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:
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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
- Allahabad Bank
- Bank of india
- Corporation Bank
- ICICI Bank
- j&k bank
- Punjab And Sind Bank
- Syndicate Bank
- Union Bank of India
- Andhra Bank
- Bank Of Maharashtra
- Dena Bank
- IDBI Bank
- Karnataka Bank
- Punjab National Bank
- Tamil Nadu Mersatile Bank
- Axis Bank
- Canara Bank
- federal bank
- Indian Bank
- Kotak Mahindra Bank
- Saraswat Bank
- UCO Bank
- Bank Of Baroda
- Central Bank Of India
- HDFC bank
- Indian Overseas Bank
- Oriental Bank of Commerce
- State Bank Of India
- Union Bank of India