The MUDRA loan is provided under the Pradhan Mantri MUDRA Yojana (PMMY) to non-farming and non-corporate micro and small enterprises. These enterprises can avail loans up to Rs.10 Lakh under the MUDRA (Micro Units Development & Refinance Agency Ltd.) scheme. sbi e mudra loan is available for person who have current account in sbi bank ; one can get maximum loan upto 1 lac from e muda loan scheme.

Features of the Pradhan Mantri Mudra Loan Yojana:

Mudra Loan Amount Maximum loan amount Rs. 10 lakh
–   Shishu Loan  upto Rs. 50,000
–   Kishore loan: –  Rs. 50,001 to Rs. 500,000
–   Tarun Loan :- Rs. 500,001 to Rs.10,00,000
Processing fee Nil for Shishu and Kishore loan,

Whereas 0.5% of the loan amount for the Tarun loan

Eligibility Criteria New and existing units
Repayment period 3 –5 years
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