Visit the government’s Jan Samarth portal and click on ‘Business Activity Loan’ from the ‘Schemes’ dropdown and then click on ‘Pradhan Mantri Mudra Yojana’

Visit the government’s Jan Samarth portal and click on ‘Business Activity Loan’ from the ‘Schemes’ dropdown and then click on ‘Pradhan Mantri Mudra Yojana’

Select ‘Other Business Loan’ if you are not a handloom weaver or manual scavenger or street vendor

Select ‘Other Business Loan’ if you are not a handloom weaver or manual scavenger or street vendor

Scroll down the page and click on ‘Check Eligibility’

Scroll down the page and click on ‘Check Eligibility’

Enter details such as new or existing business, type of business, your social category, location, estimated cost to start or grow your venture and the amount you are willing to invest from your own source

Enter details such as new or existing business, type of business, your social category, location, estimated cost to start or grow your venture and the amount you are willing to invest from your own source

The portal will then calculate and show up the loan amount you are eligible for. For example, if the estimated cost of your project is Rs 2 lakh and you can invest Rs 50,000 from your end, the loan amount you would be offered is Rs 1.5 lakh

The portal will then calculate and show up the loan amount you are eligible for. For example, if the estimated cost of your project is Rs 2 lakh and you can invest Rs 50,000 from your end, the loan amount you would be offered is Rs 1.5 lakh

Click on ‘Calculate Eligibility’ to get details about monthly EMI and loan tenure

Click on ‘Calculate Eligibility’ to get details about monthly EMI and loan tenure

Click on ‘Login to Apply’; log in with your registered mobile number Accept the privacy policy and click 'Next'

Click on ‘Login to Apply’; log in with your registered mobile number Accept the privacy policy and click 'Next'

Click on ‘Proceed’ under the Mudra scheme dialogue box Review the details you provided and Click on ‘Continue’

Click on ‘Proceed’ under the Mudra scheme dialogue box Review the details you provided and Click on ‘Continue’

The application page will come up showing the necessary documents required; agree to all documents and click on ‘Agree & Proceed’

The application page will come up showing the necessary documents required; agree to all documents and click on ‘Agree & Proceed’

Verify your identity with PAN, Udyam registration and Aadhaar details and click on ‘Proceed’

Verify your identity with PAN, Udyam registration and Aadhaar details and click on ‘Proceed’

The portal will fetch your GSTIN details but if the business is not GST-registered, it will ask for reason such as whether GST is not applicable to your product or service, GST is not applicable in your state, GST is not required because sales is below registration limits and other reason

The portal will fetch your GSTIN details but if the business is not GST-registered, it will ask for reason such as whether GST is not applicable to your product or service, GST is not applicable in your state, GST is not required because sales is below registration limits and other reason

Click on ‘Proceed’ to enter your business details and monthly sales data and again click on ‘Proceed’

Click on ‘Proceed’ to enter your business details and monthly sales data and again click on ‘Proceed’

Enter other business details and click on ‘Proceed’ to submit your bank details either through bank statements or by verifying your bank account

Enter other business details and click on ‘Proceed’ to submit your bank details either through bank statements or by verifying your bank account

Click on ‘Verify’ and on the next page  Enter details around the number of employees, business address, whether you have any existing loan, details of existing lenders, etc.

Click on ‘Verify’ and on the next page  Enter details around the number of employees, business address, whether you have any existing loan, details of existing lenders, etc.

Once submitted, the portal will share the loan offers from various banks with the rate of interest and loan tenure Click on ‘Select Offer’ for the relevant loan offer

Once submitted, the portal will share the loan offers from various banks with the rate of interest and loan tenure Click on ‘Select Offer’ for the relevant loan offer

After entering the details, it will show that your form is ‘Complete’ and can be submitted

After entering the details, it will show that your form is ‘Complete’ and can be submitted

Once your loan application is approved digitally by the selected bank, the latter will undertake sanctioning process which might include branch visits for any clarification or error in documents in order to disburse the loan

Once your loan application is approved digitally by the selected bank, the latter will undertake sanctioning process which might include branch visits for any clarification or error in documents in order to disburse the loan

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