Explore Your Options
Groyyo Bank Business Loan
Groyyo Bank Business Loan upto 5 Cr for Textile Industry
Powered By
Groyyo Bank Business Loan
Apply Now
Groyyo Bank Business LoanHere are a few factors
| Location | Delhi NCR |
| CIBIL Score | 700+ |
| Processing | Offline |
| Business Vintage | 3 Year |
| Minimum Turnover | 10 Cr+ |
| Loan Amount & Tenure | 10
Lac-5 Cr (12 Month to 36 month) |
| Loan Product | Purchase Financing |
| Rate of Interest & Type | 18% to 20% (Reducing) |
| TAT | Sanction-2
Days Disbursement-10 Days |
| Processing Fees | 2% |
| Foreclosure Charges | 4% |
| Applicant Type | Any Self Employed Person |
| Whether Co-Applicant Mandatory | Yes, when applicant is other than individual or proprietorship firm |
| Proprietor Age/Co-Applicant Age | 23 Year-65 Year |
| Part Payment Allowed | Yes |
| Whether Ownership Proof Required | Yes, one should be owned at business place |
| Business Registration Proof Mandatory | Yes |
| Program | Income Program-5 Cr |
| Product for Professionals | No |
| Negative Profile | Other than Textile all are Negative |
| USP | Purchase Financing |
| Additional | Focus only on Textile Segment |
Groyyo Bank Business Loan EMI Calculator
Interest Type
Loan Amount
Interest Rate
Loan Tenure
| Loan Amount | ₹100,000 |
| Interest % | 18 % |
| Tenure (months) | 12 |
| Emi (monthly) | ₹ 9,168 |
| Total Interest | ₹ 10,016 |
| Loan Amount + Interest | ₹ 110,016 |
| Year | Total Principal ( A ) | Total Interest ( B ) | Balance ( A + B) | Total Payment | Loan Paid Till Date (%) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹ 23,351 | ₹ 4,153 | ₹ 27,504 | ₹ 76,649 | 23.35 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ₹ 76,651 | ₹ 5,861 | ₹ 82,512 | ₹ 0 | 100.00 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Required Documents to Apply for Groyyo Bank Business Loan
-
KYC of applicant & Co-Applicant
-
Last 3 year ITR with computation of income of applicant & co-applicant
-
Last 3 year audited balance sheet of applicant
-
Last 3 year Tax audit report of applicant
-
Last 12 month Bank Statement of applicant & co-applicant
-
26AS of last 2 year of applicant & co-applicant
-
Copy of GST registration
-
Copy of MSME registration
-
Copy of Last 12 month GST return
-
Sanction letter of all running loan
-
Debt Sheet
-
Latest utility Bill of residence if owned or rent agreement if rented
-
Latest utility Bill of Office if owned or rent agreement if rented
-
2 Reference with contact details
-
Last 3 year Debtors & Creditors on letter head
-
List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP
Some Important Points
- Company-MOA, AOA, COI , PAN Card
- Partnership Firm/LLP- Partnership Deed & PAN Card
- Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
- KYC means Adhaar Card, PAN Card, Passport Size Photo
Co-Applicant means in case of
- Company : Directors
- Partnership firm/LLP : Partners
- Proprietorship Firm : Spouse of Proprietor
Note : Groyyo Bank Business Loan may ask for additional documents based on the applicant’s profile. The above list is for reference purposes only.
About Groyyo Bank Business Loan
Do you aspire to take your organization to the next level? Groyyo Bank is excited to introduce customized business loan solutions, which are intended to accelerate your innovation and expansion. Whether you're a new firm with great plans or an established company looking to expand, this business loan can help.
You can power your company without breaking the bank. Take advantage of competitive financing rates meant to help you grow.
A simple application process allows you to get a loan quickly and easily at Groyyo Bank. Here, business loans have a variety of adjustable options to ensure you get the proper support for your specific needs.
Save Your Time with a Simple Loan Process
Visit Our Website
For the first step, you will have to visit our website to explore the loan options that fit your needs.
Select and Apply
Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.
Submit Your Document
One of the most important steps. Now you will have to submit all the required documents digitally.
Enjoy Your Financial Freedom!
Once your application is approved based on your eligibility, you will receive your loan amount shortly.
ReferLoan is a Marketplace which connect Financial institutes with prospective users through its integrated approach. ReferLoan helps users to increase their CIBIL Score and finding the best Financial Products from the available Financial Institutions. ReferLoan is the only Market Place which helps the users to explore the opportunities in Debt as well as in Equity.
Copyright 2023 © Referloan.in.