PM Mudra Loan, All the people who want money to start a business are being provided money under Mudra Yojana, under which Shishu Kishore Tarun some types of loans are being made available under which the amount can be received and they While getting the benefit of the amount at the lowest interest rate, while taking forward your business, you will also be able to repay the loan received from the government and will also be able to run your home.
PM Mudra Loan 2023
Pradhan Mantri Mudra Loan Yojana has been implemented at the national level by Prime Minister Narendra Modi, under which all the people across the country who want to take advantage of the scheme can apply through online mediums. Under Pradhan Mantri Mudra Yojana, you can get a loan ranging from ₹ 50000 to ₹ 1000000, for which you will have to submit your documents and give details of your income etc.
After which your application will be confirmed and the loan will be made available to you by the government, for which you will have to provide the minimum interest rate, on the basis of which you can also repay the money received by the government while taking your business forward and get the benefit of government money. By taking this, you can further your business, for which subsidy will also be given to you by the government. An attempt has been made to provide complete information about the scheme for you, which you will be able to get by staying till the end.
PM Mudra Loan
| article name | PM Mudra Loan |
| launch of the plan | 15 April 2015 |
| beneficiary | All citizens across the country who want to receive money for business |
| grade | government scheme |
| Document | Aadhar Card Mobile Number PAN Card Permanent Address Business Address |
| official website | www.mudra.org.in |
Types of Pradhan Mantri Mudra Yojana
There are many types of Pradhan Mantri Mudra Yojana under which loans are made available to you, you can see their details on the basis of points given below-
- Shishu Loan – This is the smallest loan in which the amount is provided only for you to start small business. Loans up to ₹ 50000 are provided to people under Shishu loan.
- Kishore Loan – Kishore & Medium is Ranji under which amount is provided for you to do some good business which you can take advantage of and under Mudra Yojana the beneficiary will be allotted loans ranging from ₹50000 to ₹500000.
- Tarun Moment – Loans ranging from ₹ 500000 to ₹ 1000000 will be allotted to the beneficiaries of Tarun Mudra Yojana.
Read Also:
Bank which provides loan under PM Mudra Loan Yojana
The names of many banks were also issued by the Government of India to provide benefits to all of you, under which you can go to any bank and complete the application through online medium, after that you will be able to take advantage of the Pradhan Mantri Mudra Yojana which the bank Some are like this-
- Allahabad Bank
- Airtel Payment Bank
- Bank of India
- Corporation Bank
- ICICI Bank
- Jammu and Kashmir Bank
- Punjab And Sind Bank
- Dena Bank
- Canara Bank
- Karnataka Bank
- Syndicate Bank
- Union Bank of India
- Andhra Bank
- Bank of Maharashtra
- IDBI Bank
- Punjab National Bank
- Tamil Nadu Mercantile Bank
- axis Bank
- Indian Bank
- Kotak Mahindra Bank
- State Bank Of India
- Saraswat Bank
- UCO Bank
- Bank of Baroda
- Central Bank of India
- HDFC bank
- Oriental Bank of Commerce
- Union Bank of India
Benefits of PM Mudra Loan Scheme
- Under the Pradhan Mantri Mudra Yojana, loans are made available to all the traders by the government without any guarantee.
- Under the Pradhan Mantri Mudra Yojana, all the traders are being given an opportunity to move forward by the government.
- Under Pradhan Mantri Mudra Yojana, you have to deposit the minimum interest rate on the loan so that there is profit in your business.
- Under Pradhan Mantri Mudra Yojana, you are given up to 5 years to repay the loan.
- You will also be given a Mudra card which you can use to repay the loan.
Documents for PM Mudra Loan Scheme by the Prime Minister
You can apply for the scheme through an online medium, for which you will need documents, which are as follows-
- Aadhar Card
- mobile number
- pan card
- permanent address
- business address
- Balance sheet of last three years
- Income Tax Return and Self Tax Return
- passport size photo
Process to apply online under PM Mudra Loan Yojana
- To take advantage of the Mudra Yojana, you must first go to the official website of the Mudra Yojana.
- Click on the option of “Pradhan Mantri Mudra Yojana” on the home page of the official website.
- You have to choose the type of loan as per your eligibility.
- Now you will be asked some important information in which you enter the details of your eligibility information and documents.
- Read all the information carefully and then click on the submit button.
- The verification process of the application will be completed and the loan will be disbursed to you.
What is the official website of Pradhan Mantri Mudra Yojana?
The official website of Pradhan Mantri Mudra Yojana is
www.mudra.org.in
Who can apply for Pradhan Mantri Mudra Yojana?
In PM Mudra Loan Yojana, all the citizens across the country who want to get money for business can apply for the scheme.