If you want to do a small business of your own and need a small loan for it, then SBI can fulfill your need. SBI is giving a loan of Rs 50,000 to small business people.
The largest bank of India is State Bank of India. The bigger the bank, the more customers it has. SBI keeps on bringing new offers and schemes from time to time for its customers. This time SBI has come up with a great scheme for its account holders, which is named E Mudra Loan Scheme. In this, you can take a loan for your business online sitting at home.
What is SBI E Mudra Scheme?
PM Modi had used the word self-reliant in his speech, after which people are now focusing on leaving their jobs and doing their own business. If you also want to do a small business of your own and need a small loan for it, then SBI can fulfill this need of yours. SBI is giving a loan of Rs 50,000 to small business people.
Who can take SBI E Mudra Loan?
If you want to take SBI e Mudra loan then you have to fulfill two conditions. First of all, you should have at least 6 months old savings or current account in SBI. Also you must be a small scale entrepreneur. If you are a street vendor, you should have the application number of PM Svanidhi portal.
Features of e-currency
- The applicant should be a small scale entrepreneur.
- The applicant should have at least 6 months old savings or current account in SBI.
- Only 50 thousand loan will be available online, for more than this, you will have to complete the formalities by visiting the SBI branch.
- The loan will be for a maximum period of 5 years.
Documents for E Mudra Loan
- Savings or Current Account Number and Branch Details
- Proof of Business (Name, Start Date and Address)
- Aadhar Number
- Caste Details
- GSTN or Udyog Aadhaar
- Establishment Certificate or Registration of Shop or Business
How to Apply for E Mudra Loan?
- If you want to apply online for e Mudra loan, then first you have to go to the webpage of SBI e Mudra. You can go by clicking on this link. ( https://emudra.sbi.co.in:8044/emudra )
- Here you will get two options. 1) Proceed for e-mudra 2) Proceed for PM SWANIDHI. You have to click on the first option.
- On clicking, you will be given the information of E Mudra loan. You will see the Ok button below, click it.
- After this you will be asked for some details. First of all, you have to enter your mobile number registered with the bank. An OTP will come on it, enter it.
- After this you will be asked to enter the Aadhar number. You will be asked if you want to share your Aadhaar details, then click on Yes. After this the option to enter the 12 digit Aadhaar number will come.
- After this you have to enter your account number which should be in SBI.
- After this you have to enter the loan amount. You can apply here for a maximum loan of Rs 50,000.
- After that click on Proceed.
- After this your loan process will be started. If the information given by you to SBI is found to be correct and you are considered eligible to take the loan then the loan amount will be transferred to your account and you will be informed.
SBI E Mudra Loan: Get loan in 3 minutes without any document, apply at home
E-Mudra Loan: SBI is giving loan of 50,000 without document
