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How to Apply for Mudra Loan Online 2026

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HDFC BankHDFC Bank
Processing Time7 - 10 Days
Interest Rate13% onwards
Processing FeesUpto 2%
Max. Loan Amount₹1 Crore
IDFC First BankIDFC First Bank
Processing Time7 - 10 Days
Interest Rate14% onwards
Processing FeesUpto 3%
Max. Loan Amount₹1 Crore
Bajaj FinservBajaj Finserv
Processing Time3 - 6 Days
Interest Rate19% onwards
Processing FeesUpto 2%
Max. Loan Amount₹75 Lakh
Aditya Birla Capital LimitedAditya Birla Capital Limited
Processing Time1 - 2 Days
Interest Rate21% onwards
Processing FeesUpto 2%
Max. Loan Amount₹50 Lakh
Tata CapitalTata Capital
Processing Time3 - 6 Days
Interest Rate19% onwards
Processing FeesUpto 2%
Max. Loan Amount₹75 Lakh
FlexiLoansFlexiLoans
Processing Time3 - 6 Days
Interest Rate18% onwards
Processing FeesUpto 2%
Max. Loan Amount₹25 Lakh
ICICI ODICICI OD
Processing Time7 - 10 Days
Interest Rate14% onwards
Processing FeesUpto 2%
Max. Loan Amount₹50 Lakh

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What is the PM MUDRA Loan Scheme?

Pradhan Mantri Mudra Yojana is a Govt. initiated collateral-free business loan scheme offering MUDRA loans up to Rs. 20 lakh with a repayment tenure of up to 5 years. MUDRA stands for Micro Units Development & Refinance Agency Ltd., a financial institution set up to offer loans to micro enterprises through banks/MFIs/NBFCs. The MUDRA loans are divided into 4 categories, namely:

  • 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)

MUDRA Loan Online Application Process

  1. Check Eligibility: Provide details related to your business and requirements to get the best suitable scheme.
  2. Apply Online: Enter basic details and upload documents as required.
  3. Get Digital Approval: Steps to get digital approval:
    • Start with KYC verification.
    • Verify your details first to continue.
    • Enter your basic & loan details.
    • After KYC verification, fill in your basic and loan details.
    • Select the branch of the concerned bank.
    • Select your concerned bank and branch details.
    • Get instant digital approval.
  4. Track your application: Check the real-time status of your application at your convenience.

How Can You Apply for a MUDRA Loan Online in 2026?

By following the steps below, you can apply for a MUDRA Loan online through government portals like JanSamarth or directly through participating banks.

MUDRA Loan Apply Through JanSamarth Portal

For the ease of understanding of the users, the steps are divided into 7 parts in a chronological order:

Part 1: Complete Process to Apply for a MUDRA Loan on the JanSamarth Portal

  • 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”.

Part 2: Registration and Login

  • 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.

Part 3: Accessing the Eligible Loan Offers

  • 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.

Part 4: Document Preparation and Verification

  • 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*

Part 5: Providing Business and Financial Information

  • 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).

Part 6: Uploading Documents

  • Upload the required documents, such as:
    • KYC documents
    • Udyam Registration Certificate
    • Caste Certificate (if applicable)
    • Any other required documents

Part 7: Final Submission and Offer Selection

  • 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.


Check Here - Current Mudra Loan Interest Rates of All Banks

How to Apply for Mudra Loan Directly Through Banks or Offline?

  • 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

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Eligibility Criteria for PM Mudra Loan

Eligible applicants for a MUDRA loan:

  • Individuals
  • Proprietary Concern
  • Partnership Firm
  • Private Limited Company
  • Public Company
  • Entities of any other legal form

Documents Required for MUDRA Loan Application

  1. Identity proof
  2. Address proof
  3. Recent passport-size photograph
  4. Applicant’s signature
  5. Identity or address documentation for the business entity

MUDRA Loan Amount Categories

Category Amount
Shishu Loans up to Rs. 50,000
Kishor Loans from Rs. 50,001 to Rs. 5 lakh
Tarun Loans from Rs. 5 lakh to Rs. 10 lakh
Tarun Plus Loans above Rs. 10 lakh to Rs. 20 lakh (only for entrepreneurs who have successfully repaid previous loans under the Tarun category)

How to Get a Mudra Loan Easily?

To get a MUDRA loan easily, applicants can follow the tips mentioned below:

  • Choose the right loan: Of the four categories, choose and apply for the loan that best fits your business needs.
  • Prepare your documents in advance: Keep your documents updated and error-free to improve your approval chances.
  • Clearly state your business purpose and project: Explain how the loan amount will be used, as this helps build lender confidence.
  • Maintain a healthy banking record: Maintain stable cash flow and regular transactions in your bank account to demonstrate financial discipline.
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