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Compare Ftcash vs Bajaj Finserv Business Loan

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Bank
Interest Rate
Interest Rate
18.00% - 24.00%
18.00% - 22.00%
Processing Fees
Processing Fees
2% of loan amount
Upto 2% of loan amount
Loan Amount
Loan Amount
₹ 50,000 to ₹ 1 Cr
₹ 5 Lakh to ₹ 30 Lakh
Loan Tenure
Loan Tenure
1 to 36 Months
12 to 48 Months
Lowest EMI Per Lakh
Lowest EMI Per Lakh
₹ 3,615
₹ 2,937
Part Payment Charges
Part Payment Charges
Not Allowed
Allowed after 1 month at 2%
Foreclosure Charges
Foreclosure Charges
Allowed after 1 month at Nil foreclosure charges
Allowed after 1 month at 4%
Eligible Age
Eligible Age
21 to 65 Years
25 to 65 Years
Minimum Years in Business Required
Minimum Years in Business Required
12 Months
36 Months
Minimum Turnover Required
Minimum Turnover Required
₹ 6 Lakh
₹ 12 Lakh
Customer Ratings (Read Reviews)
Customer Ratings (Read Reviews)
4/5.0
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Compare Business Loan EMI of Ftcash and Bajaj Finserv

Loan Amount Ftcash Bajaj Finserv
₹ 1 Lakh ₹ 3,615 ₹ 2,938
₹ 5 Lakh ₹ 18,076 ₹ 14,688
₹ 10 Lakh ₹ 36,152 ₹ 29,375
₹ 15 Lakh ₹ 54,229 ₹ 44,062

Which is a better bank for Business Loan – Bajaj Finserv or Ftcash?

Bajaj Finserv offers lower Business Loan EMI at Rs. 2937 for 48 Months compared to Ftcash with a minimum EMI of Rs. 3615 for 36 Months. In addition, average customer ratings for Bajaj Finserv is currently at 4/5.0, making it a good choice for taking a Business Loan.

How does Bajaj Finserv Business Loan compare with Ftcash Business Loan?

A detailed comparison of Bajaj Finserv and Ftcash Business Loan on various terms and conditions highlight key differences in their offerings and allows the customer to take an choose the best bank for Business Loan. Results of a comparative analysis between both banks highlight that:

  • Lowest Interest rate of Bajaj Finserv and Ftcash Loan is 18.00%. Hence, both banks are at par in terms of interest rate on Business Loan
  • Compared to other Business Loan charges such as processing fees, Ftcash charges a processing fee of 2% of loan amount, while Bajaj Finserv charges a processing fee of Upto Upto 2% of loan amount.
  • Ftcash offers Business Loan upto an amount of ₹ 1 Cr, while Bajaj Finserv offers Loan upto an amount of ₹ 30 Lakh. Therefore, Ftcash can be a better option if you are looking for a high value amount.
  • One feature that makes Business Loan a better option is the foreclosure facility. Bajaj Finserv and Ftcash gives the option to close the loan after 1 months at 4% and Nil foreclosure charges. This makes Bajaj Finserv a better option for Business Loan.
  • Bajaj Finserv allows part payment on Business Loan after 1 months at 2%, while Ftcash does not offer a part payment facility. This makes Bajaj Finserv a better option for customers who want to retain the flexibility of reducing their loans whenever they have surplus funds available.
  • Ftcash gives business loan at a minimum turnover of ₹ 6 Lakh. However, the turnover requirement for a business loan from Bajaj Finserv is ₹ 12 Lakh. Hence, small businesses may find is easier to get a loan from Ftcash.
  • Ftcash can be a better option if you are looking for fund requirements after 12 months. Bajaj Finserv offers a business loan once if business is 36 months old. Hence, Ftcash should be a preferred choice for relatively new enterprises.
  • Bajaj Finserv has an average customer rating of 4. In contrast, has an average customer rating of , based on which it is clear that Bajaj Finserv has a high customer service focus, an easy process and a quick turnaround.

Which bank offers a lower interest rate on Business Loan – Bajaj Finserv or Ftcash?

The lowest interest rate for both Bajaj Finserv and Ftcash on loans currently starts from 18.00%. Hence, both banks are a good choice for potential borrowers.

Know all about Business Loan

Know more about Ftcash Business Loan

Know more about Bajaj Finserv Business Loan

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    HDFC has opened its first all-women branch in Kozhikode. The branch, located in Cherootty Road, the hub of traders in the district, will have 4 women bankers. HDFC Bank is driving diversity and inclusion within the organization with a special focus on enhancing gender diversity.
  • 2022-08-18 : CCI`s nod to the merger of HDFC Bank, HDFC Ltd.
    The Competition Commission of India (CCI) has approved the proposal of merger of HDFC Bank and HDFC Ltd. Commission`s positive response to the combination involving amalgamation of HDFC Limited, HDFc Bank, HDFC Investments and HDFC Holdings.
  • 2022-05-13 : South Indian Bank Posts all-time High Net Profit in Q4
    The Bank has posted an all-time high net profit of ₹272 crores for Q4 in FY 22 against ₹6.79 crores during the corresponding period of the previous year.
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    Housing Development Finance Corporation has reported a 16% year-on-year rise in its standalone net profit for the March quarter to Rs 3,700 crore on the back of strong growth in loans and net interest income (NII).
*Terms and conditions apply. Credit at sole discretion of lender, which is subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and collected from public sources. Read More
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