GeM Sahay
1K+
Downloads
Teen
info
About this app
GeM Sahay is a lending platform by Government EMarketplace. It offers instant collateral-free loans against purchase orders on GeM portal, unlocking new opportunities for Sellers & Service Providers to grow their business in India’s largest public procurement marketplace. The Sellers & Service Providers can view, compare and avail attractive loan offers at competitive interest rates from various recognized lending institutions through a single window.
For example, if the Purchase Order value is ₹1,00,000 and the lending partner provides a loan with an 80% Loan-to-Value (LTV) ratio, the sanctioned loan amount will be ₹80,000.wherein Principal Amount is ₹80,000 and Other charges which include interest amount , charges will sum up close to ₹3000 . The Repayment Amount shall be ₹85,000
On the repayment date, the borrower must repay ₹80,000 plus any interest accrued, as determined by the lender
GeM Sahay Offers :
1. Loan Amount ranging between ₹5K - ₹10 Lac
2. Maximum Annual Percentage Rate (APR) is 30%
3. Minimum and maximum period for repayment is 60 Days - 120 Days
Other benefits include:
1. Collateral-Free Financing: Avail collateral-free loans and simplify your borrowings!
2. Digital Interface: An end-to-end digital interface for a hassle-free and seamless experience.
3. Competitive Rates: Get loans at attractive interest rates tailored to suit diverse business needs.
4. Variety of Lender Offers: Choose from a range of offers from different lenders to secure the best terms for your PO financing.
5. Quick Loan Journey: Loan disbursal within 10 minutes for quick access to funds.
6. Secured Transactions: Enhanced security to fully protect your financial data and transactions.
Participating partner Banks and NBFCs :
1. 121 Finance private limited
2. IDBI Bank
3. GetGrowth Capital limited
The app is designed to enhance working capital management while supporting business growth within the GeM ecosystem. Best of all, GeM Sahay App can be downloaded completely free of cost! GeM Sahay is here to offer registered Sellers & Service Providers an exceptional opportunity to secure collateral-free loans and effectively address their working capital needs!
Check out : https://gem.gov.in/sahay for more information
Privacy Policy : https://gem-sahay.perfios.com/pcg-gem/privacypolicy
For example, if the Purchase Order value is ₹1,00,000 and the lending partner provides a loan with an 80% Loan-to-Value (LTV) ratio, the sanctioned loan amount will be ₹80,000.wherein Principal Amount is ₹80,000 and Other charges which include interest amount , charges will sum up close to ₹3000 . The Repayment Amount shall be ₹85,000
On the repayment date, the borrower must repay ₹80,000 plus any interest accrued, as determined by the lender
GeM Sahay Offers :
1. Loan Amount ranging between ₹5K - ₹10 Lac
2. Maximum Annual Percentage Rate (APR) is 30%
3. Minimum and maximum period for repayment is 60 Days - 120 Days
Other benefits include:
1. Collateral-Free Financing: Avail collateral-free loans and simplify your borrowings!
2. Digital Interface: An end-to-end digital interface for a hassle-free and seamless experience.
3. Competitive Rates: Get loans at attractive interest rates tailored to suit diverse business needs.
4. Variety of Lender Offers: Choose from a range of offers from different lenders to secure the best terms for your PO financing.
5. Quick Loan Journey: Loan disbursal within 10 minutes for quick access to funds.
6. Secured Transactions: Enhanced security to fully protect your financial data and transactions.
Participating partner Banks and NBFCs :
1. 121 Finance private limited
2. IDBI Bank
3. GetGrowth Capital limited
The app is designed to enhance working capital management while supporting business growth within the GeM ecosystem. Best of all, GeM Sahay App can be downloaded completely free of cost! GeM Sahay is here to offer registered Sellers & Service Providers an exceptional opportunity to secure collateral-free loans and effectively address their working capital needs!
Check out : https://gem.gov.in/sahay for more information
Privacy Policy : https://gem-sahay.perfios.com/pcg-gem/privacypolicy
Updated on
Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Location and Personal info
No data collected
Learn more about how developers declare collection
Data is encrypted in transit
Data can’t be deleted
App support
About the developer
GOVERNMENT EMARKETPLACE
appsupport-gem@gem.gov.in
Jeevan Tara Building, 5, Sansad Marg,
New Delhi, Delhi 110001
India
+91 70111 94867