The city of thousand temples, Kanchipuram, is enriched with magnificent shrines, remarkable stone cravings and beautiful heritage sites. The presence of temples like Varadharaja Perumal Temple, Kamakshi Amman temple, Kumarakottam Temple has made it the most sacred pilgrimage site of India.
This holy city of Tamil Nadu not only stands out for its heritage aspects but also the flourishing economy. With so many major industries blooming all around the city, Kanchipuram has become a favourable business destination for start-up owners. Entrepreneurs can avail an MSME loan/SME loan to meet an array of business expenses.
With several loan schemes introduced by the Central MSME Department, small scale industries are getting more flexibility in terms of capital and interest subsidy, and other financial assistance.
Some of these loan schemes introduced are:
While these schemes come with a number of convenient features and provide an opportunity for the small business owners to grow, the processing time creates a hindrance. Usually, it takes several days to get the loan sanctioned.
Business owners can also gather funds from private banks and NBFCs. Individuals can simply voice search ‘MSME business loan provider near me’ to check the lenders offering this credit option. However, in this case, also borrowers usually face difficulties with the stringent eligibility criteria and specific document requirements.
Thus, as an alternative, one can choose a gold loan that comes with numerous benefits without imposing additional hassles. Also, with Rupeek, these benefits can be maximised to a great extent.
Among so many attractive deals and loan schemes offered by both the Government and top banks, Rupeek’s gold loan stands out for its convenient features.
The maximum gold-backed MSME loan/SME loan amount you can avail with Rupeek is Rs. 1.5 crores. You can also use our loan calculator to check the amount you will be receiving against the gold.
Availing funds for your SME/MSME is more hassle-free with Rupeek’s multiple repayment options. You can pay regular EMIs or enjoy complete flexibility by paying instalments as per your convenience.
In the case of business-related emergencies, Rupeek becomes a convenient option due to its instant loan approval and disbursal feature. On top of that, from KYC verification to finally getting the loan sanctioned, the entire process gets completed within 30-45 minutes, from the comfort of your home.
One of the striking facilities offered by Rupeek is our gold credit line, Rupeek Quick. You can access funds anytime from the sanctioned limit as per your needs. Plus, the interest gets charged on the used sum only, not the total amount. It further helps borrowers with the repayment process.
Most of the business owners struggle with finding a suitable lending company that does not impose unbearable liabilities on them. While availing the loan from Government institutions are time-consuming, private financial institutions and NBFCs follow rigid eligibility criteria to make the loan sanction process too difficult.
Rupeek’s gold-backed MSME loan/SME loan comes as an ideal option while availing the loan in Kanchipuram.
While a conventional MSME loan/SME loan is customised to help small businesses grow and expand their operations, Rupeek’s gold loan makes a better substitute with affordable interest rates and instant access to funds.
So make use of the Rupeek app and online portal to support your business with its compelling benefits.
No, CIBIL score is not important when it comes to a gold loan. Because a gold loan is secured, lenders are more lenient in this respect.
The loan tenure can go up to 6 months. You can shorten it by prepaying early against no extra charge. Extension of the tenure is also possible by repledging the gold ornaments.
Yes, individuals are required to update us regarding any change in the address or location if their loan status is still active.
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