Mudra Loan Yojna Guide - मुद्रा बैंक लोन योजना
Mudra loan Yojna guide application.
The MUDRA loan is provided under the Pradhan Mantri MUDRA Yojana (PMMY) to non-farming and non-corporate micro and small enterprises.
These enterprises can avail loans up to Rs.10 Lakh under the MUDRA (Micro Units Development & Refinance Agency Ltd.) scheme.
We provide information in two launguage to understand better way of mudra loan Yojana.
1) HINDI
2) ENGLISH
PM Mudra Loan Yojana application contains all the information about this usefull initiative . With this application you get to know most of the information Pradhan Mantri MUDRA Yojana (PMMY). How it works ,
document required for this Loan, Supported business etc
Q. Annual Percentage Rate(APR) ?
A. Salaried(Home Loan): 11.75% to 16.50%
Self-Employed(HomeLoan): 12.75% to 17%
Loan against Property: 15% to 17&
Q. For example, Loan amount is ₹100000 and Interest Rate if 12% for 5 years, them EMI and total payable amount?
A. Montly EMI: ₹2225 | Total payable amount( include all fee): ₹13350 for loan period of 5 years.
➡️ Important Terms/Details :
― Aadhar housing Finance Home Loan Interest Rate is 11% p.a.
― Monthly salary eligibility starts from as low as 5k p.m.
― Loan Tenure of Aadhar Loan ranges from 1 year to 30 years. The maximum loan tenure is up to 30 years.
― Lowest EMI per Lakh is Rs952 per lakh offered at interest rate of 11% p.a. at the longest loan tenure of 30 years.
― Lowest EMI per 100000 is Rs 1029 offered at interest rate of 12% p.a. at the longest loan tenure of 30 years.
The Mudra Loans have been classified as…
Shishu Loan :- Loan up to - 50,000
Kishore Loan :- Loan ranging from - 50,000 to - 5 lakh
Tarun Loan :- Loan above - 5 lakh and below - 10 lakh
Mudra Bank Loan Yojana app provides information regarding how to apply, procedure and other key information about Mudra Loan Yojana.