Mudra loans in Kolkata

PM MUDRA Yojana loan is a Government initiative that aims at boosting the MSMEs and SMEs of the country. Small business owners can avail MUDRA loan for restaurant, purchasing machinery and several other business expenses. They only have to voice search for ‘MUDRA loan providers near me’ to get the nearest lender’s contact details that offers loan under this scheme. 

MUDRA finance Kolkata is divided into three segments that include –

• Shishu

Under Shishu MUDRA loan Kolkata, beneficiaries are eligible to apply for funds up to Rs. 50000.

• Kishore 

Small business owners can opt for up to Rs. 5 lakhs by availing Kishore MUDRA loan Kolkata. 

• Tarun 

Established entities can avail a fund up to Rs. 10 lakhs under Tarun MUDRA loan Kolkata. 

However, for each of this segment, individuals need to fulfil specific eligibility criteria.

Following are the units that are eligible to apply for Pradhan Mantri small business loan. 

• Individuals 
• Proprietorship business 
• Partnership firms
• Private Limited Companies 
• Any non-farm, non-corporate entities engaged in income generation
• Entities with loan requirement less than Rs. 10 lakhs 
• The applicants must not have any default history 
• Duly filled MUDRA application form. 

Based on these parameters and the applicant’s credit profile, the MUDRA loan interest rate in Kolkata is determined. On top of that, they also need to furnish some documents as well to complete their eligibility. 

Since MUDRA loan in Kolkata can only be used for business purposes, the business owners need to furnish the following documents. 

• Identity proof
• Address proof
• Business ownership proof 
• Documents containing a business plan
• Proposed investment documents

After submitting the documents, lenders take almost 7 – 10 working days to process the loan and disburse it. 

However, individuals can bypass these lengthy documentation and eligibility checking by opting for a gold loan. 

Besides quick processing, a gold loan also offers a gamut of benefits that individuals can consider before opting for a MUDRA loan in Kolkata. 

• The documentation is simple
• No need for credit score
• Low interest rate
• Reduced cost of borrowing
• No restriction on end-use 
• Doorstep facilities
• Correct use of gold equity

Individuals can enjoy all these perks along with some additional benefits by choosing a Rupeek gold loan. We have curated our gold loan terms of service that ensures a pleasant borrowing experience. 

Individuals can consider the below-mentioned features and facilities of Rupeek gold loan to make an informed decision. 

1. Improved Gold Security 

We take the security aspect of the gold with the utmost importance. We follow the below-mentioned measures to ensure optimum safety of the gold. 

• Our loan manager collects the gold from the borrower’s residence and carries it in a GPS-enabled container. It allows borrowers to check the movement of the gold. 
• After the gold is deposited to the nearest bank’s vault, the borrower gets a notification about the same. 
• The gold is kept in a military-grade secure vault with one of our lending partner’s nearest branch. 
• The pledged gold enjoys complimentary insurance for the entire tenure. 

2. Doorstep Services 

To full-proof the security aspect, as well as to ensure borrower’s convenience, we also extend doorstep services. Therefore, with Rupeek, individuals can enjoy an instant online gold loan at their doorstep. After the request for a gold loan is placed, the loan manager reaches the borrower’s house or office within 30 minutes. The KYC documentation and gold appraisal take a few more minutes. Within one hour, the total loan processing gets over. 

3. Sizeable Amount 

The LTV of Rupeek gold loan is up to 80%, allowing borrowers to access Rs. 1.5 crores with sufficient gold. They can also use the gold calculator that estimates the gold amount that they have to pledge to get their desired loan amount. 

4. Overdraft Facility 

Individuals can further maximise the benefits of a Rupeek gold loan with our loan overdraft facility. Known as Rupeek Quick, this provision lets existing Rupeek customers avail funds on top of their primary loan. 

It is also instrumental in reducing interest payment burden as we levy interest only on the funds utilised. 

5. Easy Repayment Options 

Rupeek borrowers are given a choice to select from our repayment schemes that seem feasible to them. They can either choose to pay regular monthly instalments or pay off the entire amount through a single bullet payment or pay when it suits them within the tenure. 

Borrowers can avail all these benefits irrespective of their place of residence. We are present in nearly 500 locations across the country. However, if you are residing in Kolkata, you can refer to the following list for exact locations. 

If you are currently based in any of the following places of Kolkata, you can request for Rupeek doorstep gold loan services. We are just a call away! 

• Ganesh Chandra Avenue
• Dum Dum
• Baranagar
• Jadavpur
• Kalighat
• Park Street
• Baghajatin
• Ballygunge
• Esplanade
• Taltala
• Tollygunge
• Dharmatala
• Park Circus
• Behala
• College Square
• Hastings

Thus, individuals who have enough gold in their possession can bypass the hassles of availing MUDRA Mitra in Kolkata and settle for a Rupeek gold loan instead. It will not only help with their business funds but also other personal requisites as well. 

Apply for a gold loan with Rupeek and kick start your business venture today!