Business Loan in Howrah

Availing a business loan has been streamlined with the introduction of the online application process. Here is a step-by-step guide –

1. Visit the official website of a financial institution. Duly fill out the online application form with relevant details
2. Submit necessary documents
3. Complete verification of documents

The applicant will receive approval and disbursal of the loan amount subsequently after due documentation.

However, one must fulfil the eligibility requirements before they can apply for an unsecured business loan in Howrah. Here are the details – 

Along with these criteria, one needs to keep the following documents handy to expedite this process further –

1. KYC documents
2. Proof of address
3. Business ownership details
4. Income tax details of minimum one year
5. Partnership deed, if it is a partnership firm
6. Audited financial papers
7. Registration documents or Certificate of Incorporation

Generally, small loans in Howrah for business are considered as high-risk lending options because of their unsecured nature. As a result, the rate of interest charged on such financing facility is significantly high. Also, the document verification and loan approval process often take up to a week to complete.

Looking for an alternative?

Business owners can quickly circumvent this hassle of a traditional business loan by opting for gold-backed business financing options. Since gold backs up such a loan, its eligibility requirements are favourable to small businesses, and they are convenient to repay as well.

However, selecting the correct lender is also important to have a hassle-free borrowing experience. In this regard, Rupeek is a name to reckon with. As one of the leading fintech companies of India, Rupeek offers various schemes for gold-backed easy business loans in Howrah.

1. Lowest Interest Rate

Our gold-backed business loan interest rates start from 0.49% per month. This factor makes interest repayment exceedingly affordable for small business owners.

2. Doorstep Service

Individuals can avail one of the best business loans in Howrah from the comfort of their home. After completing the application process, our representative will get in touch with the applicant for further processing. Following that, our company executive will visit the applicant’s address to validate KYC and evaluate the gold items. After completion, the borrower will receive the funds instantly in their account. The entire process takes around 45 – 60 minutes.

3. Credit Line Facility

Growing a business with Rupeek is now easier than ever because of Rupeek Quick. It is a credit line facility that business owners can take out by pledging their gold articles. They can withdraw money as per their requirements, and only pay back the amount they have withdrawn. It reduces the repayment burden on borrowers as well since they need to pay interest only on the utilised amount.

4. Repayment Flexibility

We offer multiple repayment options that include one-time bullet payment, traditional EMIs, etc., for a hassle-free and convenient repayment.

5. Rebate facility

At Rupeek, we offer an industry-first rebate facility on gold loans. Borrowers can avail this facility with regular repayment. The rebate amount depends on the frequency of repayment.

Searching for ‘gold-backed business loan providers near me’?

Well, we are pleased to inform you that Rupeek has a strong online and offline presence across Howrah. Thus, we can respond to any query and complete the entire process almost instantly.

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• Alampur
• Argari
• Bandel
• Bankra
• Kalara
• Chakpara
• Mahiari
• Tentulkuli
• Eksara
• Karia

The business opportunities in Howrah are increasing rapidly. Also, the continuous efforts of the West Bengal government in terms of administrative reforms are helping companies to set up their units conveniently. To top all this, our hassle-free business loan has made it easier for scores of individuals to secure an efficient financing solution. So, instead of scouring through the internet for a lender, contact us at Rupeek for quick and affordable financing.