Features:
- Loan Amount Options:
Loan amounts range from ₹50,000 to ₹20,00,000, giving sellers flexibility based on their business needs. - Flexible Repayment Tenure:
Choose repayment tenures from 6 to 36 months. - Dynamic EMI Calculation:
Real-time EMI estimates are provided based on the selected loan amount and tenure, ensuring that sellers understand their financial obligations before committing. - Competitive Interest Rates:
Interest rates are calculated based on your creditworthiness, business performance, and other eligibility criteria, ensuring fairness. - Fully Digital Process:
The loan journey, including KYC, document verification, and eNACH/eSign processes, is handled online for convenience and speed.
Benefits:
- Quick Application Process:
The entire process—from application to loan disbursement—can be completed in just a few steps, saving time and effort. - Pre-Filled Information:
Personal and business details available in the seller panel are pre-filled, reducing errors and speeding up the process. - Transparency in Loan Details:
Before accepting the loan, you will receive a detailed breakdown of the loan amount, tenure, interest rate, EMI, and any additional charges. - Convenient and Paperless:
No need for physical visits to banks or paperwork. Everything is processed online through the Shiprocket seller panel. - Tailored for Growth:
It helps sellers fund their business operations, purchase inventory, or scale their business without disrupting cash flow.