Government Loan Scheme: If you also want to start your own business but you do not have enough money available for it, then do not worry. You are being helped for this by the government. This scheme has been started by the Prime Minister of our country Narendra Modi. If you want to start a new business or want to expand your business further, then you can take a loan through PM Mudra Loan Scheme. Under this scheme, you can take a loan ranging from Rs 50,000 to Rs 10 lakh.
You can take a loan to start your own business
Under this scheme, the government is providing benefits to those people who want to start their own business but do not have money. In such a situation, those people who do not like to work under anyone and want to start their own business can take advantage of this scheme of the government. You can start your business by taking loan under this scheme.
Various types of loans are available under the scheme
Under this scheme, you are given three types of loans which include Shishu Kishore and Tarun Loan. If you want to take a loan under Shishu Loan and apply, you will be given a loan up to ₹ 50000. If If you apply for a loan under Kishore Loan, you will get a loan ranging from Rs 50 thousand to Rs 5 lakh. If you apply for a loan under Tarun Loan, you will get a loan ranging from Rs 5 lakh to Rs 10 lakh.
Documents required for government loan scheme
- Passport
- Voter ID Card
- driving license
- PAN card
- Aadhar card
- Utility Bills (Water/Electricity Bills)
- birth certificate
- 10th class certificate
How to apply for government loan scheme
- To apply for government loan scheme, first of all you have to official website will go on.
- After visiting this website, you will see three options of Shishu, Tarun and Kishor.
- Whatever type of loan you want to take from here, you have to click on that option.
- As soon as you click on any of these options, the link to the related application form will open in front of you.
- Now here you have to click on the download option.
- Now you have to download the application form of PM Mudra Loan Scheme.
- After downloading the application form, you will have to take a printout of it.
- After this, you will have to read all the information asked in the application form carefully and enter it correctly.
- After filling the application form completely, you will have to attach all the necessary documents asked in it.
- Now you will have to go to your nearest bank with this application form and submit the form.
- After that your application form will be scrutinized by the bank officials.
- If everything is found correct then you will definitely get the benefit of the scheme and you will be able to take the loan.
