Mudra loan
Working capital, machinery and growth finance for MSMEs, traders and companies, with or without collateral.
- Rates from
- 11.00%
- Amount
- Up to ₹50 lakh
- Tenure
- 1 – 7 years
- Our charges
- Told upfront
Good for
- Working capital
- Inventory
- Machinery and equipment
- A new branch or outlet
- Bridging delayed payments
How we help
Business lending depends on how a lender reads your books. Some banks favour manufacturers, others traders or service firms; some lend on GST returns alone. We match you to lenders with an appetite for your sector and size.
We also help you present a clean, bankable file: financials, bank statements and GST returns that tell a consistent story, which is often the difference between a sanction and a rejection.
Who can apply
- Business running for at least 2 to 3 years, with returns filed
- Proprietorship, partnership, LLP or private limited company
- Minimum annual turnover as set by the lender, often ₹40 lakh or more
- Applicant aged 24 to 65 with a satisfactory credit history
Documents to keep ready
- Business registration or GST certificate
- ITRs with computation and audited financials for 2 to 3 years
- Current-account statements for the last 12 months
- PAN and Aadhaar of the proprietor, partners or directors
- Proof of business address and continuity
Criteria are indicative. The lender makes the final decision on eligibility, rate and amount under its own credit policy.
Estimate your EMI
Your Mudra loan
Indicative. Your final rate depends on the lender and your credit profile.
Common questions
Do I need collateral?
Not always. Many lenders offer Mudra loans without collateral, depending on the amount and your profile. Larger amounts or lower rates may need property as security or cover under a government credit guarantee scheme.
My turnover is below ₹40 lakh. Can I still apply?
Yes. Some NBFCs and small finance banks lend to smaller businesses based on GST returns and bank statements.
From a borrower
My business needed working capital fast. They helped me put together a clean file and matched me with a lender who understood my sector. The sanction came through after two other agents had failed.
