Getting a personal loan to fulfill any financial needs in your life that do not mandate redeeming of savings or investments is an astute financial choice. You could take a personal loan to handle medical emergencies, weddings, vacations, or perhaps debt consolidation purposes. The thing is, the best part, it serves multiple purposes.
Fullerton India personal loan app named ‘Instaloan’ has simplified the process of obtaining a personal loan. This has been much more convenient. Fullerton India’s mobile application is quite in trend nowadays and borrowers easily accept the fact that the mobile application of Fullerton India is quite simple to operate and due to this, a loan application submitted almost immediately gets approved.
The instant loan app is downloadable from all major application stores. Be it your Android or an IOS gadget; you can quickly download the Fullerton India personal loan app at no charge whatsoever. First of all, make sure you fall into one of the categories which are either being a salaried individual or a self-employed individual, and get the funds needed to finance any travel, wedding, or simply manage health emergency through an online loan application process.
How has the Fullerton India personal loan app made the process of obtaining a loan easier?
Fullerton India’s online loan app is customer-centric and has been designed keeping in mind its customer’s convenience.
Easy to use
Nearly anyone, anywhere, who has no idea whatsoever as to how the technology works, may navigate the interface of the instant loan app. You will need to download the app on your phone; then, you will be taken through several steps such as creating an account, filling up the details, and uploading the documents.
After clicking on the submit button on the application, you will be taken to another page where your eligibility details are available. If you’re eligible, then you can just go ahead and apply for it. The whole process of how to apply for a personal loan is short, simple, and speedy. In a few minutes, you may apply and follow up easily afterward.
Hassle-free documentation process
Another reason why the borrowers love the online loan app of Fullerton India is that it is a paperless hassle-free process. You can fill in your details and upload documents as required.
The necessary documents are:
Proof of identity: Voter ID Card, Passport, Aadhar Card, PAN Card, etc.
Proof of address: Passport Voter ID Card, Passport, Aadhar Card, Bank passbook, rent agreement, or Utility bill.
Proof of age: Passport, Aadhaar Card, Voter ID Card, or School Admit Card.
If salaried person, submit the salary slips of the last three months and six months’ bank statements. The same will apply to a self-employed individual who will be submitting copies of ITR and two years of audited financials.
Eligibility criteria
The eligibility for getting a full-time personal loan with the Fullerton India instant loan app is given as follows:
- You need to be an Indian citizen and a working employee of a firm or a self-employed individual.
- You must be between 21 and 60 years of age.
- Salaried person: You need to have a net income of Rs. 25000 in case you are staying in Delhi and Mumbai or Rs. 20000 in case you are from other parts of the country.
Digital loan process
Fullerton India’s online loan app ensures that 100% of the loan application process is digitally executed, with no paper form required. Therefore, you are able to key in your information, upload all the documents that you need for submission, place your application request, and access the loan disbursed into your bank account at your home or office. In addition, this process does not require you to visit any branches as you may conveniently complete everything from the comfort of the application.
How to apply for a personal loan through the instant loan app?
Follow the below simple steps to easily make your personal loan application in a very convenient manner.
Search in your phone’s app store for the ‘Fullerton India Instaloan app’
- Download the Fullerton India personal loan app to your phone and install it.
- You can register to the app either by using your social media account, such as Facebook or Google account or by creating a new login ID.
- Fill in your details such as name, address, date of birth, gender, marital status, and contact information.
- Fill in your employment or income information. It can include information regarding your salary and the name of your employer, among others.
- Add your account information to a bank (is required for further transfer after your approval).
- You will then need to upload your requisite documents.
- Click submit to deliver your application.
After submitting your loan application, you can easily monitor the status of your loan through the application. Once your loan application gets approved by Fullerton India, the sanctioned amount gets credited into your registered bank account within 24 hours.
