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Mudra Loan


Mudra Loan

MUDRA stands for Micro Units Development & Refinance Agency Ltd. Mudra Loan facility was introduced wide Pradhan Mantri Mudra Yojana with an objective of development and growth of minor business units. It meets the funding requirements of start-ups, non-corporates, non-farm, small, medium and micro enterprises. Quick loan disbursements and absence of security requirement fine tunes the Mudra credit experience.

At E-tax, we advance excellent support to prospective borrowers seeking mudra loan facility. We enable facilitation of Mudra Loans through commercial banks, regional rural banks, small finance banks, micro finance institutions and non-banking finance institutions. Our efficient techniques of data collection and analysis is what keeps us at par with our clients.

Purpose of Mudra Loan

Mudra loan is extended for a variety of purposes such as:

  • Business Loan for Vendors, Traders and Shopkeepers
  • Commercial Finance for Community, Social & Personal Service Providers
  • Loan for agriculture allied non-farm activities
  • Working Capital Loan through MUDRA Cards
  • Equipment Finance for Micro Units
  • Vehicle Loan for purchase of Transportation Vehicles for commercial purposes
  • Commercial Loans for activities in relation to food products and textile products

Pre-requisite Documents for Mudra Loan
  • Self-written Business Plan
  • Registrations, Licenses or Certificates, if any
  • 2 recent Passport-sized photographs of the Applicant and Co-applicants
  • KYC documents of Applicant and Co-applicants
  • Identity Proof (Aadhaar, Voter’s ID, Passport, Driving License, etc.)
  • Residence Proof (Aadhaar, Voter’s ID, Passport, Telephone Bill, Bank Statement, etc.)
  • Income Proof (ITR, GST return, Licenses, Registrations, etc, if any)
  • Special Category Proof (SC, ST, OBC, Minority, etc., if applicable)
  • Proof of Business Address and Tenure

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