Loan for business can be obtained from government Mudra Yojana.

Mudra plan loan is available on a business plan without any money-back guarantee. 


Under Mudra Yojana, you can take a loan of up to 10 lakh rupees from the government.

⇛Due to the global pandemic, there is an economic crisis in the country, due to this economic recession, many people have lost their employment too. In this dilemma, the government's Mudra scheme is of great use. Under this scheme, you can take a loan of up to 10 lakh rupees from the government to start your own business.

⇛Mudra loans are classified into 3 categories, Shishu with a maximum limit of 50 thousand, Kishor with a limit of Rs 50 thousand to Rs 5 lakh, and Tarun with a limit of Rs 10 lakh. That is, you will be given a loan according to your work.

⇛First, the applicant has to prepare a business plan. Also, all the necessary documents for the loan have to be prepared. Along with general documents, the bank will also ask for documents related to your business plan project report, future income estimates so that it knows your needs.