GROx - formerly MyShubhLife

At GROx (formerly MyShubhLife, a product of DTPL), we understand that running a business comes with big dreams and even bigger needs. Whether you are stocking up for a festive demand, upgrading equipment, expanding operations, or simply managing everyday cash flow, access to timely credit can make all the difference. Get collateral-free credit with zero paperwork, transparent pricing, and instant approvals powered by our smart, data-driven underwriting. Choose daily or weekly repayments that match your cash flow and keep your business growing with ease. Our Products - Credit Line: Borrow when in need. - EWI: Equated Weekly Installments. - EDI: Equated Daily Installment. - Term Loans: Simple monthly payments. Why GROx - Seamless Working Capital Loans on Your Favorite Platforms - Credit That Grows With Your Business - Tailored credit solutions that scale with your business cycles and revenue patterns. - Apply on your Business Platform, within Minutes - Quick onboarding, vernacular support, and embedded journeys to get loans faster. - Secure, Trusted, Compliant - No Hidden Fees, Ever Available Across Leading Merchant Platforms Apply directly on your trusted merchant platforms: • PhonePe • BharatPe • Paytm Meesho • Spice Money • MobiKwik • Flipkart • Rapipay • Meesho • Airtel Payments Bank • PayNearby • Fino Payments Bank Who can apply for a loan? Businesses operating as retailers, merchants, and distributors across India who are in business with commercial or digital platforms offering non-lending financial or merchant services can apply for MSME loans with GROx through their respective business engagement platforms. Eligibility depends on meeting GROx's lending terms and conditions and the digital platform being partnered with GROx. How to apply for a loan on the GROx App? Access the loan application through GROx's partner platform. Upload your KYC documents and business proof. GROx will notify you of your loan approval status upon successful submission. Who is eligible for an MSME loan? Registered MSMEs in India with the required documentation and compliance with GROx's eligibility criteria can apply. UGRO Capital https://www.ugrocapital.com/lending-service-provider#digital-Lending-apps Important Information on MSME Loans Our Loan Products 1. Credit Lines Short-term loans designed for daily working capital needs, with daily auto-debit repayments synced with your business inflows. 2. Short-Term Working Capital Loans (EDI/EWI) 90-day credit products with Equated Daily/Weekly Installments. Ideal for managing inventory restocking and short business cycles. 3.Working Capital Term Loans Tenures of 3, 6, 9, or 12 months with structured repayment schedules. Perfect for slightly longer-term growth or seasonal expansion. Repayment Period: 3 months (min.) to 36 months (max.) Max. Annual Percentage Rate (APR): 48% Representative Example of the total cost of the loan This is an example to help our customers understand how EMI, interest and other costs are calculated. Actual amount, tenure, interest rate & processing fee will depend on the customer's risk profile. Loan Amount = ₹1,00,000 Duration = 12 months Interest rate = 26% Monthly EMI = ₹9,553 EMI = [P x R x (1+R)^N]/[(1+R)^N-1], P Loan Amount, R interest rate & N duration. Total Interest [(EMI x 12) – Loan Amount]: (₹9553 x 12) - (₹1,00,000) = ₹14,636 Other costs include Processing Fee (@2% + 18% GST): ₹1,00,000 x 2% = ₹2,000 + 18% GST = ₹2,360. Total costs = ₹14,636 + ₹2,360 = ₹16,996 Total Repayment = ₹1,00,000 + ₹16,996 = ₹1,16,996 *Final loan amount, tenure, interest rate, and processing fee are customized based on your business profile, transaction data, and platform partner integration. Contact Us: Mail: [email protected]