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.
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