Introduction

It is important to know your eligibility when applying for a NeoGrowth business loan at Finserv MARKETS. Checking your eligibility will also help you apply for the loan that you can qualify for. If you apply for a loan that you are not eligible for, your application is sure to be rejected.

Following are the criteria that you need to fulfill to apply for a Business Loan with NeoGrowth:

  • The applicant age must be 18 years or above.

  • The Bureau score required to apply is 680+

  • You must be a citizen of India.

  • You must have at least 2 years of business vintage.

Documents Required for Business Loan

Individual

  • KYC

  • Residence proof: voter id/ driving license/ ration card

  • Light bill with add/ rental agreement valid

  • Pan card mandatory

Business

  • Gumasta/Shop act/Food license/ Drug license

  • GST certificate (not mandatory)

  • Rent agreement/ light bill (last 3 months)

  • Bank A/c Statement- Last 6 Month PDF from the bank

  • Ca /SA/CC (Neocash retail)

  • Moratorium Declaration- Declaration that merchant will not avail moratorium in future

  • Entity/Business Vintage/Registration Proof

  • Gumasta /intimation/ GST/ ca from inception

  • Residence/ Place of Business: Ownership proof/ Rent Agreement

  • Constitution Document in case of Non-Proprietorship

  • Partnership FIRM: Partnership Deed/ company pan card

  • Private Limited Firm: MOA/AOA/ COI/Pan card

Steps to Apply for NeoGrowth Business Loans

Applying for a NeoGrowth Business Loan online on Finserv MARKETS is extremely simple. Follow these steps and get your loan instantly!

  • Filling Details Online

Enter your personal and professional details.

  • Specify Loan Details

Select the loan amount and repayment tenure as per your choice.

  • Upload the Documents

Upload the scanned copies of your documents.

  • Approval & Disbursal

Get online approval within minutes and money in your bank within 5 working days.