Fullerton India launches Diwali offer for the Loan Against Property (LAP) product - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Wednesday, October 11, 2017

Fullerton India launches Diwali offer for the Loan Against Property (LAP) product



Fullerton India launches Diwali offer for the Loan Against Property (LAP) product

 The lucrative offer extends twin benefits of 50% waiver of processing fees and 3 EMI refund

A limited period offer till 26th October at select locations ~

Fullerton India Credit Company Limited (Fullerton India), a leading non-banking financial company with a strong pan-India presence, is launching a special festive offer on their Loan against Property in Hyderabad, available for a limited period till 26th October, 2017. The offer gives the borrower access to a lucrative 50% waiver on processing fees as well as a 3 EMI refund.

This loan can be availed of, by both salaried and self-employed persons, professionals to SMEs. With the ticket size ranging from Rs. 25 lacs to Rs. 12.5 crores, the offer can be availed through Fullerton India’s Hyderabad branch located at Begumpet.



Talking about this festive offer, Mr. Rakesh Makkar, Executive Vice President and Head – Business, Marketing and CSR, Fullerton India said, “In our endeavour to bring more people under organised credit, we are pleased to extend customer-friendly offers on our loans. Through our Loan Against Property, we help our borrowers realise the unlocked potential of their properties. Typically, we have noticed a spike in demand for such loans ahead of the festive season. Hence, we have introduced various offers this season with an aim to enable customers plan their finances and expenses, to the fullest.”

Fullerton India has been committed to improving customer experience through the developments of its digital assets. The company recently announced the launch of Fullerton India ASHA – a self-learning chatbot available on Facebook messenger, which provides an interactive medium for customers to apply, submit documentation and receive loan approvals. Bio-metric authentication processes and transaction devices are some of the other unique initiatives introduced by the company in India. Mr. Makkar added, “At Fullerton India, we focus heavily on introducing various digital solutions to offer superior customer experience. Along with the offline modes, customers can also avail loans from us through our various digital platforms.”   


About Fullerton India Credit Company Limited:

Fullerton India Credit Company Limited (Fullerton India) is one of India’s leading Non-Banking Finance Companies (NBFC). The total revenue of the company for the fiscal year ending March 2017 stood at Rs. 1,608 crore. As on 30th June 2017, the AUM of the company stood at Rs. 11,752 crore, serving 15.2 lakh customers through a widespread network of 526 branches spread across 22 states and 3 union territories, reaching out to 600 towns and over 51,000 villages in the country. Fullerton India offers several retail finance products for varying needs of customers ranging from rural households to SMEs, in the locations it serves. In February 2016, Fullerton India launched its housing finance company – Grihashakti. The company is headquartered in Mumbai and operates through 47 branches spread across 9 states – Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu, Andhra Pradesh, Telangana and West Bengal. Fullerton India is a wholly-owned subsidiary of Fullerton Financial Holdings, Singapore, which is again a subsidiary of Temasek Holdings, Singapore
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For further information kindly contact:

·Weber Shandwick | Daylon Dcruz | Tel: +91-9820795501, Email: ddcruz@webershandwick.com  


· Fullerton India | Ayoshmita Biswas | Tel: +91 22-4224 1450, Email: communications@fullertonindia.com
Fullerton India launches Diwali offer for the Loan Against Property (LAP) product Reviewed by S. Chitra on October 11, 2017 Rating: 5 Fullerton India launches Diwali offer for the Loan Against Property (LAP) product  The lucrative offer extends twin benefits of 50%...

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