Fullerton India Home Loan
Fullerton India, an NBFC headquartered in Mumbai and established in 2007, offers a home loan with interest rates ranging from 9.35% to 16%. Loan amounts go up to ₹1 crore, with a maximum tenure of 360 months. As mandated by the RBI, no prepayment charge applies on floating-rate non-business loans. The lender finances up to 90% of the property value.
Documentation fees go up to ₹5,000, and application fees up to ₹10,000. Required documentation includes PAN, voter ID, driving licence, employee card, salary slips or Form 16 (or ITR), 6 months of bank statements, and Aadhaar or a utility bill as residence proof. Rate type, processing fee, minimum loan amount, minimum tenure, minimum CIBIL score, age limits, minimum salary, and employment type eligibility are not published for this product.
Documents required
- PAN
- voter ID
- DL
- employee card
- salary slips/Form16 or ITR
- 6mo bank stmt
- Aadhaar/utility bill(residence)
As published by Fullerton India. Your branch may ask for more.
Eligibility
The upper age limit is set so the loan closes by retirement.
Loan terms
- no prepay on floating non-business RBI-mandated
- up to 90% property value
- doc fee up to Rs5000
- app fee up to Rs10000
Fees & charges
Tax: principal up to ₹1.5L under 80C and interest up to ₹2L under 24(b) per year for a self-occupied home (subject to conditions). Confirm with a tax adviser.
FAQ
Most home loans are floating (EBLR/repo-linked). Floating-rate loans to individuals carry no foreclosure charge, so you can prepay freely — usually the better choice unless you specifically need rate certainty.
Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.
No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.