6 years of Mudra loan: If the bank does not give you, do the solution here

On this day, on 8 April 2015, PM Narendra Modi launched the Mudra project. 14 lakhs 98000 crores in last 6 years. Under the scheme, 28.68 crore loans were given during the period. According to a report from the Ministry of Finance, Rs 2.66 lakh crore has been disbursed through 4.20 crore loans in 2020-21. About 24 per cent of loans were given to new entrepreneurs.

In the last 6 years, 88 per cent of loans have been disbursed as infant loans. SC, ST and OBC got 51 per cent of the loans. This is a matter of statistics, but the reality is that it is difficult to get this loan from the banks of the towns and small towns. Mudra loans are not readily available. Banks are often hesitant to lend. If you are also affected by the behavior of the banks, we are providing you with numbers and email IDs that can be complained to banks that do not offer seal loans.

These are the numbers and e-mail IDs of the complaining officers

Bank Name NAME GM The land line Email
1 Allahabad Bank Sudhanshu Gaur G.M. 033-22622883, Ho.Sme@allahabadbank.in
Andhra Bank M Srinivasa Rao G.M. 040-23252352 sme@andhrabank.co.in
Bank of Baroda Mr. Man Mohangupta G.M. 022-66985203 Gm.sme.L1@bankofbaroda.com
Bank of India Shri Mina Ketan Das G.M. 022-66684839 Mina.dasabankofindia.co.in
Bancoff Maharashtra Shri Vasant Maske G.M. 020-25614206,020-25614264 Dgmpri@mahabank.co.in
Bank of Canara Mr. D. Madhavaraj G.M. 080-22248409 madhavarajd@canarabank.com
Central Bank of India Shri.S.S Rao G.M. 022-61648740 dgmmsme@centralbank.co.in
Corporation Bank GM Bellad GM 0824-2861412, 2861821 hosme@corpbank.co.in
The Indian Bank Shri Veeraraghavan B DGM 044-28134542 veeraraghavan.b@indianbank.co.in
Indian Overseas Bank Anil Kumar Luthra 044-28889250 anilkumarloothra@iobnet.co.in
Punjab and Sind Bank Sh. HM Singh GM 011-25812931 HO.PS@PSB.CO.IN
Punjab National Bank Ms. Neerja Kumar G.M. 011-23312625 neerja_kumar@pnb.co.in
State Bank of India S Kalyanram G.M. 022-22740510 gm.micofinance@sbi.co.in
Syndicate Bank Prasanna Kumar SJ GM 080-22204564 corbd@syndicatebank.co.in
Bank of Uco MK Surana G.M. 033-44558027 msme.calcutta@ucobank.co.in
Union Bank of India Pnarasimha Rao G.M. 022-22892201 pnarasimharao@unionbankofindia.com
United Bank of India Naresh Kumar Kapoor G.M. 033-22480499

gmact@unitedbank.co.in

Before taking out a loan, first decide which category you want to borrow. Whether you want an infant loan or a Kishore or Mudra loan, you can fill in the required form on the Mudra Loan website with your loan proposal. Click https://www.mudra.org.in/ to apply. Go for it and apply for a specific loan requirement.

How much and who gets the seal loan

Explain that under the Pradhan Mantra Mudra scheme, infant loans, Kishore loans and Tarun Mudra loans are three types of loans. Under this, loans up to Rs 50,000 to Rs 10 lakh are allowed. Under Shishu Mudra Loan, a person can take out a loan of up to 50 thousand Rupees under his or her own business when starting a business. At the same time, the Kishore Mudra loan Under the scheme, people who own their own business but are not yet established, such people can borrow from Rs 50,000 to Rs 5 lakh. For this, you may have to pay 14 to 17 percent interest Tarun Mudra Loan Under this, one can borrow one million rupees for business expansion. It has to pay interest at 16 per cent.

Documents required for a loan

To obtain a seal loan from State Bank of India, Identity Card, Residence Proof, Bank Statement, Photograph, Sales Documents, Quotations, Business Identity Card and Address Certificate are required. In addition, information about GST identification number, income tax return is required. You can apply for a Mudra loan by visiting SBI’s website.

Current and new units

Loans sanctioned under the Mudra scheme are guaranteed by the credit guarantee to the micro units and are issued by the National Credit Guarantee Trustee Company (NCGTC). Guarantee cover available for up to five years. So the maximum period for loans offered under the Mudra scheme is 60 months. Loans are now available at the Leeds Entrepreneur Ally Portal (www.udyamimitra.in). Branches are accessible to the site with a username and password. Mudra rupee card is issued to all eligible CC accounts from all branches.