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Fullerton India Housing Finance, Interest Rate and EMI Calculator January 2019

(Updated on 12.01.2019) Fullerton India Housing Finance and EMI Calculator Jan 2019 – Get Instant Quick & Easy Approval on Fullerton Home Loan. Loansninsurances.com provide a simple tool to calculate your Home Loan EMI on the basis of ✓ Interest Rate ✓ Loan Tenure ✓ Processing Fee ✓ Eligibility ✓ Best Offers & more.

Fullerton India Housing FinanceINSTANT QUOTES ONLINE

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Disclaimer: We do not provide Home Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

Fullerton India Home Loan

Fullerton India Home Finance provides customers a range of best affordable and flexible home loans at pleasant interest rates and within customers’ budget limitations. Fullerton Home Loans renowned for its striking features such as transparent processing, flexible tenure, rapid service, opportunity for a floating rate loan or a fixed rate loan, flexible home loan rates, balance transfer facility, and lots more. Use Home Loan Eligibility Calculator, the simple and easiest tool to know your Home Loan Eligibility and get your preferred Home Loan.

Fullerton India Personal Loan is one of the most enticing personal loans ever designed to help all classes of people to fund their financial emergencies.

Grihashakti is a wholly subsidiary of Fullerton India Credit Company Limited which is offering home loan to salaried & self-employed individuals. Grihashakti started its operations in December 2015.

The company is headquartered in Mumbai and currently operates through 55 branches spread across 9 states – Andhra Pradesh, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu, Telangana and West Bengal.

Both the products of home loan given on the Fullerton India website is same in terms of interest rates & other features.

Fullerton Home Loan Features

  • Loan for home purchase.

  • Loan for residential plot and self construction.

  • Loan for home extension / Improvement.

  • Balance transfer from banks, other Housing Finance companies and NBFCs.

  • Loan for purchase of commercial property.

  • One can have one or more co-applicants to avail the loan.

  • Transparent loan procedure and hassle-free documentation process.

  • Affordable and completely flexible based Home Loan.

Fullerton India Home Loan Interest Rate

**The average ticket size of these loans will be in the range of Rs. 6-7 lakh.**

Interest Rate 8.50% – 17% 

Processing fee range

3% of the loan amount

Loan Amount

Max. Rs. 5 crores

Tenure

Max. 30 years

Fullerton India Home Loan EMI Calculator

Fullerton Housing Finance Home Loan EMI Calculator

Fill Loan Amount, Interest rate & Tenure in Fields & get Instant Calculation for Home loan emi within seconds.
Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Flat Interest Rate PA
Flat Interest Rate PM
Total Interest Amount
Yearly Interest Amount

Fullerton India Home Loan Eligibility

  • An Indian Resident.

  • Minimum age of applicant -21 years (Salaried) and 25 years (Self Employed).

  • Maximum age of applicant on loan maturity to be 65 years Salaried or self employed.

  • Salaried Individuals of Multinational Cos / Listed Public Ltd Cos / Govt.

  • Salaried Individuals of Private Ltd Cos / Closely held or unlisted companies / partnerships /proprietorship firms.

  • Self Employed Individual businessmen/ Sole Proprietorship.

  • Self Employed Professional – Doctors /Architect’s / CAs.

  • Private Limited Companies/ Closely held/ Unlisted Companies.

  • No guarantor is required.

Fullerton India Home Loan Documents Required

Salaried

✓ Application form with photograph .
✓ Age proof (PAN Card, Passport, any other certificate from a statutory authority)
✓ Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, any other certificate from a statutory authority)
✓ Salary slip of the last 3 months
✓ Form 16
✓ Last 3 years Income Tax returns
✓ Bank statements of the last 6 months
✓ Copy of Title Documents of the property, Approved Plan
✓ Processing fee cheque

Self-Employed

✓ Application form with photograph .
✓ Age proof (PAN Card, Passport, any other certificate from a statutory authority)
✓ Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, any other certificate from a statutory authority)
✓ Income Tax returns of the last 3 years duly certified by a CA
✓ Profit & Loss Account and Balance Sheet of the last 3 years
✓ Bank statements (self and business) of the last 6 months
✓ Copy of Title Documents of the property,
✓ Approved Plan Processing fee cheque

Fullerton Home Loan Prepayments

Under Floating Rate of Interest

Individual Borrowers (Primary and co-borrowers)

  • No prepayment charges for partial/full prepayment.

Non individual borrowers (Primary and /or co-borrower)

  • 0-12 MOB : 7% of the prepaid loan amount.

  • Above 12 MOB : 5% of the prepaid loan amount.

Under Semi Fixed rate of interest loan

For individual borrowers (Primary and co-borrowers)

  • 7% of the loan amount till the fixed rate tenor and no prepayment charges thereafter.

For Non-Individual borrowers (Primary and/or co-borrower)

  • 7% of the loan amount for the fixed rate tenor and 5% of the loan amount thereafter.

Under Fixed rate of interest loan

  • 0-60 MOB : 7% of the prepaid loan amount.

  • Above 60 MOB : 5% of the prepaid loan amount.