Contact

FAQs - Frequently Asked Questions

  • Passport
  • PAN Card
  • Election / Voter's ID card
  • Driving License
  • Adhaar Card
  • Government ID card
  • Others (Notified by Central Government)

  • Passport
  • Driving License
  • Adhaar Card
  • Election / Voter's ID card
  • Others (Notified by Central Government)

  • Shop and Establishment Act Registration copy
  • VAT / Service Tax certificate
  • SSI Registration Certificate

  • KYC documents of the Proprietor / Partner / Director as applicable and KYC documents of co-applicants
  • KYC documents of the Entity (Firm / Pvt Ltd. Co. as applicable)
  • Latest year ITR and Computaion of income
  • Business continuity proof
  • 1 year bank statement downloaded via net banking
  • Residence / office ownership proof

  • Proprietorship firm
  • Partnership firm
  • Pvt. Ltd. Co. / Closely held Ltd. Co.

The Partnership firm and the majority stakeholders need to be applicant to the loan.

The Pvt Ltd Co. firm and the directors holding majority stake need to be on loan structure.

The age of your business shall be considered as per the business registration proof.

Our interest rates are highly competitive. However, the exact interest rate will be subject to the loan amount and a thorough analysis of your business financials.


Particulars
Charge
Cheque/ECS/ACH Dishonor Charges (Per Presentation) Rs. 700 Per presentation
Penal Interest/ Default Interest 3% P.M. on Installment over due
Foreclosure Charges** 5% of Principal Outstanding (foreclosure of the loan is allowed only
after 12 months from the loan disbursement date)
Swapping Charges- Any change in Repayment Mode Rs. 1000
Installment Repayment cycle Date change (with no change in any other
terms) 		Rs. 1000
Statement of Account Rs. 500
Document Retrieval Rs. 1000
Modification of the loan terms after first disbursement including but
not limited to rescheduling of the loan repayment terms, addition/deletion of
co-borrower(s), etc 		Upto 2% of Principal Outstanding
Loan Cancellation Charges Rs. 20000+rate of interest from the date of Disbursement till date of
request for cancellation
Issuance of Duplicate Income Tax Certificate Rs. 500 (Per copy)
Issuance of No Objection Certificate Rs. 500 (per document)
Pre-Emi Interest Chargeable On a pro-rata basis for the number of days exceeding 30 days from the
date between the loan booking date and presentation of first Instalment date
List of Documents Rs. 1000/-

  • Passport
  • PAN Card
  • Election / Voter's ID card
  • Driving License
  • Adhaar Card
  • Government ID card
  • Others (Notified by Central Government)

  • Passport
  • Driving License
  • Adhaar Card
  • Election / Voter's ID card
  • Others (Notified by Central Government)

  • Shop and Establishment Act Registration copy
  • VAT / Service Tax certificate
  • SSI Registration Certificate

  • KYC documents of the Proprietor / Partner / Director as applicable and KYC documents of co-applicants
  • KYC documents of the Entity (Firm / Pvt Ltd. Co. as applicable)
  • Latest year ITR and Computaion of income
  • Business continuity proof
  • 1 year bank statement downloaded via net banking
  • Residence / office ownership proof

You can login anytime with your registered mobile number (OTP verified) or social media profile, anytime anywhere.

Currently we are serving businesses based out of Mumbai and Pune

Our instant eligibility decisions are subject to, the borrower providing us with a soft copy of their past 1 year bank statements. You can always reach out to your bank to request a soft copy of your bank statements.

The loan sanction shall depend on your eligibility. However, the company can fund loans up to maximum 30 lacs

  • Working Capital Loan ranges between 2 lacs and 5 lacs and the repayment period would vary from 12-24 months.
  • Unsecured Business Loan ranges between 5 lacs and 30 lacs and the repayment period would vary from 24-36 months.

Since, our product is an unsecured business loan, you do not need to mortgage any property. Your application is evaluated based on your business cashflows and credit worthiness.