SBI E Mudra Loan Scheme – Eligibility | Interest Rate | Application Form (

About SBI E Mudra Loan Scheme

The SBI Mudra Loan Scheme is the Term loan given to the individuals belonging to the trading sector, Small and Medium-sized Enterprises (SMEs), and also to those who engage in the agricultural activities. The loan is given for Modernisation, business capital, and expansion.  The loan of Rs.50,000 to Rs. 10,00,000 is offered under this scheme. The SBI provides the Mudra loan with less processing fees and easy repayment options.

If we talk about especially SBI E Mudra Loan Scheme, in this individual can directly apply for the loan via online mode only. The “” is the online portal through which anyone can apply for the loan via online mode. It may be noted that applying individuals must have an age between 18 and 60 years.

Note: To apply for the said scheme, an individual must have saving or current accounts in any of the SBI branches, and such an account must be active for a minimum of 6 months (180 Days).

Here through this article, you will get the complete and detailed information related to the SBI E Mudra Loan Scheme. The eligibility details, information related to interest rate, applying procedure, and other crucial details related to the scheme have been provided here. Have a glance

Details Of About SBI E Mudra Loan Scheme

Nature of LoanTerm and working capital loan
Purpose For The LoanTo Modernisation, for expansion and for the business capital
Target grouptrading sector, Small and Medium-sized Enterprises (SMEs), agricultural activities
Loan AmountShishu- Up to Rs. 50000 Kishor- Rs. 50000 – Rs. 5,00,000 Tarun- Rs. 5 lakh – Rs. 10,00,000
Repayment period Of Loan03 -05 years
Collateral securityNo collateral required
Eligibility criteriaCheck Below
Apply Online

Eligibility criteria

Age Limit-

Minimum Age- 18 Years

Maximum Age- 60 Years

The applying individuals must have a saving/current account in any of the SBI branch, and such an account must be opened at least six months before applying for the loan.  

Details of Pradhan Mantri Mudra Yojana scheme:

Types of SBI Mudra Loan-

  • Shishu Loan
  • Kishor Loan
  • Tarun Loan

MUDRA Yojana Loan Amount-

  • Shishu- Up to Rs. 50000
  • Kishor- Rs. 50000 – Rs. 5,00,000
  • Tarun- Rs. 5 lakh – Rs. 10,00,000

Loan Tenure-

The loan period is of 03 years to 05 years (moratorium period of up to 6 months may be offered)

Processing fee-

  • For Shishu and Kishore- Nil
  • For Tarun- 0.5%

Additional Benefits-

Daily Cash withdrawal limits10,00015,00020,000
Daily POS Limit15,00025,00030,000

Who Can Apply For SBI E Mudra Loan Scheme?

  • All the Indian National having require eligibility are eligible to apply.
  • The person engaged in the manufacturing business can apply
  • A person belonging to the trading and services sector are eligible
  • Individuals who engage in agricultural activities can also apply.

Documents Require To Apply For SBI E Mudra Loan Scheme:

Before applying for the said scheme must ensure to arrange the stated documents as at the time of filling the application form, you will ask to provide the details of the provided documents.

  • Proof of Address
  • Pan card
  • Passport size Photographs of a person
  • Business identity proof and address proof
  • The income statement of 6 months
  • Details of the Savings/Current Account
  • Important Documents of the Business (Name, Start date & Address)
  • UIDAI- Aadhar Number (it must be linked with your A/c Number).
  • Category details (General/SC/ST/ OBC/ Minority)
  • GSTN & UDYOG Aadhar
  • Proof of Shop & and all the supporting documents related to it.

Procedure To Apply For The SBI E Mudra Loan Scheme:

  • Open the official portal that is
  • Now the “Proceed” button will be visible to you press the same.
  • The page like shown below will be opened
  • Read the details in Hindi or English as per your suitability and press the “OK” button to proceed further.
  • After that, you will get another page as shown below.
  • Now you are required to enter the “Mobile Number” and have to verify the same by “OTP.”
  • After that, you have to enter the “SBI Saving/Current account number” and the required loan amount in the given fields.
  • Thereafter, you will be asked to enter the basic details like Proof of Business (Name, Start date & Address), UIDAI- Aadhar Number, Community details, etc.
  • Fill all the details and after filling the details, recheck it, and ensure that it is correct in all manner.
  • Finally, Press the submit button for the SBI E Mudra Loan Scheme, and your application has been submitted.
Munendra Singh

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