Bank Of Baroda E Mudra Loan: Pradhan Mantri Mudra Loan Scheme : Are you struggling to get financial help to start your business? Do you need a small loan to keep your business going? Bank of Baroda (BOB Bank) Under the Pradhan Mantri Mudra Loan Scheme, BOB Bank offers e-Mudra loans for business purposes. In this article, we will provide you complete information on how to apply for Bank of Baroda e-Mudra Loan, including age limit for the loan, eligibility criteria, required documents and benefits of the scheme. Let’s go inside.
Bank Of Baroda E Mudra Loan
|બેંક ઓફ બરોડા
|બેંક ઓફ બરોડા ઇ મુદ્રા લોન
|કોણ અરજી કરી શકે છે?
|દરેક રસ ધરાવનાર અરજદાર અરજી કરી શકે છે
|50,000 થી 10 લાખ
Pradhan Mantri Mudra Yojana (PMMY) is an initiative by the Government of India to provide cost-effective credit to micro and small enterprises. The primary objective of Mudra Yojana is to integrate enterprises into the formal financial system and provide credit to those who were previously unfunded. The PM Mudra Loan Scheme provides loans to non-agricultural micro or small enterprises engaged in income generation through manufacturing, trading and services.
Bank of Baroda E-Mudra Loan 2023: Required Documents
Following documents are required to apply for Bank of Baroda e-Mudra Loan:
Proof of business address
Proof of business continuity
Passport size photograph
Last 6 months bank statement
Sales tax certificate
Bank Of Baroda E Mudra Loan: Eligibility Criteria
To be eligible for a Bank of Baroda e-Mudra loan, the applicant must be an Indian citizen and fall under the age bracket of 18-65 years. These loans are available to non-agricultural micro or small enterprises that generate income through manufacturing, trading and services.
Bank of Baroda E Mudra Loan 2023: Benefits of the Scheme
Bank Of Baroda E Mudra Loan Loans are available from 50,000 to 10 lakh rupees.
These loans are available to non-agricultural micro or small enterprises that generate income through manufacturing, trading and services.
Loans can be used for various purposes, including working capital, purchase of machinery and equipment, business expansion and other business-related expenses.
After getting a loan under this scheme, customers have 12 to 84 months to repay the loan.
No processing fee is charged to customers.
Bank of Baroda e Mudra Loan 2023: How to Apply
To apply for Bank of Baroda E-Mudra Loan, follow the steps below:
Visit the official website of Bank of Baroda.
Click on ‘Retail’ and then ‘Loans’.
Under ‘Loans’, click on ‘MSME/SSI’.
Select ‘Mudra Loan’ from the dropdown menu.
Click on ‘Apply Now’.
Fill the application form with required details.
Upload the required documents.
Click on ‘Submit’.