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.
Use, Repay, Repeat
Credit Limit up to ₹25 Lakhs
100% flexibility - No preclosure charges
Low interest rates - Starting from 1.5% per month
Reduce interest flow - Pay as you use
Why should you take Line of Credit vs short-term business loans?
Processing fee
Withdrawal flexibility
Daily interest
Reduce interest flow
Easy to re-withdraw
Line of Credit
No processing fee
Withdraw as per need
Pay as you use
Pay early to save
One-click draw
Business Loan
3-4% upfront
Full disbursal
Interest on full amount
Fixed interest
New application
Pricing
Starting at
1.5%
interest rate per month, with
no other charges. Pay as you use.
Eg: If you withdraw ₹1 lakh at 1.5% pm and repay in
20 days, you pay only Rs 1,000 as interest.
APR (Annual percentage rate) ranges from 18% to 32%
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
₹ 10,082
Total Interest
₹ 2,10,082
Total payable
Apply for Line of Credit in just 3 simple steps
STEP 1
Submit an application
Provide basic business details, credit report and primary bank account statements
STEP 2
Share KYC documents
Get approved in one business day, and submit business KYC documents on email
STEP 3
Use, Repay, Repeat
Once active, withdraw funds as per your need, repay and reuse your line for any future requirement
Frequently Asked Questions
FAQs
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
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 - Compliance
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
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)
Nodal Officer Details
Shweta Jain,
Chief Operating Officer
customercare@liquiloans.com
+91-022-489-04685
(Monday to Friday- 10.30AM to 6.00PM,
except public Holidays)