Mudra Ioan: Do you also want to stand on your feet and do you have a business plan of your own or do you want to start a new business and you also do not have enough money to start that business. So in such a situation, this article is going to be very important for all of you. Because today we are going to tell you about such a scheme through which you can start your business very easily by taking a loan. Yes friends, you can also get this loan and start your own business.
By getting this loan, millions of people of the country have started their business. In such a situation, if you also want to get this loan, then you can get this loan by applying in this loan as per the procedure given below. This loan will be given to you only when you are going to start your own business.
In such a situation, this question must be going on in your mind that, after how much time will this loan have to be returned. So for your information, let us tell you that you can repay this loan in a period of one year to 5 years. And if we talk about the interest on this loan, then we have to pay 12% annual interest in this loan.
State Bank of India Mudra Loan Scheme was started with the aim that all the people across the country who want to start their own business can start their small business by getting this loan and when their business starts running, they can repay this loan.
SBI Shishu Mudra Loan is a very good loan scheme given under Pradhan Mantri Mudra Yojana. The main objective of this loan is that people who want to start their own business can start their business by getting this loan. ₹ 50,000 are provided under this loan. Which the applicant has to repay before 60 months. Apart from this, 12% annual interest is also charged on the given loan.