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Apply Online Mudra Loan

Mudra loan can be used for new business & existing business, Borrower can borrow this type of loan for development of infrastructure of your project, or to bear regular expenses, purchasing new equipment & machinery. The best part of the loan is you do not require to pledge any collateral or assets.

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Apply Online Mudra Loan

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  1. Apply Online Mudra Loan

  2. Apply Online Mudra Loan Mudra loan can be used for new business & existing business, Borrower can borrow this type of apply online mudra loan for development of infrastructure of your project, or to bear regular expenses, purchasing new equipment & machinery. The best part of the loan is you do not require to pledge any collateral or assets. Under the scheme of PradhanMantri Mudra Yojana (PMMY), MUDRA (Micro Units Development and Refinance Agency) has created three products known as ShishuKishor and Tarun. These are categories such as: • Shishu: covering loans up to 50,000/- • Kishor: covering loans above 50,000/- and up to 5 lakhs • Tarun: covering loans above 5 lakh and up to 10 lakhs

  3. How to apply   You are required to check your eligibility to apply for the mudra loan. An individual should have fulfilled the following criteria. • The Age of Individuals should be minimum of 18 and maximum of 65 years. • Any new or existing company can apply • Business categories who are involved in food production, textile, agriculture, services providing to community or society are eligible • Minimum 2 years records of business continuity • Minimum 1 year of audit by registered chartered accountant After that, you can apply for mudra loan interest rate online and You can visit website requesting an application form to fill required details with attaching necessary documents. To apply offline, you can visit the nearest bank branch then ask for an application form to fill in all the required details, along with necessary documentation.

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