Mudra Loans Scheme
Benefits of Mudra Loan
Provides collateral-free loans up to ₹10 lakh for micro and small enterprises.
Offers financial support for business expansion, working capital, and income-generating activities.
Three categories: Shishu (up to ₹50,000), Kishore (₹50,000 to ₹5 lakh), and Tarun (₹5 lakh to ₹10 lakh).
Encourages entrepreneurship and financial inclusion, especially for startups, women, and marginalized groups.
Government subsidies and interest subvention schemes may be available to reduce cost of borrowing.
Easy access through banks, NBFCs, and microfinance institutions.
eligibility criteria
Eligibility Criteria
Indian citizen running or planning to start a micro or small business in manufacturing, trading, or services sectors.
Business should be non-corporate and non-farm enterprises.
Startups and existing businesses with a viable business plan can apply.
Good credit history and financial capability to repay are preferred but flexible.
- Competitively priced and tailored for you
- Get an overview on your loans in the app
Documents Required
Identity proof: Aadhaar card, PAN card, Voter ID, Passport
Address proof: Aadhaar card, utility bills, Passport, Voter ID
Business registration: Udyam registration, GST certificate, trade license (if applicable)
Financial documents: Loan application form, bank statements, income tax returns (if applicable)
Loan sanction letter (for subsidy application)
This scheme is a valuable tool for small entrepreneurs to access affordable finance with government backing, easing business growth and sustainability.
how it works
A faster, easier approach to business lending
Fill the form
Determine the loan amount required according to your business needs under categories Shishu, Kishore, or Tarun
Documents Submission
Complete the Mudra loan application form with necessary details.Submit the filled application along with required documents like ID proof, address proof, business registration, and financial statements.
Verify the Documents
Our team will verify your income, and credit history to assess eligibility.
Get a loan approval and Disbursal
Wait for verification and approval, after which the loan amount will be disbursed to your bank account.