Here are a few factors

Rating 0 /
Total - 0 ratings
Location 50Km from Branch
CIBIL Score 700+
Processing Offline
Business Vintage 3 Year
Minimum Turnover 2 Cr-200 Cr
Loan Amount & Tenure 5 Lac- 50 Lac
(12 month- 36 Month)
Loan Product Only Term Loan No OD Limit
Rate of Interest & Type 18% to 22% Banking (Reducing)
TAT Sanction-1 Days
Disbursement-7 Days
Processing Fees 2%
Foreclosure Charges 4%
Applicant Type Any Self Employed Person
Whether Co-Applicant Mandatory Yes
Proprietor Age/Co-Applicant Age 25 Year-65 Year
Part Payment Allowed No
Whether Ownership Proof Required Yes, Either Office or Residence should be owned within Lending Branch Location
Business Registration Proof Mandatory Yes
Program Banking Program-10 Lac, Income Program-25 Lac
Product for Professionals No
Negative Profile Both side Rented, Advocate, Real Estate, Share Traders
USP 1. No of Enquiries not matter
2. No. of running loan doesn't matter
Additional 1. 51% Shareholding required on Loan if applicant is LLP/Partnership firm/Company 

Documents required for U GRO Capital Business Loan

Let’s look into the eligibilities and required Documentation to make your application process even smoother:

  • 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

Note : U GRO Capital Business Loan may ask for additional documents based on the applicant’s profile. The above list is for reference purposes only.

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

About U GRO Capital Business Loan

With an in-depth comprehension of the issues that businesses come across, we have tailored services to meet your specific requirements. U GRO Capital is here to give you the specialized financial assistance you want, whether you are a tiny business with great goals or a well-known business looking to expand.

U GRO takes a business-centric approach; it takes the time to truly comprehend your vision, issues, and goals in order to create solutions that genuinely make an impression. U GRO Capital was founded on the pillars of reliability and transparency. Its dedication to honesty and integrity means that you can depend on them as a partner that will be by your side throughout each phase of the way, supporting your goals.

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


 UGRO Capital is a lending platform that employs data technology in a bid to address the credit deficit faced by small businesses in India. By leveraging a robust distribution network and data-technology methodology, the company provides both collateralized and non-collateralized business loans to Micro, Small, and Medium Enterprises (MSMEs) across diverse sectors.

The interest rates for a UGRO Capital Business Loan are contingent on various factors such as the borrower's profile, loan quantum, loan period, collateral security, among others. Rates typically fluctuate within a broad spectrum, which can be accessed after a comprehensive assessment of the aforementioned parameters.

The quantum of loans provided by UGRO Capital can extend up to a significant amount, subject to the individual's business needs and creditworthiness. The tenure for loan repayment is also flexible, extending up to a substantial number of years, offering borrowers the convenience of planning their repayments over an extended time frame.

Processing fees for a UGRO Capital Business Loan can be up to a certain percentage of the loan amount sanctioned, and these are non-refundable. The fees for part prepayment or loan foreclosure may vary based on the nature of the loan (secured or unsecured) and the loan tenure.

  The necessary documents for a UGRO Capital Business Loan include various identification proofs for the business entity and its proprietors/partners/directors, the company's GST registration certificate, previous year's bank statements and income tax returns, and audited financial statements. Additionally, proof of business location and ownership, proof of collateral security (if applicable), and any other documents per UGRO Capital's discretion may also be required.