PM Mudra Loan Yojana 2024: Government is giving loan up to Rs 10 lakh for business, Know how to apply

PM Mudra Loan Yojana 2024 Hello friends, today we have come again with exactly the same article in which we are talking about the PM Mudra Loan Yojana started by the Government of India. Friends, today we have been told that the government has launched a new scheme to connect the unemployed with employment.

Is implementing. Similarly, PM Mudra Loan Yojana has been started for the people who want to do business. Under this scheme, loans up to Rs 10 lakh will be provided to unemployed people for employment. Under this scheme, you will be provided with the fulfillment of some documents.

Friends, if you also want to start your own new business by getting a loan given by the government, then today’s article is very important for you, with the help of today’s article we will give you complete information about this scheme. If you also want detailed information about this scheme then read this article till the end.

What is PM Mudra Loan Yojana 2024?

Through this scheme, loans will be given to people who wish to start their own businesses. The government will give loans ranging from ₹ 50,000 to ₹ 10 lakh to those interested people. There is no processing fee of any kind on the loans given by the government. You can apply for this loan by going to the nearest bank. The interest paid on the loan availed under this scheme is much less than the loan amount.

PM Mudra Loan Yojana 2024
PM Mudra Loan Yojana 2024

Types of PM Mudra Loan Scheme

Under the PM Mudra Loan Scheme, 3 types of loans are provided by the government which are Shishu, Kishor, and Tarun loans. Under the PM Mudra Loan Scheme, the government provides a loan of up to ₹ 50,000 in Shishu Loan. Loans ranging from ₹ 50,000 to ₹ 5 lakh are given on Kishore Loan and loans ranging from ₹ 5 lakh to ₹ 10 lakh are given on Tarun Loan.

Eligibility for PM Mudra Loan Scheme

If you want to avail the benefits of this loan scheme by applying for it then you have to fulfill the eligibility criteria of this scheme which are as follows:

  • The benefit of PM Mudra Loan Scheme will be given to those applicants who are natives of India
  • Only those persons who are above 18 years of age will be provided the benefit of this loan scheme.
  • To get a loan under this scheme, your CIBIL score should be good.
  • Apart from this, the applicant should have documents like an Aadhar Card, Voter Card, Ration Card, PAN Card, Caste Certificate, and Business Related Certificate as documents.

PM Mudra Loan Yojana Online Apply

If you also want to apply under this loan scheme and avail of its benefits then you can apply under this scheme and avail of its benefits with the help of the steps given by us.

  • To apply for a loan under this scheme, you will first have to visit the official website of this scheme.
  • After this, you will get the option of 3 types of loans – Shishu, Tarun, and Kishor.
  • You have to click on the loan you want
  • After this, you will see the link to the application form which you have to click on.
  • After this, you have to get the application form as PDF and take a printout of it.
  • After this, we have to fill in detail all the information asked in the application form.
  • In the next step, we have to attach all the necessary documents to this plan.
  • After this, we will be submitting the application form by going to the nearest bank branch.
  • After this our application form will be approved and the loan amount will be transferred to our account.

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FAQ

1.What is PM Mudra Loan Yojana 2024?

Through this scheme, loans will be given to people who wish to start their own businesses. The government will give loans ranging from ₹ 50,000 to ₹ 10 lakh to those interested people. There is no processing fee of any kind on the loans given by the government. You can apply for this loan by going to the nearest bank.

2. What is the main objective of PM Mudra Loan Yojana 2024?

PM Mudra Loan Yojana has been started for the people who want to do business. Under this scheme, loans up to Rs 10 lakh will be provided to unemployed people for employment. Under this scheme, you will be provided with the fulfillment of some documents.

3. How to apply for PM Mudra Loan Yojana 2024?

If you also want to apply under this loan scheme and avail of its benefits then you can apply under this scheme and avail of its benefits with the help of the steps given by us.

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