Sugmya Vyapar Loan

Empowering Growth: Unlocking Potential Through “Sugmya Vyapar Loan”
Sugmya proudly introduces Sugmya Vyapar Loan, an unsecured financial solution meticulously crafted for self-employed non-professionals (SENP), proprietors, and individuals. This innovative offering is specifically designed to cater to the crucial working capital needs of small businesses operating in the Trading, Manufacturing, Services, and Livestock sectors.

Through Sugmya Vyapar Loan, we aim to empower MSME businesses, enabling them to thrive and contribute significantly to the socio-economic fabric of our nation.

Product Features and Eligibility
Product Features Loan Amount ₹ 50,000 to 2,50,000
Tenure 18 to 24 Months
Processing Fee 3% + Applicable GST
Repayment Frequency Monthly
Foreclosure Charges As applicable
Collateral Type Collateral Free Loan
Loan Type Individual
Eligibility Nationality Indian
Industry Type Manufacturing, Trading & Services
Customer Profile Self Employed Non-Professional or Proprietorship
Business Vintage ≥2 years (In same business line)
Age Eligibilty 21 to 60 Years
Residence Type Residential or Business place to be owned

Applicants must meet the following requirements to be eligible for the loan:

  • Should fulfil KYC documents requirements
  • Age should be between 18 to 60 years
  • Should not have an adverse credit record
  • Should meet the acceptable credit norms as per RBI and Sugmya Finance

How to Apply

  • Visit the nearest Sugmya Finance branch and our Relationship Officer will guide you on the application process.
  • Call us on our toll-free number 1800-212-5900 and our Relationship Officer will fix a doorstep service appointment to help you with the application process.

For Terms and Conditions, please contact the nearest Sugmya Finance branch.

Loan approval is at the sole discretion of Sugmya Finance Private Limited.

A complete KYC process is required to take a Sugmya Vyapar Loan.

The documents required are:

  • Primary ID:
    • Aadhaar
  • Secondary ID:
    • Voter ID card
    • PAN card
    • Passport
    • Driving licence
    • MGNREGA Card
    • Letter issued by Government authorities
    • Passbook of nationalised banks
  • Address Proof:
    • Voter ID card
    • Aadhaar
    • Passport
    • Driving licence
    • MGNREGA Card
    • Letter issued by Government authorities
    • Passbook of nationalised banks
    • Life Insurance policy or latest Premium receipt
    • Rent agreement
    • Consumer gas connection card/Book
    • Utility bills (not more than 90 days old)

Sugmya Vyapar Loan