Brief about SBI E-Mudra Loan: [Apply Online] SBI E-Mudra Loan 2022, SBI ई-मुद्रा लोन Emudhra SBI e loan 8044 Registration Online, Application Form, Eligibility, Necessary Documents, Features, Benefit and Online Check Application Status @emudra.sbi.co.in Official Website
Table of Contents
Overview of SBI E-Mudra Loan
| Scheme Name | SBI E-Mudra Loan |
| Status of Application | Active |
| Benefit of the Scheme | Loan |
SBI E-Mudra Loan 2022 Apply online 50,000 loan, Helpline Number
- SBI e-Mudra Loan: एसबीआई की ओर से उपलब्ध कराए गए लोन से मशीन की खरीदारी एवं व्यापार के विस्तार में मदद मिलेगी
- इस स्कीम में 50 हजार तक का भी लोन लिया जा सकता है, इसके लिए डॉक्यूमेंट्स की जरूरत नहीं होगी
SBI E-Mudra Loan 2022 Apply Online
- SBI E-Mudra Loan 2022 Summary – The Pradhan Mantri Mudra Yojana (PMMY) is a scheme which is controlled by SBI. Pradhan Mantri MUDRA Yojana (PMMY) was introduced by the Honourable Prime Minister on April 8, 2015, with an aim to provide credit facilities to Non-Farm MSME, Non-Corporate units with a loan amount of up to Rs.10 lakh.
- The citizens who would like to apply online for the PM e Mudra Loan will have to download official notification and read all the eligibility criteria and application process very carefully. Here in this article, we will provide all the information related to “PM e Mudra Loan 2022” like Scheme Benefit, Key Features of Scheme, Application Status, Eligibility Criteria, Application process and more. So read this article completely
Details of SBI E-Mudra Loan 2022
| Scheme Name | SBI E-Mudra Loan |
| In Language | SBI ई-मुद्रा लोन |
| Initiated By | Pradhan Mantri Mudra Yojana (PMMY) |
| Launched by | State Bank of India |
| Beneficiaries | Citizen of India |
| Major Benefit | Providing Loan |
| Objective of the Scheme | To provide loans for personal needs and business requirements |
| Scheme Category | State Government |
| Category | Central Government Schemes |
| Official Website | https://sbi.co.in/ |
Important Links
| Event | Links |
| Apply Online | Registration | Login |
| Notification | Click Here |
| SBI E-Mudra Loan 2022 | Official Website |
PM e Mudra Loan Types
Citizens who have had existing SBI savings and current account will now be able to apply online for the SBI Mudra loan online. The beneficiaries will get a loan amount of up to Rs.50,000 in the case of submitting an application on the SBI e-Mudra portal @https://emudra.sbi.co.in:8044/emudra.
- Shishu Loan – Under Shishu Loans, An amount of up to Rs 50,000 / will be provided by the bank for the Shishu Loan [Loan].
- Kishor Loan – A loan amount between Rs. 50,000 and Rs. 5 lakhs will be provided by the bank under Kishore loan
- Tarun Loan – Loan amounts above Rs 5 lakh and up to Rs 20 lakh will be provided under Tarun loan.
Pradhan Mantri Mudra Yojana scheme Detailed Information
| Loan Amount | Loan Tenure | Interest Rate | Processing Fee |
| Shishu: Up to Rs.50,000 | 3 years to 5 years (moratorium period of up to 6 months may be offered) | Linked to the MCLR | Nil for Kishore and Shishu loans; 0.50% plus tax for Tarun |
| Kishore: Between Rs.50,001 and Rs.5 lakh | |||
| Tarun: Between Rs.5,00,001 and Rs.10 lakh |
{PMMY} Mudra loan Granting Banks and Institutions
Under Pradhan Mantri Mudra Yojana (PMMY), there are 27 public sector bank loans
- 17 private sector banks will also provide the SBI Mudra loans.
- 4 Cooperatives, by 31 Regional Rural Banks
- Apart from 36 microfinance institutions
- 25 non-banking financial institutions
SBI E-Mudra Loan Application Form Online
Please enter or select through drop down menu and fill application form.
Please give your Aadhaar card Number for e-KYC through the UIDAI website (beneficiary to ensure his current Mobile Number is linked with Aadhar (For One Time Password) since e-KYC, e-Sign will be done online with the OTP authentication for processing and payment.
If the loan amount exceeds 50,000 to Rs. 1 lakhs, the applicant of PM e Mudra Loan has to visit the Branch where he is holding SBI Saving/ Current Account and should complete all the document signing formalities. Once, after completion of the formalities, you will receive an SMS on your registered mobile number starting to initiate further process. The account opening & Disbursement by revisiting e-MUDRA portal.
Important Note
- The documents uploaded by the user must be in PDF/ JPEG / PNG format, maximum size 2MB.
- The application process has to be done within 30 days after receipt of SMS of loan sanction.
Steps to apply online for the SBI E-Mudra Loan 202
Follow these steps given below, if you want to apply online for the SBI E-Mudra Loan 2022
- First of all, go to the Official Website @ https://sbi.co.in/.
- Once the home page opens, click “Proceed” button.
- After this, you have to read the instructions given in English or Hindi carefully and then click ‘’Ok’’ to move to the next page.
- On the next page, enter your mobile number, SBI savings/current account number, and required loan amount.
- Once you have entered this information, click “Proceed” button.
- An application form will open now where you have to enter all the necessary details and upload the necessary documents asked. Also, here you can select the relevant data through the dropdown menu.
- After this, you have to accept the SBI e-Mudra Terms and Conditions with an e-Sign. For this, follow these steps
- Enter your Aadhaar number in the given space.
- Click on the consent check box for using your Aadhaar to complete the e-Sign process.
- Now, you will receive an OTP on your Aadhaar registered mobile number.
- You need to enter this OTP in the designated place to finish the process
- The SBI’s e-Mudra provision makes it simpler to avail your loan sanctioned with minimal documentation and faster approvals.
Interest Rates of SBI E-Mudra Loan Scheme
Depending upon the functionalities of banks, the interest rates for Mudra Loan scheme will vary. For Mudra loan scheme, the common annual interest rate is placed at 12%, but in the event, thegovernment receives capital subsidy on the basis of its business risk, the subsidy might be linked to Mudra Loan. One thing is in common here, that is no subsidy is given by the government of India under the Mudra Scheme.
Essential Document
Required Document to Apply Online for the SBI e-Mudra
In order to apply for the SBI e-Mudra, you need to have these following documents
- Current/Savings Account number and the branch details.
- Business Proof (Name, Address and Start date)
- Aadhar card Number (UIDAI) (must be in the A/c Number )
- Community Certificate (General/SC/ST/ OBC/ Minority)
- Other information including
- GSTN & UDYOG Aadhar
- Proof of the Shop and Establishment or Registration document for any other Business (if available).
Eligibility Criteria for SBI e-Mudra
Beneficiary Guidelines
- The recipient must be in an age between 18 and 60.
- Beneficiary deposit account must have been active for minimum 6 months.
SBI E-Mudra Loan Application Rejection
The following may be the cases your, application for PM e Mudra Loan could be rejected
- For SBI E-Mudra Loan Application, the applicant may not have submitted Proper documents
- Your application may be rejected, in the case bank does not view better prospects in your project in the future.
- The application gets rejected if the applicant took any business loan before.
- The applicant is an insolvent or defaulter.
- If the applicant doesn’t fulfill the required qualifications mentioned above in the Mudra Loan.
- The applicant is not able to fulfill the required qualifications of SBI E-Mudra Loan.
Key Features of SBI E-Mudra Loan Scheme
The following are some of the key features of PM e Mudra Loan Scheme
- The SBI E-Mudra Loan getter must be a micro entrepreneur.
- The citizen must be an existing CA/SB Account holder of SBI, with minimum 6 months old.
- The Max eligible Loan amount would be Rs.1.00 Lakh
- The Maximum Loan period is about 5 Years
- The instant availability of the loan up to Rs.50,000/- will be considered based on the Bank’s eligibility norms.
- In order to avail the loan above Rs.50,000/-, the customer has to visit Branch for completing formalities.
Also Read: Shala Darpan Rajasthan 2020 [email protected] Register,Login
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