Government Scheme

Mudra Loan

Micro Units Development and Refinance Agency (MUDRA) loan scheme to support micro enterprises with funding up to ₹10 lakhs without collateral.

Up to ₹10 Lakhs

Maximum loan amount

7-10 Days

Quick processing time

No Collateral

Collateral-free loans

8.5% - 12%

Competitive interest rates

Mudra Loan Categories

Choose the right Mudra loan category based on your business stage and funding requirements.

Shishu

Up to ₹50,000

For micro enterprises in their initial stage

Key Features:

No collateral required
Simple documentation
Quick processing

Eligibility:

New or existing micro enterprises
Manufacturing or service sector
Non-farm income generating activities

Kishor

₹50,001 to ₹5,00,000

For established micro enterprises looking to expand

Key Features:

Flexible repayment
Working capital support
Equipment financing

Eligibility:

Established micro enterprises
Good credit history
Viable business plan

Tarun

₹5,00,001 to ₹10,00,000

For well-established businesses seeking growth capital

Key Features:

Higher loan amounts
Competitive interest rates
Business expansion support

Eligibility:

Well-established enterprises
Strong financials
Growth potential

Documents Required

Prepare these documents for a smooth and quick loan application process.

Aadhaar Card & PAN Card

Business registration documents

Bank statements (6 months)

Income proof/ITR

Business plan/project report

Quotations for machinery/equipment

Passport size photographs

Caste certificate (if applicable)

Application Process

Simple 5-step process to get your Mudra loan approved quickly.

Apply Online

Fill application form

Document Upload

Submit required documents

Verification

Document & business verification

Approval

Loan approval & sanction

Disbursal

Amount credited to account

Ready to Apply for Mudra Loan?

Get your business the funding it deserves. Our experts will guide you through the entire process.