[PMMY] Pradhan Mantri Mudra Loan Scheme 2021 Application, How to get Mudra Loan? Application form

Mantri Mudra Loan Yojana In- Government of India has been conducting many schemes for the citizens of India from time to time. In particular, the Prime Minister Shri Narendra Modi has been running many schemes to help the needy people of the country. One of the schemes run by Prime Minister Shri Narendra Modi is – Pradhan Mantri Mudra Loan Scheme  . This scheme is also known as Mudra Yojana . The main objective of implementing this scheme is to provide loans to the citizens of the country at a reasonable interest rate. So that any citizen can start their own business. And he can become self-sufficient.

Loans up to ₹ 10 lakh are provided by the Government of India under the Mudra Loan Scheme. There are three types of Mudra Loans run by the government – Shishu Loan, Kishore Loan and Tarun Loan. Any citizen can avail benefit of this scheme as per his need. You will get information from this about Bhamashah Mudra Bank Scheme, Pradhan Mantri Mudra Yojana, Mudra Loan.

Also Read: How to invest for children’s education?

What is Pradhan Mantri Mudra Loan Scheme 2021?

Prime Minister Narendra Modi is running the Pradhan Mantri Mudra Loan Scheme to promote small and medium-sized industries in the country and to meet their financial needs. Under this scheme, loans are provided to the needy persons at low interest rate. If you want to start a business of your own. But you do not have enough funds to start this business. So you can get the benefit of Pradhan Mantri Mudra Loan Scheme run by Government of India. Under this scheme, by getting loan from the government, you can run your business smoothly.

The Government of India has conducted this scheme to financially assist the small organization, company and traders of the country. Under which any citizen can get financial assistance by the Government of India. The full name of the currency is “Micro Units Development and Refinance Agency Limited” . It is an organization which is being run by the Government of India under the leadership of Prime Minister Shri Narendra Modi. The main goal of this organization is to provide financial support to the corporate and small businesses of the country.

In the Modi government 2.0, Finance Minister Nirmala Sitharaman has laid special emphasis on further strengthening the position of women in society. They’Nari Tu Narayani’Told the government’s new slogan. In order to ensure women’s participation in the society and to make women financially strong, they have made several important announcements.All women belonging to self-help groups have been allowed to easily provide loans up to Rs 1 lakh under the Mudra scheme. Also, women who have Jan Dhan accounts will get an overdraft of up to 5 thousand.

Following are the benefits of the Mudra scheme run by Prime Minister Shri Narendra Modi –

• The biggest benefit of this scheme is that under this scheme, loans are provided to citizens without any guarantee.
• Loans under this scheme do not incur any processing fees.
• The loan repayment period under Mudra Loan Scheme can be extended up to 5 years.
• Loans ranging from ₹ 50000 to ₹ 10 can be obtained under Mudra Yojana.
• The loan offered under this scheme has a lower interest rate than other bank loans.

Prime Minister Mudra Loan Scheme 2021 Interest Rate –

The following rate of interest is levied on the loan under Mudra Loan –

Limit Subtle Small

Rupee. More than 50000 / – MCLR + SP (MCLR + SP) + 0.50%

Rupee. 50000 / – and above Rs. Up to 2.00 lakhs (MCLR + SP) + 0.50% (MCLR + SP) + 0.70%

Above Rs.2.00 lakhs and up to Rs.10.00 lakhs (MCLR + SP) + 0.70% (MCLR + SP) + 0.85%

 Types of Pradhan Mantri Mudra Loan Scheme –

The types of Pradhan Mantri Mudra Loan Scheme run by the Government of India and the amount available under them are as follows –

• Shishu Loan – Any person who wants to set up his small business under this. Or you want to keep the business running. So under this one can get a loan of up to ₹ 50000. Under this, the interest rate varies from 10 to 12%.
• Kishore Loan – This is for those who want to expand their business more. Under this, loans ranging from ₹ 50000 to ₹ 5 lakh can be obtained. The interest rate under this loan varies from 14 to 70%.
• Tarun Loan – Under this loan, he can get all small business loans. Who want to expand their business. Under this, any eligible citizen can get a loan of up to 10 lakh rupees. Interest rates under this loan start from 16 percent.

Mudra Card –

Under the Mudra scheme, all the loan applicants are also provided Mudra Card by the bank while making loan under Pradhan Mantri Mudra Loan Scheme . This card is similar to an ATM. Through this card, the applicant can spend up to 10%. A Mudra card is just like an ATM. This allows you to withdraw money from any ATM and use it anywhere. The main purpose of the Mudra card is to meet all the needs of the working capital (working capital) of the traders.

Documents required for Pradhan Mantri Mudra Loan Scheme –

• If you want to apply for Pradhan Mantri Mudra Loan Scheme in any bank. Then you will need some of the required documents mentioned below –
• Identity Certificate – Voter ID, Driving License, PAN Card, Aadhaar Card, Passport
• Certificate of Identity – Telephone bill, Electricity bill, Property tax slip, Voter ID card, Aadhar card, Passport
• caste certificate
• Business certificate
• Statement of bank account if you are an existing customer of that bank.
• project report
• Photo

Banks and institutions offering Pradhan Mantri Mudra Loan Scheme –

Almost all banks in India provide loans under the Mudra Yojana to citizens. Under the Prime Minister Mudra Loan Scheme, loans can be obtained from the following banks –

• 27 from public bank
• 17 private banks
• 31 regional rural banks
• 4 co-operative banks
• From 36 microfinance institutions
• 25 from non-banking financial institution

You can click here to see the details of the names of more banks than this.

Download Pradhan Mantri Mudra Loan Scheme Form –

If you want to apply for a Mudra loan. Then you will need its form. If you wish, you can download the Mudra Loan Application Form by clicking here.

How to apply for Mudra loan? How to get Mudra Loan –

If you want to get loan in any way – Shishu, Kishore and Tarun. So you have to follow the steps mentioned here. With which you will be able to get loan very easily –

• First of all, the applicant will have to choose one of the banks that provide Mudra loans in their area.
• After this, the applicant has to go to the nearest bank.
• After arriving at the bank, you will have to provide your business idea and completely completed form along with a certificate of identity, certificate of business and recent passport size photo and other necessary documents.
• After completing all the necessary steps by the bank, if the applicant is found eligible to get the loan, then the loan will be made available. This process may take a few days.

Procedure for applying online under Mudra Yojana –

To apply for a Mudra loan online, you have to follow the steps mentioned below.

To get a Mudra loan, first of all you have to visit the official website of the department https://www.mudra.org.in/. If you want, you can also go by clicking here .

Next the home page of the website will open in front of you. Here you will see three types of Mudra loan scheme below – Shishu, Kishore, Tarun

Here you have to click on one of the infant, teenager and teenagers, after which a new page will open in front of you. You have to download the application form from this page.

Download the application form and print it out. Now you have to fill all the important information asked in this application form carefully and attach all the important documents.

You have to submit a completely complete application form at the bank branch nearest to you. After which your eligibility will be checked and if you are eligible then your application will be verified and given a loan within 1 month.

Pradhan Mantri Mudra Loan Scheme Helpline Details –

If you need any kind of assistance under the Mudra Loan Scheme, you can get more information about it with the help of the phone number, email website etc. mentioned below. And get solutions to their problems.

Mudra Loan Scheme Website – http://www.mudra.org.in

Mail – help@mudra.org.in.

Toll-Free Call – 1800 180 1111 call – 1800 11 0001