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E Mudra Loan Apply 2024: The State Bank of India is offering e Mudra loan 2024 to their customers where you can get an instant loan of 50000 in your bank account without visiting the branch. So if you need an Instant loan amount then you can check this article where we will discuss with you the step-by-step procedure to apply online or for SBI E Mudra Loan Apply 2024 including the eligibility criteria application procedure, interest rates, EMI, etc. 

The Mudra loan is prepared for those individuals who want to start a new business but do not have financial assistance to execute their idea in the business. If you are one of them and looking for a good company for a bank that provides quick loan approval for your business then you can learn about the Mudra loan scheme in SBI. There are three types of loan available in SBI E Mudra Loan Apply 2024 including Shishu Mudra loan which is also known as E Mudra loan where you can get a maximum loan amount of 50000 rupees, If you need more amount then you can apply for an SBI Kishore Mudra loan where you can get the maximum amount of 5 lakh rupees however if you need the maximum amount of 10 lahks then you can apply for SBI Tarun Mudra loan scheme where you will eligible to get the maximum loan to start new business.

However the Kishore Mudra loan and Tarun Mudra loan are available through offline mode where you have to visit the branch, but Shishu Mudra loan is available through online mode where you can get 50000 instant by applying through online mode. E Mudra Loan Apply 2024 Beneficiaries get the opportunity to repay this amount for 12 months to 36 months according to their capacity while the bank is offering a maximum EMI of 72 months for the maximum loan amount.

SBI E Mudra Loan Apply 2024 eligibility criteria 

  • You should be a Indian citizen and should have a bank account in SBI
  • Your business should be registered with udyam portal of Government of India.
  • The application should have proper GST documents and registration
  • All type of MSME including vegetable vendor, Taxi Driver, toy manufacturer etc can apply the Mudra loan in SBI.
  • You should have a good turnover to repay the loan amount

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E Mudra Loan Apply 2024

However the procedure of applying SBI Mudra loan is through online mode but you have to upload the following documents and provide information of the documents through online mode on the official website of SBI:

  • Aadhar card of the applicant
  • PAN card of the applicant
  • GST registration details
  • Business registration details
  • Last year income tax return documents
  • Bank account details of the applicant
  • last 6 months bank statement

Apart from the above documents you should have a good internet connectivity and should have a smartphone where you can access the official website of SBI and apply for e-mudra loan

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E Mudra Loan Apply 2024

  • Visit to the official website of State Bank of India.
  • Now you will reach on the official website where you have to click on the business link and select the Mudra loan section
  • After that e Mudra loan will appear on your screen, once you click on the link you will be redirected on a new page
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  • Now select your language and fill the important information including your mobile number which is registered with SBI bank account and bank account number, after that enter the loan amount.
  • Once you click on the verification link you will receive OTP and after that, the new page will appear on your screen
  • Fill application form online mode including personal details, and business information, and upload all the documents in sequence

Once you submit your application, the company we will verify your details and allow the loan amount in your bank account within a few minutes, You will receive the loan amount after deduction of processing fees and additional GST on the loan. 


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