PNB E Mudra Loan Online Apply 2025: Punjab National Bank is offering PNB Mudra loan to their customers to get a loan amount for up to 20 lakh rupees. Eligible entrepreneurs in the country can boost their business by applying in the Mudra loan provided by the Punjab National Bank. Since it is a Government sponsored program, so the bank is charging minimum interest which are starting with 9.40% for the Mudra loan program. If you also want to get a business loan with minimum interest then can check the detailed information of the Punjab National Bank Mudra loan program 2025 in this article where you will know the eligibility criteria, application procedure, features of the program, interest rates etc.
PNB E Mudra Loan Online Apply 2025
The Mudra loan program is government sponsored scheme where PNB is participating to implement the program by providing a loan amount between 50000 to Rs 20 Lakh according to the eligibility of the applicant. It is the part of MSME program so all the business holders who are registered with the MSME and working on their business project under the government guidelines can get financial assistance to upscale their business under the program. The program was limited to the 10 lakh rupees maximum amount at the initial stage but after announcement of the budget in 2024, finance minister increased limits for the applicants from 10 lakh rupees to maximum 20 lakh rupees.
Features of PNB E Mudra Loan Online Apply 2025
- The loan is divided into 3 categories where applicants who want financial assistance for small expenses can apply Under The Shishu Mudra loan for maximum 50000 rupees amount.
- If you need the help for maximum 5 lakh Rupees then can apply for PNB Kishore Mudra loan program in 2025.
- Now candidates who want to get the maximum benefits of the program can apply in the Tarun Mudra loan where they can apply for maximum Rs 10 lakh. if they repay the loan amount within the time, then bank will extend the loan limits for them from 10 lakh to maximum 20 lakh.
- The bank is offering e Mudra loan feature to those who want to get instant loan for a short amount of maximum Rs 1 lakh. so if you apply in this for and then can instantly get approval and will get your payment in bank account directly within few minutes.
PNB Mudra loan interest rates
The interest rates are decided by the bank rules and revision in the program. The government revise Repo rates time to time for banks where currently candidates are required to pay a minimum interest of 9.25% RLLR for Rs 100000 loan program. However if you extend your amount then the interest will automatically increase. As per the reports the maximum interest for 20 lakhs are starting with 10.65% annually. But if you fail to provide complete documentation and do not satisfy the bank representative then they can increase the loan interest accordingly.
PNB E Mudra Loan tenure
The bank is inviting Candidates for Mudra loan for maximum 7 years for the loan amount of 20 lakh. However if you are applying in e mudra loan for 1 lakh then you need to pay the amount in next 5 years to the bank. If you want to pay the whole amount at one time then can also return it after completing the 3 month moratorium period.
PNB E Mudra Loan Online Apply 2025 Eligibility criteria
- Existing Bank users of Punjab National Bank are able to apply in Mudra loan programs.
- The minimum age of the applicant should be at least 18 years old while applying for the loan and should not be more than 60 years old.
- The applicant should be registered with the udyam portal of the Government of India and have MSME registration too..
- The company will evaluate the cibil score of the applicant which should be more than 700 with the savings account and if you are using the current account then can apply with new CIBIL score or more than 700.
Important documentation
The documentation is very important in Punjab National Bank to get approval in your loan application where you need to prepare the following documents in soft copy and sets of photocopies.
- Passport size latest photograph
- Duly filled application form
- Punjab National bank passbook
- Aadhar card of the applicant
- MSME registration certificate.
- Udyam registration certificate.
- Address proof of the applicant
- Balance sheet of the company for last one year
How to Apply for PNB E Mudra Loan 2025?
Citizens can apply for PNB Mudra loan if they fulfill the above eligibility and documentation to extend their business throughout the country and the world with financial assistance from the government.
- If you need a minimum amount of up to 1 lakh then can instantly apply through online mode by visit on the official website of Punjab National Bank https://www.pnbindia.in/e-Mudra
- Now you need to search for the Mudra loan under the MSME program and click on the apply now link
- The bank will ask you to enter your account number or mobile number registered with the company or if you are using online banking facilities of the Punjab National Bank then can use customer ID accordingly
- Now your details will automatically open on the screen and you need to verify the loan amount according to the need.
- Upload your documents in PDF with a clear image so the representative will verify them and make a decision to accept or reject the application form.
Now you need to complete your application by entering the final OTP in your application form and after that have to wait for few minutes to check the decision from the company. If the amount is approved then you will get the complete amount in bank account directly.