What is GeM Sahay?
GeM Sahay is a fintech initiative powered by the Government e Marketplace platform that provides sole proprietorships, MSEs, and businesses instant, collateral-free working capital loans against active GeM Purchase Orders (POs).
By leveraging digital consent architecture, GeM Sahay allows sellers to share order details directly with top financial institutions, securing instant loan sanctions to fulfill government contracts without cash flow bottlenecks.
Key Benefits of GeM Sahay PO Financing
GeM Sahay solves working capital shortages for government suppliers through frictionless credit access:
Collateral-Free Capital
Obtain loan offers solely backed by your valid GeM Purchase Orders without pledging physical assets.
Instant Digital Approval
Receive competitive loan offers from multiple lenders within minutes of receiving a purchase order.
Attractive Interest Rates
Benefit from competitive interest rates driven by a transparent multi-lender bidding model.
Auto-Repayment via CRAC
Repay hassle-free directly as buyers make payments against the Consignee Receipt-cum-Acceptance Certificate (CRAC).
Step-by-Step GeM Sahay Onboarding Workflow
Our consultants guide you through setting up and utilizing the GeM Sahay application:
- Profile & Registration Audit: Verify GeM primary seller account and check GSTIN/PAN alignment.
- GeM Sahay App Installation & Registration: Download the official GeM Sahay application and complete secure authentication.
- Lender Consent Management: Set up digital consent preferences allowing lenders access to order information.
- Loan Selection & Electronic Agreement: Evaluate real-time loan offers, select optimal interest terms, and sign the e-contract.
- Virtual Account Setup & Disbursal: Link your designated auto-repayment account to receive working capital funds.
Prerequisites & Requirements for GeM Sahay Credit
Mandatory Account Credentials
- Active GeM Primary Seller Account with clean order fulfillment history
- Registered Mobile Number linked with GeM and GSTIN
- GSTIN Registration & Latest GST Returns Filing Status
- Active Bank Account with Net Banking/e-NACH Mandate capabilities
Order Prerequisites
- Confirmed Purchase Order (PO) issued on the GeM Portal
- Unfulfilled or partially fulfilled purchase order eligible for financing
GeM Sahay Consultancy Fee Structure
| Service Package | Scope of Consultancy | Consultancy Fee |
|---|---|---|
| GeM Sahay Portal Onboarding | Account registration, profile sync, GSTIN validation, and lender consent configuration | ₹2,499 + GST |
| End-to-End PO Credit Assistance | Profile setup, live order financing submission support, e-agreement execution, and disbursal tracking | ₹4,999 + GST |
Frequently Asked Questions (FAQs)
1. Is security or collateral needed for GeM Sahay loans?
No. Loans under GeM Sahay are 100% collateral-free. The purchase order itself acts as the underlying security for the financial institution.
2. How much funding can I get against a Purchase Order?
Lenders generally offer credit ranging from 70% to 90% of the total purchase order value based on the seller's credit assessment and order history.
3. Who are the lending partners on GeM Sahay?
GeM Sahay partners with leading public/private sector banks and RBI-registered NBFCs to ensure competitive lending rates.
4. How is the loan repaid once the government department pays?
When the buyer department releases payment against the CRAC, the funds are routed through a designated virtual account where the lender's dues are deducted automatically, and the remaining amount is credited to your main account.
*Note: Document requirements and Service Fee may vary by tender, category and registration type. Tendershala's consultants confirm the exact checklist and service fee that applies to your specific requirement.