PM Mudra Loan Yojana Apply: A new loan scheme has been started by the Government of India for the citizens of the country with the aim of starting their own business, which has been named PM Mudra Loan Yojana, by applying under this scheme you can also start your own business.

Or if you want to take your business forward, then you can easily get a loan of ₹ 5,00,000 to 10 lakh rupees by applying under PM Mudra Loan Yojana today.

Pradhan Mantri Mudra Yojana Application Form

Pradhan Mantri Mudra Loan Yojana has been started by the Prime Minister of the country, Shri Narendra Modi. The main objective of this scheme is that all the needy citizens of the country will be provided loans by banks on some easy terms.

If you are also unemployed or you have a small business and you want to take it forward, then this is a golden opportunity for you, because under PM MUDRA LOAN YOJANA you can apply and get a loan on easy terms, along with this, under this loan scheme you will have to deposit a nominal interest rate. In today’s article, complete information related to PM Mudra Loan Scheme Apply such as necessary documents, eligibility, benefits, application process etc. has been provided.

Purpose of PM Mudra Loan Scheme 2024 Under the Pradhan Mantri Mudra Loan Scheme, if you want to start any non-agricultural business including goat farming, beekeeping, dairy industry or goat farming, then you can apply under this loan scheme, in which the government provides you a subsidy loan of ₹ 50,000 to 10 lakh rupees. On PM Mudra Loan Scheme Apply, you are provided a subsidy of up to 35% by the government and this will grow your business or you can start your new business.

Benefits of Pradhan Mantri Mudra Loan Scheme

  1. Under this yojana, you can take a loan from between Rs 5 lakh to 10 lakh rupees.
  2. Beneficiaries taking loans will get up to 35% subsidy.
  3. Under PM Mudra Loan Scheme, you cannot take loan for works related to agricultural work.
  4. There are many bank institutions like commercial banks, micro finance institutions, rural banks, etc., which give you loans under PM Mudra Loan Yojana.
  5. The beneficiary applying for the loan should not be declared a defaulter from the previous sexy bank.
  6. You do not need any kind of collateral and guarantee to get this loan.

PM Mudra Loan Yojana 2024 Eligibility

  1. The age of the applicant applying for PM Mantri Mudra Loan Yojana should be minimum 18+ and maximum age 60 years.
  2. Any single citizen or group of individuals, private limited companies, organizations and partnership firms are eligible for this loan.
  3. The user have business experience who is applying for the loan.
  4. The citizen applying for PM Mudra Loan Yojana should not be a defaulter from any financial bank branch before and his civil score should be good.

Application Important Documents

  • Aadhaar Card
  • Identity Card
  • PAN Card
  • Residence Certificate
  • Quotation of Business to take loan
  • Output and input information of business
  • Affidavit of license to do business
  • Bank account details
  • Mobile number linked to Aadhar card
  • Ration card
  • Important documents related to land
  • Password size photo
  • Certificate of experience of doing business