Mudra Loan Apply
Mudra Loan Apply
Prime minister Narendra Modi has launched PMMY Scheme to encourage more self-employment to be developed through the aid of Mudra loan offered by banks.

Mudra Loan Apply

Mudra Loan Apply

Mudra Loan Apply stands for Pradhan Mantri Mudra Yojana Loan scheme initiated by government of India with an aim to “fund the unfunded” extend affordable credit to micro and small enterprises. Mudra Loan are designed to boost enterprises into formal financial system under PM mudra loan scheme offered to non-farm micro or small enterprises engaged in income generation through manufacturing, trading and services. Apply for mudra loan online and use the mudra EMI calculator facility to grow your business.

Key Features:

  • Credit facilities to micro and small enterprises
  • No collateral or security required
  • No processing charges
  • Can be used for a variety of purposes
  • No minimum loan amount

Types of Mudra Loan Products

There are three types of mudra loan schemes, namely Tarun, Kishor, and Shishu.

Name of Scheme                                            Loan Amount

Shishu                                                             Up to Rs.50,000

Kishor                                                              Rs. 50,000 – Rs. 5 lakh

Tarun                                                               Rs. 5 lakh to Rs.10 lakh

How to Apply for Mudra loan?

Step 1:  Applicant are required to visit to search and compare loan offers.

Step 2: Select your preferred banking partner and simply click on get quote by filling up basic details.

Step 3:- Shortly a dedicated representative will get in touch with you to explain products features and specifications.  

Step 4: After verifying your profile and knowing your eligibiltiy, application will be processed further.