Here’s a list of all the MUDRA loan eligibility documents:
Identity proof
Residence proof
Duly filled Mudra form application in PDF format along with passport size photographs
KYC documents for the applicant
Income proof: bank statement for the past 12 months
Previous year’s ITR, if applicable
Community proof for applicants ST/SC/OBC
Ownership proof
Business Continuity Proof
Any other proof required by the lender
Here are all the individuals and entities eligible to apply for the Mudra loan:
Entrepreneurs looking to start a business
Owners of small or medium sized businesses
Artists
Retailers
Traders
Manufacturers
Sole proprietors
Limited liability partnerships
Partnership firms
Small and micro manufacturing businesses
Yes, loans availed under the Mudra scheme are unsecured. This means that you need not submit any collateral or security when availing your Mudra loan.
You can avail Mudra loans if you’re engaged in any of the following sectors - manufacturing, trading and services.
Loans under Mudra Yojana are available for MSMEs
You can submit ITR, Proof of Establishment and Sales Tax Certificate as proof of business.
Yes, you can get a Mudra loan without an ITR.
You need the following documents to avail a Mudra loan - identity proof, residence proof, duly filled Mudra form application in PDF format along with passport size photographs, KYC documents for the applicant, income proof, previous year’s ITR, if applicable, community proof for applicants ST/SC/OBC, ownership proof, Business Continuity proof, any other proof required by the lender
Here are all the individuals and entities eligible to apply for the Mudra loan - entrepreneurs looking to start a business, owners of small or medium sized businesses, artists, retailers, traders, manufacturers, sole proprietors, limited liability partnerships, partnership firms, small and micro manufacturing businesses, any other unit belonging to the Small Scale Industry category
There are no processing fees associated with the Mudra loan.
No, PAN card is not required for the Mudra loan application.