MUDRA Loan (Kishore)
Loans from ₹50,000 to ₹5 Lakh for growing businesses
Amount Range
₹50,000 - ₹5 Lakh
Timeline
14-21 days
Interest Rate
8.5% - 12% p.a.
Overview
MUDRA Kishore loans provide financial assistance between ₹50,000 and ₹5 Lakh for businesses looking to expand their operations.
Key Benefits
No collateral required
Lower interest rates
Repayment up to 5 years
Working capital and term loan combined
Eligibility Criteria
Business Types
Sole ProprietorPartnershipPvt LtdStartup
Categories
GENERALWOMENSC/STMINORITY
Purposes
Working CapitalEquipmentExpansion
Required Documents
Identity Proof (Aadhaar/PAN)
Address Proof
Business Registration
Bank Statements (12 months)
ITR for last 2 years
Frequently Asked Questions
The repayment tenure for MUDRA Kishore loan ranges from 3 to 5 years depending on the loan amount and purpose.
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