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Neogrowth is a Non-Banking Financial Company (NBFC) registered with RBI and started their operations in 2013. You can avail a business loan from Neogrowth at attractive and flexible repayment tenure.
There are two segments to which Neogrowth caters to:
Features and benefits of availing a business loan by Retailers with EDC/POS machines:
Eligibility criteria you will have to fulfill in order to avail a business loan for Retailer with EDC/POS machines from Neogrowth
Documents required
Features and benefits of availing a business loan by online sellers
Eligibility criteria you will have to fulfill in order to avail a business loan for online sellers from Neogrowth
Documents required
Loan | Amount | Tenure |
Micro | Rs.2 lakh – Rs.10 lakh | 9 months – 24 months |
Small Loans | Up to Rs.25 lakh | 9 months – 24 months |
Business Loans | Up to Rs.75 lakh | 9 months – 24 months |
The loan amount will either be disbursed via NEFT/RTGS or through cheque depending on your preference.
Yes, you can pre-close your loan any time without having to pay any type of penal charges.
In case of any query related to business loans, you can call on the number 18004195565 or 9820655655. You can also mail your queries by sending an email to helpdesk@neogrowth.in. You can also visit the official website of the lender and under the ‘Contact Us’ section you can avail the ‘request a call back’ facility. You can also get in touch with a Neogrowth representative via Facebook and Twitter.
The company takes 7 working days to get your query resolved. However, in most of the cases, the company attempts to close the case within 2 working days.
Neogrowth is present in all the major cities of India. The following cities where Neogrowth have their networks are Ahmedabad, Mumbai, Delhi, Bangalore, Pune, Chennai, Chandigarh, Hyderabad, Jaipur, Kolkata, Lucknow, Vadodara, Madurai, Mysore, Nagpur, Indore, Ludhiana, Vijayawada, Surat, Coimbatore and Vizag.
A GST rate of 18% will be applicable on banking services and products from 01 July, 2017.
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