Pradhan mantri mudra yojana application form 2025

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Interest Rate: One-Year MCLR+2.75%. Processing charges: Up to Rs.50,000/- : NIL.
The interest rates for MUDRA loans begin at 9.30% per annum, with repayment terms ranging from 1 to 7 years. Explore the Pradhan Mantri Mudra loan interest rate to make informed financial decisions for your business.
What is the eligibility for the Union Mudra Scheme? Union Mudra Scheme is available for all Micro enterprises engaged in manufacturing, trading and service sector including professionals (like CA/ICWA/CS/Architect/Medical professionals etc.) will be eligible under the scheme.
Margin Minimum Margin under Union Mudra is as under: 5% for loans falling under the Shishu loan category. 10% for loans falling under the Kishore loan category. 25% for loans falling under the Tarun loan category.
Other MUDRA loan documents Photos of the business owners, partners, etc. Proof of SC, ST, OBC, etc. Balance sheet of last 2 years. Income/ sales tax returns. Bank account statements. Partnership deed or memorandum and articles of association. Sales made during the current FY and up to the loan application filing.
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Processing charges: At the time of processing a loan, a bank will be bearing some cost related to administration. This amount is quite small and often varies between 0.5% and 2.50%. The processing charges for personal loan will vary from bank to bank.
Processing charges: Up to Rs.50,000/- : NIL. Rs.50,000- Rs.10 lakhs: 0.35% of loan amount + GST.

mudra loan form pdf