SBI e-Mudra Loan 2023 Eligibility, Documents Online Application

SBI e-Mudra Loan 2023: Looking For a Business Loan Then State Bank Of India’s e-Mudra Loan is a Great Choice. Here is Complete Information about SBI e-Mudra Loan like Eligibility Criteria, Features, How To Apply Online, Laon Amount, Recuird Documents, Intrest Rate, and more.

SBI e-Mudra Loan 2023

Business enterprises related to the manufacturing, services sectors, trading, and agricultural activities can apply for a Mudra loan. This is a business loan scheme by the State Bank of India with the aim to promote small businesses in India.

Eligibility Criteria

  • Customers have maintained SBI’s current or savings account for at least 6 months in any SBI Branch.
  • Customer must be residing at the same location for at least 2 years.

Features of SBI Laon

  • Instant loan availability of Rs. 50,000.
  • Maximum loan amount is Rs. 1 lakh under SBI e-Mudra Loan.
  • The Repayment period is up to 5 years.
  • For Rs. 50,000 above Laon customers needs to visit SBI’s nearest bank branch for loan formalities.

Documents required for SBI e-Mudra Loan

  • Aadhaar Card & Pan Card
  • SBI Bank Account 6 Month Old
  • Passport Size photographs
  • Business Proof (Name, Start date & Address, etc)
  • General/ SC/ ST/ OBC Certificate
  • GSTN & UDYOG Aadhar
  • Proof of Shop or Business Registration.

Steps to Apply for SBI e-Mudra Loan Online

SBI Bank Existing customers having Savings Accounts or Current Accounts are eligible to apply for an e-MUDRA loan at the SBI e-mudra portal. For this complete process, you need to follow these steps.

  • Step 1: First visit the SBI website and find Pradhan Mantri Mudra Yojana Application Form from the options.
  • Step 2: Now on the official website and click on ‘Proceed’.
  • Step 3: Provide all the required details like the applicant’s Aadhar card, Pan Card, etc. Complete KYC by using Aadhaar card Authentication.
  • Step 4: Your Application Complete for SBI e-Mudra Loan now you receive an SMS with the further process by revisiting the e-MUDRA portal.
  • Step 5: This process takes up to 30 days to complete the processing loan.

Important Link

BOB e-Mudra LoanView
Appy Online (SBI)View
Official WebsiteView

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