Process of e Mudra Loan Online Apply

e mudra loan online apply : – If you want to start any startup or are already running a business then you can also apply for e mudra loan online. You will get this loan online and you don’t need to go to any bank branch to avail this loan.

Today I will fully explain about pm e mudra loans and will also tell which banks are giving this loan online.

Before taking a loan, you need to understand whether this loan is right for you, can your business run with this loan amount, if not then do you need a bigger loan.

Many banks offer this loan online only up to 50000 but SBI can offer this loan online for up to 1 lakh.

If you are ready to take an e Mudra loan up to 50000 then obviously you must have already done research about it and if you want to know about its eligibility and documents then you can read this post PM e Mudra Loan. Today I am going to learn here only the process of applying for e mudra loan online.

The method of applying for e mudra loan online varies from bank to bank. If you are thinking that this loan can be applied from any government website, then it is absolutely wrong.

First of all, from whichever bank you want to take pm e mudhra, you should have an account in that bank and if you do not have an account in that bank, then first you must open an account in that bank.

If you have an account in SBI, then here is a guide to apply SBI e Mudra loan .

How to Apply 50000 e Mudra Loan in Canara Bank ?

To apply for an e Mudra loan in Canara Bank, first of all, open the website of canarabank.net.in.

On the home page of the bank website, click on Online Shishu Mudra Loan in the Online MSME Loan section.

e mudra loan online apply

Tick on the option of Existing Customer and enter your bank account number.

After entering the account number, click on the button Confirm & Proceed.

An OTP will be received on your registered mobile. Enter the OTP on the screen and click on Verify & Proceed.

e mudra loan online apply

On the next page click on PMMY – Shushu Mudra Loan option

Enter the amount of 50000 in the loan amount section. Select the tenure, accept the term and condition and click on proceed.

Select your business, enter the enterprise registration number and click on Confirm & Proceed.

Again an OTP will be received on your mobile, after entering the OTP click on Proceed.

In the next step, an OTP will be received on the mobile linked to your Udyam Aadhar. After entering the OTP, the Udyam Aadhaar will be verified.

e mudra loan online apply

On the next page, fill in the details such as investment plan, machinery, equipment, and turnover.

The bank’s system will check your details and your loan eligibility will be displayed on the screen.

Select your branch and click on submit.

In this way, your application will reach the bank and your loan amount will be transferred to your account.

How to Apply for 50000 e Mudra Loan in PNB Bank ?

To apply for e mudra loan online in Punjab National Bank, first of all, open the website instaloans.pnbindia.in or search on Google for pnb insta loan and click the first result in the search result. Then click on e mudra loan on the home page of this website.

e mudra loan online apply

Enter your registered mobile number and Aadhar number on the next page.

Click on Proceed after entering the following details..

On the next page, you need to accept terms & conditions and then click on Submit.

You will receive an OTP at your registered mobile number. Enter OTP on the screen and click on Submit.

e mudra loan online apply

On the next page, you need to enter your Udyam registration number. You will receive an OTP at your Udyam aadhar-linked mobile number.

Enter OTP on the screen and verify your Udyam Aadhar number.

First of all, confirm your personal detail, then confirm other information such as pan number, email ID, etc.

On the next page, confirm your business details such as business name, business address, pin code, etc.

e mudra loan online apply

Fill in your financial details on the next page such as annual sales, annual net profit, assets, and total net worth, etc. After entering these details click on submit.

If you have any loan running with any other bank then click on Yes and enter details otherwise click on No.

In the next part, you need to fill in your loan requirements such as how much loan you need, remember you can get only up to 50000 online.

After entering the loan requirement you need to fill Items/Assets to be purchased.

Tick on terms & conditions and click on submit.

e mudra loan online apply

Your loan eligibility will reflect on the screen.

Your e mudra loan will be transferred into your bank account.

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