Fintree Finance Loan

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Eligibility Criteria Fintree Loan

The eligibility criteria required to be fulfilled in order to avail a loan from Fintree Finance Private Limited are given below:

1. The minimum business vintage year should be of 1 year
2. Minimum card acceptance history of 6 months
3. Minimum monthly card volume should be Rs.30,000

Fintree Finance Loan Fees and Charges

Particulars	Charges
One-time mandatory charges	NA
Processing fee	3%
Documentation charges	At actuals
Foreclosure charges	6% of principal outstanding amount after 3 months from date of disbursement
NOC issuance	Rs.500
Repayment instrument swap	Rs.1,000
Cheque/NACH bounce	Rs.500
Recovery and collection fees	Rs.2,000 for PDC -ECS Bank account change and new PDC/ECS. Charges levied by recovery agents including 3% of outstanding amount as collection fees.
Taxes	As applicable
Penal charges	3% p.m. on overdue amount
POS charges	Rs.12,000 + taxes applicable
Issue of legal notice	Rs.1,000

How to Apply for a loan from Fintree Finance?

Given below is the process you will have to follow in order to apply for a loan from Fintree Finance Private Limited:

1. Visit the official website of Fintree Finance.
2. Click on 'Apply Now'.
3. Fill the application form by entering the necessary details.
4. Upload the necessary documents as requested by the lender.
5. Once the documents have been verified, the required loan amount will be disbursed to your account within 72 hours.

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FAQs on Fintree Finance Loan

• What is Fintree Finance’s Loan against Digital Payment?

  A short-term credit facility called a loan against digital payments is offered to Loan against Digital payments is a short-term credit facility extended to merchants who have a Point –Of-Sale (POS) machine installed at their premises. Fintree Finance uses its in-house technology platform, coupled with strong analytics and algorithms for origination, underwriting & disbursal of loans and helping this MSME segment, enter the formal credit system and improve their credit profiles.

• What is Fintree Finance corporate address?

  Fintree Finance corporate address is Fintree Finance Pvt. Ltd., Engineering Centre, 4th Floor, 9 Matthew Road, Opera House, Mumbai – 400004. 

• Can I send my query via mail to Fintree Finance?

    Yes, you can send your query to the email ID wecare@fintreefinance.com in case of any query.   

• How do I contact Fintree Finance?

  You can call the number 18002678111 in case of any queries. 

• Currently, who is the nodal officer at Fintree Finance?

  Sweta Parekh is the nodal officer at Fintree Finance. 

• On availing a loan from Fintree Finance, what is the processing fee charged?

  The processing fee charged is 3% of the loan amount.