How to apply SBI MUDRA LOAN in full Details in Telugu Video
I make the best Videos information for telugu YouTube viewers. Please Subscribe to my YouTube Channel. Please Like.#howtoapplymudraloan #SBI #Emudra #PMSAVANIDHI #E-MUDRALOAN #mudraloan #onlineloan #loan #newupdate #instantloan #PersonalLoan #kirantechguru
●◆◆Please Support Like, Subscribe me🙏●◆◆
mudra loan link : https://emudra.sbi.co.in:8044/emudra/...
◆◆●Eligibility Criteria●◆◆
To avail Mudra loan from SBI, you must meet the following eligibility criteria:
Must have maintained SBI's current or savings account for at least 6 months .
◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆◆
How to Apply for SBI e-Mudra Loan?
Existing customers sharing relationships with SBI in the form of Savings Account or Current Account (Individual) can apply for an e-MUDRA loan of amount Up to Rs. 1,00,000 by visiting the SBI e-mudra portal and following the below-mentioned steps:
Step 1: Select Pradhan Mantri Mudra Yojana Application Form from the drop-down menu.
Step 2: Visit the SBI official website https://emudra.sbi.co.in:8044/emudra and click on 'Proceed'.
Step 3: Provide the required details like the applicant's Aadhar card for e-KYC purposes through UIDAI, as the e-KYC and e-sign need to be completed through OTP authentication for loan processing and disbursement.
Step 4: Once the SBI formalities and loan process is completed, the applicant shall receive an SMS that will state to initiate the further process by revisiting the e-MUDRA portal.
Step 5: This process needs to be completed within 30 days after the receipt of the SMS of loan sanction.
◆ SBI e-MUDRA Loan Features & Eligibility
◆ Features
The maximum loan amount offered is Rs. 1 lakh
The maximum repayment period is up to 5 years
Instant loan availability of Rs. 50,000 as per bank's discretion
For loan amount above Rs. 50,000, an applicant needs to visit SBI' nearest bank branch for loan formalities
◆ Eligibility Criteria
To avail Mudra loan from SBI, you must meet the following eligibility criteria:
Must have maintained SBI's current or savings account for at least 6 months
Documents required for SBI e-Mudra Loan
To apply for a Mudra loan from SBI, you are required to submit the following documents, along with the loan application form:
◆ Duly filled application form with passport-sized photographs
◆ KYC documents of the applicant: Passport, Voter's ID card, Aadhar Card, Driving License, PAN card
◆ Details of Savings/Current Account number and branch
◆ Proof of Business (Name, Start date & Address)
◆ UIDAI- Aadhar Number (should be updated in A/c Number)
◆ Community details (General/ SC/ ST/ OBC/ Minority)
◆ Other information for uploading like GSTN & UDYOG Aadhar
◆ Proof of Shop & Establishment and business registration
◆ Any other document required by SBI
SBI Mudra Loan Eligibility
◆ Applicant must be engaged in a non-farm income-generating activity, either in manufacturing or in the services sector
◆ The applicant should be residing at the same location for at least 2 years
◆◆Features ◆◆
◆Type of Facility: Working Capital and Term Loan
◆Purpose : Business purpose, capacity expansion, modernization
◆ Target Group : Business Enterprises in Manufacturing, Trading and Services sector including allied agricultural activities.
◆◆ Repayment Period ◆◆
WC/TL: in 3 - 5 yrs including a moratorium of upto 6 months depending on the activity/ income generation.