Tuesday, 30 April 2019

How to apply mudra yojana loan Steps by steps Explain

How to apply mudra yojana loan offline 

Mudra Loan Official Website: http://www.mudra.org.in


STEP 1: You can download Mudra Loan Application Form from this link – https://goo.gl/B846y5
STEP 2: To get the loan, the applicant should first contact the banks around him and gather the complete information about the loan process and interest rate.
STEP 3: Prepare documents and submit applications
STEP 4: After submitting the application form, the bank will scrutinize your documents, this process may take some days and after the processing of Loan, you will be given a check of the disbursement amount deposited in the bank account of the applicant.
Get loan like this - Process of taking a loan under the Mudra scheme is very simple. You will have to contact the nearest bank branch. Here you will find a form, You have to fill the form and submit it. On the basis of the form, once the bank will verify the place where you have to start work. Once verification happens, the loan will be sent directly to your account.
To withdraw money loan, an applicant (i.e. a borrower) must first identify his closest bank lender And go personally to the bank with your business plan . The loan application must be submitted with a comprehensive business plan, identity card, address proof and passport photographs. Once all the documentation has been completed, the bank will review the business plan and requirement. If approved, a loan from the bank will be sanctioned.

Documents Required*

Identity proof - PAN card / driving license, ID, Aadhar card, passport 
Residence proof-retake telephone bill, electricity bill, (not more than 2 months old)
     Cast Proof - SC / ST / OBC / Proof of Minority (if any)
        Proof of business / service (which you are giving a loan) - Proof of Address Proof / Driving License / Registration Certificate / Ownership of Business Unit, Identity and Other Documents related Address
         Details of existing bank accounts, if any, (bank statement) (for the last six months)
           Balance Sheet of the last two years of the unit with income tax / sales tax return etc. (applicable for all cases of 2 lakh and above)
             In case of an estimated balance sheet working capital limit of 1 year, if there is a term loan then the estimated balance sheet of the entire period (applicable for all cases of 2 lakh and above)
               Sales received during the current financial year up to the date of submission of application.
                  Project Report - Where the applicant is taking the loan for business, where the resource is required, how much estimated (almost) benefits will be by taking a loan, and from where the applicants want to buy all the resources and goods, all these things will be done in a detailed project documents  Is made and presented with,
                   Partnership (in the case of partnership firm) etc. (According to the Indian company clause, agreement of participation of all the partners of the registered company)
                      Description of Asset and Liability - This loan is received without the guarantee of the applicant and the applicant company, so the individual applicant and company applicant is required to know the Net and the ownership and liability (in the absence of third party guarantee)  Give a description - Life can be asked.
                       Photos of owners / partners (two copies)

                           Note *: - Not downloaded from the internet, visiting bank and certified statement from bank

                          Eligibility to Adhar under the money scheme

                          The first condition of borrowing under the money bank scheme is that they should be an Indian citizen.
                          Any Indian citizen or firm who wants to start his business in any field (other than agriculture)Or you want to extend your current business and financial needs is up to Rs. 10 lakhs. He can apply for a loan under the Mudra Loan Scheme
                          Apart from this, business women doing the business of papad, pickle etc. will also be given loan by the bank. Loans have also been provided to those who have a small shop, beauty parlour, mechanic, tailor, potter and so on.
                          The farming industry is not covered under this scheme, But vegetable traders and fruit traders can benefit from this scheme.
                          Considering the efficiency of the LOAN applicant, the type of industry and the need of the industry (cash requirement), it is decided whether LOAN will be sanctioned or not.

                          Types of Pradhan Mantri Mudra Yojana loans:

                          Pradhan Mantri Mudra Yojana – PMMY has issued 3 types of loans for applicants. The loan types are listed below:

                          1. Shishu: This Shishu loan is issued for the people who required lesser funds. The applicant will get a loan up to Rs 50,000 under this stage
                          2. Kishor: Kishor loan is an issue for the people who are already started their business and want some funds to improve their business. The applicant will get a loan between Rs 50,000 to Rs 5 Lakh.
                          3. Tarun: In this stage, an applicant will get the highest loan amount and required eligible conditions. The applicant will get the loan above Rs 5 Lakh and up to Rs 10 lakh.

                          About Mudra Yojna Loan

                          1. Full Name: Micro Units Development & Refinance Agency Ltd.
                          2. Name of the plan: Mudra loan scheme
                          3. Website: Visit on http://www.mudra.org.in/ 
                          4. By whom plan started: By Prime Minister Narendra Modi
                          5. Date of Plan launch: 8 April 2015
                          6. Loan Amount: 50,000 to 10 lakh
                          7. The interest rate on Mudra loan: Compared to other bank's interest rate, there is very little and cheaper
                          8. E-mail: help@mudra.org.in
                          9. Payment period of mudra loan: Can be extended to 5 years...( (60 tenure))
                          10. Helpline Numbers: Call – 1800 180 1111, call – 1800 11 0001

                          If a person wants to start their business or want to pursue their current business, The Indian government has launched Mudra (Micro Units Development Refinance Agency) Scheme to promote small-scale industries. Loans are provided on without guarantee processing fees are charged for providing a loan under the Mudra schemeThe repayment period of Mudra loan can be extended up to 5 years. Facilities of Mudra card by the bank, “RUPAY” (accepted in all ATM’s)

                          Take a loan from government on fake documents,Giving wrong information to the government, unintentionally not submitting / refunding the loan or using the loan amount for some other purpose, This is all a legal offence, For which the applicant can be fined up to jail, And in the future, the possibility of getting a job in any government organization, And you will be banned from taking bank loan,Please do not abuse government help