Trivandrum, the capital of Kerala, is situated on the west coast in India along the Arabian Sea. Officially known as Thiruvanthapuram, it is an epitome of art and culture. Aside from having various scenic destinations, it also features a picturesque urban charm. This city is home to many famous temples such as the Sri Padmabhaswamy and the Attukal Bhagavathy.
Over the years, the mineral processing, textiles and handicraft industries have been instrumental in the overall growth of the state's economy. This city also houses the offices of some of the leading technology companies such as Oracle, Infosys, TCS and more. Moreover, with the advent of government initiatives such as MUDRA loan in Trivandrum, there has been a considerable rise in the number of micro and small scale enterprises.
If you're an aspiring business person requiring funds urgently to start your own retail business, opting for a MUDRA loan can be an option worth considering. Additionally, business owners can also avail this form of financial assistance to accelerate the growth of an existing enterprise. Let's delve into the Pradhan Mantri MUDRA Yojana details.
MUDRA loans are segregated into the following categories based on the financial requirements of micro and small scale enterprises:
Applicants must fulfil the eligibility criteria given below to avail a PM MUDRA loan:
Individuals need to submit the following documents to avail a MUDRA loan in Trivandrum:
As one can infer from above, meeting the stringent eligibility criteria can be a challenge for most individuals. Moreover, the documentation process can also be quite tedious. If you’re a businessperson who is unable to avail a MUDRA loan in Trivandrum, opting for a gold loan instead can be an ideal solution.
Gold loan is a secure advance that lenders sanction to applicants against their gold ornaments. Unlike MUDRA loans, borrowers can finance all types of expenses since there are no end-use restrictions. Moreover, businesspersons can avail a significantly higher amount of credit to expand the operations of their enterprise.
In the past few years, Rupeek has become one of the most preferred gold loan providers in this country. Our efficient and cost-effective solutions have played a crucial part in fuelling the growing popularity of gold loans in India.
Following are some of the benefits of Rupeek Gold loan:
Residents of the following areas can avail our doorstep loan service:
Your search for ‘easy MUDRA loan provider near me’ ends here with us. Raising funds to accelerate the growth of your enterprise is now more convenient than ever. Opt for a gold loan instead of a MUDRA loan in Trivandrum if you want flexible financing and enjoy the above-mentioned features.
Ans. No, as of now, our lending partners only accept gold ornaments as collateral. Other gold items, such as bars and coins are not accepted by our lending partners. Also, please note that the purity level of the gold ornaments has to be between 18-24 karats.
You can get a MUDRA loan in Trivandrum from any commercial bank. Specific NBFCs and MFIs also offer this financing option.
Ans. We offer complimentary gold insurance for every customer. Once the gold valuation and KYC process is completed, your gold is transported to the authorised bank branch in a sealed bag with GPS tracker. Upon arrival, the ornaments are stored in secure lockers under 24/7 surveillance. So, be assured that your gold is safe with us.
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