If you have a current or saving account with SBI, then you can easily take a loan for small business. In this, you can take a loan ranging from 50 thousand to a maximum of 1 lakh rupees.
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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.
Can apply online
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 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 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 has to be shown.
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