Mudra loan is government scheme to boost Indian economy by giving them loan without any security.
One can apply for Mudra Loan under PMMY both online and offline from public sector banks, private sector banks, NBFCs, co-operative banks, small finance banks, regional rural banks and microfinance institutions.
Individuals have to follow the steps mentioned below to apply for MUDRA loan:
1. Step 1. Keep the necessary documents ready. Applicants need to have the necessary documents required to avail a MUDRA loan. ...
2. Step 2. Approach a financial institution. ...
3. Step 3. Fill in the loan application form.
Eligible Anyone who runs small business enterprise is eligible to apply for mudra loan. Mudra yojana loans are given under three different categories. The first category, known as shishu (for extremely small business units) covers loans up to 50,000.
As we know The maximum loan amount offered under MUDRA scheme is up to Rs. 10 lakh with repayment tenure up to 5 years. ... Another benefit is that borrowers are not required to submit any collateral / security or any third party guarantee to apply for a Mudra loan.
Mudra Loan Yojana App Guide Include:
1. What is Mudra Loan Yojana
2. How to Apply Mudra Loan Yojana under PMMY
3. Is guarantee required for Mudra loan?
4. What is the maximum limit of Mudra loan?
5. How long does it take to get Mudra loan?
6. Which banks give Mudra loans?
7. Who is eligible for Mudra loan?
8. Is there any subsidy for Mudra loan?
9. Can a person take two Mudra loan?
10. What is the interest rate for Mudra loan?
Disclaimer:
This is not official app of mudra loan yoana this is only guide app only for information purpose and any government scheme nor associated with any Govt. body. Please do not treat this as official application and do not leave your contact / personal information such as Aadhar Number or Mobile No. in the comment below. It is not possible for us to reply to each comment/query; neither can we address the complaints regarding any scheme. We request all our visitors to visit the official website of the concerned department / authority for any complaint, query about the scheme / information.