How to Apply for Mudra Loan Yojana Online @ udyamimitra.in

Published on: 2019-09-07 12:46:41

How to Apply for Mudra Loan Yojana Online @ udyamimitra.in

All the people who are running a small business or planning to start a new one can now apply online for Mudra Loan Yojana. People can now easily get quick credit support through govt’s Pradhan Mantri Mudra Yojana (PMMY). Under this scheme, govt. provides loans upto Rs. 10 lakh to non-corporate, non-farm small/micro enterprises by Commercial Banks, RRBs, Small Finance Banks, Cooperative Banks, MFIs and NBFCs.

Under Mudra loan scheme, govt. provides loans in 3 different categories namely Shishu, Tarun & Kishor. In order to avail Mudra loans, people can approach these lenders or can even apply online at Udyamimitra portal. This portal has been setup to facilitate financial and non-financial service needs of MSMEs by enhancing ease of access.

On Udyamimitra.in, users can apply for any type of enterprise loans. This includes Mudra (up to Rs 10 lakh), Stand-Up India Scheme for SC/ST an Women (Rs 10 lakh to Rs 100 lakh), SME loans (up to Rs 10 crore).

Apply Online for Mudra Loan Scheme Online

MUDRA (subsidiary of SIDBI) supports institution to extend loans to the non-corporate non-farm sector income generating activities of micro and small entities. However, this is subject to those enterprises with credit needs below 10 lakhs. Below is the complete procedure to apply online for PM Mudra Loans at Udyamimitra portal:-

On completion of registration, people can easily apply for Mudra loan. The submitted application will be viewed by many lenders for providing credit support. Here people can even apply to their preferred lender. The checklist of documents necessary for loans is available at https://www.udyamimitra.in/MudraLoan

Pradhan Mantri Mudra Yojana Loan Types

Here candidates can check the details of Pradhan Mantri Mudra Yojana loan types which are divided in 3 categories:-

  • Kishor – It covers loans upto Rs. 5 lakh for entrepreneurs belonging to either those who have already started their business and requires additional funds in order to mobilize their business.
  • Tarun – It covers loans upto Rs. 10 lakh for entrepreneurs after the eligibility requirements are met.
  • If any person is finding difficulty in filing application, then Udyamimitra portal will enable people to connect with correct person / agency to apply for loan. However, the service offered by the agency and persons may be chargeable. To get support, people can fill basic personal details with request for agency / person on Udyamimitra portal.