Trivandrum, known as the ‘Evergreen City of India,’ is the capital of Kerala. The state’s most populous city, Trivandrum, consists of major IT and ITES hubs in India and is responsible for a massive portion of software exports. With a stronghold in the Information Technology, plantation, education, commerce, and tourism, Trivandrum is the fastest growing district in Kerala and accounts for a high percentage of Kerala’s GDP growth.
Moreover, the city has witnessed rapid growth and increased investment in sectors like real-estate, retail, and infrastructure in recent years. That is why the surge in applications for business loans has also heightened over the years in Trivandrum.
The features of a business loan are discussed below:
During emergency cash requirements, such a lengthy process might not be conducive to its efficient mitigation. Also, entrepreneurs who wish to start their own business often struggle to convince banks and NBFCs to get the approval of a business loan as they lack the CIBIL Score.
These are a few reasons why a traditional loan for business in Trivandrum is losing its importance and popularity, and gold-backed business loans are making their way as an alternative.
As gold loans are secured, borrowers need not go through the stringent eligibility criteria or lengthy documentation. They can get access to the funds immediately to continue their business operations.
Below is a brief discussion of the benefits of gold-backed business loans in Trivandrum.
Due to the availability of various business loan providers in Kerala, borrowers must choose wisely the right lending partner as per their requirement and after careful analysis of terms and conditions, repayment procedure, etc. Our lending facilities at Rupeek can prove to be very helpful for people looking for quick funds for a business.
Borrowers who are looking for a gold-backed small business loan in Trivandrum are assured of getting the following advantages from Rupeek.
Borrowers looking for ‘gold-backed loan providers near me’ in Trivandrum can avail our services instantly, courtesy of our presence across all the top localities in the city.
We provide services in the following locations in Trivandrum:
With several multinational technological companies, IT hubs, and flourishing real estate, infrastructure, and retail industries, Trivandrum is home to many possibilities for businesspersons. That’s why business owners must be smart with their financing. A gold-backed business loan in Trivandrum from Rupeek can be beneficial in this regard. Apply today and take a step closer to your dreams!
No. Rupeek does not accept items like gold bars and coins. Only gold jewellery of quality level above 18 carats is accepted.
At first, request a loan from the Rupeek website by clicking on the “Apply now” option or entering your phone number. Complete the KYC documentation and gold valuation process at your home with the loan manager. After that, get the money transferred to your account.
Rupeek is associated with leading banks. The lending partners of Rupeek are Federal Bank, Karur Vysya Bank, and ICICI Bank.
The minimum and maximum gold-backed business loan amounts are Rs.15000 and 1.5 crore, respectively.
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