ICICI Bank Mudra Loan
Page Contents
- 1 ICICI Bank Mudra Loan Scheme
- 2 could be availed for the following
- 3 Documents Required for Pradhan Mantri Mudra Yojana
- 4 ✅ Is ICICI Bank providing Mudra Loan?
- 5 ✅ Which ICICI Bank branch is providing Mudra Loan?
- 6 ✅ How Can I apply for a Mudra loan in ICICI Bank?
- 7 ✅ What is the interest rate of a Mudra Loan?
- 8 ✅ Is ICICI Bank Mudra Loan is available online?
- 9 ✅ Am I eligible for an ICICI bank Mudra Loan?
- 10 ✅ Is a Bank account mandatory in ICICI Bank for a loan?
- 11 ✅ What is ICICI Bank Digital Rupee App e₹?
ICICI Bank Mudra Loan
ICICI Bank Mudra Loan Scheme
ICICI bank has also launched an ICICI Bank Online Scheme and under that scheme, you can apply for e mudra loan online. It is free with a low-interest rate.
Micro Units Development & Refinance Agency Ltd. (MUDRA) is a new institution set up by the Government of India to provide funding to the non-corporate, non-farm sector income-generating activities of micro and small enterprises whose credit needs are below ₹10 Lakh.
Under the aegis of Pradhan Mantri MUDRA Yojana (PMMY), MUDRA has created three products i.e. ‘Shishu’, ‘Kishore’ and ‘Tarun’ as per the stage of growth and funding needs of the beneficiary micro unit. These schemes cover loan amounts as below:
- Shishu: covering loans up to ₹50,000
- Kishore: covering loans above ₹50,000 and up to ₹5,00,000
- Tarun: covering loans above ₹5,00,000 and up to ₹10,00,000
All Non-Corporate Small Business Segments (NCSBS) comprising of proprietorship or partnership firms running as small manufacturing units, service sector units, shopkeepers, fruits/vegetable vendors, truck operators, food-service units, repair shops, machine operators, small industries, food processors and others in rural and urban areas, are eligible for assistance under Mudra.
Bank branches would facilitate loans under the Mudra scheme as per customer requirements. Loans under this scheme are collateral-free loans.
could be availed for the following
Vehicle loan: Commercial vehicle loan, Car loan and Two-wheeler loan
Business Installment Loan (BIL): Loan for working capital requirements, buying plant and machinery, renovating offices, etc.
Business Loans Group Loans (BLG) and Rural Business Credit (RBC): We offer Drop line overdraft/Overdraft facility/Working capital loans
Documents Required for Pradhan Mantri Mudra Yojana
Vehicle Loans
- Mudra application form
- Vehicle loan application form
- 2 passport-size colour photographs
- Photo Identity proof
- Address proof
- Income proof
- Bank statement (last 6 months)
Business Installment Loan
- Mudra application form
- BIL application form
- Photo identity proof
- Address proof
- Establishment proof
- Bank statement (last 6 months)
- Ownership proof of residence/office
- Proof of continuity of business
- Proof of qualification
- Trade references
Business Loans Group and Rural Business Credit
- Mudra application Form
- BIL/RBC application form
- Photo identity and age proof
- Address proof
- Ownership proof of residence/office
- Business vintage proof
- Bank statement (last 12 months)
- Income tax return (last 2 years)
ICICI bank is not providing any online faculty to get mudra loans like SBI emudra online. You have to visit a bank branch for a mudra loan. You can download ICICI bank mudra loan form online. Click here to download .
Click here to get an ICICI Bank Home loan online
Courtesy:- ICICI Bank
