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Compare Business Loan - Lendingkart vs Ftcash

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Bank
Parameters
Interest Rate
Interest Rate
18.00% - 24.00%
18.00% - 24.00%
Processing Fees
Processing Fees
2% of loan amount
2% of loan amount
Loan Amount
Loan Amount
₹ 50,000 to ₹ 1 Cr
₹ 50,000 to ₹ 1 Cr
Loan Tenure
Loan Tenure
1 to 36 Months
1 to 36 Months
Lowest EMI Per Lakh
Lowest EMI Per Lakh
₹ 3,615
₹ 3,615
Part Payment Charges
Part Payment Charges
Not Allowed
Not Allowed
Foreclosure Charges
Foreclosure Charges
Allowed after 1 month at Nil foreclosure charges
Allowed after 1 month at Nil foreclosure charges
Eligible Age
Eligible Age
21 to 65 Years
21 to 65 Years
Minimum Years in Business Required
Minimum Years in Business Required
12 Months
12 Months
Minimum Turnover Required
Minimum Turnover Required
₹ 6 Lakh
₹ 6 Lakh
Customer Ratings (Read Reviews)
Customer Ratings (Read Reviews)
4.7/5.0
4.7/5.0
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Compare EMI of Lendingkart and Ftcash Business Loan

Loan Amount Lendingkart Ftcash
₹ 1 Lakh ₹ 3,615 ₹ 3,615
₹ 5 Lakh ₹ 18,076 ₹ 18,076
₹ 10 Lakh ₹ 36,152 ₹ 36,152
₹ 15 Lakh ₹ 54,229 ₹ 54,229

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

Ftcash and Lendingkart offer Business Loan at the same rate of interest starting from 18.00%. Lowest EMI of Ftcash is 3615 for a maximum tenure of 36 Months. Lowest EMI of Lendingkart is Rs. 3615 for a maximum tenure of 36 Months.

How does Ftcash Business Loan compare with Lendingkart Business Loan?

A detailed comparison of Ftcash and Lendingkart 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 Ftcash and Lendingkart Business Loan is 18.00%. Hence, both banks are at par in terms of interest rate on Business Loan
  • When compared on other Business Loan charges such as processing fees, Lendingkart charges a processing fees of 2% of loan amount while Ftcash charges a processing fees of 2% of loan amount.
  • One feature that makes Business Loan a better option is foreclosure facility. Ftcash and Lendingkart gives the option to close the loan after 1 months at Nil foreclosure charges and Nil foreclosure charges. This makes Ftcash a better option for Business Loan.
  • Ftcash and Lendingkart offer a business loan if your business has completed 12 months. Hence, Ftcash and Lendingkart both can be a preferred choice for relatively new enterprises.
  • Ftcash with an average customer ratings of 4.7 is equally comparable to Lendingkart with an average customer rating of 4.7. Hence, the customer can expect the same kind of service levels from these banks.

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

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

Know all about Business Loan

Know more about Lendingkart Business Loan

Know more about Ftcash Business Loan

Compare Lendingkart Business Loan With Other Banks

Compare Ftcash Business Loan With Other Banks

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*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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