Chqbook for Small Businesses

Download the Chqbook app & Make your Small Business BIG! 100% Free, Safe & Secure, Made in India 🇮🇳 with❤️ Chqbook is India's first Neobank for small business owners like Kiranas, Merchants, Chemists & all others proprietorship businesses. Since its launch in September 2020, Chqbook's Mobile App has been downloaded by over 15 lakh customers across 500 cities in India. Chqbook offers tailor-made financial products and services to small business owners. *Banking - Current Account* • India’s 1st Instant Zero Balance Current A/c • 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. You can do financial transactions with NEFT ,Imps from your bank account to any bank account in India Safety & Security of India's Private Sector Banks We do multiple verification checks to authenticate the user starting with mobile verifying the number through OTP. We also use Sim Binding to prevent fraud. This is mandatory to enter the banking section This is how sim binding happens when the user tries to open the banking section. 1. Backend generates a code for the particular mobile number used during OTP verification. 2. The app then sends the sms from the device to our number. 3. Backend verifies the code and mobile number of the user. 4. If verified we allow the user to proceed. If not we stop him from entering the banking section. *Business Loans* • Apply for business loans at best 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 Loan should note that: Loans have a repayment tenure ranging from 1 to 5 years. Depending on individual’s profile & the lender, the APR of a loan may vary from 17% - 32% For example, on a business loan of ₹ 3.5 lakh @ interest rate of 30% & repayment tenure of 2 years, the EMI will be ₹19570/-. Total payout here would be: • Principal Amount: ₹350000/- • Interest (@30%): ₹119665/- • Processing Fees (@2%): ₹7000/- • Documentation charges + GST (0.3%+GST): ₹1239/- • Other charges(0.2%+ GST) : ₹826/- • Total cost of the loan: ₹478730/- We are not directly engaged in money lending activities and are only providing a platform to facilitate money-lending by registered Non-Banking Financial Companies (“NBFCs”) or banks to users. • The list of the partner Non-Banking Financial Companies (“NBFCs”) are: - 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://cdn.flexiloans.com/epimoney/List%20of%20Sourcing%20Partner.pdf - Flexi Loans Technologies Private Limited https://www.neogrowth.in/partner-2/ • In case of change of payment mode or any delay or non-payment of EMIs, additional charges / penal charges may also be applicable. Depending on the lender, prepayment options may or may not be available & applicable charges for the same may vary • Responsible Lending Our policies and services are fully regulated and legally compliant. We are member of Fintech Association for Consumer Empowerment (FACE) https://faceofindia.org/index.html and IAMAI . We adhere to FACE 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, shop. • No medicals. Instant Policy. Read Chqbook Privacy Policy here https://www.chqbook.com/privacy/