PM Mudra Loan: A Comprehensive Guide to the Pradhan Mantri Mudra Scheme

PM Mudra Loan

What Is PM Mudra Loan, Come To Know About This Best Scheme By The Government, Full Information About It,  Which Brings Many Benefits For You, Just Wait, You Must Know About This Scheme, But You Still Will Not Have Complete Information About It.

Mudra loan details 2023

Mudra Loan (PMMY) Issued By The Government Of India I.E. “ Pradhan Mantri Mudra Yojana ” Which Is A Business Loan Available At Low Interest, This Loan Helps All Those Industrialists Who Want To Take Their Business To Higher Heights At Low Interest.

Pradhan Mantri Mudra Yojana Brief Description (PMMY) 2023

Scheme Name  Pradhan Mantri Mudra Yojana
who started  by the central government
when was it started  April 2015 
How much loan is given for the scheme?  ₹5000 to ₹1000000/- 
official website  https://www.mudra.org.in/
toll-free number 1800 180 11 11 / 1800 11 0001
Mudra Loan Application Form / Application Form Prime Minister Mudra Loan Application Form

Why PM Mudra Loan Is Necessary

If You Are An Industrialist, Then You Will Need A Loan Sometime Or The Other, And For Loan, You Always Need A Guarantor, Which The Bank Always Takes For The Security Of The Money It Gives, In Such A Situation, If “Prime Minister Mudra “Loan ” You Get Without Guarantor, At Least On Interest,

Mudra Yojana Is Not Less Than A Boon For Indian Industrialists, If You Want To Start A Business, Then You Must Apply For Mudra Loan In The Bank.

When Did PM Mudra Loan Scheme Come

Government-Led Mudra Yojana (PMMY) Is A Scheme To Be Launched By Our Honorable Prime Minister Shri Narendra Modi, Which Was Launched On 8 April 2015, Where (SME) Was Launched For Small Industrialists, Where They Would Get Money For Business. Can Get Good Interest Loan

What Are The Types Of Mudra Loans?

Friends, Mudra Loan Ie (PMMY), With The Help Of Which Small Businessmen Can Get Loans Up To 10 Lakhs From Any Bank Branch Without Any Guarantor If You Can Show Your Business On The Documents, Then The Loan Would Be Available In Just Two To Three Days.

  • Shishu Mudra Loan
  • Kishor Mudra Loan
  • Tarun Mudra Loan

Shishu Mudra Loan

Under The Shishu Mudra Loan, The Bank Is Allowed To Give Loan Up To 50,000, Where If You Want, You Can Easily Take The Loan Without Any Guarantor, At Least On The Document, If Your Annual Income Is Less Than One Lakh, Then You Can Easily Take This Loan. Which Comes To Your Account In 24 Hours

Kishore Mudra Loan

Kishore Mudra Loan Where You Become Eligible For Loan From 50000 To 5 Lakh, Under This Scheme You Can Easily Take a Loan Without Guarantor And On Minimum Document, and You Will Also Get This Loan In 24 To 48 Hours Goes,

Tarun Mudra Loan

Under Tarun Mudra Loan, Permission Has Been Given By The Government Of India To Take 10 Lakh Loan Without Guarantor For Small SME. If You Want To Start A Business Or Have Done It, Then For That You Can Take Tarun Loan From Any Nearest Bank. From.

PM Mudra Loan
PM Mudra Loan

Benefits Of Mudra Loan

  • Loan Without Any Guarantor
  • Low-Interest Loan
  • Subsidy Along With Loan
  • Many Discounts Apart From Loan
  • Loan Topup Facility For Any Fall
  • CC Account Facility Under Mudra Loan

Mudra Loan Eligibility

Friends, Although There Are Many Parameters For Taking a Loan, Under Which The Bank Gives Loan, Here I Will Try To Explain In Easy Language.

  • Your CIBIL Score Should Be Above 750
  • New Business Must Be Detailed And Certified By Ca.
  • There Should Be Accounting Of Old Business Like Registration, ITR, Balance Sheet, Computation Etc.
  • Loan Taken For Old Business Should Be Proposed On Paper
  • There Should Be a Complete Document Of The Borrower
  • Should Be Shop N Establish Number
  • Age Should Be Above 22 Years

Mudra Loan Interest

If You Take A Business Loan, Then The Interest Charged On This Loan Is A Maximum Of 15% Per Annum, But Under The Mudra Loan Scheme, It Takes 10 To 12% Annually, Which Is Really Very Less Compared To Others.

What Are Mudra Loan Fees 

Here You Do Not Have To Pay Any Kind Of Fee, Some Insurance Charge And Stamp Duty Are Also Deducted From Your Loan, The Bank Does Not Demand Any Kind Of Charge Separately From You If Any Kind Of Bribe Is Demanded From You. If It Goes From The Bank, Then You Should Inform The Government.

How To Apply For Mudra Loan 

You Should Have Complete Documents To Take Prime Minister Mudra Loan If You, Then Go Directly To The Bank, Be It Private Or Government, Tell Your Complete Details To The Manager There, Show The Documents, And Apply For The Loan, Any Kind Of Mudra Loan Do Not Contact The Organization.

What Did We Learn

In This Post, We Read About Mudra Loan I.E. “PMMY”, Which Is Also Known As Pradhan Mantri Mudra Yojana, If You Are Doing Any Business Or Want To Do It, Then You Get This Loan Without a Guarantor.

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