PM Mudra Loan Apply (PM Mudra Loan Apply) : The Prime Minister of our country, Shri Narendra Modi has started the PM Mudra Loan Scheme. Under this scheme, the citizens of the country will be provided loans in the form of financial assistance of ₹ 10,00,000. If a citizen wants to start his small business or wants to expand his existing business, then he can easily get a loan of up to ₹ 10,00,000 by applying under the Mudra scheme. In this article, we will tell you about the scheme. PM Mudra Yojana ObjectiveDocuments, Beneficiary and Benefits. You are requested to read this article till the end and get all the important information related to the scheme.
PM Mudra loan apply
Micro Units Development & Refinance Agency (MUDRA) Loan Scheme Mudra Yojana is an important initiative of the Indian Government, aimed at providing loans to individuals (individuals), small and medium enterprises (SMEs) and micro, small and medium enterprises (MSMEs). The government has divided the Mudra Yojana into three parts – Shishu (up to Rs 50,000), Kishor (Rs 50,001 – Rs 5 lakh) and Tarun (Rs 5,00,001 to Rs 10 lakh). The maximum loan amount can be up to Rs 10 lakh. The specialty of this scheme is that the applicant is not required to provide any kind of security for the loan.
There are three types of Mudra loan schemes run by the Government of India – Shishu Loan, Kishor Loan and Tarun Loan. Under this scheme, any citizen gets the opportunity to avail the loan as per his requirement. If you want information about Mudra Bank Scheme, Pradhan Mantri Mudra Yojana and Mudra Loan, then you can get complete information about it from here.
PM Mudra Yojana Objective
PM Mudra Loan Apply is a scheme whose PM Mudra Yojana Objective To help many people of the country who want to start their own business, but due to lack of money they are hesitant to start it. Under this scheme, the central government has planned to provide loans for these people in an easy and simple way. Its purpose is to make the dreams of the people of the country come true and make them self-reliant and empowered.
PM Mudra Yojana Beneficiary
PM Mudra Yojana Beneficiary The following are :-
- sole proprietor
- partnership
- service sector companies
- micro industry
- repair shops
- owner of trucks
- food business
- Seller
- micro manufacturing form
Mudra Loan Yojana Benefits
- Mudra Loan Yojana Benefits This scheme is an important option for the citizens, because under this scheme loans are available without any guarantee.
- There is no processing fee for the loan in this scheme.
- The repayment period of the loan received under the Mudra Loan Scheme can be extended up to 5 years.
- Under this scheme, a loan of ₹50,000 to ₹10 lakh can be availed.
- The interest rate on loans obtained under this scheme is lower than loans from other banks.
Mudra Loan Yojana Documents
Mudra Loan Yojana Documents Under this, people setting up small businesses and those who wish to expand them can apply for the loan.
- The age of the person taking the loan should not be less than 18 years.
- Applicant should not be a defaulter of any bank
- Aadhar Card
- Pan Card
- Permanent address of the applicant
- Business address and proof of establishment
- Balance Sheet of last three years
- Income Tax Returns और Self tax Returns
- Passport size photograph
PM Mudra Loan Online Apply
To get a Mudra loan of up to ₹ 10 lakhs sitting at home, you have to follow these steps which are as follows –
- PM Mudra Loan Apply 2024 To apply for this, first you need to Official Website You have to come to the home page of
- Now you will get the option of Apply Now here, on which you have to click,
- After clicking, a new page will open in front of you.
- Now all you applicants have to enter all the information asked here and do OTP verification
- Now here you have to select the amount of loan you want to take,
- After making the selection a new page will open in front of you
- Now you have to fill the application form,
- All the required documents need to be scanned and uploaded.
- After scanning and uploading the documents, you will have to click on the submit option, after which you will get a message of loan amount being deposited in your bank account
- Lastly, this way you can all easily PM Mudra Loan You can apply online and avail the benefits of this.
By following all the above steps, you can get a loan under this scheme and avail its benefits.
PM Mudra Loan Offline Apply
To apply offline in Pradhan Mantri Mudra Loan Yojana, you will have to follow these steps which are as follows –
- PM Mudra Loan Apply 2024 To apply offline, first you have to go to your nearest bank branch,
- After coming here you will have to get that PM Mudra Yojana – Application Form
- Now you have to fill this PA Mudra Application Form carefully,
- All the required documents must be self-attested and attached with the application form.
- Finally, you have to submit all your documents and application form in the same bank branch and get its receipt etc.
After following all the above steps, you will be able to apply for this scheme easily.
FAQ About Applying for PM Mudra Loan
How much interest is charged on PM Mudra Loan?
The interest rate applicable on these units will be between MCLR + 0.40% to MCLR + 1.65%. Loans under MUDRA are without collateral security. However, the bank gets the charge of the assets created from bank finance.
What is the interest rate for Rs 50,000 Mudra loan?
If you are starting your own business and looking for financial help, then you can avail a maximum loan of Rs 50,000 under this scheme. Its interest rate is 10% to 12% per annum with a repayment period of 5 years.
Who is eligible for Pradhan Mantri Mudra Yojana?
Any Indian citizen who has a business plan for a non-agricultural income generating activity such as manufacturing, processing, trading or service sector with a loan requirement up to Rs.10 lakh can approach a bank, MFI or NBFC to avail MUDRA loan under PMMY.
