GeM Sahay

Instant & Collateral Free Financing on GeM Sahay

GeM Sahay

About GeM Sahay

GeM Sahay is an initiative launched by the Government e-Marketplace, which offers a comprehensive financing solution to its proprietorship vendors. The digital platform connects proprietorships with various lenders, including 121 Finance, to avail instant and frictionless financing against their purchase order. The entire process is powered by the GeM Sahay app, through OCEN APIs, which streamlines the lending process and provides quick funds 24×7 without any hassle.

Features of GeM Sahay

  • Funds against purchase orders 
  • Instant and frictionless financing 
  • Digital platform to connect with various lenders 
  • Unsecured and short-tenure loans available 

Benefits of Choosing 121 Finance on GeMSahay

  • Competitive interest rates 
  • Flexible repayment options 
  • Quick and easy application process 
  • Expert guidance and support throughout the process 
  • 24×7 loans in less than 10 minutes 

Fee & Charges

  • Attractive interest rates 
  • Competitive processing fee with no hidden charges 
  • No pre-payment penalties 
  • Any charges are applicable subject to regulatory/statutory feasibility

Eligibility Criteria

  • You must be the sole proprietor with GST number and registered as a seller on GeM  
  • You should have purchase orders with payment types such as PFMS, GeM Pool, and CRPF Online account
  • If you wish to avail financing through a lender who is not your primary banker or through an NBFC on the GeM Sahay platform, you must have an Udyam Certificate issued by the Ministry of MSME, India

To know more about GeM Sahay or register, please visit: 

https://gem.gov.in/sahay