How to Apply Mudra Loan Online

• Visit the Jansamarth portal
• Scroll down and click on “Check Eligibility” under Business Activity Loans.
• Begin the eligibility check by selecting your business category from the list provided.
• Fill in additional details and click on “Calculate Eligibility”.
• A page showing eligible schemes along with the eligible loan amount will be displayed.
• Select the MUDRA Loan offer and click “Login to Apply”.

• Enter your mobile number and verify it using the OTP to register.
• Provide consent, enter your email address and verify it via OTP.
• Set your password and proceed.

• You will be redirected to the eligible loan offers under the MUDRA Loan scheme.
• Click Proceed, review the loan details you filled earlier, and continue.

• A page listing all the required documents will appear. Keep them ready.
• Provide consent and click next.
• Identity verification will begin:
  • Upload PAN details
  • Verify identity using Aadhaar

• Enter your sales details, including:
  • GST details
  • Monthly sales for the last 12 months
• Fill in your income details, business details, and financial details.
• Add and verify your bank account details.
• Enter additional business details.
• Provide your business loan requirements.
• Enter details of any existing loans (if applicable).

• Submit your application.
• After submission, a page will display MUDRA Loan offers from various banks along with their interest rates.
• Compare the offers and select the one that best suits your needs.
• Choose the branch of the selected bank and complete the process.

Compare here - Current Mudra loan interest rates of all banks

• Step 1. Visit a nearby branch of a bank or MFI offering MUDRA loans
• Step 2. Ask for a MUDRA loan application form at the bank or download it from the lender’s official website.
• Step 3. Fill in the form accurately by entering your business, personal, and professional details.
• Step 4. Attached all the required documents mentioned
• Step 5. Submit the completed form along with the documents to the lender
• Step 6. Upon submission, your application will be reviewed, and documents will be verified by the lender.
• Step 7. Once approved, the loan amount will be disbursed into your bank account

• Identity proof
• Address proof
• Recent passport-size photograph
• Applicant’s signature
• Identity or address documentation for the business entity

• SHISHU Loan Scheme: Loans up to Rs. 50,000 (For start-ups and new businesses)
• KISHOR Loan Scheme: Loans from Rs. 50,001 to Rs. 5 lakh (For buying equipment/machinery, raw materials, the business expansion for existing enterprises)
• TARUN Loan Scheme: Loans from Rs. 5 lakh to Rs. 10 lakh (For established businesses and enterprises)
• TARUN Plus: Loans above Rs. 10 lakh to Rs. 20 lakh (Only for those entrepreneurs who have successfully closed previous loans under the ‘Tarun’ category)

• Expanding your business
• Purchasing plant and machinery
• Meeting working capital requirements
• Developing business infrastructure
• Upgrading technology
• Procuring raw materials
• Scaling daily operations
• Expanding products or service offerings
• Diversifying business activities