SBI e-Mudra Loan Online 2025
Friends, if you want to start a small business and cannot start it due to lack of funds, then the e-Mudra loan scheme of State Bank of India (SBI) can benefit you. Under this scheme, you can get a loan of up to ₹ 50,000 online in a few minutes sitting at home. Under the Pradhan Mantri Mudra Yojana (PMMY), this loan has been started specifically to provide financial assistance to micro, small and medium enterprises (MSME).
State Bank of India is a leading public sector bank in the country, which provides a variety of financial services. One of these important services is Mudra Loan, which is given to promote self-employment and make small traders financially strong. In this article, we will share all the important information related to SBI e Mudra Loan Apply Online 2025 in detail.
What is SBI e-Mudra Loan Online 2025?
SBI e-Mudra Loan is a digital loan service launched by SBI to provide financial assistance to small traders, startups, and self-employed people. The main objective of this loan is to provide simple and quick loans to small enterprises according to their financial needs.
Under this scheme, State Bank of India provides loans ranging from ₹ 50,000 to ₹ 1 lakh to its customers. An amount up to ₹ 50,000 can be applied online, while for an amount above this, the required documentation has to be completed by visiting the bank branch.
Types of SBI e-Mudra Loan Online 2025
Loan up to ₹50,000: If you want to take a loan amount of up to ₹50,000, then you can apply for it online from home. On completion of eligibility, this amount is transferred to your account in just five minutes.
Loan from ₹50,000 to ₹1,00,000: For this amount, you have to apply by visiting your SBI savings or current account branch. After completing the document verification and necessary formalities at the branch, you will receive an SMS on your registered mobile number, which will contain instructions for the further process. It is mandatory to complete this process within 30 days of loan approval.
Benefits of SBI e-Mudra Loan Online 2025
Completely online application process
Minimum documents required
Loan up to ₹50,000 can be availed in a few minutes
Loan is sanctioned without any guarantee
Facility to avail loan amount up to ₹1 lakh
Available at low interest rates
Long repayment period, can be easily paid in installments
Eligibility for SBI e-Mudra Loan Online 2025
Applicant should be a micro, small, or medium entrepreneur
Should have a current or savings account at least six months old with SBI
KYC process must be completed
Mobile number must be linked to the Aadhaar card
Documents required for SBI e-Mudra Loan Online 2025
Aadhaar card
PAN card
Business certificate (if available)
Bank account number and branch details
GST registration (if applicable)
Shop and establishment certificate (if available)
Registered Mobile number and email ID
How to Apply Online
Visit the official website: Visit the official website of SBI and find the “SBI e Mudra Loan” option.
Fill the online form: Enter personal information (name, address, Aadhaar card number, PAN card number) and business information (business name, type, annual turnover etc.).
Do OTP verification: Enter the OTP received on the registered mobile number and submit the form.
Upload documents: Upload the required documents like Aadhaar card, PAN card, GST number (if applicable), business registration certificate.
Get loan approval: After reviewing the application, if your loan is approved, an amount up to ₹50,000 will be transferred to your account immediately.
If you want a loan of more than ₹50,000, you have to visit your SBI branch and complete the documentation. After loan approval, information about the further process will be given through SMS.
Interest Rate on SBI e-Mudra Loan Online 2025
Under this scheme, SBI charges an annual interest rate of around 9.5% on loans up to ₹50,000. You have to pay in installments starting three months after loan approval.
For example, if you take a loan of ₹50,000 and want to repay it in five years, you will have to pay a total of ₹64,296 in 57 installments, which means an installment of about ₹1,128 will be deducted every month.
Important things to keep in mind: SBI e Mudra Loan Apply Online 2025
Before applying, make sure your documents are correct and updated.
Use the loan for business purposes only.
If your application is rejected, find out the reason and improve it, and apply again.
Understand the terms and interest rates of the bank thoroughly.
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