Also known as Baroda, Gujarat's largest city hosts numerous large-scale companies like Indian Oil Corporation, L&T, Gujarat Alkalies and Chemicals Limited, among others. Also, Vadodara supplies a large section of India's power supply equipment.
Several small businesses have also mushroomed over the years in this city. To encourage such ventures even more, the government introduced the MUDRA loan in Vadodara and across India.
PMMY Vadodara is a government scheme launched by GOI to extend financial support to the small and medium enterprises operating in this city and around the country.
MUDRA loan in Vadodara is available in three categories, and they are specified for the stage a business is in. Here are the details –
Even though a MUDRA loan in Vadodara offers easy access to funds, they are certainly not quick. The approval process takes around 7 – 10 days. Hence, it is not be suitable for emergencies. Besides, Rs. 10 lakhs may not be sufficient in all cases.
To avoid inconveniences of those sorts, one can consider a gold loan. It comes with no-end use restriction, a higher value but offers much quicker approval.
However, these are only the basic features of a gold loan. Individuals can enjoy even further benefits, like 30-minute doorstep service and gold overdraft facility, with Rupeek.
Rupeek, a leading Fintech Company of India, aims to amplify the borrower’s experience with various repayment schemes. The company also offers a host of other features that help entrepreneurs access required funds without much hassle.
Known as Rupeek Quick, this facility allow existing customers to pledge more gold and avail additional funds. This credit line facility is particularly useful for business owners, as it allows them to access funds as per their will.
Moreover, they are only responsible for paying interest on the amount they use, not the entire line of credit.
Customers can avail more funds from us against their gold articles with our highest per gram rate. With Rupeek, businesspersons can get up to Rs. 1.5 crores to finance an array of activities.
The loan transfer facility offered by us helps business owners to save Rs.12,377 per lakh. You can quickly opt for this facility by sharing your existing pledge card, and our representatives will guide you through the process.
One only needs to be 18 years old to qualify for a gold loan with us. Also, they need to submit just KYC documents to complete the loan application process.
The doorstep services offered by us further increases the convenience of selecting Rupeek as the gold loan provider. Following your loan application, our loan manager will reach the applicant’s house in just 30 minutes, and pending the verification process, he/she will get funds in just 60 minutes.
Moreover, our presence in prominent localities of this city allows us to offer instant gold loan services.
Individuals can get a doorstep loan in the following locations in Vadodara –
A MUDRA loan in Vadodara is an excellent financing option for small and medium business owners. However, it has its drawbacks, and gold loans can be a great substitute for it. Moreover, with Rupeek borrowers can enjoy loan up to Rs. 1.5 crores at their doorstep.
So, stop your search for ‘MUDRA loan providers near me’, and opt for a gold loan from Rupeek today.
You can apply for a gold loan from Rupeek via its official website. Once you initiate a loan request by registering your mobile number, a company representative will contact you for further processing. After that, loan managers will visit your address to validate the KYC documents and evaluate the gold articles. You will receive the loan amount instantly after that.
You can find the relevant details on the official website of MUDRA scheme. Simply search for MUDRA loan in Vadodara.
MUDRA Yojana for women are tailor-made to encourage women business owners. It helps them to avail funds at reduced interest rates, which help them with repayment.
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