Better short-term loans with Line of Credit

Get collateral free credit line, access cash up to 25 lakhs with 24*7 withdrawals for your business.

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Use, Repay, Repeat

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Instant credit line loan up to ₹25 lakhs

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No pre-closure charges

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Low interest rates starting 1.5% per month

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Reduce interest flow - pay as you use

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Line of Credit vs. Loan:
Exploring the Better Option

Primarily used for

Tenure

Flexibility to withdraw

Ease of withdrawals

Interest rate

Processing fee

Line of Credit

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Short-term working capital

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Up to 12 months

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Withdraw funds as you need

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One click draw every time

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Pay interest only on amount you use

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0.5-2.5% based on tenure

Traditional Loan

Primarily used for

Long term growth & expansion

Tenure

2-5 years

Flexibility to withdraw

One time disbursal of full amount

Ease of withdrawals

New application every time

Interest rate

EMIs pre determined on full loan amount

Processing fee

3-4% upfront

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Pricing

Starting at 1.5%

APR (annual percentage rate) range of 15% - 35%

0.5% - 2.5% Processing fee based on your withdrawal

Eg: If you withdraw ₹1 lakhs at 1.5% pm and repay in 90 days, you pay only ₹3,015 as interest and 2% as processing fee + GST

Eligibility

Registered business with annual turnover of ₹20 lakhs and operating for at least 12 months

Calculate your EMI

How much capital do you want?

₹ 2,00,000

Rate of interest (monthly)

2.5%

Tenure

3 months

₹ 70,027

Monthly EMI

₹ 11,261

Total Charges

Total interest amount

₹ 10,081

Processing fee

(2% of principal per annum)

₹ 1,000

GST

(18% of processing fee)

₹ 180

info

₹ 2,11,261

Total payable

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Apply in just 3 simple steps

Submit an application

STEP 1

Submit an application

Provide basic business details, credit report and primary bank account statements to complete your application

Share KYC documents

STEP 2

Share KYC documents

Get approved in one business day, and submit business KYC documents on email

Use, Repay, Repeat

STEP 3

Use, Repay, Repeat

Once active, withdraw funds as per your need, repay and reuse your line for any future requirement

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Our Customers Love Us!

Frequently Asked Questions

FAQs

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Get Line of Credit up to ₹25 lakhs for your business

Don’t pause your business growth due to a cash crunch. Activate Line of Credit for all your planned & unplanned business expenses. Withdraw funds from your Credit Line to manage your cash flow better & grow your business

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Terms & Conditions

For any application and active account-related query on your Line of Credit Facility, please log in to your account and raise a support ticket from the Help menu. Our team will reach out to you within 1-2 business days.


Grivence Process For Line of Credit merchants

If the resolution provided in the above step is not satisfactory, and you want to raise a complaint, you can approach our Grievance Redressal Officer via email. Please share your account ID and Ticket ID of the complaint in the email. We will respond to your complaint within 30 business days. In case of any delay in response, we will communicate the reasons for the same.

Grievance officer details

Mr. Nitish Garg,
Senior Director
capital-support@razorpay.com
+91 98860 23388

(Monday to Friday- 10.30AM to 6.00PM,
except public Holidays)


If the resolution provided in the second step is not satisfactory, you can reach out to our Lending partner’s Nodal officer via email. Please forward the first email with more details. The Lending Partner’s team will respond to your complaint within 30 business days. In case of any delay in response, we will communicate the reasons for the same. Please check your Agreement to find your lender name and check below for Grievance office details

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Gromor Finance Private Limited

Nodal Officer Details

Ms. Rashi Kataria,
AVP Operations
info@gromor.in
+91 95890 78309

(Monday to Friday- 10.30AM to 6.00PM,
except public Holidays)

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Liquiloans: NDX P2P Pvt Ltd

Nodal Officer Details

Mr. V. Balamurugan,
Chief Operating Officer
customercare@liquiloans.com
+91-022-489-04685

(Monday to Friday- 10.30AM to 6.00PM,
except public Holidays)

Grievances portal
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Razorpay Software Private Limited,
Ground Floor, SJR Cyber,
22 Laskar Hosur Road, Adugodi,
Bengaluru, 560030,
Karnataka, India
CIN: U72900KA2020PTC139072

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