HDFC Mudra Loan : Get information about eligibility criteria by HDFC Bank under PM Mudra Loan.
HDFC Mudra Loan
Loans under Pradhan Mantri Mudra Loan Scheme are offered by different banks in India in different ways. The largest private sector bank in the country is HDFC Bank. Loans up to Rs 10 lakh are given by this bank for starting a new industry or business.
Highlighted Table: લોનની શ્રેણીઓ અને ફાયદા
| લોનની શ્રેણી | લોનની રકમ | ફાયદા |
| શિશુ | રૂ. 50,000/- સુધી | નાના ઉદ્યોગોને શરુ કરવા માટેની સહાય |
| કિશોર | રૂ. 50,000 થી 5 લાખ | ઉદ્યોગના વિકાસ માટે પોષક સહાય |
| તરૂણ | રૂ. 5 લાખ થી 10 લાખ | મોટા સ્તરે ઉદ્યોગના વિસ્તરણ માટે સહાય |
PM Mudra Yojana aims to provide easy access to loans for small businesses and women. It is divided into following three types.
Infant Loan: Rs. Loan up to 50,000/
Kishore Loan: Rs. 50,000 to 5 lakh loans
Youth Loan: Rs. Loans ranging from 5 lakhs to 10 lakhs
Eligibility for availing loan from HDFC
PM Mudra Loans are provided to enterprises in the non-farm manufacturing, trading and services sectors with a financial requirement of Rs. is less than 10 lakhs. Following are some of the main eligibility criteria for this loan.
Operating in manufacturing, trading, and services sector
Non-farm units.
Micro-enterprises whose financial requirement is Rs. is less than 10 lakhs.
Documents required for availing loan
Following documents are required to avail Mudra loan.
- Aadhaar Proof (eg, Aadhaar Card, PAN Card)
- Current Address Proof (Electricity Bill, Ration Card, Aadhaar Card)
- Income Statement or Income Tax Return (ITR) of last 2 years
- Bank statement of last 6 months
- Loan Application Form
- Evidence of ownership of office
- Any license or registration regarding business
How to Apply Mudra Loan Process
The process of getting Mudra Loan is simple and straightforward. Before applying for this loan, make sure whether your business is eligible for the loan. Then apply. The application process for getting a loan is as follows.
- Fill Application Form: Go to the nearest branch of HDFC Bank and fill the form for Mudra Loan.
- Submit Documents: Submit the form with required documents.
- Loan Sanction: The loan will be sanctioned after verification of documents by the bank officials.
- Loan Money Flow: The loan amount will be credited to your bank account.
Main advantages
Ease of Loan: The main advantage of PM Mudra Yojana is that small businesses can get loans easily, which enables them to grow their business.
Interest Rate: The interest rate for the loan is also very favorable due to which more and more entrepreneurs come forward to avail this scheme.
Application Process: The loan application process is simple and quick, making it easy for small businesses to get financial assistance.
Important features
PM Mudra Yojana is a good option for small and medium enterprises.
There are various types of loans available through HDFC Bank, which suit personal and business needs.
Mudra loan application process is easy and fast.
You need to ensure that you meet the appropriate documents and eligibility criteria.
conclusion
Pradhan Mantri Mudra Yojana is very effective in promoting small businesses. The Mudra loan application process at HDFC Bank is easy and quick, and these loans are a great option for small businesses to meet their financing needs. If you are thinking of starting a small business or expanding it, PM Mudra Loan can prove useful for you.