Pradhan Mantri Mudra Loan Yojana | પ્રધાનમંત્રી મુદ્રા લોન યોજના

 Pradhan Mantri Mudra Loan Yojana | પ્રધાનમંત્રી મુદ્રા લોન યોજના

Pradhan Mantri Mudra Loan Yojana Online Apply | Government Loan Scheme | PM Mudra Yojana | Pradhan Mantri Mudra Yojana Application Form Online | Loans ranging from Rs 50,000 to Rs 10 lakh will be available under Mudra Loan Form

The Government of India and the Government of Gujarat give a lot of encouragement to the citizens to start new businesses. Pradhan Mantri Credit Scheme, Kisan Credit Card Scheme and Pradhan Mantri Mudra Loan Scheme etc. are run by the Government of India. Similarly Gujarat Government has launched E Kutir Portal various loan schemes. Such as Gramodyog Loan Yojana, Shri Vajpayee Bank Cable Loan Yojana etc. In addition, self-employment loan schemes are also run by Adijati Vikas Vibhag. Such as loan scheme for stables, tractor loan scheme, beauty parlor loan scheme etc. Friends, today through this article we will get detailed information about Pradhan Mantri Mudra Loan Yojana offered by the government for starting a new business.

Table of Contents

Pradhan Mantri Mudra Loan Yojana 2022

Purpose of PM Mudra Yojana

Important Point Of PM Mudra Loan Yojana

What is Pradhan Mantri Mudra Loan Scheme?

Eligibility for Pradhan Mantri Mudra Loan Scheme

Pradhan Mantri Mudra Loan Yojana Instarest Rate

Types of industries under PM currency loan

Features of Prime Currency Loan

Benefits of Pradhanmantri Mudra Yojana

Types of Mudra Loans

Shishu Loan Yojana

Kishor Loan Yojana

Tarun Loan Yojana

Document Required for PM Mudra Loan

How to apply for Pradhan Mantri Mudra Loan Yojana 2022?

Pradhanmantri Mudra Loan Yojana Online Apply

Important links of PM Mudra Loan Scheme

Pradhan Mantri Mudra Loan Yojana 2022

It is very important for the new entrepreneurs in the country to get easy loans for starting new businesses. The Government of India has introduced a scheme called Pradhan Mantri Mudra Yojana (PMMY) to facilitate access to finance. Under this scheme, companies can avail financial assistance in the form of currency loans. Who can avail the benefits of PM Mudra Loan Yojana, what documents are required for it, etc. All the information will be obtained through this article.

Purpose of PM Mudra Yojana

Under the Pradhan Mantri Mudra Yojana, if the citizens of the country want to start their own new business, industry or business, it is ensured that they can get easy loans. The scheme has been implemented with the main objective of providing loans to the loan customers through the authorized banks of the country under this scheme.

Micro, small and medium enterprises (MSME’s) make a significant contribution to the country's economy. PM Mudra Loan helps MSME’s by fulfilling the following stated objectives.

Citizens to start a new business

Expansion and growth of existing business

Recruitment of trained as well as competent personnel

Purchase of new machinery

Obtaining working capital for the business

Purchase of commercial equipment

Important Point Of PM Mudra Loan Yojana

The name of the scheme is Pradhan Mantri Mudra Loan Yojana

The language of the article is Gujarati and English

Who started the scheme by the central government

The purpose of the scheme is to provide loans to the citizens of the country for starting a new business, occupation or industry.

All beneficiaries who are eligible for the beneficiary country

The loan amount under the scheme is Rs. Loans ranging from Rs 50,000 to Rs 10 lakh are available.

Pm Mudra Yojana Helpline Number 1800 180 1111/1800 11 0001

Official Website Click Here

Online Apply Apply Now

Pm Mudra Yojana Application Form Download Here

Important Point Of PM Mudra Loan Yojana

What is Pradhan Mantri Mudra Loan Scheme?

Pradhan Mantri Mudra Loan Yojana The scheme is aimed at developing small scale companies of the country and helping them to reach success. The scheme was launched on April 8, 2015. PM Mudra has implemented loan loans to provide funds to small companies.

MUDRA Full Form is as follows, Micro Units Development & Refinance Agency. Primarily both the for-profit and non-profit sectors help companies in financing. Companies or individuals seeking PM Mudra Loan for Rs. You can get financial help from Rs. 50,000 to Rs. 10,00,000 / -.

Eligibility for Pradhan Mantri Mudra Loan Scheme

The PM has fixed some eligibility to avail the mudra loan scheme. Which are as follows.

Indian citizens are eligible for this scheme.

Beneficiary's credit score should be good.

  The borrower should not be a defaulter from other banks

Before getting a loan under PM currency loan, the bank has to show in writing where to invest and how much.

 Applicant should have Aadhaar card.

    Beneficiary should have PAN card.

    Applicant must be over 18 years of age.

     Income Tax Returns for last 3 years

Mudra Loan Interest Rate may vary from bank to bank. Beneficiaries may have an estimated 7.30 or more under this loan scheme.

Bank Name Interest Rate

SBI Linked to MCLR

ICICI Bank As per ICICI bank guidelines

As per the guidelines of IDBI Bank IDBI

UCO Bank estimates 8.85% p.a.

Bank of Baroda estimated 9.65% p.a.

As per the guidelines of Indian Overseas Bank

Union Bank of India estimated 7.30% p.a.

Canara Bank As per the guidelines of Canara bank

Central Bank As per the guidelines of Central Bank

Bank of Maharashtra estimated 9.25% p.a.

As per the guidelines of Oriental Bank of Commerce

Pradhan Mantri Mudra Loan Yojana Instarest Rate

Types of industries under PM currency loan

The benefits of Pradhan Mantri Mudra Loan Scheme are given to start and promote new businesses and industries. The following industries can apply for Pradhan Mantri Mudra Loan Scheme.

Shopkeepers

Business Vendors

Food production industry

Agriculture Sector

Small scale manufacturers

Repair Shops

Handicraftsmen

Service Based Companies

Truck Owners

Self-employed entrepreneurs

Features of Prime Currency Loan

Pradhanmantri Mudra Loan Yojana has the following features. Due to which this scheme is different from other schemes of the government.

The proceeds from the loan scheme can be used to meet the working capital requirements of the company.

To serve industries engaged in manufacturing, trade and services.

Both existing and new companies can apply for Mudra Loan.

Citizens can apply online directly through PM Mudra Website and Mudra Mobile App.

The PMMY term is 3 to 5 years.

Enterprises are free to use the funds obtained through PM Mudra Loan Scheme for purchase of equipment, purchase of machinery, recruitment of staff etc.

There are three schemes under Mudra Loan Scheme.

PM Kisan eKYC 2022 Online / Offline Process Step By Step

Benefits of Pradhanmantri Mudra Yojana

There are many benefits under Pradhan Mantri Mudra Loan Yojana. Some of the benefits of which are given below.

Any citizen of the country can get a loan under PMMY to start his own small business.

Under this scheme unsecured loans will be given to the citizens of the country to start their own business.

Mudra Loan Scheme The repayment period can be extended up to 5 years.

The borrower will be given a currency card. Which can be used for business expenses.

Mudra loan interest rate is very low.

Types of Mudra Loans

PM Mudra Loan is offered in three ways. (1) Shishu Mudra Loan Yojana (2) Kishor Mudra Loan Yojana (3) Tarun Mudra Loan Yojana. This classification is based on the level of development of the company and its financial needs. Once the PM currency loan is approved, the capital requirements, salaries, additional operating expenses, etc. of this financial fund can be varied. All three are known as MUDRA LOAN. Let us now know Mudra Loan Products in detail.

Shishu Loan Yojana

This loan scheme is of great benefit to micro or small business owners. Because, they can apply for loan up to Rs. 50,000 / -. This baby loan scheme will be great for companies who want to start a new business. To successfully apply in this category, professionals must provide information on the type and quantity of machinery required for purchase. In addition, details of the machinery supplier are also required. In short, the chances of getting a loan are high. There will be no processing fee on this Shishu Loan Yojana.

The following documents are required for this.

Quotation of all including machinery as well as equipment.

Purchase details

Details of suppliers supplying machinery and equipment

Kishor Loan Yojana

Under Kishore Yojana under PM MUDRA YOJANA is best for business owners who want to set up their own business. Applicants can seek loan amount from Rs.50,000 / - to Rs.5,00,000 / - under juvenile loan scheme. The following documents are required for Kishor Loan Yojana under Pradhanmantri Mudra Loan.

Bank statement for the last 6 months (if any)

Balance sheet of last 2 years

Memorandum of Association (MOA) (if any)

Articles of Association (AOA) (if any)

Balance sheet for the estimated loan period

Income Tax Returns & Sales Returns

Report of all Business.

Tarun Loan Yojana

Good for business owners who are running their own business through a youth loan scheme. Under Tarun Loan Yojana applicants can ask for loan amount up to Rs.10,00,000 / -. The following documents are required for the youth scheme under this loan scheme.

Balance sheet of last 2 years

Report of all Business.

Memorandum of Association (MOA) (if any)

Articles of Association (AOA) (if any)

Bank statement for the last 6 months (if any)

Balance sheet for the estimated loan period

Accounts for the current financial year

Income Tax Returns & Sales Returns

aadhar card

PAN card

ID proof showing address

Caste Cetificate

Document Required for PM Mudra Loan

The following documents are required while applying for Pradhan Mantri Mudra Loan Yojana.

aadhar card

Applicant's PAN card

Document showing the address

Passport size photos

Proof of address of place of business

Evidence of business license

Quotation of all purchases including machinery as well as equipment

Documents of Income Tax Return

How to apply for Pradhan Mantri Mudra Loan Yojana 2022?

  Beneficiaries who want to avail the benefits of PM Mudra Loan Scheme can apply at the nearest Government Bank, Private Bank, Grameen Bank or Commercial Banks.

  Then you have to go to the bank and submit the application form.

The loan will be approved after the bank checks your documents and application.

Pradhanmantri Mudra Loan Yojana Online Apply

Pradhan Mantri Mudra loan scheme can also be done online. You can apply for PM Mudra Loan online by following the steps given below.

First go to Google and type PM Mudra Loan plan.

In which an official website has to be opened from the search result.

You can download the application form from this official website https://www.mudra.org.in/ or you can also apply online.

Name, Address, Mobile Number, KYC Details Fill this form with specific details.

Need to attach or upload the required documents and submit the application form.

Additional procedures will have to be completed by the bank. (Bankwise may vary.

The selected bank will then verify the document.

The loan amount will be credited to your bank account after verification.

Important links of PM Mudra Loan Scheme

Subject Links

Official Website Click Here

Mudra Loan Login Page Click Here

Mudra FAQ Click Here

Mudra Loan Yojana Toll Free Number Click Here

Important links of PM Mudra Loan Scheme

FAQs of MUDRA Loan Yojana

Can Mudra Loan Yojana form be filled online?

Yes, you can apply online by visiting PM Mudra Yojan Official Website https://www.mudra.org.in/.

How much loan is available under Pradhan Mantri Mudra Loan Yojana?

Under this loan scheme, the citizens of the country get Rs. Loans ranging from Rs 50,000 to Rs 10 lakh.

What is PM Mudra Card?

This card is designed to easily withdraw credit once the loan has been approved.

Will I need to put anything as collateral to get a Mudra Loan?

No, no collateral or third party security is required to get a loan under PM Mudra Loan Scheme.