Loan Against Property


Our Loans Against Property can help you through life’s biggest moments. Weddings, personal passions, educational fees or career changes - we’ve got you covered. Refinance any existing commercial or residential property at the best rates today.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Udyog Loan Against Property


Are you an MSME owner looking to scale your business operations? Take your business to new heights with Godrej Capital Udyog Loan Against Property. Our loan solutions enable business owners to get higher loan eligibility by allowing multiple sources of income to be considered. With quick loan approvals and attractive interest rates, our goal is to help your business achieve growth.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Commercial Property Loan


Take your business to the next level with a Commercial Property Loan that finances construction, extension or improvement to make your business goals become reality. With plans designed for your life, you can rest assured that your business empire is in safe hands.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Balance Transfer


Transfer your existing loans to Godrej Capital and experience the benefits of lower interest rates, flexible repayment terms, and significant EMI savings. Enjoy higher eligibility, along with a Top-Up loan, to take care of your extra needs.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Home Loan


Seeking a Home Loan to buy a ready-to-move-in property, an under-construction house, or renovate your current residence? Our Home Loan, featuring low interest rates and flexible EMI plans, is specifically designed to help you accomplish buying your dream home.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Plot Loan


Found the perfect spot to build your future? Our Plot Loans can help make it yours. Our loans offer you the financial help, low interest rates and flexible payment options you need to construct the home of your dreams.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Professional Loan for Doctors


Whether you need working capital to start your own clinic or upgrade your current practice with new facilities and hire skilled staff, our professional loans for doctors are here to help you.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Professional Loan for Doctors


Whether you need working capital to start your own clinic or upgrade your current practice with new facilities and hire skilled staff, our professional loans for doctors are here to help you.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Professional Loan for CAs


Want to scale your professional practice? We now offer professional loans for doctors and chartered accountants (CAs) to help you expand your existing set-up, hire more staff, buy modern equipment, and fulfil other business requirements to improve and develop your services.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Business Loan for MSMEs


If you're an entrepreneur with a small business or an MSME and are aspiring to take your venture to greater heights, you're in the right space! While you hustle for your company's success, we stand prepared to accompany you on this journey. Access unparalleled funding possibilities with our MSME-focused business loans, aligning seamlessly with your endeavors for business growth.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Business Loan for Women


Are you a woman entrepreneur with a vision for business growth? We are excited to fuel your ambitions with our women-centric business loans. Whether you're spearheading a small-scale business or a micro enterprise, our MSME-focused business loans are designed to meet your business needs.


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs

Business Loan


We give you the courage to take that next step that your business needs. Godrej Capital Business Loans empower you with customizable financing solutions to grow your business to the next level!


Key Benefits | Interest Rates | Calculators | Documents Required | FAQs


Everything You Need to Know About KYC Verification

In today's fast-paced world, where financial transactions are increasingly conducted online, the importance of Know Your Customer (KYC) verification cannot be overstated. 


KYC verification process is important as it helps financial institutions verify the identity of their customers, assess their risk profile, and ensure compliance with regulatory requirements. As mandated by the Reserve Bank of India (RBI), all financial institutions must adhere to customer identification procedures by gathering and validating documents to ensure their authenticity. 


Let's delve deeper into what KYC is and how the KYC verification process works.


What is KYC?

KYC process is a regulatory and legal requirement that mandates financial institutions to verify the identity of their customers to prevent money laundering, fraud, and other financial crimes. The objective of KYC is to gather essential information about customers, such as their identity, address, and financial activities, to establish a customer's risk profile and facilitate enhanced due diligence. 


The two main types of KYC include-


  • Aadhaar card-based verification, and 
  • In-person verification (IPV). 


The Aadhaar card-based online KYC verification method enables electronic corroboration, allowing for a remote and paperless eKYC process. Conversely, in IPV, a offline KYC verification process is done wherein the customers must visit the financial institution in person to submit the KYC documents required.


What is the step-by-step process for offline KYC verification? 

Here is a breakdown of the offline KYC verification process:


Step 1: Download the KYC form.


Step 2: Fill in the form with your details, including your Aadhaar Card or PAN Card.


Step 3: Visit the nearest KYC registration agency (KRA).


Step 4: Submit the form with the attached ID and address proof.


Step 5: Complete biometrics if necessary.


Step 6: Collect the application number and track your application status online. 


While this procedure is straightforward, it may take up to 7 days for verification. 


Alternatively, the Aadhaar-based biometric authentication KYC process can be expedited as it involves limited in-person interactions along with online facilitation.


What is the detailed process for KYC online verification? 

There are two methods to complete your online KYC verification-


  • Aadhaar-based biometric KYC, or 
  • Aadhaar OTP


Opting for Aadhaar OTP is the fastest option, enabling you to finish the KYC process in just a few minutes. Here's a step-by-step guide to follow:


Step 1: Go to the official website of KRA (KYC registration agency).


Step 2: Log in to the website using your registered mobile number and enter the OTP received on your mobile device.


Step 3: Create a self-attested copy of your e-Aadhaar and upload it.


Step 4: Agree to the terms and conditions.


Also Read: Eligibility and Documents Required for MSME Certification 


Alternatively, for Aadhaar-based biometric KYC, a slightly different set of steps is required:


Step 1: Visit the official KRA website (KYC registration agency).


Step 2: Complete the same KYC online steps mentioned before.


Step 3: Select the option for biometric authentication online.


Step 4: Await a visit from an authorized representative to your provided address.


Step 5: Present original documents as requested and await KYC approval.


Online KYC verification can be completed in under 24 hours. 


Since KYC is mandatory for banks and non-banking financial institutions (NBFCs), it is recommended to verify your KYC promptly.


Understanding the Documents Required for KYC in India

While undergoing KYC verification, there is a list of mandatory documents known as officially valid documents (OVDs) recognized by the Government of India. These documents fall into two categories:


1. Proof of Identity:

- PAN card


- Aadhaar card, passport, driver's licence


- ID card with photo issued by central/state departments, statutory/regulatory authorities


- ID card issued by banks, public financial institutions


- ID card issued by colleges affiliated with universities


2. Proof of Address:

- Passport, voter's ID, lease agreement, ration card, flat maintenance bill


- Utility bills (e.g. gas, electricity) dated within the last 3 months


- Bank statements


- ID card displaying address information


- Residence proof issued by notary public, gazetted officer, parliament, bank managers, multinational foreign banks, scheduled cooperative banks


Remember, compliance with these documentation requirements is essential for a smooth KYC process.


All About The KYC Verification Process:

Customer Identification: The KYC process begins with customer identification, where the customer provides official documents such as a government-issued ID, passport, or driver's license to establish their identity.


Address Verification: Customers are required to provide proof of address, such as utility bills or bank statements, to verify their current residential address.


Risk Assessment: Financial institutions assess the customer's risk profile by analyzing factors such as the nature of their business, source of income, and transaction history to determine the level of risk they pose.


Enhanced Due Diligence: In cases where customers are deemed high-risk, enhanced due diligence measures are implemented, which may include additional documentation, background checks, or ongoing monitoring.


Ongoing Monitoring: KYC is not a one-time process; financial institutions conduct periodic reviews and updates of customer information to ensure compliance with regulatory requirements and mitigate risks.


Compliance Checks: Financial institutions also perform compliance checks to ensure that customers are not involved in illegal activities, such as terrorism financing or money laundering.


Also Read: Exploring the Benefits of Income Tax Return Filing in India


KYC verification is an essential component of the customer onboarding process for financial institutions, helping to reduce financial crime and protect the integrity of the financial system. Financial institutions conduct periodic KYC checks to update customer information, with the frequency of updates determined by the customer's risk profile. High-risk clients are typically mandated to update their KYC details biennially, medium-risk clients every eight years, and low-risk clients every decade.


By understanding the importance of KYC and adhering to the KYC verification process, customers can contribute to a safer and more transparent financial environment.


Remember, when it comes to KYC verification, compliance is key!


Disclaimer: The contents of this article are for information purposes only and not a financial advisory. The information is subject to update, revision, and amendment and may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Godrej Capital or its Affiliates to any requirements. Godrej Capital or its Affiliates shall not be responsible for any direct/indirect loss or liability incurred by the reader for making any decisions, financial or otherwise based on the contents and information mentioned. For more information, please visit