Pradhan Mantri Mudra Yojana 2020

Hello Friends kaise ho aap log. Aaj ham baat karne wale hai Pradhan Mantri Mudra Yojana 2020 ke upar to Dosto Pradhan Mantri Mudra Yojana ki Madad se Aapko Bussiness Me bahut jyada Help mil sakti hai aap apne bussiness ke liye loan le sakte hai. Dosto agar aap bussines karte hai to bhi loan le sakte aur agar bussines start karna chahte hai to bhi aap Pradhan Mantri Mudra Yojana se labh le sakte hai . Pradhan Mantri Mudra Yojana ek bahut hi achi Yojana hai jiski madad se middel Class ke logo ko bhi fayda ho sakta hai. Agar aap bhi Pradhan Mantri Mudra Yojana ka Labh Lena chahte hai to Niche di gayi informatio ko puri tarah se samje ki aap kis tarah se Pradhan Mantri Mudra Yojana ka labh le sakte hai aur Online Kaise Apply Kar Sakte Hai.

PM Mudra Yojana has announced to make a business loan of up to 20 lakh instead of 10 lakh. Also, now you can take SBI Mudra Loan online up to ₹ 50 thousand only.

Pradhan Mantri Mudra Yojana 2020 | How to apply online [PM Mudra Yojana]

What is Pradhan Mantri Mudra Yojana?

The full name of Mudra Yojana is - Micro Units Development Refinance Agency.

To cater to the financial needs of small and medium-sized businesses in the country, the Government of India has launched Pradhan Mantri Mudra Yojana (PMMY) in April 2015.

In this, all those who want to start a business loan or want to grow their Existing Business Idea.

# 1 benefits of Pradhan Mantri Mudra Yojana

Loans are given without Guarantee.

No Fees for Loan Processing are charged.

Its Repayment Period has been extended by 5 years.

Your loan can be removed easily by Mudra Card.

# 2 Mudra Scheme Qualifications

Any Indian citizen or firm which is associated with any other type of business except farming - can apply in Mudra Scheme.

In addition, those traders who want to expand their existing business, they can fulfill financial needs up to 20 lakhs under this scheme.

# 3 Types of Mudra Loans

Pradhan Mantri Mudra Yojana loan is divided into three parts -

> Shishu Loan: Up to 50,000 / - loan is given under Shishu Loan.

> Kishor Loan: Loans ranging from Rs. 50,000 / - to 5 lakhs in Kishore loans. And

> Tarun Loan: loans ranging from 5 lakh to 20 lakh are available in Tarun loan.

At least 60% of the loans under Mudra Yojana will be given in the form of child loans.

# 4 interest rates and subsidies

There is no fixed interest rate under PM Mudra Loan.

These may vary depending on the bank, business risk and loan amount.

Interest rate of Mudra Loan is around 9% to 12% per year.

Also, no subsidy is given by the government.

If the applicant has applied for subsidy in any other scheme like Sukanya scheme, that subsidy can be linked to Mudra Loan.

How to apply for Mudra scheme online?

Now let's talk about how you can apply online in PM Mudra Yojana and what is the process of taking Mudra Loan

# 5 choose the right bank

There is no facility to apply online in Mudra Yojana.

Like normal loan process, it also has loan processing.

The loan is given by the bank keeping in view the business ideas of the person.

Therefore, contact the bank with your business plan and proper documents.

complete information about the loan process and interest rate will have to be collected.

To get a loan, you have to fill the application form and submit it.

List of Institutions and Banks Offering Mudra Loan

Presently loans are being given under the Mudra Scheme by the following institutions -:

By 27 public banks

17 private banks

By 31 regional rural banks

4 by cooperative banks

By 36 microfinance institutions

25 non-banking financial institutions

# 6 Important Documents

Depending on the loan amount, business and bank rules, the number of documents can be small.

Identity Proof

Proof of Address (Residence Proof)

Business Enterprise Copy

Proof of SC / ST / OBC / Minority.

Business Plan / Project Report.

The applicant should not be a defaulter in any bank.

Bank Account Statement (Last 6 months)

In Case of Rs.2 Lacs and above in last 2 years balance sheet

Two photos (Proprietor / Partners)

# 7 Mudra Application Form

For Mudra Loan, you can get the application form from the bank or you can download it online.

# 8 Mudra Loan Processing

1. First, collect the application form and document.

2. After that go to your bank and submit the Form + Document.

3. After which your documents will be verified by the bank.

4. Banks may also ask for some more documents for satisfaction.

5. If everything is correct, the bank will accept your application. And

6. After the loan processing is complete, the bank will provide you the check.

(In many Cases, the amount is directly transferred to the bank account.)

7. After which you will be able to use that loan.

# 9 Who will not get the loan?

Many such situations can occur when the bank rejects the loan application of the applicant. like -

If the applicant does not have proper document.

If there are no better prospects in the Project Report.

If the applicant has already taken a business loan or

The holder is not able to meet the required qualifications.

# 10 What is the limit on the currency card?

A Mudra card (in the form of Rupay Debit Card) is issued to all applicants taking Mudra loan at the time of grant of loan.

Whose Withdraw Limit is as follows -

Shishu Loan - 10,000

Kishor Loan - 15,000

Tarun Loan - 20,000

# 11PM Mudra Yojana Helpline Number

Complaint on not getting loan under Mudra Yojana

If you face any problem related to the currency scheme then you can contact the given website, mail and phone number -

> Mudra Yojana Website Portal

> Mail - help@mudra.org.in

> Helpline Numbers 1800 180 1111

# 12 FAQ’s

Q.1 If SBI does not get the loan within 30 days, what to do?

Ans: If you are in State Bank of India (SBI Bank)

Artical Details - Pradhan Mantri Mudra Yojana 2020 | How to

apply online [PM Mudra Yojana]

Pradhan Mantri Mudra Yojana 2020 | How to apply online [PM Mudra Yojana]