Like other banks India’s number one bank State Bank Of India is also providing the MUDRA Loan under Pradhan Mantri MUDRA Yojana ie PMMY. The all branches of State Bank Of India is authorise to disburse loan under MUDRA Scheme. According to last year financial records State Bank of India had released the largest amount under MUDRA Loan.
Now you can apply mudra loan in State Bank of India at any branch. We are sharing the documents which you require for MUDRA Loan.
- Shishu: Not More than ₹50,000.
- Kishore: Between ₹50,000 and ₹5,00,000.
- Tarun: Between ₹5,00,000 to ₹10,00,000.
Any individuals or firm can apply Mudra Loan in State bank of India at any branch & please don’t pay any money to get MUDRA Loan under PMMY. If someone is asking money to approve MUDRA Loan, Please let us know or write to senior officials of state bank of India.
State Bank of India is charging up to 12% interest in Mudra Scheme. As you know that the MUDRA Yojana is collateral free schemes & you no need to submit any guarantee for it.
We are sharing list of documents which you require to get Mudra Loan. Please follow the bank instructions because it may very bank to bank. Please write us your comment & share your experience with us. It will help others to make process easy.
- Mudra application Form
- BIL/RBC application form
- Photo identity & age proof
- Current Address proof
- Ownership proof of residence/office
- Business vintage proof
- Bank statement (last 12 months)
- Income tax return (last 2 years)
MUDRA LOAN is a purely commercial loan and can avail for any commercial activities and Branch Manager’s of State Bank of India will let you know in details.
We are sharing State Bank of India MUDRA Loan Application form for your convenience. Click here to download it.