Mudra Loan Apply online
Mudra-Loan

Mr. Narendra Modi, the Prime Minister of India, launched the Pradhan Mantri MUDRA Yojana (PMMY) on 8th April 2015, and MUDRA (Micro Units Development and Refinance Agency Ltd.) loan scheme comes under this. It’s a big effort to help MSMEs. This government scheme’s main target is to finance small, high-risk businesses. MSMEs, non-farm sectors, and non-corporate sectors can avail of up to 10 lakhs through this scheme. And to borrow a MUDRA loan(Pradhan Mantri Business Loan), an applicant can approach any lending institution, such as MFIs, Co-operative banks, Commercial Banks, RRBs, Small Finance Banks, and NBFCs like Indifi. Moreover, you can apply online through these platforms.

Also Read: Why to Choose NBFCs Over Banks For A Business Loan In India

You must have a rock-solid business strategy to borrow a MUDRA loan(Pradhan Mantri Business Loan). This loan cannot be taken out for any personal need like purchasing a vehicle or even in case you are a rich business person. Under the following cases, a business owner can take out a MUDRA loan:

PM Mudra Loan Overview

PMMY Full FormPradhan Mantri Mudra Yojana
MUDRA Full FormMicro Units Development & Refinance Agency Ltd.
Eligibility CriteriaNew And Existing Business or Business Owners
Repayment Tenure3-5 years
Loan LimitUp to 10 Lakhs
Documents RequiredPhoto, Adress Proof, Income proof, Business ownership, etc
Who Can Avail LoanNon-corporate, Non-farm, and small business

For What Purpose We Can Take Mudra Loan?

  •      Workplace renovation
  •     Overdraft facility
  •      Agriculture-related activities
  •      Buying equipment and other resources
  •     Buying commercial vehicles
  •     Dropline overdraft

Also Read: Business Loan Denied? Here’s What You Should Do Before Applying

Businesses Which Can Avail MUDRA Loan:

  • Service sector companies
  •  Self-proprietors
  •       Micro-manufacturing companies
  •       Micro industries
  •       Partnerships
  •       Vendors (fruits and veggies)
  •         Repairing stores
  •         Foodservice businesses
  •         Truck owners

Also Read: Business Loan Vs. The Line Of Credit

Mudra Loan Eligibility Documents

  •         Proof of business address
  •         Evidence of business identity
  •         Passport size photographs
  •        Equipment and other product quotations
  •         Residential evidence
  •        Proof of business owner’s identity

Also Read: Best Ways Woman Entrepreneurs In India Can Avail Business Loans

How To Apply For MUDRA Loan Online

You can apply online for the MUDRA loan by visiting its registered bank or any NBFC official website. The online form is available on the website. Here are steps to follow to apply for the MUDRA loan online:

  • Choose the lending institution.
  • Download the application form.
  • Fill in all the details precisely.
  • Upload all required documents.
  • Finish all formalities by the lending institution.
  • Get the loan approved after this procedure is done.

Also Read: The Steady Rise Of Women Entrepreneurs In India

MUDRA Loan Types Available For Small Businesses

Based on the pace of development and growth stage of a business, alongside the financial requirement, these 3 types of MUDRA loans(Pradhan Mantri Business Loan) are provided:

Mudra Loan Funds LimitBest For Mudra Interest rate
Shishu loanUp to INR 50,000Start-up companies or Small BusinessesBased On Credit History & Lender
Kishor loan50,000 and INR 5 lakhsBusinesses require more funds for developmentBased On Credit History & Lender
Tarun loan5 lakhs to INR 10 lakhsDeveloped business but need more reach Based On Credit History & Lender

The rate of interest for the Mudra loan depends on the lender. The credit history is important in deciding the payback duration and rate of interest. The lender also decides the payback period.

Apply For Online Business Finance

What Is The Repayment Tenure for MUDRA Loan

Applicants will get the loan amount for the duration of 5 years. He/she can pay the lender through installments. The installment process is easy as rates of interest are low.

In case you are seeking a higher amount of funds with an easy borrowing encounter, choose a business loan from Indifi which is particularly crafted for your SME. We offer custom solutions to clients to ease the application procedure and access to immediate business finances.

Top Banks Offering Business Loan Under PMMY

Banks Offering LoanMudra Loan nterest Rate
SBI mudra loan
  • SBI mudra loan
  • Union Bank mudra loan
  • PNB mudra loan
  • BOB mudra loan
  • Canara bank mudra loan


By indifi

84 thoughts on “Mudra Loan – Apply Online, Interest Rate, Eligibility, Documents”
    1. Sir, you can apply for a business loan through our online application form on indifi dot com
      After filling the form our customer care executive will contact you for further queries and documents.

      1. Sir, agar app apne business ko badana chahte h toh aapko hum business loan de sakte h. Uske lie hamari website pe jaiye indifi dot com or application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

        1. Hi
          I would like to say that I work in Noida last 7 years bored with job I am very dedicated & Love to start my new Rental business in our area. Can you help me start this business need around 5 Lac.
          Regards
          Ajay 9650788916

      1. Sir, you can apply for a business loan through our online application form on indifi dot com
        After filling the form our customer care executive will contact you for further queries and documents.

      1. Sir, you can apply for a business loan through our online application form on indifi dot com
        After filling the form our customer care executive will contact you for further queries and documents.

  1. Dear sir me ek village se hu or rojgar ki talash Kar raha hu ek Mene chhota Sha bijnens khola dodh DEARe ka or use badane ke liye lon jarorat hai Kya mujhe mudra lon mil Shakta hai please call me my mo Na 9981249724 mp

    1. Sir, hum Mudra loan nhi dete, lekin agar app apne business ko badana chahte h toh aapko hum business loan de sakte h. Uske lie hamari website pe jaiye indifi dot com or application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

      Thank You

    1. Sir, you can apply for a business loan through our online application form on indifi dot com
      After filling the form our customer care executive will contact you for further queries and documents.

    1. Sir, you can apply for a business loan through our online application form on indifi dot com
      After filling the form our customer care executive will contact you for further queries and documents.

    1. Sorry, Sir, We don’t provide Mudra loan, but if in case you are looking for a business loan, you can visit our website indifi dot com and fill the application form. Our customer care executive will contact you for further queries and documents.

    2. Sorry, Sir, We don’t provide Mudra loan, but if in case you are looking for a business loan, you can visit our website indifi dot com and fill the application form. Our customer care executive will contact you for further queries and documents.

    3. Sir, hum Mudra loan nhi dete, lekin agar app apne business ko badana chahte h toh aapko hum business loan de sakte h. Uske lie hamari website pe jaiye indifi dot com or application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

    4. Sir, hum Mudra loan nhi dete, lekin agar app apne business ko badana chahte h Uske lie hamari website pe jaiye indifi dot com or application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

    1. Sir, you can apply for a business loan through our online application form on indifi dot com
      After filling the form our customer care executive will contact you for further queries and documents.

    2. Sir, visit our online website and fill the online application form on indifi dot com
      After filling the form our customer care executive will contact you for further queries and documents.

    1. Sir, you can apply for a business loan through our online application form on indifi dot com
      After filling the form our customer care executive will contact you for further queries and documents.

    2. Sir, visit our online website and fill the online application form on indifi dot com
      After filling the form our customer care executive will contact you for further queries and documents.

    1. app apne business ko badana chahte h toh aapko hum business loan de sakte h. Uske lie hamari website pe jaiye indifi dot com or application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

    1. Sir, hum Mudra loan nhi dete, lekin agar app apne business ko badana chahte h toh aapko hum business loan de sakte h. Uske lie hamari website pe jaiye indifi dot com or application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

    1. Sir, you can apply for a business loan through our online application form on indifi dot com
      After filling the form our customer care executive will contact you for further queries and documents.

      1. Sir, you can apply for a business loan through our online application form on indifi dot com
        After filling the form our customer care executive will contact you for further queries and documents.

      2. Sir, Visit our website indifi dot com
        After filling the form our customer care executive will contact you for further queries and documents.

    1. Sir, hum Mudra loan nhi dete, lekin agar app apne business ko badana chahte h bina koi property dikha kar toh aapko hum business loan de sakte h. Uske lie hamari website pe jaiye indifi dot com or application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

  2. E-mail सर मुझे बिजनेस करने के लिए लोन चाहिए कृपा करके मुझे लोन देने की कृपा करें जय भारत

    1. Sir, agar app apne business ko badana chahte h toh aapko hum business loan de sakte h. Uske lie hamari website pe jaiye indifi dot com or application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

    1. Sir, agar app apne business ko badana chahte h toh aapko hum business loan de sakte h. Uske lie hamari website pe jaiye indifi dot com or application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

    1. Sir, you can apply for a business loan through our online application form on indifi dot com
      After filling the form our customer care executive will contact you for further queries and documents.

    1. Sir, you can apply for a business loan through our online application form on indifi dot com
      After filling the form our customer care executive will contact you for further queries and documents.

        1. Sir, We only provide business loan not Mudra loan, You can visit our website: indifi dot com and fill the online application form and our customer care executive will call you for further queries.

        2. Sir, we don’t provide Mudra loan, we offer the business loan. To avail our business loan service you have to visit our website: indifi dot com
          and fill the online application form and our customer care executive will call you for documents.

        1. Sir, agar app apne business ko badana chahte h toh aapko hum business loan de sakte h. Uske lie hamari website pe jaiye indifi dot com or application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

        2. Sir, appko loan mil jayega. App hamari website:indifi dot com pe jayie or online application form bhariye. Hamare customer care executive apko documents k lie fon karenge.

    1. Sir, agar app apne business ko badana chahte h toh aapko hum business loan de sakte h. Uske lie hamari website pe jaiye indifi dot com or application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

    1. Sir, you can apply for a business loan through our online application form on indifi dot com
      After filling the form our customer care executive will contact you for further queries and documents.

    2. Sir, Please visit our website: indifi dot com
      Fill the form, after filling the form our customer care executive will contact you for further queries and documents.

    1. Sir, you can apply for a business loan through our online application form on indifi dot com
      After filling the form our customer care executive will contact you for further queries and documents.

    2. Sir, you can visit our website indifi dot com
      After filling the form our customer care executive will contact you for further queries and documents.

    3. Sir,hum business loan de sakte h. Uske lie hamari website pe jaiye https://www.indifi.com/ or application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

    1. Sir, you can apply for a business loan through our online application form on indifi dot com
      After filling the form our customer care executive will contact you for further queries and documents.

    1. Sir, agar app apne business ko badana chahte h toh aapko hum business loan de sakte h. Uske lie hamari website pe jaiye indifi dot com or application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

    2. Sir, agar app apne business ko badana chahte h toh aapko hum business loan de sakte h. Uske lie hamari website pe jaiye indifi dot com or application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

    1. Sir, you can apply for a business loan through our online application form on indifi dot com
      After filling the form our customer care executive will contact you for further queries and documents.

    1. Sir, agar app apne business ko badana chahte h toh aapko hum business loan de sakte h. Uske lie hamari website pe jaiye indifi dot com or application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

    1. Sir, agar app apne business ko badana chahte h toh aapko hum business loan de sakte h. Uske lie hamari website pe jaiye indifi dot comor application form bhairie, hamari taraf se apko call ayega, jab aap woh form bharoge.

  3. Hi
    I would like to say that I work in Noida last 7 years bored with job I am very dedicated & Love to start my new Rental business in our area. Can you help me start this business need around 5 Lac.
    Regards
    Ajay 9650788916

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