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Compare Ftcash vs PNB Business Loan

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Interest Rate
Interest Rate
18.00% - 24.00%
12.65% - 15.65%
Processing Fees
Processing Fees
2% of loan amount
1.8% + taxes
Loan Amount
Loan Amount
₹ 50,000 to ₹ 1 Cr
₹ 50,000 to ₹ 15 Lakh
Loan Tenure
Loan Tenure
1 to 36 Months
12 to 60 Months
Lowest EMI Per Lakh
Lowest EMI Per Lakh
₹ 3,615
₹ 2,257
Part Payment Charges
Part Payment Charges
Not Allowed
Allowed after 0 months at Nil prepayment charges
Foreclosure Charges
Foreclosure Charges
Allowed after 1 month at Nil foreclosure charges
Allowed after 0 months at Nil prepayment charges
Eligible Age
Eligible Age
21 to 65 Years
21 to 58 Years
Minimum Years in Business Required
Minimum Years in Business Required
12 Months
12 Months
Minimum Turnover Required
Minimum Turnover Required
₹ 6 Lakh
₹ 0
Customer Ratings (Read Reviews)
Customer Ratings (Read Reviews)
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Compare Business Loan EMI of Ftcash and PNB

Loan Amount Ftcash PNB
₹ 1 Lakh ₹ 3,615 ₹ 2,257
₹ 5 Lakh ₹ 18,076 ₹ 11,287
₹ 10 Lakh ₹ 36,152 ₹ 22,574
₹ 15 Lakh ₹ 54,229 ₹ 33,861

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

PNB offers lower Business Loan EMI at Rs. 2257 for 60 Months compared to Ftcash with a minimum EMI of Rs. 3615 for 36 Months. In addition, average customer ratings for PNB is currently at 3.8/5.0, making it a good choice for taking a Business Loan.

How does PNB Business Loan compare with Ftcash Business Loan?

A detailed comparison of PNB 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 PNB Loan is 12.65%, which is lower than the lowest interest rate of Ftcash at 18.00%. Hence, PNB is offering a cheaper loan option.
  • Compared to other Business Loan charges such as processing fees, Ftcash charges a processing fee of 2% of loan amount, while PNB charges a processing fee of Upto 1.8% + taxes.
  • Ftcash offers Business Loan upto an amount of ₹ 1 Cr, while PNB offers Loan upto an amount of ₹ 15 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. PNB gives the option to close the loan after Zero months at Nil prepayment charges and Ftcash gives the option to close the loan after 1 months at Nil foreclosure charges. This makes PNB a better option for Business Loan.
  • PNB allows part payment on Business Loan after Zero months at Nil charges, while Ftcash does not offer a part payment facility. This makes PNB a better option for customers who want to retain the flexibility of reducing their loans whenever they have surplus funds available.
  • PNB gives business loan at a minimum turnover of ₹ 0 . However, the turnover requirement for a business loan from Ftcash is ₹ 6 Lakh. Hence, small businesses may find is easier to get a loan from PNB.
  • Ftcash and PNB offer a business loan if your business has completed 12 months. Hence, Ftcash and PNB both can be a preferred choice for relatively new enterprises.
  • PNB has an average customer rating of 3.8. In contrast, has an average customer rating of , based on which it is clear that PNB has a high customer service focus, an easy process and a quick turnaround.

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

As per the current rates, PNB offers a lower interest rate of 12.65% on loans compared to Ftcash, which offers a Business Loan at 18.00%.

Know all about Business Loan

Know more about Ftcash Business Loan

Know more about PNB Business Loan

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