Stepwise Guidance of Business Loan for Women in Bangalore

In the present century, it feels proud after rapidly emerging of women entrepreneurs in India. It shows the perfect collaboration of entrepreneurship. The city of Bangalore has been noticed for budding women entrepreneurs. For motivating to become the same, it requires a steady source of the capital where Rupee Station deserves to support so. Rupee Station is the emerging platform of online lending that helping to create the force of successful women entrepreneurs. Rupee Station is coming up with several schemes that offer up to INR 25 Lakhs at the unbelievable lowest interest rate from 10.99 – 20% annually. Here, we’ve enclosed some key features of Rupee Station in terms of supporting women encourage by business finance loans in Bangalore.

Rupee Station Collateral and Non-Collateral Loans:-

Collateral is the type of the asset that you borrow against. Suppose, if you have vehicle, property or gold etc, then lender will places a lien on the collateral until you pay back the loan. In case of not paying back the mortgage, then the lender will sell his collateral.

Non-Collateral loans termed as the loan that where you can borrow money from the lender without giving any collateral. The interest rate in this loan usually lender faces a high level of risk without the collateral.

Rupee Station caters to the business loan and helped deserving women entrepreneurs across India to start their dream business. Rupee Station also works under SIDBI and the Government of India’s CGTMSE; for example- Credit Guarantee Fund Trust for Micro and Small Sized Enterprises, where the entrepreneur requires to have an incorporate a Private Limited Company or LLP while also obtaining the necessary approvals and registration of tax.

The types of Business Loans Recommendation for Women:-

Business Loan for Agriculture and Manufacturing-

At Rupee Station, you can access the brief features and advantages of numerous banks and non-banking financial companies. As like Dena bank, the recognized platform for serving business loan to all women entrepreneurs through their scheme called “Dena Shakti” for the field of agriculture, manufacturing, and other small businesses. Here, you can avail the loan up to INR 20 Lakhs.

Business Loan against Property-

You can also consider Bharatiya Mahila Bank which offers SME easy loan for traders, service providers and manufactures under the CGTMSE scheme along with the loan ranges from INR 1 to 20 crores. You can repay this loan amount until seven years with the interest rate of only 12.25%.

Food Catering Business Loan-

Women entrepreneurs who wish to expand their business level in the field of food catering industry, then State bank of Mysore and Bharatiya Mahila Bank are the most recommended solution. This loan is usually obtained for selling Tiffin/lunch packs and offer easy eligibility criteria, and it is also available under the CGTMSE scheme which specially designed for all women entrepreneurs between the ages of 18 to 60 years. There is a three year of loan repayment period with the interest rate of 11.5%.

You can also get a small Business loan through submitting minimal documentation from various banks. Rupee Station is the leading platform that serves you to avail Women business loan in Bangalore within two days only once your eligibility criteria and the required documents were accepted. Rupee Station is led by the team of dedicated professionals that aim to sort you in any hindrances.