How to Apply for SBI Mudra Loan Online: Step-by-Step Process

SBI Mudra Loan Online

SBI Mudra Loan Online : A special scheme campaign is being run by the bank to provide loans to all its account holders. This scheme has been named by the bank as SBI Mudra Loan Yojana. Through SBI Mudra Loan bank, any account holder in this scheme can apply for the loan online sitting at home. The loan is disbursed immediately, within 10 minutes without any hassle. If you also want to take a loan through SBI Mudra Loan, then you can apply for it as soon as possible. The details of how to apply online from home have been given in detail below. To apply for a loan through this and for more information about this, click on the link given below.

Sabi Mudra Loan Interest Rate

Loan Amount10,000,00
Interest Rate9.75%
To whom the loan will be givenTo traders already in business or starting new business
Margin Money50,000 is nil and up to 10 lakh is 10%.
Processing Fees0 for Shishu and Kishor loan, 0.50% of the loan amount for Tarun loan plus taxes
Pre-Payment ChargesThree to five years depending on the activity/income generation
Collateral Security0

The loan scheme offers a maximum loan amount of up to Rs 1 lakh. The maximum repayment period in Mudra loan scheme is up to 5 years. Under this scheme, an instant loan of up to Rs 50,000 is available. Loan amount above Rs 50,000 is available for any need For , the applicant has to visit the nearest branch of SBI for loan formalities

SBI Mudra Loan Online Apply: Required Documents And Link

  • KYC Documents of the Applicant: Passport, Voter ID Card, Aadhaar Card, Driving License, PAN Card
  • Savings/Current Account Number and Branch Details
  • Proof of business (name, start date and address)
  • UIDAI- Aadhaar number (must be updated in account number)
  • Community Details (General/SC/ST/OBC/Minorities)
  • Other information to be uploaded like GSTN and Udyog Aadhaar
  • Proof of shop and establishment and business registration
  • To apply online, open this page in SBI home page and submit the form online.

Official Website – Click Now

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