SBI e-Mudra Loans up to 50,000 rupees at home, No documents needed.
Here we come with a new IMP news on our informative blog site knowing steps360. If you want to start your business, but you do not have much money then do not worry because, under SBI's E Mudra scheme, you will get a loan easily from 50 thousand to one lakh. This is a very effective scheme for small traders. In this scheme, you can apply for a loan sitting at home without any documents.
Are you in financial trouble for the coronavirus blow? Is the business also running smoothly? So are you planning to take out a loan? However, you have an option available. State Bank of India SBI, the largest bank in the country, offers easy loans.
SBI is offering loans online to those who qualify through the e-Mudra scheme. You can apply for this loan from home. No documents are required yet. The bank offers these loans to those who want to do small business.
Easy, You Can apply online for this Loan
The e-Mudra loan is given by the bank to those starting a micro, small and medium enterprise (MSME) class of business. To take advantage of SBI's e-Mudra loan, the application must have a savings or current account with SBI. Also, the account should be at least six months old.
You can apply online for a loan of up to 50 thousand. For this, you have to visit the official website of the bank. Fill the form here and submit it. On passing the loan, a message will be sent to your registered mobile number.
You can get a loan of up to 1 lakh
For loans up to 50 thousand in the SBI e-Mudra scheme where documents will not be required. Because it will be finalized by looking at the records of the account holder. At the same time, under this scheme, you can take a loan of up to 1 lakh. However, for this,
you will have to show some documents and you have to go to the bank branch. At the time of applying, you will get your savings account or current account number, branch details, certificate of any business or business you run, Aadhaar card, caste certificate, GSTN number, and industry Aadhaar number or certificate of shop or unit Adi copy must be shown.
SBI Mudra Loan 2021 Details Requirements
Interest Rate : 8.40% to 12.35%
Loan Amount: Up to ₹ 1 Lakh
Types of SBI Mudra Loan: Shishu, Kishor & Tarun
Processing Fee & Charges: Shishu and Kishor- Nil
Tarun: 0.50% of the loan amount + taxes
Collateral Security: Nil
Nature of Credit: Working Capital & Term Loan
Repayment Period : 3 to 5 years
You Can Check Your eligibility for this Loan: https://emudra.sbi.co.in/
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