Mudra Yojana : PM Modi Mudra info

The MUDRA loan is provided under the Pradhan Mantri MUDRA Yojana (PMMY) to non-farming and non-corporate micro and small enterprises.

These enterprises can avail loans up to Rs.10 Lakh under the MUDRA (Micro Units Development & Refinance Agency Ltd.) scheme.

The Mudra Loan has been classified as below :

Shishu Loan :- Loan up to – 50,000

Kishore Loan :- Loan ranging from – 50,000 to – 5 lakh

Tarun Loan :- Loan above – 5 lakh and below – 10 lakh

We provide information in two launguage to understand better way of mudra loan Yojana.

1) HINDI

2) ENGLISH

PM Mudra Loan Yojana application contains all the information about this usefull initiative . With this application you get to know most of the information Pradhan Mantri MUDRA Yojana (PMMY). How it works ,

document required for this Loan, Supported business etc

Document required for this Loan, Supported business etc

:- Loan Amount: ₹1,000 up to ₹10,00,000

:- Minimum Annual Percentage Rate (APR): 8%, Maximum APR: 18%

:- Minimum repayment period: 6 months, Maximum repayment period: 36 months

:- Processing Fees: 0%

:- If customers opt for a Value-Added Service, the fee for the same shall be levied additionally

Example

Loan Amount- Rs. 1 Lakh

Tenure -4 Years

Interest -12%

Monthly EMI = Rs.2633

Total repayment = Rs.1,26,402

Loan Types :

Online loan, a good choice to help you, you can get a loan through direct bank transfer. All you need is your PAN Card & Address Proof to avail ₹1,000 to ₹50,000 for a tenure ranging from 90 days to 6 months.

What is Mudra loan

Mudra Money is a fast, secure, reliable, and free Android mobile banking app, available in India. We make getting a personal cash loan easy and fast: download the app, answer a few questions and get instant cash loans approved in under 5 minutes.

Eligibility –

+ Indian Resident.

+ Source of a monthly income.

+ 20-60 years old.

Loan Amount: Rs 5,000 to Rs 1,00,000

+ Minimum Annual Percentage Rate (APR): 10% to 24%, Maximum Annual Percentage Rate: 10% to 36% (reducing balance)

+ Minimum repayment period: 91 days, Maximum repayment period: 24 months

+ Processing Fees: Max (₹350 + GST, Up to 2%-7% of the loan amount plus GST)

+ Prepayment Fees: 2.50% prepayment amount

+ Your bank may also levy charges in case of a bounce.

Easy-to-Apply Process

+ Download the Mudra Loans App

+ Provide basic details & check your eligibility in 2 mins!

+ Choose your loan amount & repayment tenure

+ Complete your KYC and verify your income

+ Get the money transferred directly to your Bank A/c in a few hours!

Mudra loan – Loan Instant Features :

1. 100% Online process/B

2. Fund safety, protected by advanced server

3. Loan transfer via bank

4. Step-by-step guide on how to apply for a Mudra Yojana loan

5. Eligibility criteria and required documents checklist

6. Expert tips on how to increase your chances of approval

7. User-friendly interface designed for Indian entrepreneurs

We only provide information to readers and visitors which we take it from following government public domains.

What is Mudra Loan? – https://www.mudra.org.in/

Types of Mudra Loan – https://www.mudra.org.in/offerings

Purpose of Mudra Loan – https://www.mudra.org.in/offerings

Benefits of Mudra Loan – https://www.mudra.org.in/Offerings/Benefits

How to Apply for Mudra loan? – https://www.mudra.org.in/Home/PMMYBankersKit

Mudra Loan Eligibility – https://www.mudra.org.in/Home/AllDocuments

What is the interest rate for Mudra loan? – https://www.bankbazaar.com/personal-loan/mudra-loan-interest-rates.html

Activities covered under Mudra Loan – https://www.mudra.org.in/offerings

Disclaimer:

This app is only for Information & guidance purpose.

We do not affiliate with any government entity, services or person. We are not any official partner of the Government schemes or a linked with any way with government.

We just show their main website content in our application as a web view format. We do not own any website which is available in this application.

Leave a Comment