Address your financial emergencies swiftly with U GRO Capital's Line of Credit, now available on Bajaj Markets. Borrow up to ₹2 Lakhs instantly at a competitive interest rate of 26% p.a. With a simple online application process and minimal documentation requirements, you can access funds conveniently. Additionally, if required, you can convert the amount utilised to an EMI-based loan after 30 days.

Interest Rates and Charges

The interest rates and charges of U GRO Capital Line of Credit as follows:

Interest Rate

26% p.a.

Processing Fee


Conversion to Loan Charges

Interest charged is increased to 32% p.a.

Bounce Charges

₹750 + GST

Late Payment Charges


*Disclaimer: The aforementioned charges are subject to change at the lender’s discretion.

Features and Benefits

Quick Borrowing

Access up to ₹2 Lakhs instantly to address financial requirements

Zero Processing Fee

Apply for a U GRO Line of Credit with no processing fee

Conversion to Loan

Convert all your line of credit to an EMI-based loan with tenures of 3,6,9, or 12 months

Minimal Documentation

Complete your application effortlessly by scanning and submitting some personal as well as professional documents online

Grace Period

No penal charges on dues paid within the grace period of 5 days each month

Eligibility Criteria and Documents Required

Fulfil the following requirements to be eligible for a U GRO Capital Line of Credit:

  • Your business should be a proprietorship

  • Your business must have a vintage of at least 2 years

  • You should fall under the age bracket of 21 to 65 years

  • You should be self-employed

Alongside this, you will be asked to furnish the following documents:

  • KYC documents: PAN card and Aadhaar card

  • Business proof: Udyam Aadhaar or GST registration

  • Additional business proof

How to Apply

Here's how you can apply for the U GRO Capital Line of Credit on Bajaj Markets:

  • Click on the ‘Apply Now’ option on this page

  • Fill in your personal and business details

  • Select ‘U Gro’ from the list of lenders

  • Enter the required amount and preferred tenure

  • Submit the online application

  • Following this, your application will be processed, and a representative will reach out to you for further proceedings.

business loan


Can I convert my credit line to an EMI-based loan?

Yes. You have the option to convert all your dues to an EMI-based loan after 30 days. You can choose from tenure options of 3,6,9, or 12 months.

What is the grace period for payment of dues?

A grace period of 5 days is offered by U GRO Capital for payment of dues, each month. By making the payments within this period, you do not incur any penal charges.

Is there a processing fee charged on a U GRO Capital Line of Credit?

No. You can apply for the U GRO Line of Credit without having to pay any processing fee.

✓Minimal Documentation ✓Flexible Repayment ✓Collateral Free Loan | Apply for Business Loan Now! Apply Now
Loan Offer
Download App