Mudra Loan Bank List 2022: Eligibility & Documents

mudra loan bank list 2021

Mudra Loan Bank List 2022: The Government of India is operating the Pradhan Mantri Mudra Loan Scheme to promote small and medium-sized industries of the country and meet their financial needs.

The main objective of implementing this scheme is to provide loans to the citizens of the country at a reasonable interest rate. So that any citizen can start his own business and become independent.

Under the Mudra Loan Scheme, a loan of up to ₹ 10 lakh is provided by the Government of India.

Government-run Mudra Loans are available in three types

  • Shishu Loan
  • Kishor Loan
  • Tarun Loan.

Any citizen can get the benefit of this scheme according to his need.

In this post we will provide information about Mudra Loan Bank List of 2022 and about mudra loan eligibility to apply online & required documents.

Eligibility to Apply Mudra Loan

The Government of India providing Mudra Loans to help small business owners to meet their capital needs and operating costs through easy finance schemes.

Anyone who belongs to small business enterprise, can eligible to apply for a Mudra Loan.

The following criteria id for Mudra Loan Eligibility:

  • The applicant’s age must be 18 years and the maximum age limit is set to 65 years.
  • Loans can be availed by non-farm income-generating businesses in trading, manufacturing and services.
  • The requirement of credit must be ₹ 10 Lakh or lower.
  • Entities must be engaged in allied agriculture services since 1st April 2016.

Documents Required

If you want to apply for Pradhan Mantri Mudra Loan Yojana in any bank. Then you will need some necessary documents mentioned below.

  • Identity Proof – Voter ID, Driving License, PAN Card, Aadhar Card, Passport
  • Caste certificate (if any)
  • Certificate of business
  • Bank account statement if you are an existing customer of that bank.
  • Business Project Report
  • Photo

Also Read:

PM Kisan Credit Card Scheme – Apply Online
Udyam Registration Process, Benefits, Documents
How to Open Union Bank Account Online With Zero Balance

Banks and Institutions Offering PM Mudra Loan Scheme

Almost all banks in India provide loans to citizens under the Mudra scheme. Loans can be obtained from the following banks under the PM Mudra Loan Scheme –

  • 27 Public Bank
  • 17 private banks
  • 31 Regional Rural Banks
  • 4 co-operative banks
  • 36 microfinance institutions
  • 25 Non-Banking Financial Institution

Mudra Loan Bank List of 2022

  1. Allahabad Bank
  2. Bank of india
  3. Corporation Bank
  4. ICICI Bank
  5. j&k bank
  6. Punjab And Sind Bank
  7. Syndicate Bank
  8. Union Bank of India
  9. Andhra Bank
  10. Bank Of Maharashtra
  11. Dena Bank
  12. IDBI Bank
  13. Karnataka Bank
  14. Punjab National Bank
  15. Tamil Nadu Mersatile Bank
  16. Axis Bank
  17. Canara Bank
  18. federal bank
  19. Indian Bank
  20. Kotak Mahindra Bank
  21. Saraswat Bank
  22. UCO Bank
  23. Bank Of Baroda
  24. Central Bank Of India
  25. HDFC bank
  26. Indian Overseas Bank
  27. Oriental Bank of Commerce
  28. State Bank Of India
  29. Union Bank of India

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