In today's time, many people want to start their own business. In such a situation, the government is also promoting self-reliance and startups. For this, the Government of India has started the Prime Minister Mudra Yojana (PM Mudra Yojna).
Through this scheme, you can also take a loan to start your business. The interest rate of loans available under this scheme is much lower than that of banks.
PM Mudra Yojana has been started with the aim of helping the youth to start their own business. Under this scheme, the loan is given in easy installments. Loan up to Rs 10 lakh is given under PM Mudra Yojana.
Let us know how you too can apply for this scheme.
How to apply
You have to go to the official website of PM Mudra Loan Scheme.
In this, you have to select the option of Mudra Loan.
Now click on apply.
After this, you have to go to registration fill in all the necessary information, and generate OTP.
After entering the OTP, you have to select the application center for the loan.
After this, all the necessary documents have to be uploaded.
Now you have to click on submit after which you will get the application number.
You can easily check the status through the application number.
Know what is the whole process?
Which documents are necessary
id proof
Address proof
business proof
passport size photo
What is the eligibility of the scheme
Only Indian citizens can avail the benefits of this scheme.
If a person is a defaulter of a bank or financial institution then he will not get the benefit of this scheme.
No agent is required to avail the benefits of the scheme.
To avail the benefits of this scheme, you can easily apply online.
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