MUDRA Loan (Shishu)
Loans up to ₹50,000 for micro enterprises and small businesses
Amount Range
Up to ₹50,000
Timeline
7-14 days
Interest Rate
8.5% - 12% p.a.
Overview
MUDRA Shishu loans provide financial assistance up to ₹50,000 for micro and small enterprises. Ideal for new businesses and entrepreneurs starting their journey.
Key Benefits
No collateral required
Quick processing
Flexible repayment tenure
Available at all major banks
Eligibility Criteria
Business Types
Sole ProprietorPartnershipPvt LtdStartup
Categories
GENERALWOMENSC/STMINORITY
Purposes
Working CapitalEquipmentExpansion
Required Documents
Identity Proof (Aadhaar/PAN)
Address Proof
Business Plan
Bank Statements (6 months)
Frequently Asked Questions
Any individual or small business owner who wants to start or expand a micro enterprise can apply. The business should be in manufacturing, trading, or services sector.
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