Compare Lendingkart vs IDFC First Bank Business Loan
Bank |
SBI
HDFC Bank
ICICI Bank
RBL Bank
Tata Capital
Lendingkart
Bajaj Finserv
IIFL
Bank of Maharashtra
IndusInd Bank
Kotak Bank
Fullerton India
Ftcash
Indifi
Neogrowth
IDBI Bank
Yes Bank
Allahabad Bank
PNB
OBC
Indian Overseas Bank
Dhan Laxmi Bank
DCB Bank
Andhra Bank
United Bank of India
Corporation Bank
Syndicate Bank
Bank of Baroda
|
SBI
HDFC Bank
ICICI Bank
RBL Bank
Tata Capital
Bajaj Finserv
IDFC First Bank
IIFL
Bank of Maharashtra
IndusInd Bank
Kotak Bank
Fullerton India
Ftcash
Indifi
IDBI Bank
Neogrowth
Yes Bank
Allahabad Bank
PNB
OBC
Indian Overseas Bank
Dhan Laxmi Bank
DCB Bank
Andhra Bank
United Bank of India
Corporation Bank
Syndicate Bank
Bank of Baroda
|
---|---|---|
Interest Rate | Interest Rate 12.00% - 24.00% |
19.00% - 0.00% |
Processing Fees | Processing Fees 2% to 3% of loan amount |
2.00% |
Loan Amount | Loan Amount ₹ 50,000 to ₹ 1 Cr |
₹ 1 Lakh to ₹ 9 Lakh |
Loan Tenure | Loan Tenure 1 to 36 Months |
12 to 48 Months |
Lowest EMI Per Lakh | Lowest EMI Per Lakh ₹ 3,321 |
₹ 2,990 |
Part Payment Charges | Part Payment Charges Not Allowed |
Not Allowed |
Foreclosure Charges | Foreclosure Charges Allowed after 1 month at Nil foreclosure charges |
Allowed after 6 months at 4 - 5% |
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 ₹ 90,000 |
₹ 12 Lakh |
Customer Ratings (Read Reviews) | Customer Ratings (Read Reviews) 4.7/5.0 |
4.7/5.0 |
Compare Business Loan EMI of Lendingkart and IDFC First Bank
Loan Amount | Lendingkart | IDFC First Bank |
---|---|---|
₹ 1 Lakh | ₹ 3,321 | ₹ 2,990 |
₹ 5 Lakh | ₹ 16,607 | ₹ 14,950 |
₹ 10 Lakh | ₹ 33,214 | ₹ 29,900 |
₹ 15 Lakh | ₹ 49,821 | ₹ 44,850 |
Which is a better bank for Business Loan – Lendingkart or IDFC First Bank?
IDFC First Bank offers lower Business Loan EMI at Rs. 2990 for 48 Months compared to Lendingkart with a minimum EMI of Rs. 3321 for 36 Months. In addition, average customer ratings for IDFC First Bank is currently at 4.7/5.0, making it a good choice for taking a Business Loan.
How does Lendingkart Business Loan compare with IDFC First Bank Business Loan?
A detailed comparison of Lendingkart and IDFC First Bank 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:
Which bank offers a lower interest rate on Business Loan – Lendingkart or IDFC First Bank?
As per the current rates, Lendingkart offers a lower interest rate of 12.00% on loans compared to IDFC First Bank, which offers a Business Loan at 19.00%.
Know all about Business Loan
Know more about Lendingkart Business Loan
Know more about IDFC First Bank Business Loan
Compare Lendingkart Business Loan With Other Banks
Compare IDFC First Bank Business Loan With Other Banks
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