Fullerton India Home Loan Highlights 2022
Interest rates	7.99% p.a. onwards
Loan amount	Up to 90% of the property value
Repayment tenure	Up to 30 years
Processing fee	Up to 3% of the loan amount

Fullerton Home Loan Interest Rates

Fullerton India offers home loans at fixed and variable rates starting from 7.99% p.a.

Compare Fullerton Home Loan Interest Rates vs Other Lenders

Name of Lender	Up to 30 Lakh	Above 30 Lakh & up to 75 Lakh	Above 75 Lakh
SBI Home Loan	7.55-8.55	7.55-8.45	7.55-8.45
HDFC	7.55-8.75	7.55-9.00	7.55-9.10
Axis Bank	7.60-12.50	7.60-12.50	7.60-8.05
ICICI Bank	7.60-8.20	7.60-8.35	7.60-8.45
Kotak Mahindra Bank	7.50 onwards	7.50 onwards	7.50 onwards
PNB Housing Finance	7.50–16.75	7.50–16.75	7.60–10.70
Punjab National Bank	7.45-8.85	7.40-8.55	7.40-8.50
Bank of Baroda	7.45-8.95	7.45-8.95	7.45-9.20
Union Bank of India	7.40- 9.15	7.40- 9.15	7.40- 9.35
IDFC First Bank	7.50 onwards	7.50 onwards	7.50 onwards
L&T Housing Finance	7.20-8.20	7.20-8.20	7.20-8.20
Bajaj Housing Finance	7.20 onwards	7.20 onwards	7.20 onwards
Godrej Housing Finance	7.49-10.99	7.49-10.99	7.49-10.99
Tata Capital	7.75 onwards	7.75 onwards	7.75 onwards
LIC Housing Finance	7.50-8.60	7.50-8.80	7.50-9.00

Fullerton India Home Loan Fees and Charges

Processing fee

Processing fee

Up to 3% of the loan amount

 Application fee

For loan amount less than or equal to Rs 10 Lakh	Rs 2,500
For loan amount more than Rs 10 Lakh and less than or equal to Rs 25 Lakh	Rs 3,500
For loan amount more than Rs 25 Lakh and less than or equal to Rs 50 Lakh	Rs 4,500
For loan amount more than Rs 50 Lakh	Rs 6,500

Foreclosure/Prepayment charges

Individual borrowers on Floating rate   (home should be on individual name and end use should be for buying home, self construction, plot + construction, extension, improvement or renovation of home)	NIL
Non-individual borrowers on Floating rate (home should be on non-individual name)	NIL
Fixed rate (own funds)	0-12 months: 7% of the amount prepaid More than 12 months: 5% of the amount prepaid

Other fees and charges

Documentation charges (only for disbursed cases)	For loan amount less than or equal to Rs 25 Lakh: Rs 1,500
	For loan amount more than Rs 25 Lakh: Rs 3,000
Stamp fees and charges	As per state laws + 5% stamping amount
Rate of interest conversion fee	Up to 1% of the outstanding principal amount
Cheque/ECS/NACH bounce charges	Rs 500 per instance
Swap charges	Rs 600 per swap instance
CERSAI Charges	For loans up to Rs 5 Lakh: Rs 110
	For lons more than Rs 5 Lakh: Rs 210
Penal interest	Up to 2% per month of overdue EMI from the relevant due date until the date of actual payment
Part disbursal/per tranche fee	Rs 600 per tranche
Disbursement cheque cancellation and reissuance charges	Rs 1,000 per instance
Collection of cheque/cash (per collection)	Rs 500
Application fees/IMD fees for rural cases	Rs 2,000

Types of Fullerton India Home Loan

• Home Construction Loan
  Purpose: To arrange funds for the construction of a residential house.
• Home Extension Loan
  Purpose: To arrange finances to extend the space in your home like adding more floors or new rooms.
• Home Renovation Loan
  Purpose: To arrange funds to carry out home improvement expenses such as painting, plastering, major repairs and more.
• Home Loan Balance Transfer
  Purpose: To transfer outstanding home loan balance from one lender to another and avail top-up on home loan.
• Home Purchase Loan
  Purpose: To purchase a bungalow, flat or any type of property from Housing Development Authorities.
• Home Loan for Working Women
  Purpose: To help working women purchase their dream home. A co-applicant or guarantor is mandatory for availing this loan.

Fullerton India Home Loan Eligibility Criteria

For salaried applicants:

• MNCs/Listed Public Limited Companies/Government Organizations
• Private limited organizations/unlisted or closely held companies/partnerships/proprietorship firms

For self-employed applicants:

• Individual Businessmen/Sole Proprietorship
• Professionals- Doctors/Architects/CAs/Consultants, etc.
• Partnership firms
• Private limited organizations/Unlisted or Closely held companies

Fullerton India Home Loan Documents Required

Identity Proof

• PAN Card
• Voter ID
• Driving License
• Employee Card (additional document for salaried)

Residence Proof

• Aadhaar card
• Latest electricity bill/piped gas monthly bill
• Ration card
• Property tax/water bill

Income Proof

• For salaried applicants:
  • Last 3 month’s salary slip
  • 2 years’ Form 16
  • 6 months bank statement with salary credits
• For self-employed applicants:
  • Last 2 years ITR with computation
  • CA audited financial, wherever applicable
  • 6 months primary bank statement

Fullerton Home Loan EMI Calculator