Precautions to be taken in Online transactions through Net Banking / Debit Card / Credit Card / Wallet

DO’S

  • Keep your login credentials confidential
  • Keep your debit /credit card and its statements in a secure place
  • Carry / Preserve your debit /credit card number along-with other details
  • Save the toll-free customer service number in your phone / diary for ready access to report lost /stolen cards
  • Memorize your CVV and PIN
  • Keep yourself updated on misuse of card
  • When purchasing items over the Internet, give your debit /credit card details only on reliable websites and to a company you trust. Reputable merchant sites use encryption technologies to protect your debit /credit card information
  • Subscribe for SMS / Email alerts for card transactions so that any misuse of the card, you get an immediate alert
  • Promptly check your debit /credit card statement and report immediately if there are any transactions that you do not recognise or are unauthorised by you
  • Watch out for imposters/fraudsters that claim to be from NeoGrowth / your Bank / other agencies and ask you to “verify” your debit /credit card details to make sure you are protected.
  • Be wary of high-pressure sales tactics such as “SCRATCH & WIN” where they ask for your debit /credit card details
  • When you receive a call from a Telemarketer asking personal sensitive questions, more likely they are calling for an illegal / illegitimate business. Should you feel suspicious of the phone call, kindly contact us or your Bank through an email
  • Change your Debit Card / Credit Card / Wallet PIN, immediately, if you feel there could have been a compromise
  • Preferably, change your PIN on Debit Card/ Credit card / Wallet frequently
  • Always logout from the Wallet once you have completed the transaction
  • If you lose your mobile phone with Wallet, block your wallet account by calling up the Customer Service of the wallet provider
  • Always set a screen lock for your mobile phone, to avoid misuse
  • Always read the FAQ, Do’s and Don’ts of the card / wallet provider before your start using the card / wallet
  • Report phishing emails / fraudulent calls to your Bank / Service Provider

DON’TS

  • Never share your Net Banking login (Customer ID, User ID and Password) to anyone
  • Never lend your debit /credit card to anyone
  • Never share the CVV and PIN of debit / credit card to anyone
  • Never share your wallet PIN
  • Never save your wallet PIN in your phone
  • Never let anyone see you input your PIN
  • In a service call, you will never be asked to verbally quote your card number / PIN. Never provide the card number verbally, you will only be prompted to punch in the card number / PIN through keypad
  • Don’t give your debit / credit card number to someone calling you on the telephone, even if the caller assures you that you will win a prize or an award
  • Never write or allow anyone to write your debit /credit card number on a cheque for identification purposes
  • Don’t make purchases from online retailers you’re unfamiliar with or who maintain a site that isn’t secure.
  • Never leave your debit /credit card unattended
  • Avoid using a public computer to shop online. If you do, please remember to log off and close the browser window when you are finished
  • Never send Credit / Debit Card information, such as PIN or retail purchase account numbers etc. in an e-mail as it may be intercepted
  • Never provide your Credit / Debit Card information on a website where a link is provided in a suspicious email

5 Ways in which Tracking Inventory has Evolved Over Time

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Most businesses require a reliable mode of tracking their inventory. It is not one of the most exciting parts of running a business, but still an extremely necessary one. As a business owner, you must always be aware of the number of good purchased, sold, and stocked. Keeping a manual count of your products is difficult, time-consuming, and not to mention, unreliable. However, thanks to technological advancements, there are a numbers of automated systems in place that can help you constantly keep track of your inventory.

Here are 5 ways in which you can make keeping inventory hassle-free and accurate:

  1. Tracking in Real-time: Gone are the days when you had to take a manual count of your goods at regular intervals. The invention of scanners has automated and simplified the process of tacking inventory infinitely easier. You can now receive live, real-time updates every time your product is moved.  You are aware about whether your product has been sold, or has made it to the retail outlet for the very first time.

 

  1. POS Systems to the Rescue: The need for a POS (Point of Sale) system is on the rise, now more than ever. A number of businesses are opting out of the manual billing system and adopting the POS system. More and more businesses are relying on concepts like barcodes, cash registers, touchscreen payment portals, and electronic payment options. This helps them keep an immediate track of sales made, and take a stock of the existing inventory.

 

  1. Reducing your Paperwork: One of the most obvious advantages of having an automated inventory tracking system in place is that it almost nullifies your paperwork. You do not need to maintain a hard record of your inventory, saving time and manpower. It also saves cost involved in hiring a team to manually manage your inventory.

 

  1. Diversifying your Solutions: As a business owner you now have a variety of software apps and tools to choose from when it comes to opting for inventory related solutions. The software apps are now more industry specific rather than being generic, making it easier for your inventory manager to manage your stocks. A number of software apps also offer customization options, making the whole process of managing inventory much more efficient.

 

  1. Information is the Game Changer: All inventory tracking software apps help you gain a unique and diverse degree of information about even the minutest detail regarding your stocks. You get a unique insight into every aspect of your inventory, right from manufacturing, purchases, stocktaking, to sales.

As a business, creating and managing your inventory can put a strain on your working capital, and that in turn can make you hesitant when it comes to expanding your business. In such a situation, opting for a short-term business loan can be a great idea. A number of companies like NeoGrowth give out easy, short-term business loans of upto ₹ 1.5 crores in India. Find out more at www.neogrowth.in.

 

NeoGrowth offers its clients quick, easy loans with no fixed EMIs, no collateral, limited documentation, and a loan disbursement period of just 3 days.


NeoGrowth Credit Pvt Ltd can help you get business loans. For more information refer here : https://www.neogrowth.in/applyNow/

You can also download NeoGrowth-business-loans PDF file for your reference.

Post By NeoGrowth Credit – Business Loans specially created for Retailers & Online Sellers

For more Information – email us on digital@neogrowth.in

How do you Make Accounting Easier for your Business?

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When it comes to business, accounting can turn out to be a boon or a bane, depending on how you decide to go about it. While running a business is a thrilling experience, accounting could turn out to be the glitch in the machine that gives you sleepless nights if not done right. No one blames you, accounting can be pretty complicated, but it doesn’t have to be. Today there are a number of ways in which to simplify your accounting, ranging from accounting software applications to outsourcing your accounts. You can try out a few options to chalk out what works best at making accounting easier for your business.

Here are 5 ways in which you can end your accounting woes for good:

  1. Automation is the name of the game:

Even when it comes to accounting, technology has progressed by leaps and bounds. There are a number of easy to operate accounting software apps that can help you manage your outgoing and incoming payments. Most of these apps automate tasks that originally take up too much time, say for example, bookkeeping.

 

  1. Easy accessibility:

It’s much smarter to opt for cloud-based software rather than one that is permanently installed onto your system, as with cloud-based software can be accessed from anywhere. Such apps are easy to manage and operate as most of the heavy-lifting is done by vendor of the accounting app.

 

  1. Hassle-free Tax Filing:

Cloud-based apps have inbuilt features that make automate tax calculations. You have the exact amount of taxes your customers owe you, and the amount of taxes you have to pay the government. Most software apps are automatically updated as and when the government passes new tax legislations, so you do not have to worry about the accuracy of the process.

 

  1. Appoint an Expert:

As reliable as accounting software can be, it’s always wise to call in an expert to take a look at your books at least once annually. Having a second opinion always helps in eliminating the possibility of errors and oversights.

 

  1. Maintain Records:

Make sure that you have a systematic record of every sale and purchase you make as a business. It is not uncommon for businesses to let customers purchase goods on credit. The important thing is to ensure that you have a clear and accurate account of what is owed to you by your customers. This practice will avoid issues like late or default payments.

It is always best to invest in a trusted accounting system, be it old school or technology-based. Any kind of investment in your business required funding, which can be a hassle in itself. However, with the emergence of finance credit companies like NeoGrowth, the process of gaining business loans in India has become much easier. NeoGrowth offers easy, short-term business loans of upto ₹ 1.5 crores with minimum documentation and doorstep service. Find out more at www.neogrowth.in.

 

NeoGrowth offers its clients quick, easy loans with no fixed EMIs, no collateral, limited documentation, and a loan disbursement period of just 3 days.


NeoGrowth Credit Pvt Ltd can help you get business loans. For more information refer here : https://www.neogrowth.in/applyNow/

You can also download NeoGrowth-business-loans PDF file for your reference.

Post By NeoGrowth Credit – Business Loans specially created for Retailers & Online Sellers

For more Information – email us on digital@neogrowth.in

What are the latest design trends for your restaurant or café?

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The food industry could most likely be one of the oldest industries in the world. No matter what, food is never going to go out of fashion. However, it takes a lot to stay on top of the restaurant business. Your food may compel your customers to momentarily forget their name, but to get the customer to your table is a task in itself. When a person chooses to eat at a particular restaurant, they are not only choosing a cuisine, but a complete experience, starting with your head waiter who shows your customers to their tables, the ambiance, the setting, how friendly the staff is, and of course, the quality of the food. So how do you make sure that your restaurant is the place customers want to visit repeatedly and recommend to their friends and family?

Here are 5 trends that you must follow to upgrade your business:

  1. Theme-based Ambiance:

Incorporating a theme into the ambiance of your restaurant is one of the most attractive changes you could make to your existing outlet. Some of the most popular themes are Bollywood, rural traditional, and 80’s sports bar. It enhances your customers’ experience as a theme-based ambiance is an escape into an alternative reality.

 

  1. Technology-friendly Operations:

More and more restaurants are become a lot more tech-savvy now that technology plays such an important role in our everyday lives. Everything from booking your food online through an app to stock management has become automated. A number of restaurants have also done away with physical menu cards and instead customers place their order on a tab, which is directly communicated to the kitchens.

 

  1. Food Festivals:

You cannot deny that the thought of a food festival is something that just instantly puts you in a good mental space, so imagine the wonders it can do for your restaurant business, if done right. You can include trends like an exotic brunch menu, complimentary cocktails, unlimited food and many more. Some restaurants even charge an entry fee for food festivals which can in turn become a great source of revenue any day.

 

  1. Coffee is the New Tea:

Yes, that is right. You cannot ignore the fact that coffee has become the new cool drink to have in town. It wouldn’t hurt to install a professional coffee maker that churns out delicious beans into an excellent drink while tipping the financial scales in your favor. Besides the classics people have now developed a taste for more customized options when it comes to this bitter beverage.

 

  1. A Varied Cuisine:

Gone are the days when a certain cuisine could become the “specialty” of your restaurant. Today it is imperative to your restaurant business that you are more versatile and can offer a wide range of cuisines under your roof. Customers look for choice, and more is always merrier.

 

While it is nice to speculate how you can take your restaurant forward, funds are always at the eye of the needle. A quick, flexible business loan could be what you need to grow your business to the next level. NeoGrowth offers easy business loans of upto ₹ 1.5 crores with minimal documentation and easy disbursement options.

 

NeoGrowth offers its clients quick, easy loans with no fixed EMIs, no collateral, limited documentation, and a loan disbursement period of just 3 days.


NeoGrowth Credit Pvt Ltd can help you get business loans. For more information refer here : https://www.neogrowth.in/applyNow/

You can also download NeoGrowth-business-loans PDF file for your reference.

Post By NeoGrowth Credit – Business Loans specially created for Retailers & Online Sellers

For more Information – email us on digital@neogrowth.in

How do you keep your Home Décor Business Ahead of the Competition? Find out.

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No matter what, a person’s home is a sure fire representation of his or her personality, their preferences, and what makes them tick. People generally put in a lot of effort and time into designing the interiors of their home, carefully choosing out furniture, drapes, paints, kitchenware, and bathroom models. As a home décor business owner you have to be on the top of your game while anticipating the current and future trends, and the mind sets of different customers.

Here are 4 ways in which you can keep your home décor business ahead of the curve:

  1. Keep track of International Trends:

It so happens that a lot of customers in India look towards the trends prevalent in the West when contemplating interior designs for their own homes. It makes absolute sense to keep an eye out for latest trends, like say for example, vintage furniture in pastel colours is very “in” currently. Similarly, minimalistic, rustic designs that stand out but do not overpower your senses are quite popular.

 

  1. Don’t do away with the Classics:

Some trends simply do not change, no matter how much time passes. For example, Italian marble flooring and hardwood flooring have been around for a while and looks like they are here to stay. It is important that you have a vast variety available at your stores so that your customers do not feel compelled to visit your competitors.

 

  1. Kitchen of Steel:

Love them, or hate them, stainless steel kitchen models are here to stay. Stainless steel adds a certain level of sophistication to the interior of a home, making it the go-to option for a lot of trend-savvy customers. Greys and blacks are the most preferred options, especially when added to European kitchen styles. These kitchens are gaining popularity in the Indian markets.

 

  1. Metallic Tones:

Metals like brass, iron, and steel are becoming fast favourites amongst Indian home owners. These metals could be incorporated in the form of show pieces, furniture, or even bathroom ware. You could inspire customer loyalty in your customers when they realise that you are a step ahead of the curve in fulfilling their ever changing requirements.

 

Customers today expect you to anticipate their needs before they themselves are aware of them. Having a varied inventory with multiple options is always preferable. Stocking up on inventory could eat out a chunk of your working capital, making you weary of new inventory purchases. In such situations, a hassle-free business loan could go a long way in solving your business woes. Companies like NeoGrowth offer fast, easy business loans in India of upto ₹ 1.5 crores. The process of applying for the loan is stress free as they offer doorstep services and require minimum documentation to qualify for the loan. You no longer have to skimp on expanding your business. Find out a little more about the process at www.neogrowth.in.

 

NeoGrowth offers its clients quick, easy loans with no fixed EMIs, no collateral, limited documentation, and a loan disbursement period of just 3 days.


NeoGrowth Credit Pvt Ltd can help you get business loans. For more information refer here : https://www.neogrowth.in/applyNow/

You can also download NeoGrowth-business-loans PDF file for your reference.

Post By NeoGrowth Credit – Business Loans specially created for Retailers & Online Sellers

For more Information – email us on digital@neogrowth.in

Are You Eligible for a Short-term Business Loan? Find out.

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Cash flow is one of the most important requirements of any business. You never know when you might be presented with an unbelievable business opportunity that you simply cannot afford to pass up. When your business is in need of immediate funding what do you do? Angel investors are usually hesitant when investing in a business that hasn’t been around for a good number of years. Applying to a financial institution, like banks or finance companies, for a loan may seem like the most obvious option to go with. However, your business has to qualify for the loan based on a very specific criterion set by these financial institutions. All financial institutions have their own unique standards against which they will gauge your business before sanctioning and issuing a loan.

Here are 6 eligibility markers that banks usually rely on for a business loan application:

  1. Annual Turnover:

Most financial institutions will gauge the future success of your business based on your annual turnover. Some institutes have a minimum requirement of ₹ 40 lakhs, and a maximum requirement of ₹ 300 crores. Some private credit providing companies have a more flexible requirement.

  1. Active Years in Business:

Some financial institutes simply do not entertain businesses that haven’t been around for more than 3 years. For example, your business has to be over 3 years old to even be considered by a bank for a business loan in India. Some financial institutions have a more flexible approach towards approving loans.

  1. Generation of Profits:

Most financial institutes grant loans exclusively to businesses that generate profits. Your business is eligible for quick business loans only if you have been generating profits for at least two years and above.

  1. Credit Rating:

Before approving loan for a business, the business owner’s credit worthiness is taken into consideration by financial institutions. If you have any massive outstanding loans, or have defaulted on your payments, most financial institutes will be hesitant to loan you money for your business.

  1. Age of the Applicant:

You have to be a minimum of 21 years of age to be considered for a business loan in India. Also, candidates above the age of 65 are not eligible for a business loan.

  1. Annual Income of the Business:

A number of financial institutes decline loans to a business that rakes in an annual income below ₹ 150,000 per annum. This often makes it difficult for small businesses or start-ups to attain a business loan from various financial institutions in India.

Fortunately, today there are a number of reliable and easy ways of attaining the required funding to boost your business. NeoGrowth is a private finance company that offers businesses loans upto ₹ 1.5 crores. NeoGrowth doesn’t have a stringent eligibility criterion, and offers quick, easy loans with no fixed EMIs, no collateral, limited documentation, and a loan disbursement period of just 3 days. Apply for a NeoGrowth business loan today at www.neogrowth.in.

NeoGrowth offers its clients quick, easy loans with no fixed EMIs, no collateral, limited documentation, and a loan disbursement period of just 3 days.


NeoGrowth Credit Pvt Ltd can help you get business loans. For more information refer here : https://www.neogrowth.in/applyNow/

You can also download NeoGrowth-business-loans PDF file for your reference.

Post By NeoGrowth Credit – Business Loans specially created for Retailers & Online Sellers

For more Information – email us on digital@neogrowth.in

Or Give Missed Call @ 08080861166

How a Short-term Business Loan can Help Take your Business to the Next Level

How a Short-term Business Loan can Help Take your Business to the Next Level

Any business, ranging from a start-up to a Fortune 500 Company, requires a steady inflow of capital. Businesses need capital for fixed and variable expenses. All businesses usually take a few years to start generating profits, and even then keeping up with market competition is a challenge. Capital goes a long way in ensuring that your business makes the cut above the competition. Short-term business finance solutions go a long way in boosting your existing business.

 

Here are 6 reasons why your business may require a loan:

1. Increase in Working Capital:

A business requires a steady flow of capital for various reasons. A quick business loan can give you some leg space when expanding your business. The capital can be utilised to expand the business geographically, hire fresh talent, purchase inventory and equipment, and add components to the business. For example, a well-established bookshop could look to add a coffee shop inside their stores.

 

2. No Profit Sharing:

At times, reaching out to investors can seem like a good idea when seeking finance for your business. However, an investor will most likely require a regular update on your revenues, and will also seek a fraction of your profits. On the other hand, a quick business loan is strictly about debt repayment. Loan providers have no claim on your profits.

 

3. Business Acquisition: 

Acquiring a new business, either as an asset to your existing business or a new business you can develop on its own, can drain your capital. How do you deal with this conundrum? A short-term business loan can ease the burden on your finances and help you acquire a lucrative business.

 

4. Investing in Advertising and Marketing Campaigns:

Nothing puts your business out there like advertising and marketing campaigns. The booming digital media industry provides businesses with tremendous advertising platforms. However, marketing campaigns are expensive. So how do you make the most of this and bring your business to the forefront? A short-term business finance solution can go a long way in hiring a top notch and effective marketing agency for your business.

 

5. Renovation: 

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Congratulations! Your business is booming and you wish to reflect that by revamping your offices? That’s a fantastic idea, but a renovation can massively drain your capital. In such a scenario, some short-term business finance can help you communicate your success to your clients and employees.

 

6. An Unexpected Business Opportunity:

Imagine a scenario where your business is doing just fine, and you don’t require any immediate cash flow. And then comes along a business opportunity that you simply cannot miss. Say for example, there is a massive discount on some high-end equipment you have been meaning to purchase, or you have an opportunity to acquire new inventory at an unbelievable price. What would you do then? A quick business loan could immediately solve your cash crunch.

 

NeoGrowth offers its clients quick, easy loans with no fixed EMIs, no collateral, limited documentation, and a loan disbursement period of just 3 days.


NeoGrowth Credit Pvt Ltd can help you get business loans. For more information refer here : https://www.neogrowth.in/applyNow/

You can also download NeoGrowth-business-loans PDF file for your reference.

Post By NeoGrowth Credit – Business Loans specially created for Retailers & Online Sellers

For more Information – email us on digital@neogrowth.in

Or Give Missed Call @ 08080861166

Dear Business, now I understand you!

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A grocery owner was successfully running his business from last 10 years. Once a teenager visited his store and searched for his favourite chocolates. He found them and went straight to the counter to purchase them. The grocery owner used his scanner to calculate the bill and told the kid – “230 Rupees”. Instead of giving the money, the young boy gave the owner a letter he had wrote.

The letter said: “Dear business, help me buy this chocolates through you.” Astonished to experience something like this, the owner looked deep into the eyes of the teenager. He could sense that the boy was genuine.

The owner took a pen and wrote on the letter -“Dear boy, sell one of this chocolates to any one and get the others free. Regards, Your Business”. After reading, the teenager took one of the chocolates and roughly after 3 hours he returned back to the store. He handed a new letter to the grocery owner with the chocolate he had taken.

The new letter read: “Dear business, now I understand you. Selling is not easy. You need patience, you need hard work and you need to convince. I am returning you your chocolate with a big heart but I am taking this business lessons with me”.

Building your business is not easy. We @NeoGrowth help you give the support for your business through our loans.


NeoGrowth Credit Pvt Ltd can help you get business loans. For more information refer here : https://www.neogrowth.in/applyNow/

You can also download NeoGrowth-business-loans PDF file for your reference.

Post By NeoGrowth Credit – Business Loans specially created for Retailers & Online Sellers

For more Information – email us on digital@neogrowth.in

Or Give Missed Call @ 08080861166

No idea is bad, they all are dots which connect your business journey path

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The owner of a big Cafe shop started suffering big losses in his profits. His loyal customers were no more coming to have their favourite coffee, plus very few new customers were turning up. After researching and gathering feedback from some customers, he found that people were getting “bored” with his menu and there was nothing which charmed them. Hence, he brainstormed and came with idea to introduce new food items and include a live guitar performance each day. This demanded good investment and it was a risk he was willing to take. Loaded with new food items and hiring a professional singer/musician, he started promoting his cafe through various ads. His efforts worked and new customers started coming. But, after few days, again he reached back to where he had started. Customers started declining again. This trend continued for days and business was again going in loss. Dejected by his failed ideas, when he reached the brink to close his business, he got an offer from one of his happy customers who was a big investor. That helped him to carry out new ideas and his business again was in profit!

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Just because his initial ideas didn’t worked out in his business, it doesn’t mean its useless! No idea is bad, they all are dots which connect your business journey path.

We @NeoGrowth help in the success of your business journey through our loans!


NeoGrowth Credit Pvt Ltd can help you get business loans. For more information refer here : https://www.neogrowth.in/applyNow/

You can also download NeoGrowth-business-loans PDF file for your reference.

Post By NeoGrowth Credit – Business Loans specially created for Retailers & Online Sellers

For more Information – email us on digital@neogrowth.in

Or Give Missed Call @ 08080861166

No one understands your business better than you!

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A young entrepreneur wanted to start a business with only 3 thousand rupees in his bank balance. Everyone in the society ridiculed him and gave him the suggestion to do a MBA and get a good job. But the young entrepreneur listened to none. He used his first 1000 rupees to buy some “dry fruits” from a trader friend at a cheaper rate and tried to sell it to his friends/relatives. Days passed but none of his friends/relatives bought it. Most of them said that by not buying his dry fruits, they are doing a favour to him so that he can stop this activities and do something more “productive”. After lot of thoughtful days, the young entrepreneur decided to use his next 1000 rupees. He went to his same trader friend and bought more dry fruits at a good whole sale rate. Now having double stock, he again went to his relatives/friends and again asked them if they want to buy it. They all were shocked to see that he has more stock with him than before. And they all enquired – “How come you have more dry fruits than before”. He replied with a smile to everyone – “ I am being more PRODUCTIVE”.

Everyone thought that his business is growing. And this is when the young entrepreneur got his FIRST sale!

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No one understands your business better than you! Patience, perseverance and financial help is required to succeed in your venture.

NeoGrowth loans is your financial support for your business! 


NeoGrowth Credit Pvt Ltd can help you get business loans. For more information refer here : https://www.neogrowth.in/applyNow/

You can also download NeoGrowth-business-loans PDF file for your reference.

Post By NeoGrowth Credit – Business Loans specially created for Retailers & Online Sellers

For more Information – email us on digital@neogrowth.in

Or Give Missed Call @ 08080861166