How to apply for PM Mudra Yojana loan online in 2025. Eligibility, documents, which bank to approach, and how long it takes.
About this scheme
PM Mudra Yojana — Business Loan up to ₹20 Lakh
✅ Collateral-free loan ₹50,000 to ₹20 lakh at low interest
Full Scheme Details →The PM Mudra Yojana loan has helped over 57 crore small businesses since 2015. In 2025, you can apply online for loans from ₹50,000 (Shishu) to ₹20 lakh (Tarun) without any collateral.
Which Mudra Loan Category is Right for You?
- Shishu: Up to ₹50,000 � for new businesses just starting out
- Kishore: ₹50,001 to ₹5 lakh � for businesses that have started but need funds to grow
- Tarun: ₹5 lakh to ₹20 lakh � for established businesses that need larger capital
How to Apply for Mudra Loan Online in 2025
- Visit udyamimitra.in (the official Mudra loan portal)
- Click "Apply Now" under the relevant loan category
- Register with your Aadhaar-linked mobile number
- Fill in business details and loan amount required
- Upload documents (Aadhaar, PAN, bank statement, business proof)
- Submit � a bank will contact you within 7 days
Alternatively, walk into any public sector bank branch (SBI, PNB, Bank of Baroda) or private bank and ask for a Mudra loan application form.
Documents Required for Mudra Loan
- Aadhaar Card and PAN Card
- Last 6 months bank statement
- Business registration / GST certificate (if applicable)
- Passport size photographs
- Quotation of machinery/equipment (for equipment loans)
How Long Does Mudra Loan Approval Take?
Typically 7 to 14 working days after complete document submission. PSU banks generally take longer than private banks. The entire process can be done online via udyamimitra.in.
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