Business Loan: Now you can get a loan of Rs 10 lakh without pledging anything, know who can avail the benefit of this government scheme..

Bank Loan news: Nowadays, the need for a loan arises at the time of some financial need. If you also want to take a loan at this time, then you can take a loan of up to Rs 10 lakh without pledging anything. Some rules have also been fixed to take advantage of this loan given under the government scheme (govt loan scheme). Those who fulfill these rules and conditions (bank loan rules) can take immediate benefit by taking a loan.

These people can take advantage of this loan scheme-

Although, in today's time many people want to start a new business (business news), but due to lack of sufficient capital, they are not able to do so. For such people who want to start their own business, a scheme (PMMY) is being run by the government, in which a loan of up to Rs 10 lakh is being provided to them under the government scheme without pledging anything.

The loan is given for these works-

To make the youth self-reliant and strengthen small businesses, the government has started the Pradhan Mantri Mudra Yojana (PM Mudra Yojana). Under this scheme, loans are given for non-corporate and non-agricultural works.

Loans will be available in these categories-

Under the PM Mudra Scheme, loans are given under 3 categories. These categories include Shishu loan, Kishor loan, and Tarun loan category. A loan of up to Rs 50 thousand can be taken under the Shishu category, Rs 5 lakh in the Kishor loan category, and Rs 10 lakh in the Tarun loan category (bank loan process).

You can take a loan from here-

Under this scheme, the loan can be taken from any government or private bank (bank se loan kaise le). Apart from these, you can apply for loans from Regional Rural Bank, Small Finance Bank, and Non-Banking Financial Companies (Loans from NBFC). The limit of the loan amount is known from their name itself. Less loan amounts are available in the Shishu loan category and more loan amounts are available in the Kishor and Tarun loan categories.

These are the benefits of PM Mudra Yojana-

- This loan given under PM Mudra Yojana is a collateral-free loan. No processing fee is to be paid on this.

- You can repay the loan taken under this scheme anytime from 12 months to 5 years. If you want, you can extend the period further.

- No interest is charged on this loan amount. Yes, it is certain that whatever money you withdraw and spend through the PM Mudra card, interest will be charged on that amount.

- People who are doing any business in partnership can also avail the benefit of taking this loan. The interest rates of the loans available under the three categories are different.

This is the way to apply-

To apply for Pradhan Mantri Mudra Yojana, login to the site mudra.org.in. You can apply here by creating a username and password. After this, on the home page, you can choose any one of the Shishu, Kishor, and Tarun categories (PM Mudra yojana category) as per the rules. You can download the application form and print it from here.

These documents will be required -

Many documents will be required for PM Mudra Yojana (PMMY). For this, an Aadhar card, PAN card, proof of permanent and business address, income tax return, copy of sales tax return, and passport-size photo will also be required.

By filling out the form downloaded from the website and attaching all the documents, you can submit the application form to any bank near you. After form verification, you will get the loan amount within 1 month.

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