Mudra Loan
Access micro loans through the Micro Units Development and Refinance Agency (MUDRA) scheme. Available in three categories - Shishu, Kishore, and Tarun - catering to different stages of business growth with flexible terms and competitive rates.
Key Benefits
Discover the advantages of choosing our mudra loan service
Three loan categories: Shishu (₹50K), Kishore (₹50K-₹5L), Tarun (₹5L-₹20L)
Collateral-free loans
Competitive interest rates
Quick processing and approval
Flexible repayment tenure
Support for new and existing businesses
Eligibility Criteria
- •Indian citizen aged 18+ years
- •Micro enterprise or startup
- •Valid business plan
- •Good credit history
- •Income generation capability
Required Documents
- 📄PAN card and Aadhaar
- 📄Business registration documents
- 📄Bank statements (last 6 months)
- 📄Business plan and projections
- 📄Income proof
- 📄Address proof
Application Process
Simple steps to get your mudra loan approved
Loan category selection based on business stage
Document preparation and verification
Application submission to bank/NBFC
Credit assessment and approval
Loan disbursement
Regular monitoring and support
Frequently Asked Questions
Common questions about mudra loan
What are the three categories of MUDRA loans?
Shishu (up to ₹50,000) for new businesses, Kishore (₹50,000-₹5 lakhs) for established businesses, and Tarun (₹5-₹20 lakhs) for expanding businesses.
Can I apply for MUDRA loan for any type of business?
MUDRA loans are available for manufacturing, trading, and service sector businesses, including small shops, restaurants, and service providers.
What is the interest rate for MUDRA loans?
Interest rates vary by lender but typically range from 8-12% per annum, with some banks offering special rates for women entrepreneurs.
Ready to Apply for Mudra Loan?
Get started today with our streamlined application process. Our experts are here to guide you every step of the way.