Here are a few factors

Rating 0 /
Total - 0 ratings
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
Right Documents - Easy Process

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

1. KYC Means If Applicant is
  • Company-MOA, AOA, COI , PAN Card
  • Partnership Firm/LLP- Partnership Deed & PAN Card
  • Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
For Co-Applicant
  • 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
2. If applicant is professional, then his professional degree is required

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.

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.

Leave Your Question


Your CIBIL score should be at least 700+

Groyyo bank charges 2% on loan amount as processing fee. 

Yes, your business vintage should be of at least 3 years.

Yes, When the primary applicant is other than an individual or proprietorship firm.

Yes, these are designed for textile industry business purposes.