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It is a well-known fact that an entrepreneur needs a considerable amount of money to establish, run and expand a business. However, future entrepreneurs sometimes cannot secure enough funding for their businesses. Therefore, the Pradhan Mantri Mudra Yojana (PMMY) was introduced by the Indian government to support entrepreneurs and young startups.


Mudra loans are disbursed through various financial institutions through the PMMY scheme. The PMMY scheme has created three products: ShishuKishore, and Tarun, each of which has different mudra loan eligibility criteria based on the stage of development. 


In addition, the Mudra loan online application form is now available on the portals of most banks that are officially authorised to offer the MUDRA loan.

Download Mudra Loan Application Form in PDF

Mudra Loans are a popular financial assistance scheme offered to support micro and small enterprises. If you're interested in applying for a Mudra Loan, follow these steps. 

  • Visit the official Mudra website and search for “PMMY KIT”

  • Click on the first result that appears, which is “PMMY KIT”

  • Download the application form 

How to Fill the Mudra Loan Application Form

Learning how to fill out the loan application form Pradhan Mantri Mudra Yojana is easy. To apply for the benefits of the MUDRA Yojana, you must follow the steps mentioned below:

  • Step 2: Download the Mudra loan online application form and fill it in with your personal details.

  • Step 3:  Complete the KYC documents section by filling in your Voter ID number, Aadhaar number, and driving licence numbers, among others. Also, specify your identity and address proofs.
  • Step 4: Now, fill in any other relevant details with your email id. If you own a business, mention the line of business, the activity/purpose of the business, the proposed plan, annual sales, and other information, as requested on the PMMY form.
  • Step 5: Specify the loan amount and tenure of your choice. Enter your bank account details and read and understand the mentioned declaration carefully. 

  • Step 6: Once you submit the application form by clicking on the ‘Submit’ button that you will see underneath, the financial institution will review the application. 


After the loan application gets approved, you will receive a MUDRA card. You can use it to withdraw the amount from an ATM to use it as per your business requirements.  

The list of required documents for the MUDRA loan is mentioned towards the end of the application form. You must attach these documents with the form before submitting.

Pradhan Mantri MUDRA Yojana Application Form: Important Sections

There are several sections in the MUDRA loan application form, which are as follows:

1. Information Required for Official Use: 

For official use, you will need to provide the complete name of your enterprise, the serial number of your application, the name of your branch, and your Mudra Yojana category, which could be either Shishu, Kishor, or Tarun.

2. Business Information:

In addition to the above, you will also be required to provide business information, such as the type of enterprise you have, your business address proof, contact details, and your email ID. You will also need to mention your existing and proposed business activity, as well as your approximate date of commencement of business.

3. For Registered Business, the Following Details are Required

If you have a registered business, you will need to provide: 

  • Your registration number,

  • The act under which it is registered

  • Your registered office address 

  • Caste certificate if you belong to a Scheduled Caste or Tribe, Other backward classes or any other Minority Community.

4. Background Information of the Proprietor/Partners/Directors

You will also need to provide background information about yourself. For this, you must submit a copy of your PAN card, valid ID and address proofs, Director Identity Number information, and contact information

5. Details of the Associate Concerns and the Nature of Their Association

When providing details of associate concerns and the nature of their association, you will need to mention the names and addresses of the associate concerns, current bank details, the nature of the association concerns, and the extent of interest as a proprietor or partner, director, or as an investor in associate concern.

6. Banking/Credit-related facilities availed (₹)

Regarding banking or credit-related facilities availed, you will need to provide information about the types of facilities you have. You will also need to mention: 

  • Your current bank account details

  • The total loan amount which has already been availed,

  • The total outstanding as of the date

  • The security that has been pledged

  • The asset classification status

7. Total Credit Facilities Proposed

For total credit facilities proposed, you will need to mention: 

  • The types of facilities in terms of cash or credit or term loan or even Letter of Credit or Bank Guarantee

  • The total loan amount

  • The purpose of the loan

  • The details of the primary security offered with an approximate value

8. For Working Capital: On the Basis of Cash Credit Limit Applied:

You will also need to mention your past performance/future estimates, such as net sales, net profit, and capital (net worth in the case of companies). 

9. For Term Loans, the Following Details Need to be Provided:

  • Types of machine or equipment

  • Name of the supplier

  • Total cost of the machine

  • Contribution that is being made by the promoters, in (₹) terms

  • Total loan amount required

  • The period of repayment along with the granted moratorium period

10. Past Performance/Future Estimates

You will need to provide your net profit and net sales figures, along with details about the existing capital or net worth. 

11. Status Regarding Statutory Obligations

You will need to mention your status regarding statutory obligations, such as registration under the Shops and Establishment Act of 1948, registration with the relevant government bodies that are at the helm of MSME matters (Provisional/ Final), drug licence, latest returns for sales.

12. Declaration

Finally, you need to submit a declaration with the following details. 

  • Declaration with passport-size photographs and signature(s) of the Proprietor/Partners/Director

  • Mention of date and place

  • Acknowledgement slip for loan application under PMMY



As per the MUDRA Yojana scheme, loans are available for entrepreneurs who reside in backward sections of the country to meet their business and/or expansion goals. 


If you plan on getting started with your start-ups or are looking for modern infrastructure, you can also take a look at the business loan options available on Bajaj Markets. The online application process for business loans is convenient and requires zero collateral. 


In addition to the same, you will also get to select the loan repayment tenure. The loan approval takes less than 2 minutes. Apply for a business loan today!

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Documents Required to Apply for MUDRA Loan Application

Having all of these documents in order and attached to your application can increase your chances of a successful Mudra Loan application. It's important to ensure that you have all the necessary documentation in place before submitting your application to avoid any delays or complications in the process.


Here are the key documents that need to be attached along with your Mudra Loan application:

  • Identity proof (such as PAN card, passport, or voter ID)

  • Address proof (such as a utility bill or AADHAR Card)

  • Business proof (such as registration certificates, licences, or permits)

  • Financial statements (such as bank statements, income tax returns, and other relevant documents)


There are three key steps you need to follow. Firstly, ensure that you have all the documents ready, including identity proof, address proof, business proof, and financial statements. 

Secondly, approach a financial institution that offers Mudra loans, such as a bank or other lending institution. Finally, fill in the Mudra loan application form and submit it with all the necessary documents.

You have the option to apply for a MUDRA loan under PMMY either online or offline. Public sector banks, private sector banks, NBFCs, co-operative banks, small finance banks, regional rural banks, and microfinance institutions are all possible sources for your loan.

Some of the more popular banks that offer Mudra loans include Oriental Bank of Commerce, ICICI Bank, Kotak Mahindra Bank, Standard Chartered Bank, Indian Bank, State Bank of Patiala, and IDBI Bank. By exploring the various options available, you can choose the bank that offers the best terms and conditions to suit your unique financial needs and goals.

You can submit your Mudra loan application form at any participating financial institution or bank listed on the Mudra website. Additionally, some banks may allow you to apply online through their website or mobile app. It's important to check with your preferred institution for their specific application submission process.

No, it's not possible to get a Mudra loan without income proof. As per the Mudra loan eligibility criteria, applicants are required to provide financial statements as proof of their income. This is essential to ensure that the borrower has the ability to repay the loan amount as per the agreed terms.

Latest News Updates

Mudra Loans Saw a 23% Disbursal Rise in the First Quarter of FY24

Pradhan Mantri Mudra Yojana (PMMY) loan disbursal in India has increased significantly, reaching ₹81,597 Crore in the initial quarter of FY24. Comparing this to the 62,650 crore distributed in that same quarter last year, there has been a 23% growth.


The upsurge in disbursals could be attributable to many causes, including a rise in demand for financial assistance in the Tarun category. Since the program's inception, the first quarter disbursals have increased unexpectedly.


The amount of PMMY loans disbursed in the first quarter of fiscal year 2024 was ₹81,597 Crore, an increase of 23 percent from the same period in the prior year.

- Jul 10, 2023

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