Take loan up to ₹ 10 lakh for business sitting at home

PM Mudra Loan Scheme :- Hello friends, I welcome you all in this article as I tell you all the information about Pradhan Mantri Mudra Loan Yojana. Prime Minister Narendra Modi had started the Pradhan Mantri Mudra Loan Yojana. Under this scheme, loans up to ₹ 1000000 are provided to the citizens of the country. If a person wants to start his own small business or expand his business, he can get a loan by applying for this scheme. PM Mudra Loan Yojana 2024 In this article we will give you information about the application process, required documents, eligibility and benefits of the scheme. To get all the information related to this scheme, read this article till the end.

Pradhan Mantri Mudra Yojana 2024

The government has launched the PM Mudra Loan Scheme to help unemployed citizens start businesses. If you are also thinking of starting your business, then you can start your business by taking a loan under PM Mudra Loan Scheme. Under this scheme, you can get a chance to get a loan up to Rs 10 lakh, which can help in the growth of your business.

To apply under Pradhan Mantri Mudra Loan Scheme, you have to apply. To apply for this scheme, you should note that only those individuals who have eligibility and have the required documents can apply. In such a situation, if you want to get the information about our article first, then you can join our WhatsApp group. And for your help we have given below the link of WhatsApp group.

Key Highlights Of PM Mudra Loan Yojana

🏦 Scheme NamePM Mudra Loan Scheme 2024
🌐GovernmentCentral Government
💰BenefitsLoan ranging from ₹50,000 to ₹5 lakh
📝 Application MediumOnline
🌐Official WebsiteCLICK HERE

Objective of PM Mudra Yojana

The main objective of this scheme is that there are many people in the country who want to start their own business but due to lack of money they are not able to do it. The Central Government has started this scheme under the Pradhan Mantri Mudra Loan Yojana 2024 so that these people can get help in starting their small business by taking Mudra loan. Under this scheme, people will be provided the opportunity to easily get loans. Through Pradhan Mantri Mudra Loan Yojana 2024, the aim is to realize the dreams of the people, make them self-reliant and empowered.

Types of Pradhan Mantri Mudra Yojana

Three types of loans are given under Mudra Yojana.

  • Shishu Loan: Under this scheme, loan up to ₹ 50000 is given to the beneficiaries.
  • Kishore Loan: Under this scheme, loans ranging from ₹50000 to ₹500000 are allotted to the beneficiaries.
  • Tarun Loan: Under this scheme, loans ranging from ₹ 500000 to ₹ 1000000 are given to the beneficiaries.

Benefits of PM Mudra Loan Scheme

  • Any person in the country who wants to start his own small business can take a loan under PMMY.
  • Under this scheme, citizens of the country will be given loans without guarantee to start their own business. Apart from this, no processing charge is taken for the loan. The loan repayment period under Mudra Yojana can be extended up to 5 years.
  • The loan taker gets a Mudra card, with the help of which he can spend on business needs.

Documents required for application

  • People starting small business and those who want to expand their small business can also apply for loan under this Pradhanmantri Mudra Loan Scheme 2024.
  • The age of the person taking the loan should not be less than 18 years.
  • Applicant should not be a defaulter in any bank
  • Aadhar card
  • PAN card
  • Permanent address of application
  • Proof of business address and establishment
  • Balance Sheet of last three years
  • Income Tax Returns and Self Tax Returns
  • passport size photo

Beneficiaries of PM Mudra Loan Yojana

  • sole proprietor
  • partnership
  • service sector companies
  • micro industry
  • repair shops
  • truck owners
  • food related business
  • Seller
  • micro manufacturing form

Eligibility for PM Mudra Loan Scheme

  • One must have the prescribed eligibility to get a loan under the Pradhan Mantri Mudra Loan Scheme.
  • It is mandatory for the applicant to be at least 18 years of age to apply for this scheme.
  • The citizenship of the applicant for Pradhan Mantri Mudra Loan Scheme should be established.
  • The applicant must have a recognized ID proof such as Aadhar Card, PAN Card etc.
  • If you have the given eligibility then you will also be considered eligible for this scheme.

Process to apply online under Pradhan Mantri Mudra Yojana

  • Now the home page will open in front of you.
  • On the home page you will see the types of Mudra Yojana which are as follows.
  • After this a new page will open in front of you.
  • You have to download the Application Form from this page.
  • After this you will have to take a print out of this application form.
  • Now you will have to fill all the important information asked in the application form carefully.
  • After this you will have to attach all the important documents.
  • Now you have to submit this application form to your nearest bank.
  • After verification of your application, the loan will be provided to you within 1 month.

Process to login to Mudra Portal

  • First you need to know about Mudra Yojana. official website will go on.
  • There you will see the home page.
  • On the home page you will find log in You have to click on the button.
  • Now a new page will open in front of you in which you will have to enter your username, password and captcha code.
  • Now you have to click on the login button.
  • In this way you will be able to login to the Mudra portal.

How to apply for Pradhan Mantri Mudra Loan Scheme?

  • Beneficiaries willing to apply for loan can apply under this scheme by visiting their nearest government bank, private bank, rural bank and commercial bank etc.
  • After filling the application, go to the bank from where you want to take the loan, fill the application form and submit it along with all your documents.
  • Then after the bank verifies all your documents, you will be given the loan within 1 month.


so friends how are you PM Mudra Loan Scheme 2024 Do not forget to tell us this information regarding this article in the comment box and if you have any question or suggestion related to this article then do let us know. And friends, if you liked this article, then like and comment and also share it with friends.

FAQ Related PM Mudra Loan Yojana

✔️What is the limit of Mudra Loan?

Under Mudra Loan Scheme Maximum Rs 10 lakh. Loan amount up to, To take a Mudra loan, the applicant does not need to deposit any security with the banks or loan institutions. This loan can be repaid for 5 years.

✔️ What should be the CIBIL score to take Mudra Loan?

Yes. Your CIBIL or Credit Score to avail Personal Loan from India Credit more than 750 Should be. Apart from the loan eligibility conditions, CIBIL score also determines the loan amount and interest rate of the loan applicant.

✔️What are the types of Pradhan Mantri Mudra Yojana?

These are of three types – youth, teens, and infants, Shishu: Loan up to Rs 50,000 is given under this scheme. Kishore: Under this scheme, loans of more than Rs 50,000 and less than Rs 5 lakh are given.

✔️ How to avail the benefits of Pradhan Mantri Mudra Loan Scheme?

To apply for the scheme, you will have to go to the bank and fill the form, here you will be asked for some documents and if everything is fine, the loan will be issued to you., While giving information in his budget speech, the Finance Minister has said that till now 43 crore loans have been sanctioned under this scheme. A total loan of Rs 22.5 lakh crore has been given.

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