If you want to start a small business or expand the one you already have, the mudra loan application form is the first thing you will need. It is a simple form. Anyone can fill it with basic details. You do not need special financial knowledge. You only need to understand what each section means and why it is asked.
The Mudra loan comes under the Pradhan Mantri MUDRA Yojana (PMMY). This loan helps small businesses, street vendors, shop owners, and young entrepreneurs get easy funding. The government created three loan categories for different business stages. They are easy to remember:
- Shishu – Loan up to ₹50,000
- Kishor – Loan above ₹50,000 and up to ₹5,00,000
- Tarun – Loan above ₹5,00,000 and up to ₹10,00,000
These loans help businesses grow without heavy paperwork or high interest. The Mudra loan interest rate also depends on the bank, but it is usually affordable for new entrepreneurs.
Now let’s look at the mudra loan application form in very simple words.
What the Form Contains
The form looks long, but do not worry. Each part collects basic information. I will explain every section in simple language so you can fill it without confusion.
A. For Office Use
You don’t fill this part.
The bank staff fills it.
They write your application number, branch name, and the loan category you selected — Shishu, Kishor, or Tarun.
B. Business Information
This part is about your business.
Here is what you need to fill:
- Name of your business
- Type of business (proprietorship, partnership, or private limited)
- Business address
- Mobile number and email
- When you started the business
- What you plan to sell or make
- Whether the activity is skilled or unskilled
- Registration details, if any
- Registered office address
- Social category
This section helps the bank understand your business idea.
Even if your business is new, you should fill it honestly.
Many people think only old businesses get loans, but that is wrong. Even new ideas get support under PMMY loan application.
C. Background of Proprietor, Partners, or Directors
If you own the business alone, this part is about you.
If you have partners or directors, include all of them.
You need to write:
- Name
- Date of birth
- Gender
- Home address
- Mobile number
- Qualification
- Work experience
- PAN
- ID proof
- Address proof
The bank checks these details to verify your identity.
This section also helps them see whether you have experience in the field.
D. Associate Concerns
If you own another business, mention it here.
Write its name, address, bank details, and your role in it.
If you do not have any other business, you can leave it blank.
E. Existing Bank Accounts or Loans
The bank needs to know if you already have:
- Savings account
- Current account
- Cash credit
- Term loan
You must also write:
- How much limit you have
- What is the outstanding amount
- Which security you gave
- Whether you have loans from any other bank
This helps the bank understand your financial position.
It also helps them check your Mudra loan eligibility.
F. Loan You Are Applying For
This is an important part.
Here you mention:
- What type of loan you want (Cash Credit, Term Loan, etc.)
- How much money you need
- What you will use the money for
- What security you can offer (if any)
The bank sees if the amount you ask for matches your business needs.
G. Working Capital Details
If your business needs money for day-to-day operations, you fill this part.
You need to write:
- Last two years’ sales
- Expected sales
- Expected inventory
- Expected revenue
- Working cycle
- Creditors
- Debtors
- Your contribution
This helps the bank check your business strength.
H. Term Loan Details
If you plan to buy machines or equipment, fill this part.
Write:
- Type of machine
- Why you need it
- Supplier name
- Total cost
- Your contribution
- How much loan you need
- Repayment plan
- Moratorium period (if required)
This section is simple. Just write what you want to buy and why.
I. Past and Future Business Estimates
If your business is running, write the past two years’ details:
- Net sales
- Net profit
- Capital
Also write estimated future performance.
If your business is new, mention your expected numbers.
Banks do not reject new businesses for this.
Just explain it clearly.
J. Statutory Information
Here you tell the bank if you have:
- Shop and establishment registration
- MSME registration
- Drug license (if needed)
- Sales tax return
- Income tax return
If you do not have everything, no problem.
Many small businesses operate without all registrations.
Banks consider that under mudra loan appliaction form.
K. Declaration and Signature
This is the last step.
You sign and attach your photo.
You declare that all details are true.
You write the date and place.
The bank gives you an acknowledgement slip.
Keep it safe. You may need it later.
How to Download the Mudra Loan Application Form
It is easy to get the form.
You can visit the bank website or the official Mudra portal.
Many people also search for Mudra loan apply online, which leads directly to the digital form.
If you prefer the offline form, you can collect it from any bank branch.
Documents You Need
(Mentioned for clarity and CTR boosting)
Most banks will ask for:
- ID proof
- Address proof
- Passport-size photo
- Business details
- Quotation for machines (if needed)
- Bank statements
These are basic Mudra loan documents required.
Final Thoughts
The mudra loan application form looks long, but it is simple when you understand each part.
It is designed to support small businesses that need funding without stress.
If you fill it calmly, you can complete it in a short time.
This loan is a great step for anyone who wants to grow a small business with confidence.
If you want help preparing your project report for the loan, Finline can make it easy. Their platform helps you create a neat and clear financial report in minutes, which increases your chance of getting approval.
