PM Mudra Loan Yojana 2024: The PM of our country has implemented many schemes for all the people of the country, the benefits of which are being taken by the countrymen. PM Shri Narendra Modi has launched many Yojana especially for the poor of the country, due to which the poor have got many facilities. The scheme that we have brought today is started by Modi ji, the name of this Yojana is PM Mudra Loan Yojana, it will also benefit all the people of the country.
Under this Yojana, people who want to start their own business will be given business loan through this Yojana, which will help them to set up the business. If you want to get all the Details about this yojana then you have complete information of this blogposts, from it you will get benefits, eligibility, documents and more details of this yojana and you can apply easily.
PM Mudra Loan Yojana 2024
- Name of yojana:- Prime Minister Business Loan Scheme
- When launched :- 8 April 2015
- Launched by :- Prime Minister Shri Narendra Modi
- Loan Assistance :- Rs.50000/- to Rs.1000000/-
- Objective of the yojana :- Loans for new business, business to the citizens of the country
- Official Website :- mudra.org.in
Purpose of Pradhan Mantri Mudra Loan Scheme 2024
The main objective of this Yojana is that people who want to set up their own small business will be given business loan through this Yojana. Because many people want to establish their own business but due to lack of money they cannot establish their own employment. That is why the Govt. has started giving loans to those people through PM Mudra Loan Scheme.
Three types of loans can be availed through PM Mudra Loan Scheme,
- Shishu Loan yojana:– Upto Rs.50 thousand,
- Kishore Loan yojana:– Rs.50 thousand to Rs.5 lakh and
- Tarun Loan yojana:– Rs.5 Lakh to Rs.10 Lakh,
Thus under all three types of loans from Rs.50000 to Loans up to Rs.1000000/- can be availed. So you can borrow as much money as you want through one of these loans
Benefits of Pradhan Mantri Mudra Loan Scheme
If you want to apply for PM Mudra Loan Scheme 2024, definitely check the benefits given here as applying will give you all the benefits below.
- Through Prime Minister Business Loan Scheme, people of the country can take loans from it to set up small businesses.
- Citizens who apply online through the Mudra Loan yojana will get a card that will enable them to spend their business.
- Under this yojana, any citizen of the country can take a business loan, that too without any collateral.
- This will not incur any charges and the loan repayment period can also be extended.
- Collateral Free Loan :– No collateral or security is required from the borrower by banks/NBFCs
- Concessional rates for women entrepreneurs
- Loans covered under credit guarantee yojana from Govt. of India
- Term loans, working capital loans and overdraft facilities can be availed
- All non-agricultural enterprises, i.e. small or micro enterprises engaged in income generating activities can avail PM Mudra loan.
- SC/ST/minority category people can also avail Mudra loan at special interest rate.
Eligibility for Prime Minister Business Loan Scheme
If you want to apply for Prime Minister Business Loan Scheme, you have to check the eligibility first, if you are eligible for this yojana then you can apply.
- Candidate must be a resident of India.
- Candidate should be above 18 years of age.
- The Candidate should not be a defaulter in any bank under this.
- The Candidate must have some needed documents.
Documents for Chief Minister Mudra Loan Scheme
- Passport size Photo of the Candidate
- Aadhar card
- PAN card
- Permanent address of the Candidate
- Three year balance sheet
- Income Tax Return Air Self Tax Return
- Started business and establishment certificate
Pradhan Mantri Mudra Loan Yojana Apply Online
- If you want to apply for Prime Minister Business Loan Scheme, you have to first go to its official Portal, which will open its home page in front of you.
- At the bottom of this home page, you have to click Here on Shishu Loan, Kishore Loan & Tarun Loan, from which you required a loan.
- On click Here, you have to download the form for Prime Minister Business Loan Scheme and take a print out of it.
- Then all the Details asked in the online form has to be filled correctly.
- After that attach all the documents along with the online form and submit it to your nearest bank.
- After verification of your Form, you will get the loan
Important Link
| Official Website | View |
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