SBI E Mudra Loan Online Apply 2025: Various types of loan schemes are being operated by the government to eliminate the problem of unemployment across the country. In such a situation, if you also want to take a loan to open your business or to carry forward your small scale business, then today’s article can prove to be very beneficial for you. Today we are going to obtain detailed information about the SBI e Mudra loan. We will tell you today how SBI e Mudra loan scheme provides you a loan of ₹ 50000 to ₹ 1 lakh in just 1 minute. How is this loan transferred to your account immediately without a documentation process?
State Bank of India is one of the leading banks in India. This bank provides the benefits of various types of financial products to citizens. All those citizens who want to start their own business can now get SBI E Mudra loan from State Bank of India. SBI has so far helped people in starting thousands of small scale industries and micro industries. Under this loan scheme, the State Bank of India provides a loan without a guarantor ranging from ₹ 50000 to ₹ 100000. This loan is transferred to the applicant’s account in a fraction of a minute. At the same time, loans of more than 1 lakh rupees are also transferred without guarantee where the application process can vary slightly.
SBI E Mudra Loan Online Apply 2025
The State Bank of India is operating the SBI eMudra loan scheme under the Pradhan Mantri Mudra Loan Scheme. The Prime Minister’s mudra loan is being provided by the State Bank of India through which financial assistance is provided to micro and small businesses. Such unemployed candidates who want to start their own small scale industries can apply for a loan under this e mudra loan scheme and get EMudhra loan ranging from 50000 to ₹ 100000.
Types of SBI E Mudra Loan
Under the Pradhan Mantri Mudra Loan Scheme, loans are distributed on the basis of need, in which a loan of minimum ₹ 50000 to maximum of Rs 20 lakh is given. Let us tell you that till now only 10 lakh rupees were given as maximum loans in the Pradhan Mantri E Mudra Loan Scheme, but under the cabinet budget of 2025, this amount has been increased to 20 lakh rupees. That is, now under the Pradhan Mantri E Mudra Loan Scheme, applicants can get three types of separate loans which are as follows.
Shishu loan: Under the infant loan scheme, applicants can get a loan of up to ₹ 50000, which does not require any guarantee or documentation.
Kishor Loan Scheme: Applicants in kishor loan schemes can get loans ranging from 50000 to ₹ 500000. This is also a loan without guarantor, although a physical appearance is necessary for a loan of more than ₹ 1,00,000.
Tarun Loan Scheme: This loan scheme ranging from 5 lakh to 20 lakh rupees is also completed quickly for which documentation process and physical presence is necessary.
SBI E Mudra Loan Scheme Eligibility Criteria
Applicant has to check the following eligibility criteria to avail SBI e Mudra Yojana benefits
- The minimum age of application to avail this loan has been fixed at 18 years and maximum age is 65 years.
- All applications that want to start their own micro or small scale industries can complete the application process for this loan.
- This loan will be given only to the account holders whose account has been in SBI for the last 6 months.
SBI E Mudra Loan Benefits
Applicants are getting the following benefits under SBI Mudra Bank Ke Labh SBI Mudra Loan Scheme
- Under this loan scheme, quick benefits are provided to the applicants.
- Under this loan scheme, the application up to ₹ 50000 is able to get any documentation process and guarantee.
- SBI Mudra loan does not require any collateral mortgage.
- These loans are able to easily get small scale industries or micro industries.
- The interest rate of SBI Mudra Loan Scheme has also been kept much cheaper than the markets.
- Under this loan scheme, the applicant is given a time of up to 5 years to pay the loan, in which 6 months additional period is also provided.
- The most important thing about this loan is that for this loan, the applicant does not have to pay any processing fees or hidden charge.
- Only kyc documents are needed for getting benefits of this loan. No need to go through the tedious documentation process.
SBI E Mudra Loan Application Process
In order to get a loan ranging from ₹ 50000 to ₹ 1 lakh in SBI e Mudra Yojana, the applicant will have to undergo the following phase process.
- First of all, the applicant will have to visit the official website of SBI to avail the SBI Mudra loan scheme.
- On the homepage of the official website, the application has to be clicked on the e -mudra loan.
- After clicking on the page of E Mudra Loan, the application form of loan comes in front of the applicant, the applicant will have to fill this application form carefully and upload KYC documents.
- After uploading the necessary documents, the applicant will have to submit the application form of this loan.
- As soon as the application form is received, immediate review is done by the bank and an amount up to ₹ 50000 is immediately transferred to the applicant’s account.
- However, to receive an amount of more than ₹ 50000, the applicant has to register physically and complete the verification process, in which the loan amount above ₹ 50000 is transferred to the applicant’s account within 24 hours to 48 hours.
Conclusion
In this way all the applicants who want to start their small business and want to open any kind of small scale or startup can avail the benefit of Prime Minister SBI e mudra Loan Scheme and get a loan up to ₹ 50000 without any guarantee and documentation. For more information, the applicants are requested to be Visit on the nearest SBI branch and get a detailed description about it.