Mudra Loan Documents
What are The Documents Required for MUDRA Loan?
The PMMY is a government scheme under which non-corporative and non-farming small and medium enterprises can get financing for their business up to Rs. 10 lakhs. The entrepreneurs require few MUDRA loan documents and eligibility criteria to apply for the Mudra Yojana scheme. The Pradhan Mantri MUDRA Yojana (PMMY) is categorised into the following three schemes:
Shishu: loans up to Rs. 50,000 can be availed for starting a business or investing more during its initial stages.
Kishor: SME loans ranging from Rs. 50,000 to Rs. 5 lakhs can be availed to establish and expand the business.
Tarun: loans for business ranging from Rs. 5 lakhs to Rs. 10 lakhs can be availed for the companies who want to establish itself.