MUDRA LOAN
BRITSI can help you right from applying MUDRA loan application to disbursal in your KYC account designated throughout loan process in various Bank/NBFC. MUDRALoans offers a host of benefits and features to cater to your needs of business of all types. This type of loan is only applicable to registered business categories: Proprietorship, Partnerships, LLP, OPC, PVT LTD, PUBLIC LTD. You can avail loan amount from a plethora of Banks/NBFC’s available in PAN INDIA. You can avail this free service by us whenever you are in need. This service is free of cost to our customers across PAN INDIA. BRITSI has expertise in managing MUDRA Loan applications through our banking partners in India.
ELIGIBILITY CRITERIA FOR MUDRA LOAN APPLICATION:
- Indian resident with CIBIL score above 700
- Should have steady income through a registered business
- Should have income above 10000 per month.
- Should have AADAHR and PAN card along with business proof, address proof.
DOCUMENTS REQUIRED FOR PROCESSING MUDRA LOAN APPLICATION:
- AADHAR Card, PAN Card, Address Proof (DL/PP/etc.) of applicant.
- Duly filled Mudra application form (PDF format) with 2 passport-sized photographs.
- Project Report prepared for business details.
- Net worth statement of business.
- Business proof (TL/SL/GUMASTA/GST/MSME/CIN/PAN) of applicant.
- Banking statement of last 1 year of applicant and business.
- ITR of last 2 years of applicant.
- Loan Account Statements if any actively running in name of applicant
- Credit card statements if any actively running in name of applicant.
- NOC (No Objection Certificates) or Closing Letters for loan(s)/credit card(s) which are active/closed as of date.
- Proof of belonging to SC/ST/OBC Category, if applicable.
Any other document required by the bank or lender.
BANK/NBFC PROCESS OF MUDRA LOAN APPLICATION:
- Customer will provide all required documents and details.
- Company will prepare and submit Loan application with customer documents and details.
- Bank/NBFC will process customer application to validate details and documents.
- Application will be passed on to credit evaluation team post documents validation.
- Customer will be notified about final decision of their respective Loan application.
