Mudra loans in Noida

Businesspersons have to fulfil the following eligibility criteria to avail a PM MUDRA Yojana Loan:

• The age of an applicant must be between 18 and 65 years.
• The credit requirement must be below than Rs. 10 lakhs.
• The applicant must own anon-farming, non-corporate, income-generating enterprise engaged in manufacturing or trading services.
• An applicant must be a citizen of India having no criminal records and loan default records.

The documentation is also makes an integral part of eligibility that individuals need to fulfil.

Individuals opting for PMMY Noida are required to furnish the following documents:

• 2 passport size photographs
• Proof of Identity such as PAN Card and Aadhaar Card
• Proof of Address like a Voter ID card or Utility Bills
• Duly signed MUDRA application form.
• Income proof documents which include ITRs, Sales tax returns and more.
• Proof of belonging to SC/ST or OBC category (if applicable)
• Proof of business ownership such as trade license.

As one can infer, the documentation process of a MUDRA loan can be quite tedious. Moreover, it can be a challenge for small business owners and budding entrepreneurs to fulfil the strict eligibility criteria. If you’re struggling to raise funds to expand the operations of your business, opting for a gold loan instead of a MUDRA loan in Noida can be an ideal solution. A comparative study of both these credit options will help individuals to make an informed decision.

Here is a tabular representation pinpointing the differences between a gold loan and E MUDRA loan:

Moreover, with Rupeek, you can now avail a gold loan of up to Rs.1.5 crores by paying minimum interest.

Our efficient gold loan solutions have made us one of the most preferred gold loan providers among micro and small business owners in India. We provide financial assistance at the competitive interest rates to cater to your financial requirements. Here are some of the features of Rupeek’s gold loan:

• Hassle-free Documentation: Unlike the MUDRA loan government scheme, we have a hassle-free documentation process. Individuals availing a gold loan from us only have to submit their KYC documents along with a utility bill or lease agreement.
• No End-use Limitations: There is no end-use limitations on the loan amount availed from us. You are free to utilise the funds to finance various expenses such as child’s education, weddings, medical emergencies and more besides business.
• Flexible Repayments: With our gold loan, you have flexible repayment options. You can choose to repay the entire amount at the end of the tenure or pay via monthly instalments.
• Competitive Interest Rates: We offer the most cost-effective gold loan solutions. Our interest rates start at 0.79% p.m. Nevertheless, the interest is subject to change based upon your choice of gold loan scheme and location.
• Doorstep Service: We offer doorstep service, which enables you to raise funds from the comfort of your home whenever it’s convenient. Place a request with Rupeek and our authorised loan manager will be there at your location at a pre-set time to complete all the formalities
• Gold Loan Overdraft Facility: Businesspersons can address their cash flow issues without breaking a sweat by opting for our gold overdraft facility, Rupeek Quick. Pay interest only on the used amount and get access to funds 24x7.

Thus you can avail an instant online gold loan at your doorstep with Rupeek. Moreover, you can refer to the following list to contact us in Noida.

If you’re a resident of the areas mentioned below, you can avail our doorstep loan service:

• Sector 125
• Dadri
• Greater Noida
• Sec 16
• Sec 122
• Sec 12
• Sec 128
• Sector 30
• Sec 27
• Gurjinder
• Rabupura
• Maharshi Nagar
• Sec34
• Phase-II

Your quest for the best ‘MUDRA loan provider near me’ has now concluded. Avail our gold loan instead of a MUDRA loan in Noida and be a beneficiary of the wide range of features mentioned above. Place a request via our app and our executive will reach your destination as per the scheduled time to complete the formalities.

Once the KYC and gold valuation process is complete, the loan amount will be disbursed instantly into your bank account.

Raising funds to expand the operations of your enterprise has never been more convenient with Rupeek. Apply now!