SBI e-Mudra loan is a digital loan product offered by the State Bank of India to support micro-enterprises.
The loan amount can range from Rs. 50,000 to Rs. 1,00,000 with a repayment tenure of 5 years.
The loan application process is online, quick and hassle-free, with minimal documentation.
SBI e Mudra Loan
SBI e Mudra Loan
Visit the SBI e-Mudra portal. Click on the ‘Apply Now’ button on the homepage.
SBI e Mudra Loan
SBI e Mudra Loan
Fill in your mobile number, SBI savings/current account number, and required loan amount. Click on ‘Proceed’
SBI e Mudra Loan
SBI e Mudra Loan
Fill in the online application form and upload necessary documents.
SBI e Mudra Loan
SBI e Mudra Loan
Accept the terms and conditions by e-signing with your Aadhaar number
SBI e Mudra Loan
SBI e Mudra Loan
Enter OTP received on your registered mobile number to complete the application
SBI e Mudra Loan
SBI e Mudra Loan
The loan amount of 50000 is disbursed directly to the borrower's bank account, and the interest rate is competitive compared to other similar loans in the market