Apply for Fullerton India Bank Business Loan Back

Tenure Range

2 to 5 Years

Processing Fee

2% to 3%

Interest Rate Range

15% onwords

Rs.

Fullerton India Bank Business Loan Interest Rate 2018

Fullerton India Business Loan Interest Rate 2018
Interest Rate15% onwords
Processing Charges2% to 3%
Loan Tenure2 to 5 Years
Loan Amount 3 Lakhs to 1 Crore
Cheque Bounce ChargesRs 30
Cheque / Instrument Swap ChargesRs 500
Prepayment or Foreclosure ChargesAllowed after 6 EMI's, Prepayment charges vary by months: upto 17 months - 7%, 18-23 months - 5%, 24-35 months - 3%

Documents for Fullerton India Bank Business Loans

Following documents are required for loan approval -

Know your customer (KYC) formalities:

  • Application form with a recent photograph
  • Proof of Identity (Passport Copy/ Voter ID card/ Driving License/ PAN Card)
  • Address Proof (Ration card/ Telephone Bill/ Electricity Bill/ Rental agreement / Passport copy/ Bank Passbook or Statement/Driving License)
  • Age proof (PAN Card, Passport, any other certificate from a statutory authority)
  • Proof of business existence
  • Bank Statements (Bank statement / Bank Passbook for last 6 months)
  • Profit and loss statement for last 3 years
  • Balance sheet for last 3 years
  • Income Tax Returns for last 3 years (for self and business) duly certified by a CA
  • Processing fee cheque