PMMY - e-Mudra loan through SBI 2026

Apply for e-Mudra loan through SBI

Existing SBI savings and current account holding customers can now apply for the SBI Mudra loan online. Loan applications for up to Rs.50,000 can be submitted on the SBI e-Mudra portal - https://emudra.sbi.bank.in:8044/emudra/basic-details

Details of Pradhan Mantri Mudra Yojana Scheme

SBI Pradhan Mantri MUDRA Yojana (PMMY) offers loans up to Rs.10 lakh with a repayment tenure of up to 5 years. The loan categories signify the stage of development and funding needs of the applicant:

Documents Required for SBI e-Mudra Loan

The documents required based on loan categories are mentioned below: 

For Shishu Loan 

• Identity proof: Seld-attested copy of either Aadhaar, PAN, Voter ID, Driving License, Passport, or Govt. Photo ID. 

• Address proof: Utility bills (less than equal to two months), Aadhaar, Voter ID, Passport, certificate of government or local authority, bank passbook or statement (attested), Domicile certificate. 

• Photographs: Two recent coloured photos (not older than 6 months)  

• Quotation: Machinery or items to be purchased along with supplier details and cost 

• Business Proof: if applicable, provide licenses, Registration certificates, or Ownership and address proof of business. 

For Kishore, Tarun and Tarun Plus Loans 

• Identity proof: Seld-attested copy of either Aadhaar, PAN, Voter ID, Driving License or Passport. 

• Address proof: Utility bills (of less than or equal to two months), Aadhaar, Voter ID, Passport  

• Photographs: Two recent coloured photos (not older than six months)  

• Business Proof: Licenses, Registration certificates, Business ownership and address documents  

• Bank Statement: Last six months (if existing banking relationship)  

• Financials: Last two years balance sheet and ITR or Sales tax returns (for loans more than or equal to Rs.2 lakh) 

• Projections: Projected balance sheet (1 year for WC or full tenure for term loan) (more than or equal to Rs.2 lakh)  

• Sales Details: Current financial year performance till application date  

• Project Report: Technical and economic viability of proposed project  

• Constitution Documents: MOA/AOA (company) / Partnership Deed  

• Net Worth Proof: Asset and Liability statement (if no third-party guarantee)  

• Credit History: Applicant should not be a defaulter with any bank or financial institution 

Other Details About PMMY 

The various other significant details about PMMY are mentioned below: 

• Loans under the Mudra Scheme are covered under Credit Guarantee for Micro Units (CGFMU). 

• The guarantee is provided through the National Credit Guarantee Trustee Company (NCGTC). 

• Guarantee cover period is up to 5 years (maximum 60 months)  

• Loan tenure under Mudra Scheme aligns with the guarantee period (up to 60 months). 

• Leads are available on the Udyami Mitra Portal (www.udyamimitra.in). 

• Branches can access the portal using their username and password. 

• For eligible Cash Credit (CC) accounts, all branches should issue MUDRA RuPay Cards. 

Who Can Apply for PMMY?

The applicants who can apply for PMMY are listed below: 

• Public Sector Banks 

• Private Sector Banks 

• State operated cooperative banks 

• Rural banks from regional sector 

• Non-Banking Finance Company (NBFC) 

• Micro Finance Institution (MFI) 

• Small Finance Banks (SFBs)  

• Other financial intermediary approved by Mudra Ltd. as member financial institutions.

What are the Details Required to Apply for PMMY-e-MUDRA Through SBI?

The details required to apply for the SBI e-Mudra loan online and the process for application are mentioned below: 

Pre-requisites for Enrolment: 

• Address proof 

• Valid ID proof 

• Applicant’s signature 

• Passport-size photograph 

• Proof of identity or address for the business enterprise 

Application Process for PM Mudra Loan (via Udyamimitra Portal)

Initial Steps: 

• Visit the official website PM Mudra 

• Select the Udyamimitra portal 

• Under the Mudra Loan section, click on “Apply Now”  

• Choose your applicant category either New Entrepreneur, Existing Entrepreneur, or Self-employed Professional 

• Enter your name, email ID, and mobile number 

• To complete registration, generate and verify OTP  

Post Registration Steps: 

• Fill in personal and professional details  

• Select a hand-holding agency (if assistance is required) or proceed to the Loan Application Center to apply  

• Choose the loan category – Shishu / Kishore / Tarun  

• Enter business details – name, activity, and industry type (Manufacturing / Service / Trading / Allied Agriculture)  

• Provide additional details – owner information, existing banking/credit facilities, proposed loan, future projections, preferred lender  

• Upload required documents – ID proof, address proof, photograph, signature, business proof, etc.  

• Submit the application and note the Application Number for future reference. 

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