E-Mudra Loan: Check Eligibility, Interest Rates & Features
What is E-Mudra Loan ?
e-Mudra loan is a unsecured business loan that people with capital needs of under ₹10 Lakhs can avail through the internet
Benefits of E-Mudra Loan
- Does not need any gaurantee.
- Avail upto rs.10 Lacs.
- Nominal Documentation.
- By Internet its Save Time.
Top PSU Bank offer e-Mudra Loans
- State Bank of India .
- Canara Bank.
- Punjab National Bank.
- Bank of Baroda.
Documents for e-Mudra Loans
- KYC .
- Project Report.
- Sales Record & Business Financial.
- Registration & Balance Sheet.
Types of e-Mudra Loans
- up to Rs.50000/- Shishu Loan.
- Rs.50000-500000/- Kishore Loan.
-Rs.500000-1000000- Tarun Loan
Eligibility of e-Mudra Loans
- Any Business Owner/Seeker.
- Age 18 to 65 Year.
- Not Defaulter or Other Business Loan.
- Loan throgh MSME.
Repayment Period
Loan for 3 year to 5 Year.
- Its given as Term Loan, Cash Credit & Overdraft
Interest Rate of
E Mudra
Interest Rate Start from 9.80 % to 12 %.
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