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If you are willing to close your Fullerton India Personal loan, then there is no need for a guarantor. The best part of taking a personal loan from Fullerton India is that an individual is able to utilize personal loan for multiple numbers of personal purposes and there are no restrictions also. The funds that have been availed can be for the purpose of meeting the expenses related to medical, travel, etc.
How to Close Fullerton Personal Loan through Creditseva
Creditseva will provide you with the complete assistance in gaining the right knowledge for the correct execution of a proper loan closure process.
Procedure for Closing a Fullerton Personal Loan
1. The pre-closure charges are 7%. These are calculated on the principal amount that is outstanding.
2. The pre-closure charges are 5% of the principal amount that is outstanding from the period of 18 to 23 months. There are additional Service Taxes also applicable.
3. The pre-closure charges are 3% of the principal amount that is outstanding from the period of 24 to 35 months.
4. After 35 months, there are no pre-closure charges that are applicable.
5. Your Fullerton Personal Loan can be foreclosed after a period of 6 months.
6. There is no pre-closure allowed in the first year.
Details to be filled in the Loan Closure Request Letter
1. Full Name Of the Borrower
2. Email id of the Borrower
3. Mobile Number of the Borrower
4. Personal Loan Account Number of the Borrower.
It is actually a known fact that a personal loan is the best option to fulfil all your personal requirements and needs but it is important that you close your Fullerton personal loan at the earliest. So if you are willing to close your Fullerton Personal Loan, Creditseva will provide you with proper guidance in closing your Fullerton Personal Loan without any complications by providing the required information and support.
Closing a Fullerton Personal Loan can be done in a smooth and hassle free manner by following the guidelines specified by the expert opinion of Creditseva. The tools and apps provided by Creditseva make it simple to close loans and stay credit healthy.
Fullerton Personal Loan Closure FAQ’s:
1. What are the Prepayment charges for a Fullerton Personal Loan?
Pre-payment of Fullerton Personal loan is not allowed. It is allowed only after 6 EMIs are paid
2. What are the charges for an early foreclosure of Fullerton Personal Loan?
The foreclosure for a Fullerton Personal Loan can be done only after 12 EMIs are paid.
3. What will happen If in spite of closing my Fullerton Personal Loan, it is showed as settled on the credit report?
If it is shown as settled even after you have closed your Fullerton Personal Loan, it will negatively impact your credit score.
4. What is the difference between closing and settling a Fullerton Personal Loan?
Closing a Fullerton Personal Loan implies that all your payments have been made properly. Settling a Fullerton Personal Loan means that you have made an agreement with the lender, to pay some part of your dues and you will not be called or forced by the lender to pay the amount that is balance.
Personal Loan Closure By Banks
- How to Close Personal Loan
- Axis Bank Personal Loan Closure
- Andhra Bank Personal Loan Closure
- HDFC Bank Personal Loan Closure
- ICICI Bank Personal Loan Closure
- SBI Personal Loan Closure
- Citibank Personal Loan Closure
- Bank of Baroda Personal Loan Closure
- Capital First Personal Loan Closure
- Allahabad Bank Personal Loan Closure
- Fullerton Personal Loan Closure
- IDBI Bank Personal Loan Closure
- IndusInd Bank Personal Loan Closure
- Standard Chartered Bank Personal Loan Closure
- Tata Capital Personal Loan Closure
- Union Bank Personal Loan Closure
- Bajaj Finserv Personal Loan Closure
- Kotak Bank Personal Loan Closure
- Yes Bank Personal Loan Closure
- SBH Personal Loan Closure
- HSBC Personal Loan Closure
- Oriental Bank Personal Loan Closure
- RBL Bank Personal Loan Closure
- PNB Personal Loan Closure
- J&K Bank Personal Loan Closure
- IOB Personal Loan Closure
- Karur Vysya Bank Personal Loan Closure