SBI Loan: You just have heard about the Pradhan Mantri Mudra Loan Scheme, now its 2.0 version has come, which we are calling SBI Shishu Mudra Loan.
Today I will tell you that if someone needs money to start a business, then how can he take it from State Bank of India i.e. SBI Shishu Mudra Loan, what is the eligibility to take a loan from it and what documents will we need to take a loan.
You will get the answers to all the questions arising in your mind in this article, along with this I will also tell you how much interest is charged on the loan that the government will give you.
if you also want to know the answers to all these questions, then stay with us in this article till the end, let’s start this article today friends.
If you want to start your own business and you do not have much money, then with the help of SBI Shishu Mudra Loan Yojana, you can easily get a loan of ₹ 10000 to ₹ 50000. This scheme has been started by Prime Minister Narendra Modi and SBI. We will talk about what documents you will need in this.
The application process of SBI Shishu Mudra Loan is very easy, you can get a loan within 2 days. If you have all the documents and your verification process is complete, then you will not have to go around the bank to get a loan. Let us now know how you have to apply and how you have to deposit the money of this Mudra Loan Scheme, how much time will you be given to repay and how much interest will be charged from you.
Eligibility to apply for SBI Shishu Mudra Loan Scheme
If you want to apply for SBI Shishu Mudra Loan Scheme, then first of all you should know about its eligibility criteria, let us tell you its list
1• You should be a resident of India
2• You should have a bank account passbook about 3 years old
3• Your age should be between 18 years to 60 years
4• Whatever money you get from the loan, you can use it to start your own business
You can apply for SBI Shishu Mudra Loan Scheme very easily
If you also want to open a small business and you do not have money, then you can take money as a loan from SBI Shishu Mudra Loan Scheme, on which you will have to pay very little interest. Let us know how you can apply in this scheme.
Step 1 First of all you have to go to the nearest State Bank of India branch.
Step 2 Now you have to get complete information about Shishu Mudra Loan Yojana from the bank manager, after that you will be given a form.
Step 3 Whatever information will be asked from you in that form, you have to fill it correctly and check it once again before submitting it.
Step 4 Many documents will also be asked from you along with that form, so you have to attach the photocopy of all the documents one by one with that form and submit it to the bank.
Step 5 Now your form will be checked by the officials if everything is correct if this happens and all your documents are verified, then within a few days your loan amount will be deposited in your bank account.