NeoGrowth offers customised business loans, both secured and unsecured, to vendors, retailers (offline and online), suppliers, and manufacturers. NeoGrowth offers instant business loans to retailers with quick disbursals. The NBFC also provides credit facilities to retailers who wish to avail loan against their property, even with the loan amount being more than the value of the property. Some of its loan products are also offered on the basis of the liquidity, ITR, financials, and bank statement of the enterprises.
NeoGrowth Retail Finance – Highlights – January 2023
Neo Cash
Neo Cash | |
Purpose | Unsecured Short-term loans for customer-facing SMEs (Online/Offline Retailers) having Point of Sale machines or online sales. |
Interest Rate | 24% Annual Percentage Rate (APR) onwards |
Loan Amount | Rs. 1 lakh – Rs. 75 lakh |
Processing Fee | Up to 4% of the sanctioned loan amount |
Repayment Tenure | From 18 – 36 months |
Avg. Monthly Online Sale | Rs. 1 lakh |
Credit history / Collateral | Not required |
Repayment Options | Daily, Weekly and Fortnightly |

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Neo Cash Express
Neo Cash Express | |
Purpose | Quick loan (With Fixed Tenure) for Retailers with Low Daily Repayments |
Loan Type | Term Loan |
Loan Amount | Rs. 9 lakh – Rs. 20 lakh |
Repayment Tenure | Up to 24 months |
Business Tenure | Minimum 2 years |
Neo Cash Insta
Neo Cash Insta | |
Purpose | Fixed Tenure loan (with Low Daily Repayment) for customer facing SMEs with instant online approval and quick disbursal |
Eligible Entities | Proprietorships |
Loan Type | Term Loan |
Loan Amount | Rs. 1 lakh – Rs. 8 lakh |
Repayment Tenure | Up to 500 days |
Business Vintage | Minimum 2 years |
Neo Cash Plus
Neo Cash Plus | |
Purpose | Secured loan for Online and Offline Retailers offering higher loan amount than the value of the property |
Interest Rate | 19% APR onwards |
Loan Type | Secured Business Loan |
Loan Amount | Rs. 15 lakh – Rs. 1.5 crore |
Collateral/Security | Residential, Commercial, Industrial, Warehouse, or Vacant Land Property |
Processing Fee | 2% of the sanctioned loan amount |
Repayment Tenure | 60 months |
Business Operations | Minimum 3 years |
Balance Transfer / Top Up options with other Financers | Available |
Eligibility | On the basis of banking transactions and financials |
Neocash Emerger Plus
Neocash Emerger Plus | |
Purpose | Loan against Property for Retailer who wants to get loan against their property |
Loan Amount | Rs. 15 lakh – Rs. 50 lakh |
Repayment Tenure | Up to 84 months |
Business Operations | Minimum 3 years |
Eligibility Basis | ITR or Liquid Income |
Collateral/Security | Residential, Commercial , Industrial, Warehouse or Vacant Land Property |
Balance Transfer / Top Up options with other Financers | Available |

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Supply Chain Finance – Highlights – January 2023
Vendor Finance
Vendor Finance | |
Purpose | Loans for Vendors, suppliers, service providers and manufacturers to large corporates (Companies having Annual Turnover of more than Rs. 250 crores) |
Eligibility | Minimum average monthly credits of Rs. 10 lakh from large corporates |
Interest Rate | 23% APR onwards |
Loan Amount | Rs. 20 lakh – Rs. 75 lakh |
Processing Fee | Up to 2.25% of the sanctioned loan amount |
Repayment Tenure | From 24 to 36 months |
Business Operations | Minimum 3 years |
Vendor Finance Express | |
Purpose | Quick collateral free loans for vendors, suppliers, service providers and manufacturers to large corporates |
Loan Type | Term Loan |
Loan Amount | Rs. 10 lakh – Rs. 20 lakh for vendors and suppliers to large corporates |
Repayment Tenure | From 24 to 30 months |
Business Operations | Minimum 3 years |
Eligibility Basis | Bank Statements |
Purchase Finance
Purchase Finance | |
Eligible Entities | Loan facility for traders, manufacturers and service providers who purchase their raw materials or trading goods from large corporates or channel partners of large corporates (Annual Turnover of more than Rs. 250 crores) |
Interest Rate | For Term Loan component: 24% (APR) For credit line component: Monthly interest of 2% on the amount drawn |
Pay-later Option | Available |
Loan Type | 50% Term Loan and 50% Limit based |
Loan Amount | Rs. 5 lakh – Rs. 75 lakh |
Processing Fee | Up to 2% of the sanctioned loan amount |
Repayment Tenure | From 18 to 36 months |
Business Operations | Minimum 3 years |

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Vendor Finance Plus
Vendor Finance Plus | |
Purpose | Secured loan products for vendors, suppliers, manufacturers, and service providers to large corporates. Loan amount offered is more than the value of the property |
Loan Amount | Rs. 15 lakh – Rs. 1.5 crore |
Repayment Tenure | Up to 60 months |
Business Operations | Minimum 3 years |
Eligibility Basis | Banking and Financials |
Collateral/Security | Residential, Commercial, Industrial, Warehouse or Vacant Land Property |
Balance Transfer / Top-Up options with other Financers | Available |
Supply Chain Emerger Plus
Supply Chain Emerger Plus | |
Purpose | Loan for traders, manufacturers and service providers, who wants to get the loan against their property |
Loan Amount | Rs. 15 lakh – Rs. 50 lakh |
Repayment Tenure | Up to 84 months |
Business Operations | Minimum 3 years |
Eligibility | On the basis of ITR or Liquid Income |
Collateral/Security | Residential, Commercial, Industrial, Warehouse or Vacant Land Property |
Balance Transfer / Top-Up options with other Financers | Available |
Note: Interest Rates are updated as on January 2023.

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Documents Required for Loan Application
- Duly filled application form with passport-sized photographs
- Address proof – Residence
- Business address proof
- Valid passport
- Voter’s ID card
- Aadhaar Card
- Rent Agreement
- PAN card
- VAT Certificate
- Any other document required by NeoGrowth
Neogrowth Customer Care Number
Contact Us:
For any information email at digital@neogrowth.in or helpdesk@neogrowth.in
or call at Customer Support: 18004195565 / 9820655655
For business loan just give a missed call at 9222272881

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FAQs
Ques. Can I pre-pay my loan anytime during the tenure?
Ans. Yes, you can pre-pay the loan anytime without any extra charges.
Ques. What is the minimum and maximum loan amount I can get from NeoGrowth?
Ans. The minimum loan amount is Rs. 1 lakh whereas the maximum loan amount offered is up to Rs. 1.5 crore.
Ques. How much time does it require to get a business loan from NeoGrowth?
Ans. It takes around 3-5 days for processing the documents and loan is disbursed in 24-48 hours after sanction.
Ques. How will the loan be disbursed to me?
Ans. The loan will be disbursed either in form of NEFT or RTGS.
Ques. What is the repayment tenure of a business loan?
Ans. The minimum loan repayment period is from 12 months and goes up to 84 months.