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Mudra Loans are given to Proprietorship firms/partnership firms across the spectrum and the maximum loan sanctioned is Rs.10 Lac. This is a refinancing scheme and will be disbursed through banking channels. The policy states that there will be higher priority for smaller loans (<50000) than to the loan amounts greater than Rs.50,000. The target seg...
Wazzeer Professional Network
ProfessionalRegistering startup and apply for Mudra Loan
We are running startup of art & craft. Now we want business loan like Mudra loan. We have not registered our startup nor applied for udyog aadhar. Please help us on how we can proceed further.
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Wazzeer Professional Network
ProfessionalMudra Loans are given to Proprietorship firms/partnership firms across the spectrum and the maximum loan sanctioned is Rs.10 Lac. This is a refinancing scheme and will be disbursed through banking channels. The policy states that there will be higher priority for smaller loans (<50000) than to the loan amounts greater than Rs.50,000. The target segment for the loans are small manufacturing units, service sector units, shopkeepers, fruits / vegetable vendors, truck operators, food-service units, repair shops, machine operators, small industries, artisans, food processors and others, in rural and urban areas. Though it is beneficial to go for Udyog Aadhaar it is not a prerequisite to get the Mudra Loan
over 4 years ago
View answer
Registering startup and apply for Mudra Loan
We are running startup of art & craft. Now we want business loan like Mudra loan. We have not registered our startup nor applied for udyog aadhar. Please help us on how we can proceed further.
-
Wazzeer Professional Network
ProfessionalMudra Loans are given to Proprietorship firms/partnership firms across the spectrum and the maximum loan sanctioned is Rs.10 Lac. This is a refinancing scheme and will be disbursed through banking channels. The policy states that there will be higher priority for smaller loans (<50000) than to the loan amounts greater than Rs.50,000. The target segment for the loans are small manufacturing units, service sector units, shopkeepers, fruits / vegetable vendors, truck operators, food-service units, repair shops, machine operators, small industries, artisans, food processors and others, in rural and urban areas. Though it is beneficial to go for Udyog Aadhaar it is not a prerequisite to get the Mudra Loan
over 4 years ago
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