Documents for taking a State Bank of India Mudra loan

By | November 6, 2019

E-Mudra loan facility of State Bank of India was started for people who are unable to start their own start-up or business due to lack of money. This facility will also benefit the students and women will also be able to get help due to this loan. This loan will be given by the government and will be able to take it only from government banks, in which banks like SBI are the main ones.

Documents to be attached along with the form for taking a Mudra loan

Two photos proof of identification

You can submit a photocopy of one of these documents as your own identity document. You will also have to sign your photo copy of the papers. Voter ID card, driving license, PAN card, Aadhaar card, passport etc.

Proof of residence

As a proof of your address, you can submit a photocopy of one of these papers.
Telephone bill, electricity bill, property tax receipt, voter ID card, Aadhaar card, passport, three-month statement of bank passbook etc.

Reserved class certificate

Photocopy of his certificate if you come from SC / ST, OBC etc.

Business identity and address proof

You have to submit license, registration certificate or any other document related to your business. This is a proof that you are the owner of that business.

Quotation: for the supply of machinery or goods

If you are taking a Mudra loan to increase business, then in this quotation you can show the cost of purchasing goods or machinery etc.

Name of the supplier, description of machine or goods

To increase business, you need machines or raw materials etc. In such a situation, with whom you are buying goods and at what price, the bank will also have to tell about this.

Take care

We are giving you all this information according to the checklist printed in the Pradhan Mantri Mudra Yojana form. In normal situations, the same documents are submitted along with the application form for Mudra loan.

Many times, the lending bank or financial institution can change the list of documents required according to the needs of the area or business.

You can contact your nearest bank branch for information about the documents required to take a Mudra loan.

 

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