Fullerton online loan app is very popular among borrowers for its ample loan amount of Rs. 50,000 to Rs. 25 lakhs. If you require funds for a wedding, education, home renovation, vacation, or medical emergency, this loan amount must be enough to cover most planned or unplanned expenses. You just need to install the app on your smartphone and begin the application procedure.However, the lender takes several factors into consideration while determining an applicant’s loan amount. These include
- Credit score
- Financial obligations
- Income
- Employment
- Repayment history
Whatever loan amount you borrow, repayment will not become a financial burden due to flexible loan terms at the Fullerton India personal loan app. Choose a loan term between 12 and 60 months and repay the borrowed amount in easy EMIs convenient to your budget. A personal loan EMI calculator is an excellent tool to help you decide your loan tenure.
Before applying for a loan using the Fullerton quick loan app, use a personal loan eligibility calculator to see how much loan amount you may get. Applicants with a high credit score and low DTI ratio usually qualify for a higher loan amount at lower interest rates. Therefore, improving credit score and paying off existing debts are effective ways of increasing loan eligibility at the online loan app.
Additional Read: How an Instant Loan App Makes Loan Application Easier Than You Think
