Chqbook for Small Businesses 2.6.20

Download the Chqbook app to enhance your small business!

Chqbook is India's pioneering Neobank for small business owners, catering to Kiranas, Merchants, Chemists, and other proprietorship businesses. Since its launch in September 2020, Chqbook's Mobile App has been downloaded by over 1.5 million customers across 500 cities in India. Chqbook offers customized financial products and services specifically designed for small business owners.

Banking - Current Account

• India's first Instant Zero Balance Current Account
• Instant Fund Transfers at Zero Fee
• Available in Hindi, English, Hinglish, Kannada, Telugu, Marathi & Bengali
• Download Account statement in One-Click on mobile
• Earn Rewards on daily transactions
• Safety & Security provided by India's Private Sector Banks

Business Loans

• Apply for business loans at competitive rates
• Fast process & Speedy disbursal system
• Earn rewards on loan disbursal

Please note that "Chqbook" is the brand name of the application launched by Nineroot Technologies Private Limited. Chqbook is our developer name.

Customers applying for a loan should note that loans have a repayment tenure ranging from 1 to 5 years. Depending on an individual's profile and the lender, the APR of a loan may vary from 17% - 32%.

For example, on a business loan of ₹ 3.5 lakh with an interest rate of 30% and a repayment tenure of 2 years, the EMI will be ₹19,570/-. The total payout would be:

• Principal Amount: ₹350,000/-
• Interest (@30%): ₹119,665/-
• Processing Fees (@2%): ₹7,000/-
• Documentation charges + GST (0.3%+GST): ₹1,239/-
• Other charges(0.2%+ GST): ₹826/-
• Total cost of the loan: ₹478,730/-

We are not directly engaged in money lending activities but provide a platform to facilitate money lending by registered Non-Banking Financial Companies ("NBFCs") or banks to users.

The list of partner Non-Banking Financial Companies ("NBFCs") includes:

• Mamta Projects (P) Ltd - https://www.arthmate.com/helpTopic
• Niyogin Fintech Limited - https://docs.niyogin.com/wp-content/uploads/2022/01/list-of-lsps-and-dlas.pdf
• Lendingkart Finance Limited (Formerly Known As Aadri Infin Limited) - https://www.lendingkart.com/dsachannelpartner-xlr8/
• Neogrowth Credit Private Limited - https://www.neogrowth.in/partner-2/

In case of a change of payment mode or any delay or non-payment of EMIs, additional charges/penal charges may be applicable. Depending on the lender, prepayment options may or may not be available, and applicable charges for the same may vary.

Responsible Lending:

Our policies and services are fully regulated and legally compliant. We are a member of Fintech Association for Consumer Empowerment (FACE) - https://faceofindia.org/index.html and IAMAI. We adhere to FACE's code of conduct - https://faceofindia.org/codeofconduct.html

Grievance Redressal : Karanpreet Singh

Address: 401 & 402, 4th Floor, Tower C Magnum Tower II, Golf Course Ext Rd, Sector 58, Gurugram, Haryana 122011

Contact No: 9717945871

Email: [email protected]

Insurance

• Secure your car, bike, life, health, and shop
• No medicals required. Instant Policy.

Bill Payments

• Pay electricity bill, water bill, Landline bills, Broadband, Insurance, School Fees, Fastag, etc.
• Get reminders and pay using UPI.

Khata

• Free Digital Khata to manage your customers, suppliers, and orders
• Manage udhaari of your customers using Digital bahi khata
• Collect payments from customers by sending UPI payment links

Rewards

Get offers from top brands across entertainment, health, lifestyle, food, and travel

Read Chqbook's Privacy Policy here.