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Ftcash Business Loan May 2022

Ftcash Business Loan Interest Rates India

Last Updated 19th Jan 2021

Ftcash offers Business Loan starting at interest rate of 18.00%. The rates vary by loan amount, occupation and type of loan availed. Check Best Offers

Interest Rate 18.00%
Processing Fee 2% of loan amount
Tenure From 1 months to 36 months
Lowest EMI per lakh ₹ 3,615
Loan Amount Min ₹ 50,000 and Max ₹ 1 Cr
Part Payment Facility Not allowed
Foreclosure Facility Allowed after 1 EMI's, Nil foreclosure charges

Offers special business loan for retailers

Apply for Business Loan @ 14.00%*

Ftcash Business Loan Details

Ftcash offers multiple business loan products for self-employed professionals and non-professionals at low rates. Below-mentioned are the details of the business loan Ftcash.

Key Features of Ftcash Business Loans
  • Purpose of Loan: You can avail Ftcash business loan to expand or modernise your business, purchase assets, set up new units etc.
  • Loan available for self employed professionals and non-professionals.
  • Borrowers within the age group of 21 and 65 years can avail Ftcash business loan.
  • Security: Both Secured & Unsecured
  • Loan Tenure can range from 1 to 36 years.
  • Ftcash business loan interest rates are in the range of 18.00% to 24.00%.
  • Ftcash Bank business loan EMI per lakh starts from ₹ 3,615.
  • Processing Fee: 2% of loan amount

What are the Features and Benefits of Ftcash Business Loan?

You can apply for Ftcash business loan to expand your business or for working capital requirements such as purchasing machinery, paying salaries etc. Some of the benefits and features that Ftcash business loans offer to the borrowers are listed as follows:

  • Offers special business loan for retailers
  • Easy and simple documentation plus quick loan disbursal
  • No collateral security required
  • Facility of automated daily and weekly payment

Factors affecting Ftcash Business Loan Rates

There are multiple factors on which Ftcash calculates your interest rate. Some of these factors are -

Loan amount

Business loan rate in Ftcash depends upon the loan amount you apply for. Higher the loan amount, lesser will be the interest rate. Bank gives loan of minimum ₹ 50,000 to upto ₹ 1 Cr. Interest rate for high loan amounts can be lower resulting in lower EMIs.


Ftcash offers business loans at higher interest rate if your CIBIL score is low or vice versa. However, to get a loan from Ftcash, your CIBIL score should be at least 700. Higher the CIBIL Score, higher the chances of getting a loan at lowest business loan interest.


Ftcash will offer you a loan at a lower interest rate if you have higher monthly revenue. Bank gives loan to the borrowers whose annual turnover is at least ₹ 6,00,000

Time in Business

Ftcash offers loans at lower rates if you have significant business experience. Minimum business existence to get a business loan from Ftcash is 12 months.

Lowest Ftcash Business Loan Interest Rates

Currently, the lowest business loan rate offered by Ftcash starts at 18.00%. There has been no change in the lowest interest rate of Ftcash business loan interest rate for a long time and the interest rate continues to be in the range of 18.00% to 24.00%.

Ftcash Business Loan Rate Trends of Last 1 Year

Last Updated Date Interest Rates

Ftcash Business Loan Eligibility Criteria

To avail Ftcash business loan, you need to fulfill the eligibility criteria as mentioned below:

  • Age : Ftcash offers business loan to those who are at least 21 years old at the time of loan approval and maximum 65 years at the time of loan maturity.
  • Loan Amount : Based on the loan amount eligibility, Ftcash gives you loan amount ranging from ₹ 50,000 to ₹ 1 Cr. To improve chances of approval, apply for a loan amount that you can comfortably service.
  • Profitability and Revenue : Ftcash requires profit for minimum 2 years and minimum business turnover of ₹ 6,00,000.
  • Business Stability : Ftcash requires a minimum business track record of 12 months. The bank will also look for minimum growth in sales for the last three year. A decline in sales for a certain period or below a certain limit might impact your eligibility to get a loan.
  • ITR and Banking : Ftcash gives loan only after checking your income tax return and bank statements. The bank requires you to submit your ITR details and bank statements for a minimum of 0 months & 12 months respectively.
  • CIBIL Score : Ftcash will check your repayment history for all current and past loans and credit cards. The Bank advises you to maintain a score of 750 and above to get loan approval.

Ftcash Business Loan Fees and Charges

In addition to interest rates, business loan also carry some other charges which include:

  • Foreclosure Charges : These charges are to be paid in case you want to repay your entire loan amount before the end of tenure period. Ftcash allows prepayment of loan after paying 1 EMI’s with prepayment charges - Nil foreclosure charges
  • Processing Fee : Ftcash asks for a processing fee of 2% of loan amount with applicable service tax

Documents Required for Ftcash Business Loan

To apply for Ftcash business loan, you need to submit the following documents:

  • Address proof of individual: Aadhaar Card, Voter’s ID Card, Bank statement, registry copy, rent agreement , utility bills
  • Identity proof of individual: Passport, Driving License, PAN Card, Aadhaar Card, Voter’s ID Card
  • Business existence proof: PAN, sales tax/ excise/ VAT/ service tax registration, copy of partnership deed, trade license, certificate of practice, registration certificate issued by RBI, SEBI
  • Copy of Income Tax PAN for 24 months
  • Bank statement of last 6 months

Ftcash Business Loan Eligibility Calculator

You can calculate your eligibility for Ftcash business loan using an online Ftcash business loan eligibility calculator. It is an online tool that gives you an estimate about your loan eligibility, amount of loan and the best interest rate offer you can avail. It calculates the business loan eligibility on multiple factors. These factors include age, loan amount, loan tenure and Income etc. to calculate the loan amount eligibility of its borrowers.

How to Apply Ftcash Business Loan Online at MyLoanCare?

  • In order to get the best offers on a business loan and compare Ftcash business loans with other banks, you can apply online through MyLoanCare here.  
  • MyLoanCare will give you a detailed comparison of business loan schemes of all banks, calculate your business loan eligibility and connect you to the customer representatives of the  Ftcash.
  • Further, you will also be assisted by a dedicated MyLoanCare loan executive who will ensure that the process of getting a loan is smooth, convenient and quick.


Why to take business loan from Ftcash?

Ftcash is one of the largest NBFCs sector banks in the country that provides lowest business loans starting at 18.00%. The bank also charges a low processing fee starting from 2% of loan amount. Along with that, the bank also offers special business loan schemes such as , & etc.

Has Ftcash reduced the business loan interest rate?

Currently, the lowest business loan rate offered by Ftcash starts at 18.00%. There has been no change in the lowest interest rate of Ftcash business loan interest rate for a long time and the interest rate continues to be in the range of 18.00% to 24.00%.

What is the interest charged on Ftcash business loan?

Ftcash offers business loans at attractive rates ranging from 18.00% to 24.00%.The bank also provides various customised offers for self employed professionals to get loan at a very low rate of interest.

What is the lowest EMI per lakh on business loan from Ftcash?

If you apply for loan from Ftcash, your lowest EMI per lakh will be ₹ 3,615.You can calculate your EMI on business loan for different tenures at min business rate starting at 18.00% using MyLoanCare business loan EMI calculator.

What is the minimum and maximum tenure of business loan in Ftcash?

These loans are shorter tenure loans. You can repay your loan in a flexible period of minimum 1 months to maximum 36 months.

How much business loan amount I can borrow from Ftcash?

Ftcash offers you business loan for loan amount ranging from ₹ 50,000 to a maximum amount of ₹ 1 Cr. Loan amount eligibility in Ftcash further depends upon your income, and repayment capability.

What is the processing fee charged by Ftcash on business loan?

Ftcash charges a processing fee 2% of loan amount with applicable tax.The processing can be negotiated if you are an existing customer or have a good track record.

Is age an eligibility factor to get loan for business from Ftcash?

Yes, age is an important eligibility factor to get a business loan as you should be at least 21 years old at loan approval time and 65 years old at loan maturity time.

What are the prepayment charges on business loan from Ftcash?

Bank charges a prepayment fee in case you want to repay your entire loan amount before the end of tenure period. The fee charged by Ftcash is Nil foreclosure charges.

What are the business products offered by Ftcash?

Ftcash offers various business products for self-employed professionals and non-professionals. These are listed below:

What is the time period of repayment of business loans in Ftcash?

Ftcash provides business loans for a maximum tenure of 36 years. You must repay your loan at the end of this loan tenure to avoid any late payment penalty.

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