Highlights of Neogrowth Business Loans |
|
Interest Rates | 19%-24% p.a. |
Loan Amount | Up to Rs 75 lakh |
Tenure | Up to 7 years |
Processing Charges | Up to 4% |
Rates as of 14th March 2023
Neogrowth Business Loan Interest Rates
Loan Type | Interest Rates (p.a.) |
NeoCash Retail | 24% onwards |
Vendor Finance | 23% onwards |
NeoCash and Vendor Plus Loans | 19% onwards |
Purchase Finance | 24% onwards |
Accelerator | 24% onwards |

Apply for Business Loans with quick dusbursal Apply Now
Neogrowth Business Loan Fees and Charges
Loan Type | Processing Charges |
NeoCash Retail | Up to 4% |
Vendor Finance | Up to 2.25% |
NeoCash and Vendor Finance Plus Loans | 2% of loan amount |
Purchase Finance | Up to 4% |
Accelerator | Up to 2.25% |
Types of Neogrowth Business Loans
Neogrowth Retail Finance
NeoCash
Product: Neogrowth offers NeoCash business loans, short-term business loans to small and medium enterprises having point of sale machines or online sales.
Loan Amount: Rs 1 lakh-Rs 75 lakh
Tenure: Up to 3 years

Apply for MSME Loans at attractive interest rates Apply Now
NeoCash Express
Purpose: NeoCash Express Loans are quick loans offered to retailers with simplified features and application
Loan Amount: Rs 9 lakh-Rs 20 lakh
Tenure: Up to 2 years
NeoCash Insta
Purpose: NeoCash Insta Loans are offered to applicants engaged with small and medium enterprises with instant online approval and speedy disbursal
Loan Amount: Up to Rs 8 lakh
Tenure: 500 days/720 days

Apply for Business Loans with quick dusbursal Apply Now
Neocash Emerger Plus
Purpose: Neocash Emerger Plus are secured business loans for retailers offered against residential, commercial, industrial, warehouse or vacant land property. It also offers balance transfer and top up on existing loans with other financiers
Loan Amount: Up to Rs 50 lakh
Tenure: Up to 7 years
Neogrowth Supply Chain Finance
Neogrowth Vendor Finance Loan
Purpose: Neogrowth offers Vendor Finance, a supplier friendly loan facility, to vendors, suppliers, service providers and manufacturers catering to large corporates, i.e. corporates with turnover of more than Rs 250 crore.
Loan Amount: Rs 25 lakh-Rs 75 lakh
Tenure: Up to 3 years

Apply for Business Loan at low interest rates Apply Now
Neogrowth Accelerator
Purpose: Accelerator business loans are collateral-free term loans offered to manufacturers, traders, dealers, distributors and service providers having GST registration. Neogrowth Accelerator Business Loan eligibility depends on the KYC and banking data of its applicants and not on their financials.
Loan Amount: Rs 15 lakh, Rs 20 lakh, Rs 25 lakh
Tenure: 2 years-30 months
Neogrowth Purchase Finance
Purpose: Purchase finance is a sourcing friendly loan facility offered to traders, manufacturers and service providers who purchase trading goods and raw materials from large corporates or who are channel partners of large corporates. Neogrowth also offers a PayLater Open option to its Purchase Finance applicants, with 50% of the loan amount offered as term loan facility and 50% as credit limit.
Loan Amount: Rs 15 lakh-Rs 75 lakh
Tenure: 2-3 years

Get Purchase Finance at attractive interest rates Apply Now
Neogrowth Supply Chain Emerger Plus
Purpose: Neogrowth offers Supply Chain Emerger Plus loan facility to traders, manufacturers or service providers against their residential, commercial, industrial, warehouse or vacant land property. Applicants can also avail Supply Chain Emerger Plus Business Loans as top up or balance transfer on existing loans. The eligibility for Neogrowth Supply Chain Emerger Plus loan is based on liquid income or ITR of its applicants.
Loan Amount: Rs 15 lakh-Rs 50 lakh
Tenure: Up to 7 years
Eligibility Criteria for Neogrowth Business Loans
- Offline and online retailers are eligible for Neogrowth Business Loans
- Average monthly online sales of the business should be at least Rs 1 lakh
- Business operations for at least 2-3 year

Check your eligibility for Business Loans Apply Now