RUGR | Best Fintech For Rural In India

An agriculture equipment loan is the key to improved productivity and efficiency for farmers through the use of modern machinery. RUGR , one such fintech company committed to helping farmers across India, offers customized loans to purchase agricultural equipment. Understanding the documentation involved will help in seamless processing of the application for the availed loan.  Here's a step-by-step guide on the documentation required to apply for an agriculture equipment loan. Identity Proof The first document required in the entire documentation process is valid identity proof. It includes: Aadhaar Card: One of the most accepted identities in India. PAN Card: Necessary for tax purposes and almost a must when approaching a financial institute. Voter ID : It, too, can be used as a valid proof of identity. The above documents validate the applicant's identity and also help the lenders to assess their eligibility for the loan. Address Proof Apart from proving their identity, ap...

In India, organic farming and sustainable agriculture have become quite trend in the recent time. The financial institutions including the fintech businesses such as Rugr has also provided certain loans to support this change as the farmers are now knowing the benefits of these techniques. This piece tackles the many loan types that fit organic and environmentally friendly agriculture, as well as the options provided by Rugr and other lenders. Understanding Sustainable Agriculture Sustainable agriculture refers to a system of food production that is done in a socially acceptable manner, economically efficient and in an environmentally friendly manner as well. For instance, organic farming does not use artificial fertilizers and pesticides and instead relies on inputs such as compost and crop rotation. This has made people who are conscious of their health and the increasing demand for organic products to convince farmers to switch from the conventional farming to organic farming. Type...

In recent years, the agricultural sector in India has witnessed a significant transformation, particularly with the advent of fintech solutions. Among these innovations, Rugr's mobile banking service stands out as a game-changer for farmers seeking loans. By simplifying the loan application process, Rugr is making it easier for farmers to access the financial support they need to enhance their productivity and efficiency. Streamlined Application Process Rugr’s mobile banking service is designed with the farmer's needs in mind. Traditional loan application processes can be cumbersome, often requiring extensive paperwork and multiple visits to banks. However, with Rugr, farmers can apply for agricultural loans in India directly from their smartphones. This convenience eliminates the need for long travels to bank branches, especially in rural areas where access to financial institutions is limited. By leveraging mobile banking in rural Bharat, Rugr allows farmers to complete thei...