Fast forward your dreams with FTMS Personal Loans

Fast approvals, flexible terms, and personalized solutions tailored to your needs 

Empower Your Dreams with FTMS Personal Loans

Fast and Flexible Personal Loan Options Tailored to You 

Personal Loans Made Easy with FTMS

Low interest rates and no hidden fees – because you matter! 

Achieve Your Goals with Easy Personal Loans

Unmatched Customer support

Overview of personal loan

Looking for personal loan to meet your financial requirements? From achieving long-awaited goals to steer life’s unexpected turns, our solutions are designed to support you every step of the way. With FTMS’ easy application process, competitive interest rates, and flexible repayment options, getting a loan has never been more convenient.

Our platform is tailored to the needs of customers, ensuring a seamless and hassle -free experience. Apply online in just a few minutes, enjoy instant approvals, and get funds directly in your account. No collateral, no hidden charges – just simple, secure, and transparent loans designed to empower your financial journey.

Start your journey today and take control of your finances!

Types of Personal Loan

We have a range of personal loan options tailored to meet your needs such as:

Marriage Loans

Overcome the financial stress and make your special day unforgettable. Our wedding loans cover all expenses, from venue bookings to jewelry and catering, with easy repayment options to suit your budget.

Medical Loans

Our medical loans provide quick access to funds for treatments, hospital bills, or medications ensuring peace of mind and help you handle these unexpected emergencies with ease.

Debt Consolidation Loans

Simplify your finances by consolidating multiple debts into one manageable loan. Reduce financial stress and save on interest rates with our debt consolidation solutions.

Education Loans

We offer educations loans so that you can safely invest in your future or support a loved one’s aspirations with ease. Our solutions help you cover tuition fees, course materials, or other educational expenses with flexible repayment options.

Travel Loans

No need to postpone your travel plans anymore! From domestic trips to international vacations, our travel loans make financing your dream adventures achievable, simple and affordable.

Features and Benefits

A. Following are the key features you get when you choose FTMS:

Flexible Loan Amounts

Quick and Easy Application Process

Instant Approvals

Competitive Interest Rates

Flexible Repayment Tenures

No Collateral Required

100% Transparent Process

Benefits of Choosing Our Personal Loans

Convenience at Your Fingertips:

Apply online from the comfort of your home and track your application status in real time.

Funds for Every Need:

Whether it’s for emergencies, aspirations, or consolidating debt, our personal loans cater to all purposes.

Fast Disbursal:

Once approved, the loan amount is credited directly to your account within 24-48 hours.

Enhanced Financial Freedom

Manage expenses effortlessly without dipping into your savings or investments.

Customer-Centric Support

Our dedicated customer support team is available to guide you at every step of the way.

Customizable Options

Personalize your loan terms to suit your financial goals and repayment capacity.

Eligibility Criteria and Documents Requirements

A. To be eligible for a personal loan with FTMS, you must meet the following criteria:

Applicants should be between 21 and 60 years of age.

Both salaried and self-employed individuals are eligible.

A minimum monthly income of xxxxx is required for salaried individuals.

A good credit score, typically above 650, is preferred to ensure better loan terms and approval chances.

Applicants must be Indian citizens residing in India.

B. When applying for a personal loan with FTMS, you will need to provide the following documents:

1. For Salaried Individuals:

1. Proof of Identity: (Any one of the following)

Aadhaar Card

Passport

Voter ID

PAN Card

2. Proof of Address: (Any one of the following)

Aadhaar Card

Passport

Utility bills (electricity, water, gas) not older than 3 months

Rent agreement (registered)

3. Proof of Income:

Last 3 months' salary slips

Latest 6 months' bank statements showing salary credits

4. Employment Proof:

Employee ID card or recent company appointment letter

Form 16

B. For Self-Employed Individuals:

1. Proof of Identity: (Any one of the following)

Aadhaar Card

Passport

Voter ID

PAN Card

2. Proof of Address: (Any one of the following)

Aadhaar Card

Passport

Utility bills (electricity, water, gas) not older than 3 months

Rent agreement (registered)

3. Proof of Income:

Latest 1year bank statements

Last 2 years' Income Tax Returns (ITR) including computation of income, Balance Sheet, and Profit & Loss account

Business Proof:

Business registration certificate or trade license

GST registration certificate or similar documents to prove the existence of the business

4. Office Address Proof:

Utility bill for the business premises

Rent agreement (registered) or lease agreement if applicable

Applying for a personal loan with FTMS is straightforward and hassle-free. Follow these simple steps:

STEP 01

Before applying, ensure you meet the eligibility criteria 

STEP 02

Prepare the necessary documents for a smooth application process.

STEP 03

Fill Out the Online Application Form  

STEP 04

Upload the required documents for identity, address, and income verification.  

STEP 05

Carefully review and submit your application and uploaded documents. 

STEP 06

Once submitted you will get notified of the approval status 

STEP 07

Upon approval, the loan amount will be disbursed directly to your bank account.  

STEP 08

Start repaying the loan through convenient EMIs.

Pre-Payment and Part Payment in Personal Loan

Flexible options for pre-payment and part payment are offered by FTMS, more details as follows:

Pre-payment Option

Pre-payment allows you to pay off your entire outstanding loan amount before the end of the loan tenure

By pre-paying your loan, you can significantly reduce the total interest paid over the loan tenure

Enjoy the peace of mind that comes with being debt-free sooner

At FTMS, we do not charge any fees for pre-paying your personal loan, making it an attractive option for borrowers

Part-Payment Option

Part-payment allows you to pay a portion of your outstanding loan amount before the due date, without having to pay off the entire loan

Part payments reduce your principal amount, lowering the total interest you need to pay

Make additional payments whenever you have surplus funds, without any penalty

With part payments, you can shorten the overall loan tenure while still managing your monthly EMIs comfortably

Loan Calculator

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Period Payment Interest Balance

A good customer base from across the India

Almost over 20 thousands active users

3 years worth of expenses as an industry expert

Modes of Loan Payment or Repayment

FTMS offers multiple convenient methods for you to repay your personal loan. Choose the mode that best fits your needs:

Electronic Clearing Service (ECS):

Set up an automatic debit from your bank account on a specific date each month.

Post-Dated Cheques (PDCs):

Submit a series of post-dated cheques for your loan's EMI amount.

Online Payments:

Make payments directly through the FTMS online portal using your bank account or credit/debit card.

Standing Instructions (SI):

Set up a standing instruction with your bank to automatically debit your account each month. This is similar to ECS but is directly managed through your bank.

How to Choose the Right Personal Loan

To choose the right personal loan first, assess your financial needs to determine the loan amount. Compare interest rates from different lenders to find a competitive rate. Understand all associated fees, such as processing and pre-payment charges.

Evaluate the loan tenure to ensure it fits your financial capacity, with longer tenures meaning lower EMIs.

Check for flexible repayment options, including pre-payment and part payment facilities. Ensure you meet the lender’s eligibility criteria and maintain a good credit score for better loan terms. By carefully considering these factors, you can select a personal loan that best suits your financial needs.

The best thing is that start your application with FTMS and relax. FTMS will do all these things of behalf of you. FTMS is bound to provide you the best service to meet your expectations.

How to Improve your Chances of Getting a Personal Loan?

Improving your chances of getting a personal loan starts by maintaining a good credit score, as lenders often prioritize applicants with high scores.

Ensure all your documents are in order. Also, demonstrating a stable job history and consistent income can also enhance your application. It’s advisable to reduce existing debt to improve your debt-to-income ratio, making you a more attractive candidate.

Finally, avoid submitting for multiple loan application simultaneously, as this can negatively impact your credit score.

How to Avoid Rejection of Personal loan Applications?

To minimize the risk of your personal loan application being rejected, it is essential to maintain a strong credit score by making timely payments and managing existing debt effectively. Ensure that all required documents, including proof of income, identity, and residence, are accurate and complete.

How to Check Personal Loan Status?

To check the status of your personal loan application, follow these steps:

Visit the FTMS official website and navigate to the personal loan section.

Use the application tracking tool by entering your loan application number or reference ID.

If available, use the FTMS mobile app to log in and track your application status in real-time.

Ensure you have all relevant information, such as your loan application number, ready for a quick and accurate status check.

Alternatively, contact FTMS customer support via phone or email, providing your application details for a status update.

How to Get Personal Loan Statement?

You can log into official website and download your loan statement

Alternatively, you can use FTMS mobile app to download your loan statement

Contact FTMS customer support via phone or email and request your statement on call

Also, a physical visit to the FTMS office can be an alternative to request a physical copy

Things to do After Closing a Personal Loan

Obtain a No Objection Certificate (NOC)

Collect all loan documents including the loan closure letter, payment receipts, and the NOC, for your records.

Verify that your credit report reflects the loan closure correctly and shows the loan as fully repaid.

Keep an eye on your credit score to ensure it improves after the loan closure, as timely repayment can positively impact your score.

Update your personal financial records to reflect the closure of the loan and the release of any collateral, if applicable.

Personal Loan Disbursement

After loan approval and document verification, FTMS credits the loan amount to your bank account within hours to days. A signed agreement is required. You'll receive a confirmation once funds are disbursed, ensuring prompt access to meet your financial needs efficiently.

FAQs

To be eligible for a personal loan with FTMS, you must be between 21 and 60 years of age, have a stable income, and meet our minimum monthly income requirement. A good credit score and Indian residency are also required. 

You'll need proof of identity, proof of address, proof of income, and employment or business proof. 

Loan approvals can be obtained within minutes, provided all documentation is in order and verification is successful. 

Yes, FTMS offers flexible options for both pre-payment and part payment without any pre-payment charges.  

You can check your loan status via the FTMS website using your application number, by contacting our customer support, or through our mobile app. 

We offer multiple repayment modes including ECS, post-dated cheques, online payments, standing instructions, mobile banking, net banking, cash payments, and demand drafts. 

You can get your loan statement through the FTMS online portal, mobile app, by contacting customer support. 

After closing your loan, obtain a No Objection Certificate (NOC), collect all relevant documents, check your credit report, monitor your credit score, update your financial records, and plan your financial goals. 

Once approved and verified, the loan amount is directly credited to your bank account. You'll receive a confirmation notification once the funds are disbursed. 

If you have any other questions, contact us on _______ or email us at ___________. 

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