PM Mudra Loan Yojana 2023 | for business you will get loan from 50 thousand to 10 lakhPM Mudra Loan Yojana 2023 |

       Various schemes and services are availed by Central Government and Gujarat Government to citizens for starting new business. Government of India runs Pradhan Mantri Credit Yojana , Kisan Credit Card Yojana and Pradhan Mantri Mudra Loan Yojana etc.  Friends, today through this article we will get detailed information about PM Mudra Loan Yojana 2023 provided by Sarkarshree to start a new business or business.

SBI E-Mudra Loan is a financial product offered by State Bank of India (SBI)  as part of Pradhan Mantri Mudra Loan Scheme. This scheme is designed to provide funds to individuals who want to start or expand their small business in India.

Under the SBI e-Mudra Loan Scheme, individuals can apply for a loan of up to INR 50,000 to help get their business off the ground. Loans can be used for various purposes, including purchase of equipment and machinery, recruitment of employees, marketing and advertising, etc.

Purpose Of PM Mudra Yojana

       Micro, Small, and Medium Enterprises ( MSME’s ) make an important contribution to the country’s economy. Under PM Mudra Yojana, if the citizens of the country want to start their new business, industry or business, they are provided with facility like loan. This scheme is implemented with the main objective of providing loans to the loan customers through the authorized banks of the country.

    PM Mudra Loan helps MSME’s by fulfilling the following mentioned objectives.

  • Citizens to start a new business
  • Expansion and growth of existing business
  • Recruitment of trained and competent personnel
  • Purchase of new machinery
  • Getting working capital for business
  • Purchase of commercial equipment

SBI E-Mudra Loan Apply Online 2023: SBI Mudra Loan Scheme

To be eligible for SBI e-Mudra loan, you must have a savings account or current account with SBI. The loan application process is quick and easy, and can be completed completely online through the SBI website.

One of the main advantages of SBI e-Mudra Loan is that it is designed to be accessible and convenient for small business owners. With a simple application process and quick turnaround time, it is a practical solution for those in need of funding to start or expand their business.

Overview Of SBI E-Mudra Loan

Name of ArticleSBI e-Mudra Loan Apply Online 2023
Name of the schemePradhan Mantri Mudra Loan Yojana (PMMY)
Who initiated the plan?A scheme launched by the Prime Minister of the country to provide loans of up to 10 lakhs to non-corporate, non-agricultural small/micro enterprises.
When did the scheme start?April 8 ,  2015
Objective of the scheme
The scheme has been launched to help India’s small scale businesses, companies, units to grow and reach fruition.
Official websiteClick here
Sbi E mudra loanClick here

What Is PM Mudra Loan Scheme?

This loan scheme supports the development of small scale companies in the country. This scheme is launched to help them reach success. The scheme was launched on 8th April, 2015. PM Mudra Loan Scheme has been implemented to provide funds to small companies.

        PM Mudra Yojana Full Form

MUDRA Full Form is as follows, Micro Units Development & Refinance Agency. The scheme primarily helps companies in both the profit and non-profit sectors with loans. Companies or individuals who want to get PM Mudra Loan Online Rs. 50,000 to Rs.10,00,000/- can get financial assistance.

Eligibility For The Scheme

     There are certain eligibility criteria for availing the PM Mudra Loan Scheme. Which are as follows.

    ● Indian citizen is eligible for this scheme.

    ● Beneficiary should have good credit score.

    ● Borrower should not be a defaulter from other banks

    ● The bank has to show in writing where and how much you will invest before getting a loan under Mudra loan.

    ● Applicant should have Aadhaar card.

    ● PAN Card

    ● Applicant should be above 18 years of age.

    ● Income Tax Returns of last 3 years

How To SBI E-Mudra Loan Apply Online in Gujarati

Applying Applying online for SBI e-Mudra Loan is a quick and easy process. To get started, follow the steps below:

  1. First   type SBI e-Mudra Loan  in  Google .
  1. Visit the SBI website and click on the “Loans” tab.
  2. From the list of loan options, select “e-Mudra Loan”.
  3. Click on “Apply Now” button.
  4. Fill the online application form with your personal and financial information. Be sure to provide accurate and complete information to avoid any delay in the process.
  5. Upload the required documents, including proof of identity, address, business plan, financial documents and any other required documents.
  6. Submit the completed application form and wait for the response from the bank.

It is important to note that the loan application process may vary slightly depending on the specifics of your business and financial situation. If you have any queries or need assistance in the application process, you can contact the SBI Customer Service Team.

SBI E Mudra Loan Helpline

If you have any queries or need assistance in the SBI e-Mudra loan process, you can contact the bank’s customer service team for support. There are several ways to get in touch with SBI:

  • Phone:  You can call SBI e-Mudra Loan Helpline at 1800-11-2211 or 1800-425-3800. The customer service team is available 24/7 to assist you with any questions or issues you may have.
  • Email:  You can send an email to the SBI Customer Care Team at
  • Online Chat:  You can use the online chat facility on the SBI website to connect with a customer service representative in real-time.
  • Social Media:  You can also contact SBI through their social media accounts on platforms like Facebook and Twitter.
  • Face-to-face:  If you prefer to speak to a customer service representative face-to-face, you can visit your nearest SBI branch for assistance.
ObjectsLink & Helpline Number
Mudra Helpline1800 180 1111 / 1800 11 0001
SBI Helpline1800 11 2211, 1800 425 3800, 080-26599990

Type Of Industries Under Loan

The Yojana Loan Scheme is availed to start and encourage new businesses and industries. Below mentioned industries can apply for Mudra Loan Scheme.

  • Shopkeepers
  • Business Vendors
  • Food Production Industry
  • Agriculture Sector
  • Small scale manufacturers
  • Repair Shops
  • Handicraftsmen
  • Service Based Companies
  • Truck Owners
  • Self-employed entrepreneurs

Features Of The Loan

       Mudra Loan Yojana has the following features. Due to which this scheme is different from other schemes of Govt.

  • The amount obtained through this loan scheme can be used to meet the working capital requirements of the company.
  • To serve industries engaged in manufacturing, trading and services.
  • Both existing and new companies can apply for Mudra Loan.
  • Citizens can directly apply online through PM Mudra Website and Mudra Mobile App.
  • PMMY tenure ranges from 3 to 5 years.
  • Enterprises are completely free to use the funds received through PM Mudra Loan Scheme for purchase of equipment, purchase of machinery, recruitment of staff etc.
  • There are three schemes under the Mudra Loan scheme.
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