GeM Sahay 2.0: Fast Collateral-Free Loans for GeM Sellers

The GeM Sahay 2.0 scheme is a revolutionary financing solution for sellers on the Government e-Marketplace (GeM). Launched to provide quick, collateral-free loans against confirmed purchase orders, it helps sellers maintain working capital and fulfill government contracts without cash-flow stress.

With approvals in just 10 minutes and loans up to ₹10 lakh, GeM Sahay 2.0 has become one of the most important support tools for MSMEs and startups registered on GeM.

What is GeM Sahay 2.0?

GeM Sahay is a digital lending platform integrated with GeM, built on the OCEN (Open Credit Enablement Network) framework. It connects GeM sellers with partner banks and NBFCs, enabling purchase order-based financing.

Unlike traditional bank loans, GeM Sahay:

Requires no collateral.
Processes applications digitally.
Provides pre-approved loan offers.
Disburses funds directly to sellers’ accounts.

Key Features of GeM Sahay 2.0

Loan Amount: ₹40,000 – ₹10,00,000.
Processing Time: Approval in 10 minutes, disbursal within hours.
Collateral-Free: No security or guarantee required.
Repayment Tenure: Up to 105 days (with 15-day buffer).
Rate of Interest: ~12% p.a. (varies by lender).
Loan-to-Value (LTV): Up to 80% of purchase order.
Paperless Process: 100% digital via GeM dashboard.
Partner Lenders: IDBI Bank, Kotak Mahindra, UGRO Capital, 121 Finance, etc.

Eligibility for GeM Sahay Loan

Must be a registered seller on GeM portal.
Valid Purchase Order (PO) on GeM.
PAN, Aadhaar, GSTIN, and linked bank account.
MSMEs, startups, and even large enterprises listed on GeM are eligible.

How to Apply for GeM Sahay 2.0

Login to your GeM dashboard.
Go to Finance → GeM Sahay Loan.
Select loan offer from partner lenders.
Submit basic details (PAN, Aadhaar, GST).
Loan approved digitally within minutes.
Amount disbursed directly to your account.

Pro Tip: Use the loan only for fulfilling government POs to avoid repayment issues.

Benefits of GeM Sahay for Sellers

Instant Working Capital: No delays in executing government orders.
No Collateral Stress: Even small sellers can get funds.
Boosts MSME Growth: Helps compete with larger enterprises.
Integrated with GeM: Transparent, fast, and trusted.
Supports Digital India: Built on OCEN framework, ensuring inclusivity.

Real Impact of GeM Sahay

Over 14,000 sellers have already benefitted.
Loans worth ₹23+ crore disbursed since launch.
Average approval time <10 minutes.

Example: A small AgriTech startup selling drones on GeM received a ₹5 lakh loan within 15 minutes of applying, helping them fulfill a bulk order from a state agriculture department.

FAQs on GeM Sahay 2.0

Q1. What is GeM Sahay loan?

A collateral-free loan scheme for GeM sellers against purchase orders.

Q2. What is the maximum loan amount?

Up to ₹10 lakh.

Q3. Is collateral or guarantee required?

No, the loan is completely collateral-free.

Q4. How fast is loan approval?

Loan approvals take as little as 10 minutes.

Q5. Which banks/NBFCs offer GeM Sahay loans?

IDBI Bank, Kotak Mahindra, UGRO Capital, 121 Finance, and more.

Useful Resources

Conclusion

The GeM Sahay 2.0 loan scheme is a game-changer for sellers on the Government e-Marketplace. With fast approvals, collateral-free lending, and digital processing, it empowers MSMEs and startups to confidently take up government orders without worrying about cash flow.

For GeM sellers, Sahay 2.0 is not just a loan — it’s a growth accelerator.