Get the app — instant 
Our Advisors are available 7 days a week, 9:30 am - 6:30 pm to assist you with the best offers or help resolve any queries.
Best Loan Offers
Curated Offers from 20+ Lenders
Unsecured Loan
Term Loan & OD Facilities Available
Expert Advice
Guidance & Assistance
Top Up Facility
Loan to Get Additional Funds
15.5L Reviews
Avail up to ₹1 Cr starting at 13%
15.5L Reviews
Best Loan Offers
Curated Offers from 20+ Lenders
Unsecured Loan
Term Loan & OD Facilities Available
Expert Advice
Guidance & Assistance
Top Up Facility
Loan to Get Additional Funds
Compare & Choose the Best Offer
Pre-approved Offers with Instant Disbursals
Know Your Chances of Approval
End-to-End Digital Process
Get up to ₹1 Crore in 5 Simple Steps
Step 1: Enter your mobile number in the application form.
Step 2: Enter OTP to verify your mobile number.
Step 3: Provide your personal details.
Step 4: Select a bank account for account aggregator consent.
Step 5: Compare offers and apply for the best-suited loan.
| Lender | Interest Rates (p.a.) | |
|---|---|---|
| Shishu Mudra Loan | Mudra STP Loan | |
| Punjab National Bank | 9.40% | 10.65% |
| Union Bank of India | 10.30% | 11%- 12% |
| Bank of Baroda | As per the applicant’s credit profile | – |
| State Bank of India | As per the applicant’s credit profile | – |
| Bank of India | As per the applicant’s credit profile | – |
Rates as of 26th February 2024
Must Read: What are the documents required for applying Mudra loan?
MUDRA Yojana under Pradhan Mantri Mudra Yojana (PMMY) categorises these loans into three segments viz., Shishu, Kishor, and Tarun. The three loan schemes under Mudra Yojana along with the loan amount offered are as follows:
| Types | Loan Amount | Details |
|---|---|---|
| Shishu | Up to Rs. 50,000 | This stage caters to the needs of entrepreneurs who are yet to start their businesses or whose enterprises are at an early stage. |
| Kishor | From Rs. 50,001 – Rs. 5,00,000 | This stage helps the businesspersons who have started their business but are in a need of funds to sustain it in the market. This segment is also for those entrepreneurs who need a larger sum of money than what Shishu loan offers for starting their businesses. |
| Tarun | From Rs. 5,00,001 – Rs. 10,00,000 | This is the highest level of the scheme and an entrepreneur is eligible for a loan from Rs. 5 lakh and up to Rs. 10 lakh. These loans are meant for business owners who need to set up a large business or need funds to expand the enterprise. |
Also Know: What is the process and requirement of taking a loan from Mudra Bank?
It’s simple to get a mudra loan at a low-interest rate. You just need to follow the below-mentioned suggestions:
To apply for a Mudra loan or to check the exact interest rates, you shall need to personally contact the eligible Bank/NBFC or may visit their official websites.
The factors that affect Mudra loan interest rates are the applicant’s income, creditworthiness, nature of business, required loan amount, repayment tenure, etc.
Avail Business Loan For
All Your Needs
Mudra loans under Pradhan Mantri Mudra Yojana (PMMY) are offered by selected financial institutions from the RBI that are eligible to offer Mudra loans are as follows:
Mudra loans are collateral-free loans offered at competitive interest rates along with concessional interest rates for women entrepreneurs with Nil to nominal processing fees and foreclosure charges.
Get up to ₹1 Crore in 5 Simple Steps
Step 1: Enter your mobile number in the application form.
Step 2: Enter OTP to verify your mobile number.
Step 3: Provide your personal details.
Step 4: Select a bank account for account aggregator consent.
Step 5: Compare offers and apply for the best-suited loan.
Explore Our Business Loan Lenders
View All PartnersAvail Business Loan For
All Your Needs
Unsecured Business Loans: Lenders Notice More Than Just Your Credit Score
Secured vs. Unsecured Business Loans: Which One Should You Choose?
How to Choose the Right Business Loan
MSME – Its Meaning, Classification, Loan Schemes, Role and Importance in India
Ways To Raise Capital For Your Startup Business
6 Reasons for Your Business Loan Application Getting Rejected
Business Loan or Overdraft – Which is Better?
Types of Business Loans in India
5 Best Business Loan Schemes for Women Entrepreneurs
6 Business Ideas to Make Money Fast
Business loan complex hotta h
Business loan liya tha, interest acha mila
Uncle ne bataya tha Paisabazaar ke baare mai
Boutique ke liye small loan liya tha
Loan approval ke chances dikhate h
Advisors bohot ache the
Trusting platform
Chote business ke liye bhi loan mila
Quick and easy steps
Good Loan Mila
Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners
*Applicable for selected customers
Check Best Business Loan Offers
with Quick Disbursal
