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Mudra Loan Eligibility Documents
Mudra Loan Eligibility Documents
Mudra loans are offered by various banks and financial institutions that can be used by the applicants with a minimum age of 18 years and a maximum age limit of 65 years.

Mudra Loan Eligibility Documents

Mudra loans are offered by various banks and financial institutions that can be used by the applicants with a minimum age of 18 years and a maximum age limit of 65 years. The applicant should not have any past loan defaults with any financial institution and primarily should have a good repayment history.  

  These loans are often availed by individuals, self-employed professionals, business owners, women entrepreneurs, MSMEs, and other business entities engaged in the services, trading, and manufacturing sectors. There are the following categories and required documents are motioned below: 

 Vehicle Loans  

  • Mudra Application Form 
  • Vehicle loan application form 
  • 2 passport size color photographs 
  • Photo Identity proof 
  • Address proof 
  • Income proof 
  • Bank statement (last 6 months) 

Business Installment Loan 

  • Mudra Loan application form 
  • BIL application form 
  • Photo identity proof 
  • Address proof 
  • Establishment proof 
  • Bank statement (last 6 months) 
  • Ownership proof of residence/office 
  • Proof of continuity of business 
  • Proof of qualification 
  • Trade references 
  • 2 years ITR 
  • CA certified financials 

Business Loans Group and Rural Business Credit 

  • Mudra application Form 
  • BIL/RBC application form 
  • Photo identity and age proof 
  • Address proof 
  • Ownership proof of residence/office 
  • Business vintage proof 
  • Bank statement (last 12 months) 
  • Income tax return (last 2 years)