The industrial city in Chhattisgarh which is also called as the cultural capital is none other than Raigarh. It carries both traditional value and best suited to start any business venture. Also, Raigarh was not under the governance of the British rule and hence after independence, it was the first city to become an individual district in the state of MP by joining hands with the Indian union. They are best known for the coal reserves as well as the power generation. It is indeed a small city with less than 5 lac people with huge scope for development.
With one of the ancient jute mills in India, Raigarh has plenty of opportunity in making business with jute. Yes, with the ban of plastic in India, now we can think of making jute bags in different sizes. So you can start looking for starting a home-based or small business with housewives to make jute bags, purses, etc. The investment depends on your plan but makes sure you plan for annual returns of at least 2 lacs.
Being the major producer of steel and iron ore in India, you can capitalize on the opportunity to start a small or medium business with this abundant resource. You can use the iron ore availability to produce steel. The raw material is present in the city which will allow you to start an engineering business based on your skills.
The major crop is rice in Raigarh and they produce more than 4 lac tonnes of rice in a year. You can start an export business or even sell them within India. Get them to the south and sell as rice is the chief food for south Indians.
In recent years, there are many malls developing and you can set up shops in the mall with minimum investment. Think of food outlets, fashion accessory, toys shop, and others. You can certainly make a profit as malls are a relaxing place during weekends for the general public.
Tasar silk is available in plenty in Raigarh. With this, you can plan to start an online store to retain the traditional values of India. Silk sarees are the most needed cloth during marriages and all festivals in India. You can think innovatively to stitch them as chudidhar, Patiala, salwar kameez, etc. Sell them online or set up shops, either way, you will see a profit.
Education is the key to a successful business. You need some basic business knowledge like where to start, how to etc. With this basic anyone can apply for a loan. However, as per the Indian law, you need to qualify in the following criteria and then we will have no issues to fund you.
With these qualifying criteria irrespective of religion, caste, creed, and gender anyone can approach FlexiLoans for a business loan.
Yes, you understood the qualifying criteria, but how do we confirm the same? Hence we need some basic documents to be submitted. But, don’t worry as we require only e-copies and no need to run around to submit any papers.
We can discuss any other documents required with you in person at the time of verification based on the details you provide.
So far we explained about what we expect from you and would like to tell our rates and charges. Based on the following details obtained from you we will be able to disclose our EMI, interest rates, and other charges. This will vary for each individual business and hence understand what decides these charges.
Note: Irrespective all these details we would want you to remember that the EMI amount will be hefty when you choose to do a risk business. It will be an easy amount to repay monthly if you borrow a small amount from us. Therefore discuss with us before taking any decision to help you understand better.
Even after knowing the above details we still can make calculation better by understanding your business nature and the following details together.
At this juncture, we would like to let you know our USP to decide about our service.
With these 5 features, we are proud to call us the best business loan provider in India.
Don’t delay and you can click here to apply. We are glad to process your application and provide you with a business loan in Raigarh.