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The listed documents will be common for all, whether you are applying for Pradhan Mantri Mudra Yojana through SBI Bank, HDFC, Bank of India, PNB or Bank of Maharashtra. Identity Proof: PAN Card, Aadhaar Card, Voter ID Card, Passport, Driving License. Address Proof: Aadhaar Card, Passport, Utility bills, Voter ID Card.
Documents Required for Pradhan Mantri Mudra Yojana Mudra application form. Vehicle loan application form. 2 passport size colour photographs. Photo Identity proof. Address proof. Income proof. Bank statement (last 6 months)
Step 1: Visit a PMMY-authorised bank or NBFC of your choice. Step 2: Ensure you have a self-written business plan. Step 3: Ask for the Mudra loan application form and fill in the required details. Step 4: Submit the application form along with passport-size photographs and the documents.
Step 1: Visit a PMMY-authorised bank or NBFC of your choice. Step 2: Ensure you have a self-written business plan. Step 3: Ask for the Mudra loan application form and fill in the required details. Step 4: Submit the application form along with passport-size photographs and the documents.
Mudra loan charges depends on your financial profile or bank's guidelines. The processing fee can range from Nil to upto 0.50% of loan amount. Before you apply for a Mudra Loan, check and compare all costs associated with it.
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The Mudra loan documents necessary for this loan to be sanctioned are income statements, bank statements, the balance sheet of previous years, as well as an estimate of the balance sheet of next year and the viability of their business idea or project.
Any Indian Citizen who has a business plan for a non-farm income generating activity such as manufacturing, processing, trading or service sector whose credit need is up to 10 lakh can approach either a Bank, MFI or NBFC for availing of MUDRA loans under PMMY.
The maximum amount that can be availed under the Pradhan Mantri Mudra Yojana is Rs. 10 lakhs. However, the loan amount varies across three schemes, which are distinguished based on the stage of growth and development of the business and financing needs.
The scheme offers a sanction that ranges from Rs. 50,000 to Rs. 5 lakh at the Mudra interest rate decided by the lending institution in question. In Kishore Mudra Yojana, the interest rate may range from 8.60% to 11.15% or more and is based on the scheme's guidelines and your credit history.
Mudra loans under Pradhan Mantri Mudra Yojana (PMMY) can be availed of from nearby branch office of a bank, NBFC, MFIs etc. Borrowers can also now file online application for MUDRA loans on Udyamimitra portal (www.udyamimitra.in).

mudra loan form pdf