amount can be up to 100% of the ex-showroom price of the car
  • The processing fee is up to 3% of the loan amount
  • Pre-payment charges may apply


Fullerton India Required Documents

  • Application form with photograph
  • Proof of identity (Aadhar card, PAN card, Voter ID, Passport, etc.)
  • Proof of address (Aadhar card, PAN card, Voter ID, Passport, etc.)
  • Income proof (salary slips, bank statements, income tax returns, etc.)
  • Quotation for the car to be purchased


FAQs on Fullerton India Car Loan

1.What is the maximum loan amount I can get for a car loan from Fullerton India?

The maximum loan amount that you can get for a car loan from Fullerton India is up to 100% of the ex-showroom price of the car.

2.What is the tenure for a car loan from Fullerton India?

The tenure for a car loan from Fullerton India can range from 12 months to 84 months (7 years).

3.What is the interest rate for a car loan from Fullerton India?

The interest rate for a car loan from Fullerton India can vary depending on various factors such as the type of car, loan amount, and your credit score. The interest rate typically ranges from 8.75% to 11.99%.

4.Can I prepay my car loan from Fullerton India?

Yes, you can prepay your car loan from Fullerton India without any penalty charges.

5.Can I apply for a car loan from Fullerton India online?

Yes, you can apply for a car loan from Fullerton India online through the company's website. You will need to fill out an application form and submit the necessary documents such as identity proof, address proof, income proof, and details of the car you intend to purchase.

6.What are the documents required to apply for a car loan from Fullerton India?

The documents required to apply for a car loan from Fullerton India include identity proof, address proof, income proof, bank statements, and details of the car you intend to purchase.

7.Can I transfer my existing car loan from another bank to Fullerton India?

Yes, you can transfer your existing car loan from another bank to Fullerton India. This process is known as a balance transfer. By transferring your car loan to Fullerton India, you can enjoy lower interest rates and better terms and conditions.

8.Is it necessary to have a co-applicant for a car loan from Fullerton India?

It is not necessary to have a co-applicant for a car loan from Fullerton India. However, having a co-applicant with a good credit score can increase your chances of getting approved for a car loan and also help you get a better interest rate.

9.What is the processing fee for a car loan from Fullerton India?

The processing fee for a car loan from Fullerton India is typically up to 3% of the loan amount.

10.What are the benefits of getting a car loan from Fullerton India?

The benefits of getting a car loan from Fullerton India include competitive interest rates, flexible repayment tenures, easy online application process, prepayment options without penalty charges, and balance transfer facilities. Additionally, the company offers personalized loan options and dedicated customer service to ensure a smooth and hassle-free borrowing experience. Fullerton India also offers attractive deals and offers on car loans from time to time.

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