SBI Mudra Loan Yojana 2025

SBI Mudra Loan Yojana 2025: Under the Shishu Mudra Loan Yojana, you can get a loan without any hassle and start your own business. If you are thinking of applying for a loan under the Shishu Mudra Loan Yojana to start your business, read on to know how to apply and what documents are required.

SBI Shishu Mudra Loan Yojana 2025 | SBI Shishu Mudra Loan Yojana

Name of the schemeSBI Mudra Loan Yojana | SBI Shishu Mudra Loan Yojana
was startedThrough State Bank of India/SBI
BeneficiaryCitizens of the country
ObjectiveHelp start a business
Loan amountUp to 50,000
CategoryCentral government scheme
Application processOffline
Official websitehttps://www.onlinesbi.sbi/

Objective of SBI Shishu Mudra Loan Scheme

The primary objective of the SBI Shishu Mudra Loan Scheme is to help individuals who want to start their own business but lack financial resources. The scheme provides financial assistance to new entrepreneurs so that they can set up their small businesses, thereby creating employment opportunities and reducing unemployment in the country.

SBI Mudra Loan Yojana Loan Amount

Through the SBI Shishu Mudra Loan Scheme, individuals can avail loans of up to ₹50,000 to start or upgrade their businesses. The loans are available without any collateral and can be availed directly from the bank. The loans carry interest at the rate of 12% per annum with a repayment period of 1 to 5 years.

SBI Shishu Mudra Loan Yojana Benefits

SBI Shishu Mudra Loan Scheme is designed for individuals who want to start or expand their businesses. It provides them with financial assistance to make their dreams come true.

SBI Mudra Loan Yojana Eligibility Criteria

To avail the benefits of SBI Shishu Mudra Loan Scheme, applicants must meet the following eligibility criteria:

  • Citizenship: Applicants must be Indian citizens.
  • Age Limit: Applicants must be between 18 and 60 years of age.
  • Business Status: Applicants must either own a business or be part of a startup.
  • Bank Account: Applicants must have a bank account that is at least 3 years old.
  • Financial Documents: Applicants must have records of their GST and Income Tax returns.

SBI Shishu Mudra Loan Required Documents

To apply for a loan under the SBI Shishu Mudra Loan Scheme, applicants need to submit the following documents to the bank:

  • Aadhar card
  • PAN card
  • Proof of residence
  • Proof of income
  • Credit report
  • Business Proof
  • Mobile number
  • Bank account passbook

SBI Shishu Mudra Loan Application Process

To avail SBI Shishu Mudra Loan, follow these steps:

  • Visit the nearest branch of State Bank of India.
  • Consult with a bank employee about the Shishu Mudra Loan Scheme.
  • Get the application form from the bank employee.
  • Fill out the form with accurate information.
  • Attach photocopies of the required documents with the form.
  • Submit the application form along with the documents to the bank.
  • The bank will verify your form and documents.
  • After approval, the loan amount will be transferred to your account.

Important Links

Direct Mudra Loan Online ApplyView
Official WebsiteView

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