Mudra Loans

An insight into Mudra Loans Union Finance Minister of India presented a new scheme in his Budget speech of the financial year 2015-16. Its name is 'Pradhan Mantri Mudra Yojana' or simply the 'Mudra scheme'. The scheme facilitates the creation of a Mudra Bank. The Government of India handles the operations of the Mudra Bank (Micro Units Development and Refinance Agency Bank). It is a financial institution that extends Mudra Loans to small financing institutions, non-banking financial institutions, commercial banks, Regional Rural Banks, Cooperative Banks and Micro Financing Institutions. These [...]

By | 2018-07-31T08:56:19+00:00 May 24th, 2018|Uncategorized|0 Comments

Mudra Loan Online Apply

Mudra Bank (Micro Units Development and Refinance Agency Bank) is a financial institution run by the Government of India. It facilitates in providing loans to small financing institutions and non-banking financial institutions at low interest rates. They further provide credit to the Micro, Small and Medium Enterprises (MSMEs) in the manufacturing, trading, allied agriculture and services sector. Mudra Scheme was launched in the year 2015. One can fill their Mudra Loan Application through an easy and efficient online medium. Purpose of Mudra The purpose of Mudra is to fund the [...]

By | 2018-08-24T09:09:23+00:00 May 23rd, 2018|Uncategorized|0 Comments