Pradhan Mantri Mudra Yojana 2024 : Pradhan Mantri Mudra Yojana is run by the Central Government. Under this scheme, youth can easily get a loan of up to Rs 10 lakh to start an industry or shop. If you are thinking of starting an industry or want to set up a shop, then you will be provided financial assistance by the government. If you do not have money to start an industry or are not able to get financial assistance, then you will be provided financial assistance through such a scheme of the government.
Through this scheme, the government is currently providing loans to all the needy citizens with some easy conditions of the banks. If you are unemployed and do not have enough money to start your own business, then this will be a golden opportunity for you. You can start your own business by getting a loan under the Pradhan Mantri Mudra Loan Scheme 2024 launched by PM Modi.
Who can take loan up to Rs 10 lakh
- The applicant must be a native of any state in India.
- To avail the benefits of Pradhan Mantri Mudra Yojana, the applicant must be at least 18 years of age.
- The benefit of this scheme will be given only to those people who have not defaulted on any bank loan before.
- The person should have proper and complete knowledge of the industry or business for which he wants to avail the benefit of Pradhan Mantri Mudra Yojana. Pradhan Mantri Mudra Yojana
- The main objective of this scheme is to increase entrepreneurship among the people, along with this, employment opportunities will also be available through this loan.
How to apply for Mudra Loan online
The applicant has to fill a Mudra Loan Form. Download this loan form from any of the websites of bank institutions offering Mudra loans. Applying online for MUDRA loan application is very convenient as it relieves the hassle of visiting banks and waiting in queues. Following are the steps to apply online for Mudra Loan:
- Step 1: Download the loan application form
- Step 2: Fill correct information in the loan application form
- Step 3: Visit any public or private bank
- Step 4: Complete all bank procedures
- Step 5: After which the loan will be passed
These are the required documents
- Aadhar card
- voter card
- Ration card
- PAN card
- caste certificate
- 2 passport size photographs of the applicant
- If Mudra loan is being taken for purchasing any machinery then the quotation made by the concerned showroom or company for the same should be made.
- Name of supplier / Description of machinery / Price of machinery and/or items to be purchased
- MSME Certificate for Business
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