| Whatsapp Channel |
udyamimitra.in Mudra loan Apply Online :- A new welfare scheme has been introduced by the government of India named the Mudra Loan Scheme under the Pradhan Mantri Mudra Yojana (PMMY). This initiative has a program to provide financial support to budding local or indigenous businessmen. This scheme has been created to provide financial help through interest-free or extremely low-interest loans to those who have their own small or local businesses. With the help of this, they uplift their business and increase the value of the profit by increasing production and distribution capacity those who have their own small businesses and local budding are eligible we will provide you with all the information regarding this Mudra loan Scheme.
What is PM Mudra Loan Yojana 2025
The new initiative was started by the government of India named the PM Mudra Loan Yojana 2025 under the Pradhan Mantri Mudra Yojana (PMMY). This scheme was programmed in 2015 by the Ministry of trade and Industry. To provide financial support to local small businessmen and local budding it helps to maintain our indigenous businessman community the purpose of this initiative is to provide financial help through interest-free and low-interest loans to those who own local or small businesses. With the help of this scheme, they developed their business and increased their production capacity so state governments have aimed to provide financial assistance without paying any interest.
Table of Contents
Purpose of www.udyamimitra.in Mudra loan Apply Online
The main purpose behind this initiative for provide loans of up to 10 lakhs to the non corporate sector, with nonfarm/ micro enterprises as the main target specifically those who have their own small business and indigenous businessmen or local budding this initiative was started on April 8, 2015, the hon’ble minister. www.udyamimitra.in Mudra loan Apply Online has set out to provide financial assistance without interest-free and low-interest loans with the help of this financial help they can develop their own business and increase productivity capacity it helps to develop our economy and increase profits value.
The aim is to meet the financial needs of the business activities and other entrepreneur segments. They can apply for online offline loans through comercial bank, Regional Rural Banks (RRBs), Small Finance Banks, Micro Finance Institutions (MFIs), and Non-Banking Financial Companies (NBFCs).
Overview Of www.udyamimitra.in Mudra loan Apply Online
| Scheme Name | www.udyamimitra.in Mudra loan Apply Online |
| Loan Amount | Upto 10 lakhs |
| Loan Category | Shishu, kishore & tarun |
| Loan Facility | Cash, Credit, Overdraft & Term loan |
Udymi Mitra Mudra Loan Eligibility
- Applicant must between the age of 18 to 65.
- Application must be involved in income generating activities in sectors such manufacturing trade and services are eligible to apply.
- Application should have indigenous businessman and non corporate sector are eligible.
- Candidate should not have issues with any bank or financial institution.
- Applicant must maintain a credit history.
- Applicant should have necessary skills, experience, or knowledge to undertake the proposed activity.
Udyami Mitra Loan Interest Rate
The interest rate for Udyami Mitra loans its depends on the type of loan and the type of the debtor:
Technology upgradation loans-
- As per the report by official the interest rate for technology upgradation loans is 5% for six years in Zone 1, and the 5% for five years in Zones 2 and last 3.
- The interest rate is significant to loans through KSFC and scheduled commercial banks that are not available under the CLCSS.
Interest subsidy for micro enterprises –
- The interest aid allowed for micro enterprises and small bussiness across the Karnataka is 6% per annum.
Subsidy for setting up Effluent Treatment Plant (ETP)–
- The subvention to setup an ETPs in Karnataka is 75% of the cost, and it can be maximum up to 50 lakh rupees for Zones 1 to 3.
- For Zones 1 and 2 in the Hyd-Kar area, the subvention is 75% of the cost, it can be maximum up to 100 lakh rupees.
| Lenders | Interest Rates (p.a.) |
| Union Bank of India | 10.55% – 12.05% |
| Punjab National Bank | 9.40% |
| Canara Bank | 10.30% – 15.00% |
| Indian Bank | 10.80% – 10.90% |
Loan Amount By Category wise
| Category | Loan Amount |
| Shishu | Up to Rs 50,000 |
| Kishore | Above Rs 50,000 to Rs 5 lakh |
| Tarun | Above Rs 5 lakh to Rs 10 lakh* |
Who Can Apply For The Mudra Scheme
- Manufacturing
- Trade
- Allied Agriculture
- Any non-corporate startup
Documents Required For E Mudra Online Application
- Identity Proof- Aadhar Card/Driver’s License/Voter Card/Pan Card/, etc
- Citizenship Proof- Birth Certificate/Voter Card
- SC/ST/OBC Certificate if applicable
- Income Proof
- Bank Statements
- Passport-sized recent pictures
There are Three type of Mudra Loans:-
Shishu Mudra Loan are specially designed to small businesses such as small businesses under this category candidates are eligible to receive an amount upto INR 50,000.
Kishore Mudra Loan are specially caters to a new local business under this category candidates are eligible to receive an amount upto 5 Lakh.
Tarun Mudra Loan is provided to budding businesses the ceiling limit for Mudra Loan is up to INR 10,0000.
www.udyamimitra.in Mudra loan Apply Online 2025
- Application have to visit official website of the eligible Bank/ NBFC that’s provide loans, as per the instructions of RBI.
- Then select the loan application form from the official portal of the Bank.
- After that filling out the all information and attach the required documents with the form.
- Then review your application loan form and then submit.
- You have to keep reference ID number and get in touch with bank to proceed with the loan formalities.
- In the way the loan amount will be sanctioned and subsequently transferred by the bank into your account after verified all your documents.
www.udyamimitra.in Mudra loan Apply Online Offline
Step 1: You have to visit your nearest Bank that is authorized by the RBI.
Step 2: Here you have to fill out your Loan Form and Submit it.
Step 3: After that you have to complete all additional steps and formalities.
Step 4: After conducting all your details and checked and verified the loan will be approved by the Official.
Step 5: After that the amount will be transferred in your bank account after approval.
FAQS
Do we need to pay some fees to registered on this portal?
No, it’s free of cost.
What is the maximum loan we can avail via this www.udyamimitra.in Mudra loan Apply Online?
The maximum amount of this appication is Upto 10 lakh and its depend on loan category.