SBI Mudra Loan Application Form Pdf Download

The State Bank of India (SBI) offers a variety of Mudra loans to small and micro businesses in India. These loans are designed to provide financial assistance to businesses that are unable to get loans from traditional sources. The SBI Mudra Loan Application Form is the first step in the process of applying for a Mudra loan from SBI.

What is the SBI Mudra Loan?

The Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme of the Government of India designed to provide financial support to non-farm micro, small and medium enterprises (MSMEs). The scheme provides loans up to Rs. 10 lakh to MSMEs engaged in manufacturing, trading, services and allied agricultural activities.

Types of SBI Mudra Loans

There are three types of SBI Mudra loans:

  • Shishu: Loans up to Rs. 50,000
  • Kishore: Loans from Rs. 50,001 to Rs. 5 lakh
  • Tarun: Loans from Rs. 5 lakh to Rs. 10 lakh

Eligibility Criteria for SBI Mudra Loans

To be eligible for an SBI Mudra loan, the applicant must meet the following criteria:

  • The applicant must be an individual, proprietorship, partnership firm, limited liability company or cooperative society engaged in a non-farm micro, small or medium enterprise.
  • The applicant must be at least 18 years of age.
  • The applicant must have a valid PAN card.
  • The applicant must have a good credit history.

Documents Required for SBI Mudra Loan Application

The following documents are required for SBI Mudra Loan Application:

  • Duly filled and signed SBI Mudra Loan Application Form
  • Proof of identity and address of the applicant
  • Proof of business existence and registration
  • Proof of income or turnover
  • Financial statements of the business
  • Collateral security, if applicable

How to Apply for SBI Mudra Loan

There are two ways to apply for an SBI Mudra loan:

  • Online: The applicant can apply online through the SBI website.
  • Offline: The applicant can visit any SBI branch and apply for the loan offline.

Processing of SBI Mudra Loan Application

The processing time for SBI Mudra Loan Application is usually 15-30 days. The bank will assess the application based on the applicant’s eligibility, creditworthiness and the viability of the business proposal. If the application is approved, the bank will disburse the loan within a week.

Repayment of SBI Mudra Loan

The repayment period for SBI Mudra Loan is usually 3-5 years. The borrower can repay the loan in installments through ECS.

Benefits of SBI Mudra Loan

There are several benefits of SBI Mudra Loan, including:

  • Low interest rates
  • No collateral security required for loans up to Rs. 5 lakh
  • Flexible repayment options
  • Easy application process


The SBI Mudra Loan is a great option for small and micro businesses that need financial assistance. The loan is easy to apply for and has a number of benefits. If you are a small or micro business owner, I encourage you to consider applying for an SBI Mudra Loan.

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