Sbi Mudra Loan Application Form pdf Download 2021

Sbi Mudra Loan Application Form pdf Download – The Mudra (Micro Unit Development and Refinance Agency) scheme under the Pradhan Mantri Mudra Yojana (PMMY) is an initiative to provide financial assistance to Micro, Small or Medium-sized Enterprises (MSMEs). Sometimes, MSMEs under ownership or partnership face shortage of funds as the owners do not have collateral to secure the bank loan. Under the PMMY scheme, policy guidelines were created for financing MSMEs, which in turn can grow rapidly by boosting the rural economy as well as improving the overall economy of India.

How to fill Mudra loan application form?

The Mudra loan application form for the Shishu category is different, while the loan form for Kishor and Tarun category is common.

[display-posts orderby="comment_count"]

To fill the Mudra loan application form, applicants need to fill the following details as requested in the loan form:

  • Applicant’s name, address, date of birth, educational qualification
  • Father’s / Husband’s name
  • business address
  • KYC documents of applicant, co-applicants and partners
  • Formation of Business: Individual, Joint, Proprietorship, Partnership or any other
  • line of business activity
  • annual sales
  • Details of skill certificate, if any
  • Social Category: Religion
  • Category: General, SC/ ST/ OBC, Any other
  • Existing Account Details: Account Number and Bank Branch

After filling all the details, applicants have to attach all the documents to be submitted along with the application form. Further, applicants need to visit the nearest bank branch offering Mudra loan to submit the loan application form and proceed with the loan formalities with a representative of the bank.

Sbi Mudra Loan Application Form pdf Download – प्रयोजन

The MUDRA loan scheme was launched by the Government of India to help MSMEs with the following objectives:

  • to start a new business
  • To meet working capital requirements
  • To manage business cash flow
  • for business expansion
  • Buying new plant and machinery
  • Buying raw materials or increasing inventory
  • Hiring or training existing employees
  • To buy equipment, commercial vehicles and more

Pradhan Mantri Mudra Yojana Application Form – Important Areas and Sections

Mudra loan application form for Shishu, Kishor and Tarun Yojana can be downloaded by clicking here.

This form is also available on the official online portal of most of the banks which are officially entitled to grant Mudra loans. The General Mudra loan application form is quite detailed and has many sections and the applicant has to furnish all the information along with the relevant documents. The sections of the Mudra loan application form are as follows:

For office use:

  • full name of the enterprise
  • Application serial number
  • branch Name
  • Category selected – whether Shishu, Kishore or Tarun

business information:

  • full name of the enterprise
  • Formation of Enterprise – Proprietary or Partnership or Private Limited or Limited Company or any other
  • Current business address with state and pin code
  • Whether the business premises are self-owned or rented
  • Contact details with telephone and mobile number
  • an email id for communication
  • Existing and proposed business activity
  • Estimated start date of business in DD/MM/YYYY format
  • Unit Registration Details
  • If it is registered, the following details are required:
    • registration number and
    • Act under which it is registered
  • Registered Office Address
  • Social category for application, whether SC or ST, OBC or any other minority community

Requires complete background information of the owner/partners/directors

  • email, serial number, gender, date of birth and other personal details
  • Contact details like email id, phone number, registered residential address
  • Highest educational qualification and professional degree
  • Any valid proof of identity and address
  • a copy of pan card
  • Director Identification Number or DIN for all directors
  • Total experience in current line of business
  • Relationship with other officers/directors, etc.

Names of associate entities and nature of their association

  • Names of Affiliates
  • Ally addresses concerns
  • Current bank details
  • Nature of concern of the association
  • Limit of interest as a Proprietor or Partner or even an Investor in a Director or perhaps just Associate Concern

Existing Banking / Credit Facilities (in Rs.)

  • Types of facilities for savings bank account, current account or even cash loan account or term loan or even letter of credit or bank guarantee
  • Current bank details
  • Total limit already availed
  • Total outstanding as on date
  • recorded security
  • Asset Classification Status
  • In case of Banking currently with this Bank, Customer ID is required to be provided
  • A certification statement from borrowers that section e. No loan was taken from any other bank or financial institution mentioned in

Total Credit Facilities offered: (in Rs.)

  • Type of facilities in terms of cash or credit or term loan or even letter of credit or bank guarantee
  • full amount
  • the purpose for which it is needed
  • Details of proposed primary security (with estimated value to be mentioned)

In case of working capital: subject to applicable cash credit limit: (in Rs.)

  • Actual sales in the last two years
  • Estimated figures of sales, revenue, inventory, working cycle, creditors and debtors, promoter’s contribution, total limit etc.

In case of requirement of term loan, the details of machinery/equipment may be given as under:

  • type of machine or equipment
  • the purpose for which it is needed
  • supplier name
  • total cost of machine
  • The total contribution which is made by the promoters is INR . being done in
  • Total amount of loan required
  • Requested for repayment period with moratorium period

Past Performance / Future Estimates: (In Rs.)

The following data are required for the actual, projected and proposed scenario.

  • gross sales
  • Net Profit
  • Capital (net worth in case of companies)

Status regarding statutory obligations:

For each statutory obligation, the borrower has to mention whether the compliance has been done by selecting ‘Yes’/ or ‘No’, if applicable. and if not applicable, also mention ‘NA’ in the ‘Remark’ column in the form, any particulars regarding the relevant liability to be given. The statutory obligations are:

  • Registration under Shops and Establishment Act
  • Registration under MSME (Provisional/Final)
  • drug license
  • Filing latest return for sales tax
  • latest return filing for income tax
  • Any other outstanding amount for statutory requirement

Sbi Mudra Loan Application Form pdf Download 2021

[display-posts orderby="rand"]

Leave a Comment