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It is a well-known fact that to establish, run and expand a business, an entrepreneur needs a considerable amount of money. However, at times, entrepreneurs of the future cannot secure enough funding for their business. To fund entrepreneurs and young start-ups, the Indian government came up with Pradhan Mantri MUDRA Yojana (PMMY). The organisation provides what is popularly known as a Mudra loan. The Mudra loan is approved and disbursed through public and private sector banks, NBFCs, small banks, rural banks, scheduled banks, and cooperative societies registered under the PMMY scheme.


The PMMY scheme has created three products: Shishu, Kishore, and Tarun, each of which has different eligibility criteria based on the stage of development. The Pradhan Mantri Mudra Yojana application form is now available on the portals of most banks that are officially authorised to offer the MUDRA loan.

How to Fill the Mudra Loan Application Form?

To apply for the benefits of the MUDRA Yojana, you must follow the steps mentioned below:


  • Step 1: Apply for the Mudra loan by visiting the official website of the preferred financial institution and downloading the Mudra loan online application form.

  • Step 2: Fill in the MUDRA loan application form by providing your name, date of birth, residential/business address, and educational qualifications.

Mudra Loan Application Form

  • Step 3: In the KYC documents section, fill in your Voter ID number, Aadhaar number, and driving license numbers, among others. Also, specify your identity and address proofs.

  • Step 4: Now, fill in any other relevant details along 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.

Mudra Loan Application 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. Finally, fill in the date and place and sign the application form.

Mudra Loan Application Form

  • 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. Once the loan application is approved, you will receive a MUDRA card, using which, you should be able to withdraw the amount from an ATM with the help of a Mudra card and use the funds to meet your business requirements.

Mudra Loan Card

The list of required documents for the MUDRA loan is mentioned towards the end of the application form. Applicants will also be needed to 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:

  • Complete name of the enterprise

  • Serial number of the application

  • Name of the branch

  • Mudra Yojana category: Shishu, Kishor, or Tarun

2. Business Information:

  • Complete name of the enterprise

  • Type of enterprise: It could either be a proprietary partnership, a private or a public limited company or others

  • Business address proof, complete with state and PIN code-related information

  • Mention whether the business premises is self-owned or rented

  • Contact details

  • Applicant’s email ID

  • Existing and proposed business activity

  • Approximate date of commencement of business in DD/MM/YYYY format

  • Unit registration details

3. For Registered Business, the Following Details are Required:

  • Registration number

  • Act under which it is registered

  • Registered address of the office

  • Caste Certificate of the owners if in case they belong to the likes of a Scheduled Caste or Tribe, Other backward classes or any other Minority Community.

4. Background Information of the Proprietor/Partners/Directors

  • Personal details like name, serial number, gender, date of birth, and other such details

  • Contact information such as the likes of your email ID, contact number, registered residential address

  • Highest academic qualification and professional degree

  • Any valid proof of identity and address

  • A copy of the PAN card

  • Director Identity Number for all the directors

  • Total experience in the current line of business

  • Relationship with the other officials/ directors, etc.

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

  • Names of the Associate Concerns

  • Addresses of Associate Concerns

  • Current bank account details

  • Nature of the Association Concerns

  • Extent of interest as a proprietor or partner, director, or as an investor in Associate Concern

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

  • Types of facilities for a savings bank account, current account, or even cash credit account or term loan or even letter of credit or bank guarantee

  • Current bank account details

  • Total loan amount which has been already availed

  • Total outstanding as on date

  • Security that has been pledged

  • Asset classification status

  • If you have a current account with the bank, then the customer ID needs to be provided

  • A certification statement that states you have not applied for a loan with any other bank or financial institution

7. Total Credit Facilities Proposed

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

  • Total loan amount

  • Provide the purpose of the loan

  • Details of the primary security offered (with an approximate value)

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

  • Actual sales in the last two years

  • The statement of sales, revenue, inventory, working cycles, creditors and debtors, promoter’s contribution, total limits, etc.

9. For Term Loan, 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

  • Net sales

  • Net profit

  • Capital (net worth in case of companies)

11. Status Regarding Statutory Obligations

For each statutory obligation, you must mention whether you complied or not by selecting ‘Yes’ or ‘No’ as applicable; mention ‘NA’ if not applicable. Also, in the ‘Remarks’ column in the application form, any detail in connection with the relevant obligation must be provided. The following are the statutory obligations:


  • Registration under the Shops and Establishment Act, 1948

  • Registration with the relevant government bodies that are at the helm of MSME matters (Provisional/ Final)

  • Drug License

  • Latest returns for sales tax filed

  • Latest returns for income tax filed

  • Other outstanding dues for statutory requirement

12. Declaration

  • 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 so that they can 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!


  • ✔️How can I get a MUDRA loan application form?

    Applicants have to follow the steps mentioned below to apply for MUDRA loan:

    • Keep the necessary documents ready. Applicants need to have the necessary documents required to avail a MUDRA loan.
    • Approach a financial institution.
    • Fill in the loan application form.
  • ✔️Can I apply online for a MUDRA loan?

    One can apply for MUDRA Loan under PMMY both online and offline from public sector banks, private sector banks, NBFCs, co-operative banks, small finance banks, regional rural banks and microfinance institutions.

  • ✔️What are the documents required for applying for a MUDRA loan?

    Documents Required for MUDRA loan:

    • MUDRA application form.
    • 2 passport size colour photographs.
    • Photo Identity proof.
    • Address proof.
    • Income proof.
    • Bank statement (last 6 months)
  • ✔️Which banks give MUDRA loans?

    Some of the more popular banks that are offering MUDRA loans are as follows –

    • Oriental Bank of Commerce
    • ICICI Bank
    • Kotak Mahindra Bank
    • Standard Chartered Bank
    • Indian Bank
    • State Bank of Patiala
    • IDBI Bank
  • ✔️Who is eligible for MUDRA?

    Any Indian Citizen who has a business plan for a non-farm income generating activity such as manufacturing, processing, trading or service sector whose credit need is up to Rs. 10 Lakhs can approach either a Bank, MFI or NBFC for availing of MUDRA loans under PMMY.