Under the PM Mudra Yojana being given by the government i.e. Modi government, people are now getting loans at low interest and there are many benefits of getting this loan, it can also be forgiven in any adverse situation, so get complete information about the new loan scheme of this government and apply and get a loan of up to Rs 10 lakh now.
In this article, we will provide you all the information about PM Mudra Yojana Loan 2024, the Registration Process, and Eligibility.
PM Mudra Yojana Loan 2024 Overview
In the budget of his third term, the amount of this loan has been increased from Rs 10 lakh to Rs 20 lakh i.e. now you can get a loan of up to Rs 20 lakh, although for the last few years, after the Corona epidemic, a loan of up to Rs 10 lakh is being given and now in the third budget session of the year 2024.
Scheme | PM Mudra Yojana |
Topic about | Registration Process & Loan |
Year | 2024 |
Loan Upto | 10- 20 Lakhs |
Aim | Financial Support To Start Business |
If a person needs up to ₹ 50000 in starting his new work or his business or factory, then he can take a child loan which is a part of PM Mudra Yojana, while if he wants to take a loan of Rs 50000 to Rs 5 lakh, then he can take a Kishore loan, Which is a part of PM Mudra Yojana, if there is more need, then you can take a loan of ₹ 500000 to 10 lakh rupees in youth.
PM Mudra Yojana Loan Eligibility 2024
- Indian citizens will also get the benefit of PM Mudra Yojana loan, both women and men are eligible in it,
- Mudra Yojana loan will be received only by a person above 18 years of age,
- Mudra Yojana Loan will be available to a person who is starting his new work or business or factory or any business, then according to his requirement, he can take a loan of up to Rs 10 lakh under PM Mudra Yojana.
- You can get a loan from any government bank which has already been a bank account of the beneficiary, you can take the same loan,
- To get a loan, you will need an Aadhaar card and other documents of your loan requirement, including documents of factory or any work, industry or any business and other certificates.
PM Mudra Yojana Loan Registration 2024
For the loan of PM Mudra Yojana, you can apply by going to any Indian bank in which you already have an account, then now you can take PM Mudra Yojana loan from the bank to start your new work.
- Visit the government’s official Mudra Yojana loan portal,
- Download any one of the three loan formats such as Shishu, Kishore and Tarun as per your need, download the loan form you want,
- Up to ₹ 50000 in Shishu Loan and up to ₹ 500000 in Kishore Loan and up to Rs 10 lakh in Tarun Loan and the forms of all three are given on the portal.
- Download the form, print it and add all the necessary documents together,
- Take all the documents and documents of your new work that you are starting and take bank account diary and Aadhaar and all other documents to your bank branch,
- Give this form to the bank manager and request for Mudra Yojana loan,
- Verify the form after some time after giving the form, the amount will be put in the bank account as soon as the government approves.