How to get Mudra Loan? Information, Documents, Apply Online. Mudra Loan

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How to get Mudra loan, How to take Mudra loan, this question comes to the mind of many people, who want to start their own small business or want to grow their business. Here you will get information about PMMY or Mudra Loan, what documents are needed for Mudra Loan and how to apply Mudra Loan Online, answers to all these questions are going to be found with complete information. So read this information till the end, you will get detailed information about Mudra Yojana. Will meet

In our country, many people do different types of business or business. Many of them run their own small businesses, which include shopkeepers, fruit vegetable vendors, people running small manufacturing businesses, people doing many types of business like animal husbandry. Generally, a capital i.e. money is required to carry forward such business, to open a new business or to fulfill the business-related requirements. Mudra loan can be easily taken to meet such business-related requirements. So let us know in detail about what is Mudra Loan –

What is Mudra Loan? About Mudra Loan

Curd 63 How to get Mudra Loan? Information, Documents, Apply Online. Mudra Loan

Mudra loan is a scheme in which PMMY (Pradhan Mantri Mudra Yojana), Under Mudra Loan, is provided. The loan is provided to small or micro-entrepreneurs under the PMMY scheme, in which loans up to Rs 10 lakh can be availed. Under this scheme, such businessmen can get loans, who run small businesses. The purpose of giving Mudra loans is to promote activities like increasing income and creating employment in various sectors.

How much do you get Mudra loan? – Mudra Loan Amount Details in Hindi

If you want to take Mudra Loan, then in this loan scheme you have Loans ranging from Rs 50,000 to Rs 10 lakh that may be obtained. In this, plans have been made keeping in mind the needs of various micro-enterprises, which are classified into Shishu, Kishore, and Tarun, etc. The amount of loans in these varies. In this way, with the aim of promoting entrepreneurship among the new generation through Mudra loans, in these categories Loan is provided.

Mudra Loan TypeLoan Amount
ShishuUp to Rs. 50,000
KishoreRs. 50,000 to Rs. 5,00,000
TarunRs. 5 Lakh to Rs. 10 Lakh

These categories of Mudra loans are designed to meet the needs of entrepreneurial sectors along with their business activities.

What are the documents required for Mudra loan?

If you want to apply for Mudra Loan, then some necessary documents are required in the process of applying for a loan. To apply under any of the different categories of Mudra loan, Shishu, Tarun, or Kishore, you have to submit this checklist i.e. the documents attached with the loan application, which is as follows.

Documents for taking Shishu Mudra Loan

If you are in the Shishu category ie Mudra Loan up to Rs.50,000 If the documents mentioned below are to be accepted by the bank for this purpose.

Identity Proof – Documents accepted as proof of identity

  • Voter ID Card
  • Aadhar Card
  • Pan Card
  • driving license
  • Passport
  • Copy of photo identity card (issued by government authority)

Any of the above documents can be used as identity proof. For this Self Attested copy of required documents i.e. self-attested copy is required.

Address Proof – Documents accepted as proof of address

  • voter card
  • Aadhar Card
  • Passport
  • Electricity Bill (Latest)
  • telephone bill
  • property tax receipt
  • Certificate issued by Panchayat or Municipal Corporation
  • certificate issued by government authority

other documents

  • Proof of identity/address of business or other relevant documents, if applicable
  • Quotation of Machinery (Quotation of goods to be purchased)
  • 2 photographs of the applicant (not more than 6 months old)
  • Proof of SC/ST/OBC/Minorities etc. (if applicable)

Documents for availing Mudra Loan in Kishore and Tarun Category – Kishore or Tarun Mudra Loan Documents, Checklist

identity proof

  • Voter ID Card
  • Aadhar Card
  • Pan Card
  • driving license
  • Passport
  • Copy of photo identity card (issued by government authority)

proof of address

  • voter card
  • Aadhar Card
  • Electricity Bill (Latest)
  • telephone bill
  • property tax receipt
  • Proprietor/Partner/Director’s Passport
  • Certificate issued by Panchayat or Municipal Corporation
  • certificate issued by government authority

Other Required Documents

  • 2 photographs of the applicant / proprietor / partner / director (not more than 6 months old)
  • Proof of SC/ST/OBC/Minorities etc. (if applicable)
  • Proof of identity/address of the business, copies of the relevant license or registration, copy of the relevant document or certificate of ownership of the business
  • Existing bank account details (last 6 months), if applicable
  • Balance Sheet for the last 2 years along with Income / Sales Tax Return (Income Tax or Sales Tax details) etc. (Applicable for all application with loan of Rs. 2 Lakh or more)
  • Details of sales made in the financial year up to the date of application
  • Estimated balance sheet of one year in case of working capital limits and loan tenure in case of term loan (applicable for all applications above 2 lakhs)

Apart from this, some documents may be required by the bank as per the requirement, the information of which is given to you by the bank.

How to apply for Mudra Loan? How to take Mudra Loan?

Curd 64 How to get Mudra Loan? Information, Documents, Apply Online. Mudra Loan

Mudra is a Refinancing Institution, which does not do the work of providing loan directly to you, but in this Mudra loan is provided through banks, NBFCs, MFIs etc.

The loan provided under the Mudra scheme can be obtained only through Banks and Lending Institutions, which includes all these institutions –

  • Public Sector Banks
  • Private Sector Banks
  • Regional Rural Banks
  • Small Finance Banks
  • State Operated Cooperative Banks
  • Micro Finance Institutions (MFIs)
  • Non Banking Financial Companies ( NBFCs )

If you want to apply or apply for Mudra Loan, then you have to contact your nearest bank branch, or NBFC, MFIs branch.

1. First of all go to your bank or visit your nearest bank branch, NBFC, MFI branch.

2. You will get detailed information about the Mudra scheme in the bank as well as detailed information about all the steps of how to apply for Mudra Loan.

3. You need some documents to take Mudra loan, you have to keep all the necessary documents ready as per the information given in the bank branch.

4. Now after taking information about applying Mudra Loan, you can easily apply for it.

5. Now in the process of applying for Mudra Loan, you have to fill Mudra Loan Application ie MUDRA Loan Application Form.

6, In this application form, you have to enter your general information as well as the necessary information related to your business.

7, Now the loan application has to be submitted along with the copy of all the documents given according to the checklist i.e. you have to fill this form along with the copy of your documents and give it to the bank.

How to apply Mudra Loan online?

If you want to apply online for Mudra Loan, then the facility of application is also available through the online process to take Mudra Loan. You can easily apply Mudra loan online from any place and get a Mudra loan.

Apply Online for Mudra Loan through Udyamimitra Portal

  • To apply Mudra Loan Online, online registration can be done by visiting www.udyamimitra.in.
  • After this your application can be seen by various leaders for providing loan.

Apply Online for Mudra Loan through Online Portal of Banks and NBFCs

  • You can visit the official website of Bank and NBFC.
  • Here you have to go to the loan category and go to Mudra Loan.
  • If the facility of applying Mudra loan online is available by the bank, then you will see a button of Apply Now here.
  • After this you have to submit by filling an online application form.
  • After this you can be contacted by the bank to complete the Mudra Loan Process.

Apart from this, you can also download the Mudra loan form from the official website of the bank and apply to the bank along with the required documents.

PMMY means Pradhanmantri Mudra Yojana Under this, loans can be easily taken for micro and small scale industries in rural, urban or metropolitan areas. The applicant can apply for the loan amount according to the requirement of his business in different categories of Mudra Loan and the facility of taking Mudra Loan is available through many banks or financial institutions.

Hope you have got the information about MUDRA Yojana (PMMY) or Mudra Loan. If you want to take a Mudra loan for any of your small businesses, then you can get detailed information about Mudra loans from your nearest bank branch.