GeM Sahay

Instant & Collateral Free Financing for MSMEs ​

About GeM Sahay

GeM Sahay is an initiative launched by the Government e-Marketplace,  offering comprehensive financing solutions 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 web-based & mobile application (iOS & Android), through OCEN APIs, which streamlines the lending process and provides quick funds 24×7 without any hassle.

Features of GeM Sahay

  • Collaterals free loans upto ₹ 10 Lakh within 10 minutes
  • Instant and frictionless financing 
  • Digital platform to connect with various lenders

Benefits of Choosing 121 Finance on GeMSahay

  • Competitive interest rates 
  • Flexible repayment options 
  • Quick and easy application process 
  • Loans disbursed within 10 minutes 
  • Financing options available for MSMEs
  • *Expert guidance and support throughout the process 

Fee & Charges

  • Attractive interest rates 
  • Competitive processing fee charged by lender with no hidden charges 
  • No pre-payment penalties 

Eligibility Criteria

  • You must be the sole proprietor with GST registration 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