PM Mudra Loan 2025: PM Mudra loan facility is available in every bank in India that is participating in the Mudra Loan scheme. You can apply for maximum 10 lakh Mudra Loan in any company where you will also get opportunity to get E-mudra loan through online mode for a little amount. So if you want to start your business and looking for Mudra Loan, then you can check this article where we will share with you all the important information of Pradhan Mantri Mudra Loan Scheme including the Mudra Loan eligibility criteria, application procedure, interest rates, loan amount EMI etc.
Mudra Loan was started from by central Government in 2015 under the micro, small and medium enterprises – MSMEs. The Mudra Loan is offering loan amount for maximum 10 lakh to the youths in India who want to start there new startup or new business. So they can manage their income and will also able to employ other through their new business startup. However, there are Mudra Loan scheme available in market but mudra loan is famous due to very minimum eligibility criteria and long EMI option for maximum 86 months.
PM Mudra Loan 2025
The amount of mudra loan is divided into 3 categories including Shishu mudra loan for the range of 50000, Kishor mudra loan for range between 50000 to 5 lakh rupees loan. And Tarun mudra loan is provided for maximum 10 lakh. So anyone can apply for Mudra Loan amount according to their need and their business type. But the company will provide Mudra Loan amount only those who want genuine loan amount and will evaluate the business structure and other details while providing the amount.
Overview of PM Mudra Loan 2025
| Loan Facility | Cash Credit, Overdraft & Term Loan |
| Interest Rates | Depends on the bank’s policy decisions |
| Loan Amount | Up to Rs 10 lakhs |
| Tenure | Depends on the bank’s policy decisions |
| Processing Fees | For Shishu category (loans up to Rs 50,000) – No processing fee |
| For Kishore & Tarun category – depends on the financial institution |
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PM Mudra Loan Scheme Eligibility
- The scheme is available only Indian citizens whose age is more than 21 years.
- There is a large list of businesses under MSME which are mainly focusing on small and medium business including vegetable vendor, fruit seller, shopkeeper, manufacturing units including grocery items, plastic items, handmade items, toys factory etc. however if you are business is not listed under name of the businesses, then you can also apply for Mudra Loan where bank manager will help you to assist for the loan amount.
- It is important for applicants to successfully registered on udyam portal of Government of India.
- The GST and other documentations should be registered in company
- The company should have a good annual turnover to get the instant loan approval.
However different banks will use other specific eligibility criteria according to their terms and conditions do you have to fulfill them also.
Important documents for PM Mudra Loan 2025
List of the documents are available in this section where you have to carry soft copy of the following documents as well as origin documents with you while applying for PM Mudra Loan 2025 in the bank: –
- Aadhar card of the applicant
- GST registration certificate
- Business registration details
- Property documents of the land of the business.
- Ownership documents of the business
- Pollution and other essential certificate from the department ( if need)
- Bank account passbook of the applicant or bank account details of the business.
- Last one year GST payment proof
- Last one year income tax payment proof
- Passport size photograph etc.
Registration Process of PM Mudra Loan Scheme
The lending institutions providing MUDRA loans can consider charging upfront fee as per their internal guidelines. However, most lenders waive the upfront fees or processing charges for loans under the Shishu category. Prospective business loan borrowers can visit designated Public and Private Sector Commercial Banks, Cooperative Banks, Regional Rural Banks (RRBs), Micro Finance Institutions, Foreign Banks and Non-Banking Finance Companies for availing loan under PMYM.
How to Apply Online for PM Mudra Loan 2025?
PM Mudra Loan 2025 is available online as well as offline mode in all the banks. However you should follow the specific terms and conditions of the bank while applying for online PM Mudra Loan 2025 through digital mode. But we will share with you the easiest way to apply for mudra loan in the branch where you can get maximum loan of 10 lakh instantly:
- First of all you have to carry the PM Mudra Loan application form from the bank and fill all the essential information including name of the applicant, business details etc.
- After that you have to attach all the photocopies of documents along with the Mudra Loan application form.
- Now you have to submit it to the branch manager and they will verify your details.
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If you have provided all the information correctly without any mistake then you will get approval of your Mudra Loan amount within few days of submitting the Mudra Loan online application form and the payment will be transferred in the bank account directly after deduction of the other charges including processing fees, documentation etc.
Categories of PM Mudra Loan 2025
| Category | Loan Amount |
| Shishu | Up to Rs 50,000 |
| Kishore | Above Rs 50,000 to Rs 5 lakh |
| Tarun | Above Rs 5 lakh to Rs 10 lakh* |
FAQ’s: PM Mudra Loan 2025
What is PM MUDRA Loan Yojana?
It is a government scheme for offering loans of up to Rs 10 lakh to micro enterprises through commercial banks, small finance banks, MFIs, RRBs and NBFCs.
What is the interest rate for mudra loan scheme?
Micro Units Development & Refinancing Agency (MUDRA) does not determine the interest rates for PMMY loans. Lending institutions have the liberty to set the interest rates for MUDRA loans. Hence, MSMEs interested in MUDRA loans should contact the relevant bank/NBFC/MFI to inquire about their Mudra loan interest rates.
How to apply for Mudra loan?
To apply for loan, borrowers can submit an application online at the UdyamMitra portal – www.udyamimitra.in or through nominated lending institutions.
