BOB e-Mudra Loan in Gujarati | PM Mudra Loan Scheme | Mudra Loan Interest Rate | BOB e-Mudra Loan Eligibility | Bank of Baroda Mudra Loan Scheme
Are you interested in starting a business? And if you need money urgently, SBI is offering e-Mudra Loan. Similarly BOB e-Mudra Loan Apply Online can help you. People who have a savings or current account with State Bank of India will be eligible for a PM e-Mudra loan of up to Rs 50,000 from Bank of Baroda.
Bank of Baroda E Mudra Loan 2023: Eligibility Criteria
Any non-agricultural enterprise can apply for this loan.
A business needs to be classified as a micro enterprise or small enterprise
Income in business should be one.
An enterprise should be engaged in trade, manufacturing or services.
The credit requirement of the business should not exceed Rs. 10 lakhs.
Pradhan Mantri Mudra Loan Yojana Detailed Information
Under this scheme, the people who want to start their own business will be given business loan through this scheme, which will help them to set up the business. Mudra Loan Yojana 2023, if you want to get all information about this scheme, then you have complete information in this article. From it you will get benefits, eligibility, documents and other information of this scheme and you can apply easily. If you are also planning to start your business and facing money problem, you can start your business with the help of government.
Documents required for loan application
Application form with passport-size photographs
Proof of business address
Proof of business continuity
Passport size photograph
Last 6 months bank statement
Sales tax certificate
Any other document required by the bank
Amount of loan receivable
Infant Rs. 50,000
Among teenagers Rs. 50,000 and Rs. 5.00 lakhs
Among young people Rs. 5.00 lakhs and 10.00 lakhs
The smallest category of Bank of Baroda Mudra Loan is Shishu Yojana. This scheme is most beneficial for small businesses who only need seed money. This loan scheme also charges minimum interest rate.
Bank of Baroda Mudra Loans Kishore Yojana is for businesses that are established and require loans for further expansion. Under this scheme Rs. 50,000 to Rs. 5 lakhs can be availed.
Tarun Yojana is the largest category of Bank of Baroda Mudra Loans. The loan amount under this scheme is more than Rs. 5 lakh but less than Rs.10 lakh can be availed. It can be used to buy expensive machinery or to continue a business.
How to apply for BOB e-Mudra Loan online?
First of all, if you want to avail Mudra loan from Bank of Baroda, first of all you have to go to its official website.
A main page will open in front of you where you will see the option of e-currency, click on it.
Then a new page will open in front of you. To do so, you should carefully read the instructions provided by the bank and press the “Send” button.
Now you need to register your mobile number, you need to enter the loan amount that you want to get.
A new page will open, where you have to carefully fill the details of all the documents you have. And if you know, you will also get a chance to know.
Click on submit when all information is correct.
Now your information will be sent and you will take a print out of success flower and keep it with you.
In this way you will get a loan of up to 50,000 in 5 minutes.
BOB e-Mudra Loan Helpline
Mudra Helpline 1800 180 1111 / 1800 11 0001
BOB Helpline Number 1800 102 4455
Click here to apply online
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