SBI E Mudra Loan: If you want to start a small business (Business Opportunity) and you need money immediately, then SBI Bank (SBI Bank) can help you. Actually, SBI is running the SBI Loan Scheme scheme. People who have a savings account or current account in the State Bank can take an e-Mudra loan of up to Rs 50,000 from SBI.
The best thing about e-Mudra loan is that you do not need to go to a bank branch. You can apply online for the Apply for SBI Loan. Customers do not need any type of document for this. You can take an e-Mudra loan of up to Rs 50,000 in just 3 minutes.
Who will get a loan
e-MUDRA loan is given only to small entrepreneurs. For this, SBI bank should be at least 6 months old or a savings account. The maximum duration of the e-Mudra loan is 5 years, but if you want to take a loan of more than Rs 50,000, you can go to the bank branch and complete the necessary procedures. You must also provide documentation and business information. Under e-Mudra loan, small traders can avail loans up to Rs 1 lakh, but there will be no need for these documents.
Keep these documents ready
Before applying for e-Mudra loan above Rs 50,000, prepare your savings account or current account number and branch branch details. In addition, a certificate is required for any business you are running. Aadhaar number should be linked to your bank account. In addition, the bank has to show the GSTN number and business registration document along with the proof of shop or business. Also, if you come from reserved category, keep the caste certificate ready.