SBI Shishu Mudra Loan Yojana The SBI Shishu Mudra Loan Yojana is an initiative conducted by the Indian government to support micro and small businesses. This initiative provides a loan of up to Rs 50,000 without any guarantee. This strategy is suitable for launching a new business or growing an existing one. Do you wish to stand on your own two feet and have your own company strategy, or do you want to start a new business but lack the necessary funds? So, in such a case, this post will be really valuable to all of you. Because now we are going to inform you about a scheme that allows you to start your business very easily.
SBI Shishu Mudra Loan Yojana 2025
The SBI Shishu Mudra Loan Yojana is a government initiative designed to empower micro and small businesses by providing financial support. Under this scheme, eligible individuals can receive loans up to Rs 50,000 without any collateral or guarantee, making it ideal for those looking to start or expand their business. Whether you want to set up a new venture or grow an existing one, this loan can be the stepping stone towards your entrepreneurial goals. It offers a simple and accessible way to secure funds, enabling aspiring entrepreneurs to stand on their own feet and pursue their business dreams.
SBI Shishu Mudra Loan Yojana 2025 Overviews
| Scheme Name | SBI Shishu Mudra Loan |
| Launched by | Central Government |
| Objective | Financial assistance to small businesses |
| Loan Amount | Maximum Rs 50,000 |
| Interest Rate | 12% per annum |
| Repayment Period | 1 to 5 years |
| Application Process | Online and offline |
| Eligibility | Indian Citizens aged 18 to 60 years |
| Category | Sarkari Yojana |
| Required Documents | Aadhar card, PAN card, bank passbook |
What is SBI Shishu Mudra Loan Yojana?
SBI Shishu Mudra Loan Yojana is a government scheme aimed at providing financial assistance to small businesses. Under this scheme, a loan of up to Rs 50,000 is given to the applicant without any guarantee. This scheme is especially for those who want to start a new business or expand their existing business.
Benefits of SBI Shishu Mudra Loan Yojana
- Loan without guarantee: Loan up to Rs 50,000 is available without any guarantee.
- Low interest rate: This loan attracts an annual interest rate of 12%.
- Long payment period: The loan amount can be repaid between 1 to 5 years.
- Business expansion opportunity: This loan is helpful in expanding the existing business or starting a new business.
- Government support: Financial security is provided under this scheme of the government, so that people can become self-reliant.
Eligibility for SBI Shishu Mudra Loan Scheme
- The applicant must be a citizen of India.
- The age of the applicant should be between 18 to 60 years.
- The applicant must have at least a 3-year-old account with SBI.
- The applicant should not be a defaulter in any loan before.
- Project report is required for new business.
Required Documents
- Aadhaar Card
- PAN Card
- Bank Passbook
- Business Certificate
- Income Certificate
- Residence Certificate
- Mobile Number
SBI Mudra loan Application Process 2025
SBI Shishu Mudra Loan Yojana Offline Apply
- First of all, visit the nearest branch of State Bank of India (SBI).
- Visit the branch and get the application form for Shishu Mudra Loan.
- Fill the applicant form carefully and attach all the important documents.
- Submit the filled form to the bank.
- Your application will be checked by the bank and the loan will be provided as per the eligibility.
SBI Shishu Mudra Loan Yojana Online Application
- First Of All Go to the official website of SBI.
- Click on the “Business” option and then select “PMMY” under “SME”.
- After this, go to the link of Jan Samarth Portal and click on “Pradhan Mantri MUDRA Yojana”.
- Check your eligibility and complete the application process by clicking on “Login to Apply”.
Conclusion
In conclusion. SBI Shishu Mudra Loan Yojana is a valuable initiative for aspiring entrepreneurs, offering financial assistance to start or grow a small business. With a loan amount of up to Rs 50,000, no collateral required, and a competitive interest rate of 12% per annum, it provides a low-risk opportunity for business expansion. The flexible repayment period of 1 to 5 years makes it accessible and manageable for borrowers. This scheme supports self-reliance, helping individuals achieve their business goals with ease.