Mudra Loan Apply

Financing can be a challenge, if you are a small business owner. Fortunately, there are several schemes like the Pradhan Mantri Mudra Yojana that aim to make entrepreneurial business easier. Under the mudra loan apply scheme, a loan of up to Rs.10 lakhs can be given to small business owners for capital and operating costs. APPLY NOW Find out if you are eligible for this loan and check the step-by-step process to apply for a Mudra loan online.

How to Apply for Mudra Loan Online?

The Mudra scheme offers financial support to businesses in the non-corporate and non-farm sectors of the micro, small and medium enterprises (MSME) sector. Remember, mudra loans cannot be taken for personal needs, and you must have a genuine business plan before applying for the loan.  

Interested applicants can apply for Mudra loan online by simply visiting the official website of the authorised banks. In which you must fill in the online application form for either the Shishu, kishore, or tarun loan scheme, depending upon your needs and the scale of your operations.

Step 1: To apply for a mudra loan, visit the official website of the PMMY-authorised financial institution, following with that, download the relevant form from the options.

Step 2: According to your requirements, download the form of the loan (Shishu, Tarun, or Kishore), and enter the personal and business details like your name, date of birth, residential/business address, and educational qualifications..etc.  

Step 3: Thereafter, submit the application form. Also, ensure you have the required documents while submitting them to the bank or financial institution.

Step 4: Once the loan application form and attached documents are processed and verified, the loan shall be approved and disbursed into your bank account.