PM Mudra Yojana 2021 Registration , Required Document , Application Form ,Benefits , Eligibility Criteria

PM Mudra Yojana

This scheme become started by means of Prime Minister Narendra Modi in 2015. PM Mudra Yojana Through this scheme, the government wants to assist those folks who need to do their very own business or need to increase their enterprise, via this scheme they'll be supplied a mortgage of up to a million    

PM Mudra Yojana Overview

This changed into the principle reason why our Prime Minister started out this scheme on eighth April 2015. This scheme has been created to assist the those who are facing troubles for enterprise. According to the Finance Minister, loans had been provided by this scheme banks and financial establishments. So a ways 28 81 lakh commercial enterprise human beings and beneficiary were given a mortgage of 15 factor 10 lakh. It has been told by the Finance Minister that people were given a assure-unfastened loan of Rs.A hundred thousand in 3 classes thru this scheme. This mortgage has been supplied maintaining in mind the things associated with the sports of manufacturing, exchange and service area and agriculture. It become running 9.37 crore loan money owed with the aid of the Prime Minister until the give up of March 2020, out of which up to 1.62 loans have been given.

PM Mudra Yojana Registeration Process

Step 1- Visit the Official Website of Pradhan Mantri Mudra Yojana i.e. www.mudra.org.in.

Step 2- On the Homepage, There is an option for all three types of loans on the website. Click on any loan you want to download and download the form.

• शिशु
• किशोर
• तरुण

Step 3- The application Form PDF page will be displayed on the screen. After this you will have to take a print out of this application form.

Step 4- Now fill the required details (Mention all the details such as name, father/ husband name, date of birth, gender, caste and other information) and upload documents.Apart from general information in this form, you will also have to tell about the place of starting a business.

Step 5- If you are from reserved category then you will also have to submit caste certificate.

Step 6- You will also need two passport size photos while filling the form.

Step 7- After the process of filling the form, go to your bank or any bank and submit all the documents.

Step 8- During this time, the branch manager of the bank can take information about your business and work from you.

Step 9- After that he approves your loan. Within a few days of applying for a loan, you will get a Mudra Debit Card and your loan amount will be deposited in this card. Which you will be able to use to start your business.

PM Mudra Yojana Required Document

• Aadhar Card
• Pan Card
• Permanent address of the application
• Business address and proof of establishment
• Balance Sheet for the last three years
• Income Tax Returns और Self tax Returns
• Passport size photo

Vehicle Loans

• Mudra application form
• Vehicle loan application form
• 2 passport size color photographs
• Photo Identity proof
• Address proof
• Income proof
• Bank statement (last 6 months)

Business Installment Loan

• Mudra application form
• BIL application form
• Photo identity proof
• Address proof
• Establishment proof
• Bank statement (last 6 months)
• Ownership proof of residence/office
• Proof of continuity of business
• Proof of qualification
• Trade references
• 2 years ITR
• CA certified financials

Business Loans Group and Rural Business Credit

• Mudra application Form
• BIL/RBC application form
• Photo identity and age proof
• Address proof
• Ownership proof of residence/office
• Business vintage proof
• Bank statement (last 12 months)
• Income tax return (last 2 years

PM Mudra Yojana Benefits

• Under this scheme, you can take a loan of up to 50 thousand rupees to start your small work.
• Mudra Yojana was launched by Prime Minister Narendra Modi (PM Modi) in April 2015.
• The facility is collateral free i.e. borrowers need not provide any security or collateral for availing Mudra loan.
• Mudra loans are offered under PMMY with the help of Public and Private Sector Banks, Non-Banking Financial Companies (NBFCs), Micro Finance Institutions (MFIs) and Regional Rural Banks (RRBs).

PM Mudra Yojana Eligibility Criteria

• The person taking the loan should not be less than 18 years of age.
• Applicant should not be a defaulter in any bank
• Applicants earning should be more than 17000 rupees.
• Applicants have a job record for at least two years.
• Under this scheme, businesses, sellers, shopkeepers, small industrialists, manufacturers, agricultural-related people and traders who want to start a business can take loans.
• All non-corporate non-farm enterprises.
• Primarily engaged in income generation through manufacturing, trading and services.
• Where the requirement of credit is for maximum Rs.10 lakhs or lower.
• Engaged in allied agriculture services since 1st April 2016.

PM Mudra Yojana Helpine Number

Mudra Loan Scheme Helpline No. 2020 – Pradhan Mantri Mudra Yojana

For more yojana visit yojana Page